Talent Shortages Hit the Levels of 2007: In-house Talent Development Comes to Rescue

Rallyware

In this article, we’ll explain how companies survived then and how you can solve employability issues with in-house talent development now. How talent-centric management and training stood against the Great Recession . Empathetic companies kept investing in their employees.

How Managers Can Improve Employee Engagement & Retention

Inpower Coaching

A combination of decreasing employee engagement, increasing turnover and fewer skilled candidates available, is making it tough for companies to get the right resources. Research shows that organizations with higher employee engagement enjoy higher employee retention.

5 Ways To Boost Employee Engagement

SuccessFactors

Besides talent attraction and retention, employee engagement has become a major challenge for businesses. Research reveals that employee engagement has a positive impact on performance and is key to competitive advantage.

17 Shocking Truths About High Employee Turnover [INFOGRAPHIC]

SuccessFactors

How much do you value the employees behind your organization? If high employee turnover rates are a problem for your business, the answer is, not enough. When employee turnover becomes a trend, the resulting expenses can become crippling.

The Corporate Fitbit: Monitoring Your Company’s Health, Turnover, And The Employee Feedback Loop

SuccessFactors

This idea is all the more logical when you consider the faster and increasingly dynamic nature of business, especially with the talent agenda at the heart of competitive strategies going forward. Who is typically reaching out to you from companies about turnover issues?

How to Improve Retention of High-Potential Employees

Everwise

In recent years, employee turnover has become an increasing problem. So, how do you improve retention? Start by investing in your employees. Satisfied employees mean satisfied customers, which leads to profitability.”. Focus 4: Develop Skills.

8 Employee Retention Facts That’ll Keep You Up At Night

SuccessFactors

Employee retention is important. It’s much harder to hire, on-board, and train new employees than it is to keep your current employees. Employees who are engaged are obviously less likely to quit, which improves your retention rates.

Build the Bottom Line by Measuring and Improving Employee Engagement

FlashPoint

Employee engagement is the key to bottom-line performance. When employees are engaged, they’re willing to go the “extra mile” in their jobs. Engaged employees have a significant impact on the company’s performance. Talent Development Talent Management

When Retention Requires Attention

HRExecutive

Keeping retention rates high is a priority for any organization, but what happens when it starts to slip? The reasons for workers to seek greener pastures are often manifold, Dishman notes: Overall, the latest Gallup report found that a record 47% of the workforce says now is a good time to find a quality job, and more than half of employees (51%) are searching for new jobs or watching for openings. HR profession retention

Turnover Begets Turnover: Nip It in the Bud

FlashPoint

It’s a fact: hiring and retaining software developers is going to be an increasing priority for your company in 2015. The talent competition is heating up as new companies move into central Indiana. This means there are more jobs for developers and other IT specialists to choose from, and more talent competition for existing technology consulting firms and tech-enabled firms. What can you do to retain your top IT talent? Focus on soft skill development.

Five HR Analytics Terms You Need to Know

SuccessFactors

Today we use HR analytics for everything from determining passive and active candidates; assisting with onboarding, training, and engagement; and predicting retention, attrition, and performance rates. I love Big Data.

Why Millennials Quit: Understanding A New Workforce

SuccessFactors

Let’s examine a new report that sheds some light on exactly why that is—and what you can do to keep millennial employees working for you longer. If you’re a business owner, consider putting four of your millennial employees in a room. No, not communicate—I would say “engage.”

Turnover Taking Its Toll? Consider These Strategies for Securing Top Talent

FlashPoint

Turnover is a profit killer, so of course you want to minimize it. Focus instead on becoming a magnet for top talent. If you build a company that attracts and retains the best people, you’ll solve the turnover issue. Survey your employees: “Why do you work here?”

How Companies Can Effectively Build Their Leadership Pipelines

SuccessFactors

In its 2014 Global Human Capital Trends report , Deloitte found that 86 percent of businesses believe they do not have an adequate leadership pipeline, and 79 percent believe they have a significant retention and engagement problem. Attracting talent begins at a cultural level.

10 Reasons Why You Should Be Training Your Managers

Everwise

Managers are responsible for everything from goal setting to motivating employees, to making the company run smoothly. It’s important to ensure that your managers have the tools to keep your employees engaged, inspired and happy. Some of these tools include the ability to focus on their employees’ strengths, knowing how to curb employee turnover rates, and providing proper support to their teams. employees and HR leaders surveyed, nearly 1/3 of U.S.

How Personalized Training Has Been Helping Call Centers Win Customers’ Hearts

Rallyware

Still, the prevailing majority of call centers experience the urgent need to decrease turnover rates, transit to a broader mix of channels, and facilitate interactions with customers through self-service tools. High turnover is still a call center’s #1 challenge.

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

While it might seem challenging, learning how to manage Big Data is crucial for any HR department that wants to develop and advance. They can also learn how to better distribute their resources and find employees with better skill sets. Talent forecasting.

Data 70

Onboarding: Your Upfront Investment in Employee Performance

Everwise

In today’s increasingly competitive talent market , what if there was a way to improve retention of top employees? To make them more engaged in their work? Better Retention. It’s an ongoing talent strategy.”. Talent Development onboarding Team development

The #1 Reason People Leave A Job Might Surprise You

SuccessFactors

Do you know the number-one reason employees leave a job? Multiple surveys have confirmed a manager can make or break an employee’s experience. A study by employee engagement firm TinyPulse identified various behaviors impact retention, such as micromanagement and a lack of opportunities for development. Gallup found “at least 75 percent of the reasons for voluntary turnover can be influenced by managers.”.

