Articles

Should Referral Rewards Correlate to the Cost of Talent Turnover?

referral employee fist bump new hire

Losing one technician for a month results in lost revenue greater than $60,000. So a client implemented a program where technicians earn double referral payouts after five new hire referrals because the net is significantly less than the $60,000 lost revenue per opening. By linking referral payouts to the actual cost of turnover, executives recognize that investing in employee referrals is a cost-effective way to reduce vacancies and minimize revenue loss.

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Why Employee Surveys Fail to Truly Boost Engagement

Why Employee Surveys Fail to Truly Boost Engagement

Employee engagement strategies often fail due to over-reliance on surveys which many employees distrust. The key to success is recognizing that engagement goes beyond a simple survey score and ensuring executives and managers view engagement and retention as critical metrics that influence overall operational performance, especially through strong leader-employee relationships.

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Is Amazon’s Return-to-Office Bellwether for WFH’s Future?

Amazon’s Return-to-Office Bellwether for WFH’s Future

Monday, Amazon CEO Andy Jassy sent a memo to employees outlining several cultural and operational changes including mandating a full return to the office at the start of 2025. For many future years we will read reports and say, “The pandemic caused that” and at top of the list is the work-from-home (WFH) phenomena that today has led to an increased level of tension between employees who have embraced it and employers, like Amazon, who are over it.

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What’s a Direct Route to Distinguishing Your Culture?

Difference in cultures

Making the connection between culture and people is every company’s objective, as every company wants a good one. According to Harvard Business Review, 89% of companies want a culture of productivity and collaboration. So if our culture is 89% similar to so many others, how do we distinguish ourselves when hiring, engaging, and retaining the very best talent?

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Retention Tops CEOs’ Concerns that HR Needs to Solve

Retention Tops CEOs' Concerns that HR Needs to Solve

Human Resources work is now, more than ever, the most important work. We are in the bullseye of turnover, engagement, retention, and recruiting challenges with no end in sight. A recent study reveals that the top assignment from CEOs to HR is improving retention. I know you accept this challenge/opportunity/burden, but how are you going to make it happen?

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Requiem: The End of Exit Interviews

End of Exit Interviews

While exit surveys bring a concept that at first glance should be helpful to our overall retention quest, the combination of poor survey design, minimal truth-telling, and the absence of constructive follow-up all dilute their value. You should be asking “Why do you stay?” versus “Why are you leaving?” to get better employee retention data for your company.

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Want to Implement Stay Interviews Internally? Join Me at Disney

Implement Stay Interviews Internally

Each week I present here the absolute best information and solutions to implement Stay Interviews and cut employee turnover. But today, I want to invite you to spend a few days in Florida learning it all such that you could return home to MAKE IT HAPPEN…to not only reduce turnover but also slash open jobs, make real employee engagement happen, and improve productivity across your company.

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Five Ideas for Retaining Your Young Workers

Five Ideas for Retaining Your Young Workers

Recent surveys say these are the at-work values young workers hold most dear: Mobility, entrepreneurial freedom, and flexibility. Lock these key employee retention words into your brain, make them pop up on your computer screen first thing each morning because 53% of your Gen Z and millennials will consider leaving this year.

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