Employees who switched companies used to earn roughly 10 to 20 percent more than those who stayed with one company. Not anymore. The median pay increase for workers switching jobs sank substantially to 4.8 percent last month from a high…
Category: employee turnover
The surprising reasons why employees quit
New research based on 15 years of studying the behavior patterns of more than a thousand job switchers at varying job levels and career stages has identified the dominant reasons why employees quit their jobs. The answer isn’t compensation and…
Recognition is the remedy for undervalued employees
Unfortunately, many employees do not feel valued at work. As reported by Forbes, a survey of more than 1,000 full-time employees in the US found that more than half of respondents felt only somewhat valued (46.6 percent) or not valued…
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Rebuild HR says landmark study
In a recent landmark Harvard Business Review article, Peter Cappelli and Ranya Nehmeh advocate for HR returning to its roots as the advocates for employees and their career development. The current business focus on relentless cost-cutting and restructuring during a…
Positive organization cultures lead to more satisfied employees—and more
Employees who work in organizations with a positive culture are overwhelmingly more satisfied at work and are consistently more committed to their organizations. That was the conclusion of a recent workplace culture study by the Society of Human Resources (SHRM)…
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Stay ahead of labor force trends by improving your organizational culture
Last week, there was an explosion of news about the labor force that rocked the stock market. The big surprise was that hiring was significantly higher than expected. There was some good news: hiring was lower than in April by…
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How to ensure high returns for 2023
Executives are in a quandary. The economy is growing but the Federal Reserve is determined to reduce inflation to two percent. With US workers in short supply, it is not wise to lay off this precious resource unless your business…
Don’t overreact to “quiet quitting”
After two years of burnout from Covid-19, Gen Z employees have begun to set boundaries, focus on a life outside of work, and have a better work-life balance. They call it “quiet quitting.” Their viewpoint also comes with less enthusiasm…
Your corporate culture may be the No. 1 cause of employee turnover
Only 12 percent of HR respondents have a regular cultural assessment strategy for assuring their workplace culture stays on track, according to a 2021 Talent Management State of the Industry survey. This result is extraordinary because having a toxic work culture…
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Professionals cite key trends for HR in 2022
In a 2022 report on HR Trends, Trust Radius has concluded that most HR professionals are pleased with the success of remote work implementation and employee wellbeing. But, at the same time, HR professionals have been challenged and exhausted by…