Discovering Holistic Human Resources For A Better Workplace In 2016

SuccessFactors

Excellent benefits can attract employees, but that magnet only works over the longer term if they know how to use them. Active support can make all the difference between an employee who’s disengaged, happy to maintain the status quo, or ready to drive company growth and success.

Prove the ROI of Your Organization’s Learning Program

Everwise

With the ever-increasing pace of work, taking a step back to focus on employee development can feel challenging. As a result, employees often lack the opportunity or tools to grow within their companies. This helps employees develop the competencies they’ll need in future roles.

The Manager’s Guide To Developing A Growth Mindset

SuccessFactors

A dramatic shift in the job market has led many companies to turn to feedback to improve employee retention rates. Unlike in the past, employees are feeling less tied to company loyalty and freer to take on new opportunities. Employee turnover can result in major costs for your company, and significantly impact company morale. As companies focus more on trying to reverse this trend, feedback has emerged as a way to better engage employees.

4 Ways To Capitalize On Employee Strengths

SuccessFactors

You can pay me a whole bunch of money, but if my heart’s not in the work, I’m just not going to care about it for very long (businessperson translation: retention problems, excessive turnover, ballooning talent acquisition costs, etc.).” Observe employees’ strengths. Encourage employees to share their strengths. What I am suggesting is some strategic encouragement by leaders to employees to speak up and act on their strengths.

How to Retain the Top Talent on Your Team

Reflektive

Whether it’s a contract extension, more money, or hiring new coaches or management, the team doesn’t want to let its best talent leave for a different team. Start thinking of your top employees in the same way. The Cost of Losing Top Talent. On average, it costs 150% of an employee’s annual salary to replace him or her. And that cost can be as high as 400%, depending on the employee’s performance level. Replacing top talent doesn’t happen overnight.

4 Ways To Capitalize On Employee Strengths

SuccessFactors

You can pay me a whole bunch of money, but if my heart’s not in the work, I’m just not going to care about it for very long (businessperson translation: retention problems, excessive turnover, ballooning talent acquisition costs, etc.).” Observe employees’ strengths. Encourage employees to share their strengths. What I am suggesting is some strategic encouragement by leaders to employees to speak up and act on their strengths.

Strategic onboarding

Bersin with Deloitte

An effective new-hire experience can contribute to an employee’s productivity and create value for the organization. Studies show that effective onboarding can improve retention rates by 52 percent, time to productivity by 60 percent, and overall customer satisfaction by 53 percent 1.

3 Strategies To Help HR Manage Morale When Employees Leave

SAP Innovation

That’s why it’s important for HR to have the tools to keep morale up when employees leave; otherwise, negativity can spread around the office quickly. Including employees in planning helps them feel involved, valued and heard when a coworker leaves. Breakups. Graduations. Funerals.

Is This Why Uber Can Hire Anyone It Wants?

SAP Innovation

Uber can get any top talent it wants. With reports that Uber poached 40 top-of-the-line robotics researchers from Carnegie Mellon’s National Robotics Engineering Center, completely decimating the center of its top talent, it looks like those marriage vows may be in the works.

Strategic onboarding

HR Times

An effective new-hire experience can contribute to an employee’s productivity and create value for the organization. Studies show that effective onboarding can improve retention rates by 52 percent, time to productivity by 60 percent, and overall customer satisfaction by 53 percent 1.

What Is Performance Management? 5 Reasons Why It Matters

SAP Innovation

Your business is growing fast, and it’s time to think about implementing or revamping your performance management process that will create an amazing employee experience and help drive your business forward. Your employees are your most valuable asset to help your business grow.

Becoming Simply Irresistible: Positive work environment

Bersin with Deloitte

Crafting the employee experience: An ongoing series. In our research we’ve developed a simple model that identifies four key elements of a positive work environment. 1 way leading organizations improve employee engagement is through employee-recognition programs.

How Insurance Companies are Safeguarding Their Competitiveness

Rallyware

The insurance industry heavily relies on employee expertise. Unfortunately, only a third of insurance companies believe their employees are ready with the skills required to keep up with competitors and meet growing consumer demands. Taking care of your employees’ learning and development means you secure your company and make your customers happy and satisfied. Key points for insurance companies to attract, retain, and develop talent.

5 Reasons Your Business Needs Performance Management

SAP Innovation

Your business is growing fast, and it’s time to think about implementing or revamping your performance management process that will create an amazing employee experience and help drive your business forward. Your employees are your most valuable asset to help your business grow.

3 Performance Indicators That Will Make Or Break Your Company

SAP Innovation

In terms of employee performance these are often quantified using output-related measurements. Eventually, quality and customer satisfaction can become compromised and employee motivation drops. Why employee-centered indicators are so important.

Becoming Simply Irresistible: Positive work environment

HR Times

Crafting the employee experience: An ongoing series. In our research we’ve developed a simple model that identifies four key elements of a positive work environment. 1 way leading organizations improve employee engagement is through employee-recognition programs.