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Concern over employee retention has increased sharply in the US — where unemployment is now below 4% — but, also, around the world. A 2017 study by Towers Watson uncovered that more than 50% of all organizations globally struggle to retain their most valuable employees.[i] More than 80% of HR leaders believe improving retention is… Read More
“She is a good candidate, but I want to bring her in at 75% of our market value. That salary will give her a 12% increase, and it saves my budget. She will take it.” “Not so fast. Our minimum is 90% of market value.” After reviewing the resume, application and interview notes for this… Read More
Many CEOs will tell you that their workforce is their strongest asset. They write mission statements and hang their carefully crafted values on the walls of their entrance lobbies and conference rooms. They profess their commitment to hiring the best employees and offering them great careers. While all this may be great, it’s often just… Read More
The top strategies to improve retention will probably astonish you. More and more companies are struggling with employee retention in the face of an eight-year recovery, low unemployment, and labor shortages. Human Resources can drive company value by implementing retention strategies. First, understand that employee retention requires a talent mindset and takes a comprehensive approach.… Read More
