Are Employees Quitting Because of Pay?
The data doesn’t tell us why people quit, just that they quit. Making this worse, the labor market is still down five million jobs since before the pandemic.
Forbes Agrees With Our Referral Approach
As I've shared in two recent articles, most employees won’t care about your referral program if you don’t pay out a significant chunk the day the referred employee starts – and Forbes agrees.
Seven Proofs and A Free Offer
The science shows that helping managers solve turnover is equally as important as recruiting new hires, and at a time when the number of open positions AND the number of employees quitting across our country has never been higher.
The Right Way Vs Wrong Way to Do Stay Interviews
Last week I had three separate meetings with organizations that said they had conducted Stay Interviews but turnover and engagement had remained the same…no improvement. I learned next, though, that the Stay Interviews they had implemented were not the proven approach with Stay Interviews that we provide to our clients…and not a form of Stay Interviews that is based on research.
A Smart Approach to Increasing Employee Referrals
Pay at least half of the total reward to the referring employee on day one, especially if that employee is paid by the hour. Otherwise your referral program begins with a fatal flaw…at a time when you’ve never needed employee referrals more.
How Does the Cost of Turnover Impact Employee Referrals?
Employee referrals are four times more likely to be hired, save companies over $7,500 per hire, perform their jobs better than their peer employees…and most importantly for our purposes, stay longer. What’s not to like?
Report: Are Work-From-Home Employees Invisible?
The combination of many employees working from home plus our trudging through the highest period of quits in history has led to this outcome: A high number of employees have joined and left companies without ever meeting another employee in person.
#SHRM21 Preview: Managers’ Roles With Turnover
I’m looking forward to speaking at the SHRM21 annual conference in Las Vegas next week, and while I speak at the conference each year, this year I have been asked to prove that managers cause turnover and disengagement rather than HR. Here is a preview of my Mega Session.
Want to Increase Expensive Turnover? Try This
Google has announced they will reduce pay for those employees who have chosen to work permanently from home if their remote location has “lower labor costs than where their former offices are located”. In other words, Google will permit me to continue working for them remotely if I take a pay cut.
Executive Special: 5 Workforce Facts for Your C-Suite
This is your one-page guide to bring your executives and managers into the real world of recruiting and retaining now, so their expectations are real and they develop more patience for your work.