The Mentoring Connection for Talent Retention
To reduce turnover and retain the talent you worked hard to attract in the first place, try boosting your onboarding program with a dose of mentoring.
The first weeks are a make or break moment for your new hire. It's the time that most employees decide to stay or go. In fact, according to research from The Wynhurst Group, "22% of staff turnover occurs in the first 45 days of employment, and the cost of losing an employee in the first year is estimated to be at least 3 times salary." The data is convincing.
The onboarding experience is your chance to make a good impression with a warm welcome and solid footing into the organizational culture. It's also an opportunity to provide a solid foundation for career success. Incorporating mentoring into your onboarding program is an excellent way to fill the gaps that a typical orientation doesn't cover. A successful program goes beyond the understanding of how to complete timesheets and filling out benefit forms. Read more.
Reclaim Your Company's Soul in 2014
Has the soul of your company been shattered by excessive competition, lack of direction, and/or poor communication?
Has the mission statement you framed and strategically placed in the lobby been stared down by so many disgruntled employees it now looks like a slice of Swiss cheese?
If you answered "yes" to either of these questions, it's time to remember what matters most – your employees. By now, we've all heard the reports that happy employees are productive employees. So what are you doing to create a balanced work environment where your employees can thrive? Creating a culture where employees want to do great work is critical. If you're a little off track, here are four ways to help you create a cultural shift that will save your company's soul. Read on.
Training and Development Trends for 2014
What human capital development trends do you see in 2014?
As many HR professionals know, finding the right talent and leadership for their organization is a major business challenge. A 2013 Deloitte Conference Board survey of CEOs found that "human capital" is the top challenge they face in their businesses — rated more than 10% higher than "operational excellence." And, although there are many factors leading to the lack of qualified workers, business leaders agree that our educational system has not been able to keep up with their demands.
Many college graduates do not possess the entry level skills they need to start work without training. Another issue we are faced with is the drop in the U.S. birthrate (which has dropped well below the rate needed to maintain our replacement rate). The United States is also becoming an "older" country, which brings with it all the challenges of high spending on entitlements, reduced economic growth, and the need to quickly improve our immigration policy. While these issues are discussed at a national level, what can we as HR and business managers do?
One suggestion is simple — we have to think like economists. Read on.
Happy New Year – Now Don't Let The Ball Drop
Ryan Seacrest paid homage again to Dick Clark. The latest musical crazes performed live from hot spots around the globe. Miley Cyrus thinks we're still interested (for those who were at some point). They all helped us and our family and friends escort out a very fast 2013 last Tuesday night. Then what?
The same conversations each 12:01 am on January 1st. People talking weight loss for the new year, being nicer to strangers, exercising with greater frequency. I spent Tuesday night watching the Waterford Crystal ball drop thinking two things: First, I'll deal with weight loss in 2015. But second, what can I do to improve global awareness of social media and employment law issues? So to begin that (latter) effort, I offer the following four resolutions for your company to consider as we begin 2014: Read on.
Avoiding Pitfalls of Severance Agreements
As a business owner, it is inevitable that there will come a time when, for some reason or another, you will need to terminate an employee. In many circumstances an employer will use a severance agreement to obtain a release for any potential liability under which a severance amount will be paid. As with many employee-employer issues, there are certain potential pitfalls that surround severance agreements that an employer needs to take into consideration when offering severance. Read more
> FEATURE ARTICLE
The Mentoring Connection
for Talent Retention
> TIP OF THE MONTH
Reclaim Your Company's
Soul in 2014
> Q & A
Training and Development
> LEGAL UPDATES
Happy New Year
Don't Let The Ball Drop
Avoiding Pitfalls of
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