Employee Retention Archives - Page 4 of 13

Yes or No: Do Engagement Surveys Cut Turnover?

October 23, 2023
Richard Finnegan
Articles

Here’s what’s true: Higher engagement leads to lower turnover. But does conducting more surveys lead to higher employee engagement? Today I’m diving deeper into my research from one of my books to address the question.

Why Stay Interviews Q2 is “What Are You Learning Here?”

October 17, 2023
Richard Finnegan
Articles

Why is Q2 “What are you learning here? And what do you want to learn?” Because Q2 is the low-hanging-fruit way for supervisors to identify how they can add one additional brick to the foundation of building trust with each member of their teams.

When Non-HR Executives Ask About Turnover…

October 10, 2023
Richard Finnegan
Articles

Sitting in a top management meeting, “turnover” comes up, and all eyes become focused on the HR Director. The forever-assumption has been that HR is about people and turnover is about people too, so HR should therefore solve turnover. So what should HR say when all eyes turn to them?

“The Great Resignation” Surprise – It’s Not Entry-Level Workers

September 19, 2023
Richard Finnegan
Articles

Entry-level workers not quitting during TGR

The common belief is that the employees quitting during “The Great Resignation” are young and don’t make much money, so replacing their meager incomes is easily done. Two reports throw a heavy wrench into the assumption that the majority of quits are entry-level workers.

Quiet Quitting is Really a Retention Opportunity

September 12, 2023
CJ Higginbotham
Articles

We believe a good retention strategy moves you past lamenting about Quiet Quitters and keeps the focus on the opportunity to retain your best workers.

Seven Proofs Managers Drive Retention, Not HR

August 29, 2023
Richard Finnegan
Articles

Two years ago, at SHRM21, I gave a presentation called Seven Proofs That Managers Drive Engagement & Retention, Not HR. It was clear then that there was a disconnect between what research tells us and what we do to improve retention. I’m revisiting my notes from that event to see how far retention efforts have come in two years.

Gallagher Reports #1 Workforce Priority is Still Turnover

August 21, 2023
Richard Finnegan
Articles

The highly-respected Gallagher 2023 Workforce Trends Report survey of 4,000+ organizations says that employee retention remains priority #1. Not only did 66% of HR executives say so, but more than half of operations executives did as well. So businesses who must get product out the door now see turnover as their main obstacle, just as nurse turnover drives patient-care shortcomings and ever-increasing agency costs.

How To Make Four-Day Workweeks Work…And Cut Turnover

July 31, 2023
Richard Finnegan
Articles

Four-day workweeks feel trendy, almost fad-like, but data shows its popular with employees. On the company side, data suggests work satisfaction and productivity is up, recruiting is easier…and turnover is down. And during these days of extreme workforce shortages, every company is seeking a recruiting edge. Could this be “it”?

Older Workforce Part II: Confession of Someone Who Could Retire

July 24, 2023
Richard Finnegan
Articles

Older Workers Really Do Want to Go to Work

The Wall Street Journal recently did a deep dive into the benefits of hiring older workers as right now people 55 and older are the fastest-growing segment of our workforce according to federal data. WSJ went on to profile older workers on why they are choosing to keep working.

Which Generation Has Fastest-Growing Workforce?

July 17, 2023
Richard Finnegan
Articles

Right now, people 55 and older are the fastest-growing segment of our workforce according to federal data. We should leave past assumptions and biases behind us, like everyone quits at 65, and focus on this recruiting opportunity, whereby some of the very best workers are in fact coming back to the workforce and are available to us.