Personal Reasons and Compensation Rank as Top Turnover Causes

A recent U.S. analysis on the top reasons why employees leave companies points to compensation as the No. 2 reason, preceded only by “personal reasons/life changes.” Perhaps most striking was the differing perceptions about fair pay. Although 73% of employers…

Does Demographic Diversity Lead to More Innovation?

Does demographic diversity lead to more innovation, or is it just so much talk? In my own experience, the answer is yes, especially when organizations have educational, business professional, and cultural diversity. Successful demographic diversity requires that management spend more…

Three Lessons to Learn from the Zenefits Scandal…

During the past week, Zenefits’ founder and CEO, Conrad Parker, resigned over a breaking scandal that Zenefits had hired benefits brokers who were not licensed to sell Zenefits’ services in Washington State and other jurisdictions. And worse, that Zenefits had…

The Often Ignored Importance of Getting Pay Right!

I had just finished building a great team of recruiters and sourcers, refined our branding and social marketing, and trained management on the new applicant tracking system. We were ready to shift into high gear for serious recruiting to add…

Traditional diversity initiatives haven’t moved the needle. These seven strategies will…

When I began consulting, a human resources leader called me from a successful, innovative San Francisco biotech company to discuss diversity: “We haven’t moved the needle. We are looking for solutions that work.” I told him he was not alone. …

Will Perks and Wellness Benefits Alone Enable You to Compete in a Tight Labor Market?

A recent survey from Robert Half shows that while Chief Financial Officers want to expand health and wellness benefits, employees prefer additional vacation days, telecommuting options, and non-traditional work hours[i]. CFOs and employees do agree, however, on the popularity of…

The key to retaining employees is in making the talent management pivot!

Wharton professor Peter Cappelli observes that the staffing of human resources departments is cyclical[i] - staffing goes up in expanding economies and down during recessions. Unfortunately, when human resource staffs are cut back during recessions, businesses lose their talent management…

Human capital plans go a long way toward improving business strategy success!

At a recent workshop on strategic human resources, an attendee asked “How do you prepare a human capital plan?” It’s a timely topic, since Q4 is often when annual plans and strategic plans are written for the following business year…