Richard Finnegan

This author has written 234 articles

Pay or Disrespect – What Drives High Performer Turnover?

Pay or Disrespect – What Drives High Performer Turnover
A recent Harvard Business Review article provided convincing data that top performers are the first to quit when new hires are getting paid more than they are. Overall salaries are projected to increase another 4% this year, causing even more salary compression. And importantly, the increase in online-everything makes it far easier for employees to know how much peer employees are getting paid…especially new hires whose pay is blasted across Indeed and other hiring sources. So yes, everyone knows.
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How Employee Turnover Is Like Losing a Marriage

How Employee Turnover Is Like Losing a Marriage
“The things that destroy love and marriage often disguise themselves as unimportant. They’re not bombs and gunshots. They’re pinpricks. They’re paper cuts.” The common thinking about why employees quit is usually pay, benefits, career paths, and other broad one-size-fits-all expressions. The reality though is that many employees are quitting their jobs today because of the hundreds of paper cuts by their direct supervisors.
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What 60 MINUTES Got Wrong About WFH Commercial Real Estate Crisis

What 60 MINUTES Got Wrong About WFH Commercial Real Estate Crisis
60 MINUTES did a deep dive into the pending commercial real estate crisis connected to work from home and the “stalled out” return-to-office movement. The wrong part of the report is that the pandemic is the root cause of this coming economic catastrophe. While the pandemic sparked it, the real cause is that today, CEOs cannot demand return-to-office because current workforce shortages give employees unprecedented power to say “no”.
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Young Workers, “Grit”, and New-Hire Turnover

Young Workers, “Grit”, and New-Hire Turnover
Today is prime time for learning how to measure our applicants’ levels of grit…defined as passion and perseverance…because we are hiring so many of them. Assuming grit and engagement are workplace cousins, key words “finish”, “setbacks”, “diligent”, and “overcome” provide a good start to help structure the best interview questions to measure levels of grit in your applicants.
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