Articles Archives - Page 9 of 21

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…

7 Employee Retention Resolutions for 2023

January 10, 2023
Richard Finnegan
Articles

What should every company resolve to do in order to cut turnover during this shiny new year? Here are seven suggestions that you should be considering.

My First Example of Why Building Trust Matters

December 19, 2022
Richard Finnegan
Articles

My First Example for Why Building Trust Matters

I write and speak about building trust a lot. And while data makes clear the number one reason employees stay or leave is how much they trust their boss. I learned all I needed to know about building trust from my “first boss” Bob Bowen.

How Much Can Pay Fix Turnover?

December 6, 2022
Richard Finnegan
Articles

Companies that believe retention is based on pay, benefits, or any other traditional reason are dogs chasing their tails. They will never out-pay their competition for talent…but they will irritate and lose top performers by constantly raising starting pay without addressing pay compression for others.

I’m Thankful for This One Career-Changing Day

November 22, 2022
Richard Finnegan
Articles

This story is the genesis of my completely re-directing my career by taking one idea…how to cut turnover…and launching my second-half entrepreneurial work life.

Last Thursday and Retention Accountabilities

November 15, 2022
Richard Finnegan
Articles

Two things happened last Thursday that will juice anyone’s interest in cutting employee turnover…and both were about getting c-suite executives to support moving retention accountability out of HR to the frontline managers where it belongs.

Would a Recession End “The Great Resignation?”

November 8, 2022
Richard Finnegan
Articles

For those of us who study workforce data and those who live with the results of workforce shortages, the question is, “Would a recession bring with it a silver lining by realigning our number of workers with our number of open jobs?”

What Did My SHRM22 Speaker Scores Say About Retention?

November 1, 2022
Richard Finnegan
Articles

The feedback from my SHRM22 Annual Conference concurrent session tells me participants were starving for real retention solutions, at a time when all U.S. companies were facing 11 million open jobs and 3.5% unemployment.

Clifton Says Team Leaders Drive Retention Success

October 25, 2022
Richard Finnegan
Articles

Jim Clifton is CEO of Gallup one of his book’s contains a most interesting subtitle that uses the phrase, “team leaders.” Jim’s use here is very purposeful, as he makes clear in the book, and from work we’ve done, I can tell you organizations that leverage team leaders cut turnover by greater than 30%.