Did You Know the Reservation Wage is Now $61,500?
I’m a workaholic…meaning I study work…so come join me if reservation wage is a new term for you. It’s new to me, too.
A One-Of-A-Kind Exit Interview That Works
I wrote here a few weeks ago that exit interviews were the same as toe tags, that whereas autopsies tell reasons why an event happened that exit interviews don’t give us a reason why because of many reasons…including employees don’t tell the truth.
The Best 2-Word Description for Recruiting Today
Consider “too many openings”, “too few candidates”, or perhaps “applicants too picky”…but the best description I heard came from a CEO of a manufacturing company who said this about today’s recruiting: Doom Loop…defined by Jim Collins in Good to Great as “a painful cycle of decline”.
There Is Finally A Real Engagement & Retention Solution
If I asked SHRM why engagement and retention are not on their list, I suspect they would tell me the primary tools for engagement and retention are surveys and SHRM has stayed away from the survey business.
Are Exit Interviews More Like Autopsies or Toe Tags?
Exit interviews have the appearance of leading to a solution because logically if we know why employees leave and we can fix that, then we can cut turnover and employees will stay. That logic breaks down, though, in practice.
How Can Unemployment Be 6.1% When “Help Wanted” Signs Are Everywhere?
Let’s start with the common belief that workers are collecting unemployment, waiting until September, and are receiving more than they were earning in their prior jobs. “Not so fast, my friend” is one college football commentator’s catchphrase for disagreeing with his Saturday morning colleagues…
Think It’s Hard to Find An Electrician Now? Just Wait.
Rebuilding our infrastructure is just a matter of time, measured in months. I wonder, though, if anyone in Washington is wondering where the needed workers will come from because I can’t find an electrician now. But “The American Jobs Plan” is about more than electricians. It’s about 19 million Americans with various work histories getting new jobs.
Alarming Realities Regarding Employee Engagement
How hard is it to understand that employees do want recognition, communication, and career coaching…but they want it from their boss? Yet we persist to believe one-size-fits-all programs are worthy substitutes for our managers performing their jobs. So there is no mystery why employee engagement has been stuck for 20 years.
What’s Right…and Wrong…About SHRM’s Monday Report on Upcoming Turnover
In their weekly member newsletter yesterday, SHRM predicted a turnover “tsunami” once the pandemic ends, re-surfacing that employee retention is at major risk regardless of today’s unemployment rate.
Social Awareness Has Led to Hiring More Black Workers. How Do We Keep Them?
The best and most comprehensive study on how U.S. companies are doing, specifically with retaining and advancing Black workers, was recently released. And the outcome says we have work to do.