Articles Archives - Page 6 of 19

Why 80% of Quitters Regret Quitting

March 21, 2023
Richard Finnegan
Articles

A Paychex study tells us 80% of those who changed jobs during “The Great Resignation” have regrets and wish they hadn’t walked out on their original jobs. Let’s extrapolate that over the more than 97 million quitters from 2021-2022. That’s 77.6 million people who regret quitting their job. Let that sink in.

This HBR Report On Turnover Tells the Hard Truth

March 13, 2023
Richard Finnegan
Articles

The Harvard Business Review has a reputation as the leading deep-thinking research publication for organizations to reach their highest performance levels. A recent report certainly meets that standard and provides one key retention instruction for executives of all industries.

Do Managers Create as Much Stress as Spouses?

March 7, 2023
Richard Finnegan
Articles

The answer is “yes”, according to a new SHRM study that covers the overall impact of managers on employees’ mental health.

Is Recruiting Today a Doom Loop for Tomorrow’s Turnover?

February 28, 2023
Richard Finnegan
Articles

What is the best two-word description for recruiting today? Doom Loop “a painful cycle of decline”. The recruiting doom loop can be overcome with proven smart retention practices.

CVS Waives the White Flag on Turnover

February 21, 2023
Richard Finnegan
Articles

Pharmacist Waives the White Flag on Turnover

CVS and Walmart announced last week they would cut pharmacy hours “in the midst of a pharmacist shortage.” There is a “canary in the coal mine” situation happening here.

The Day “The Great Resignation” Conquered The 2023 Recession

February 14, 2023
Richard Finnegan
Articles

It’s all about workforce numbers and the statistics all point to the same thing - the unprecedented force of “The Great Resignation” has soundly defeated the predicted recession.

Exit Interviews – More Like Autopsies or Toe Tags?

February 7, 2023
Richard Finnegan
Articles

Exit interviews are often constructed so poorly that the most common leave reason is “better opportunity”. How can HR possibly quantify what “better opportunity” means? Perhaps managers should be asking their current employees why they stay.

Supervisory Training’s Missing Piece: Practice

January 31, 2023
Richard Finnegan
Articles

Choose any one of the hot current supervisory training programs and you’ll find they all hit the wall in day-to-day use due to a very easy-to-grasp reason; because we ask the attending supervisors to be reactive vs proactive, that “the next time this circumstance happens, do this”.

How a Governor’s Law Could Improve Recruiting and Retention

January 23, 2023
Richard Finnegan
Articles

Pennsylvania Governor’s Law Improves Recruiting and Retention

On his first day in office, Governor Josh Shapiro of Pennsylvania signed into law that 92% of state jobs will no longer require a college degree. Implementing the “Pennsylvania plan” helps improve recruiting and retention efforts through the change of developing careful language and screening processes to match candidates with real job qualifications.

Why “Lost Productivity” Is the Highest Turnover Cost

January 17, 2023
Richard Finnegan
Articles

This discussion should be especially interesting for anyone charged with reducing turnover. First, We Should be Calculating Turnover as Dollars Not Percentages Our company’s Finnegan’s Arrow model is the spine…