Do you have a rewards or recognition program in place at your company? Incentives and recognition are important for many reasons, employee retention included. But why are recognition and rewards so important? What might powerful incentives look like, and how can you go about implementing an official program in your organization? Keep reading to find… Read More »
A bad hire can spell disaster for your company. The financial impact can be significant – it’s estimated that a single bad hire can cause your company to lose 30% or more of the individual’s expected first-year earnings. And it’s not just about money. The drain a bad hire puts on morale cannot be overlooked.… Read More »
You’ve gone through the entire recruitment process, from creating a job description and disseminating it, screening resumes, contacting candidates to set up interviews, performing multiple rounds of interviews, and negotiating an offer. You onboard your candidate. After they start, you discover they don’t have the skills to perform in the position. A week later, they’ve… Read More »
In today’s post-pandemic world, remote and hybrid work is more common than ever. And most job seekers are happy about that – added flexibility and work-life balance are some of the top perks today’s workforce desires, especially members of Generation Z. But another perk is still just as important for employee satisfaction and retention, perhaps… Read More »
Hiring a brand-new employee is one way to fill a vacancy within your organization. But it’s not the only way. There is also internal hiring; identifying someone who already works for your company that could fill that open job. Promoting from within has many benefits – and it also has its challenges. For most organizations,… Read More »
Employee retention is a challenge that nearly every business faces at one point or another. And because a high turnover rate can be very expensive – estimates put the cost of a bad hire at around 30% of the employee’s first-year earnings – you want to do all you can to shut that revolving door. … Read More »
A survey by Paychex revealed that over 40% of respondents are experiencing some combination of mental health, performance, and stress issues since the pandemic began. And while workplace stress was around long before the pandemic, things certainly haven’t improved since. Today, it’s more important than ever that professionals make their mental health and well-being a… Read More »
Remote work is more common than ever. And it offers many benefits to both employees and employers. Employees like the flexibility and control over their schedules that remote work provides. And employers benefit from remote work by having a more satisfied staff and saving money on on-site costs like office expenses and utility bills. However,… Read More »
When you have an open job at your organization, it can sometimes feel like speed is the most important thing. Getting that role filled fast means you won’t get behind on work deadlines, your team won’t be disrupted, and your clients will remain pleased. And while that’s all true, there’s also something to be said… Read More »
Are you a busy hiring manager? It can often feel like you simply don’t have enough hours in the day to focus on everything that goes into hiring – sourcing, screening, setting up interviews, checking references, and much more – all while balancing your other day-to-day responsibilities. And while there’s no magic “easy button,” there… Read More »