Employee Retention Archives - Page 8 of 13

Wall Street Journal Report Sabotages Employee Retention Accountability

May 16, 2022
Richard Finnegan
Articles

Believing hiring a Chief Happiness Officer will improve turnover, or relying on any of the other seven most-used programs noted here, ignores the science that says the #1 reason employees stay or leave is how much they trust their supervisor.

For Employee Retention Career Development is Out, Learning is In

Learning is alive, it’s current, it’s fresh and stimulates the mind to want to learn more. First-line supervisors are using Question 2 of the Stay Interview 5 as a practical approach to discovering what each employee wants to learn instead of jumping straight to a career development plan.

Employee Retention Strategy: Coach Your Managers

April 25, 2022
Richard Finnegan
Articles

It’s easy to agree that supervisors are the primary stay/leave switch for retaining or losing employees. An eye-opening exercise is to list all employee retention strategies and then check which items include improving your supervisors.

Five Steps to Gen Z & Millennial Employee Retention

April 17, 2022
Richard Finnegan
Articles

Recent survey says these are the at-work values young workers hold most dear: Flexibility, mobility, entrepreneurial freedom. 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.

Inflation and “The Great Resignation”

March 28, 2022
Richard Finnegan
Articles

A new report indicates that the inflation impacting all consumers, all businesses, and threatening politicians’ careers across the U.S. and the can’t-be-avoided domestic news topic of “The Great Resignation” are directly connected.

Job Level Turnover, “The Great Resignation” Surprise

March 21, 2022
Richard Finnegan
Articles

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 with an Uber application. While true, two new reports throw a heavy wrench into the assumption the majority of quits are entry-level workers.

The Real Secret to Cutting Turnover Is…

March 8, 2022
Richard Finnegan
Articles

Stay Interviews are the rock for employee retention and provides the fuel for building trust. But Stay Interviews need data-driven components to measure success and see real turnover results.

Job Requirements VS “The Great Resignation”

March 1, 2022
Richard Finnegan
Articles

Never in our history has HR had more opportunity to contribute to productivity. If your CEO is joining others saying attracting and retaining talent is a top challenge for 2022, every potential solution, conventional or not, must be on your list.

MIT says “Toxic Culture” driving “The Great Resignation”

January 25, 2022
Richard Finnegan
Articles

MIT researchers shared a new study that presents a different perspective regarding why employees are quitting their jobs in droves, and the number one reason is “toxic corporate culture”. “Toxic corporate culture” is comprised of three distinct categories and the MIT research tells us “toxic corporate culture” is…wait for it…10 times more important than compensation in predicting turnover.

10 Reasons “The Great Resignation” is the New Normal

January 18, 2022
Richard Finnegan
Articles

We are now firmly in the midst of “The Great Resignation”, and the number of monthly quits have consistently exceeded their all-time highs. This gloomy picture would be incomplete, though, without looking beyond today, wondering how long the workforce clouds will stay dark. There are at least 10 reasons that forecast "The Great Resignation" as the new normal.