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		<title>Connecting Thanksgiving, Poverty, and Stopping Absences (2018)</title>
		<link>https://c-suiteanalytics.com/poverty-and-stopping-absences/</link>
		
		<dc:creator><![CDATA[Richard Finnegan]]></dc:creator>
		<pubDate>Mon, 03 Dec 2018 13:19:45 +0000</pubDate>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Employee Retention]]></category>
		<category><![CDATA[Employee Turnover]]></category>
		<category><![CDATA[Improve Retention]]></category>
		<category><![CDATA[Retention]]></category>
		<category><![CDATA[Turnover]]></category>
		<guid isPermaLink="false">http://c-suiteanalytics.com/?p=2366</guid>

					<description><![CDATA[<p>The post <a href="https://c-suiteanalytics.com/poverty-and-stopping-absences/">Connecting Thanksgiving, Poverty, and Stopping Absences (2018)</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
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			<p>I spent part of Thanksgiving reading about poverty, recognizing the irony when most of us are noting our abundances. My reasons were my natural interest stemming from an undergraduate degree in sociology, along with a specific drill-down on how can companies better retain employees who come from such rough, disadvantaged backgrounds.</p>
<p>I grew up in a run-down neighborhood on the north side of Pittsburgh, one that will never be confused with gentrification…ever. We were officially lower middle class, and my wonderful parents made sure we had all we needed, but little else. Kids only know their immediate surroundings, so we never knew what we didn’t have.</p>
<p>But this wasn’t poverty. In their book titled <em>Bridges Out of Poverty</em>, authors Payne, DeVol, and Smith define poverty as <em>“Extent to which an</em> <em>individual does without resources”.</em> They then list nine categories of resources that go way beyond money: <em>financial, emotional, mental, spiritual, physical, support systems, relationships/role models, knowledge of hidden rules, and coping strategies.</em></p>
<p>I kept searching for clues as to how a poverty-stricken person views work, clinging to the naïve notion that work = money = getting out of poverty, so therefore one would give all to their job as the ticket out. Then I read this:</p>
<p><em>Like many individuals who live in poverty, Sally doesn’t know the middle-class rules about not missing work or being late. She has brought her poverty-culture rules to work. They include relying on others to cover her workload while she takes care of her kids. The supervisor, operating from a middle-class orientation, is baffled by Sally’s chaotic lifestyle, a boyfriend whom Sally cannot rely upon, and the failure of Sally to find some consistent way to solve her childcare needs. Sally has held a number of jobs not the quality of this one. She never kept any of them very long. </em></p>
<p>So a big lesson for me is that a poverty-stricken person’s reality is worse than I thought, citing Sally’s lack of <em>support systems</em> and <em>knowledge of hidden rules</em>.</p>
<p>Our reality, though, is we face 3.7% national unemployment so many of us take chances on imperfect candidates hoping they are productive and stay. Our hearts hurt for people like Sally, yet our job requirements sometimes call more for rules than heart. While we cannot improve the lives of every Sally who comes looking for a job, we must recognize the only behaviors we can change are our own…so how can we do a better job of hiring and retaining poverty-stricken applicants like Sally?</p>
<p>Here are a few ideas, starting with pre-hire:</p>
<ol>
<li><strong>Make even more clear your attendance and tardiness policies</strong>; say them, hand them out in writing, tell how many employees you terminated in recent months because of these policies</li>
<li><strong>Tell a story about an ex-employee who tried but failed to meet these policies</strong> due to complex life issues, withholding the employee’s name but providing as many details as you can</li>
<li><strong>Make clear the procedure for notifying if one will be absent or late</strong>, saying that notifying is required versus being a no-call-no-show</li>
<li><strong>Ask if the candidate has transportation for work</strong>, and follow up on specifics she offers to ask if those methods are reliable</li>
<li><strong>Ask the candidate’s confidence on a scale of 1-10</strong> that she can achieve your attendance/tardiness policies for the first 90 days; ask her to remove herself from your applicant pool if she has any doubts she can get to work according to your requirements.</li>
</ol>
<p>Then after hire, coach newly-hired employees who miss work as you can now ask more detailed questions. With very supportive words and tones, ask about back-up childcare, back-up transportation, and probe for other problems that cause employees to miss work or show up late. Help them identify solutions they might not have discovered on their own.</p>
<p>None of these ideas guarantee your new hire will consistently show up, but this last idea might help the most: <strong>change your exit reason for new hires who violated your attendance policy from “attendance” to “attendance/bad hire”. </strong></p>
<p>I could offer many reasons why exit interviews are ineffective, and one of these is several exit reason categories provide no solutions and therefore no accountability. Think “better opportunity” as an example which provides no clear path for what could have been done to retain this employee, implying “we did the best we could”.</p>
<p>Changing “attendance” to “attendance/bad hire” makes clear that whoever was involved in the hiring decision took a bad risk. We should expect HR recruiters to screen for attendance with more detail than hiring managers…though some hiring managers might actually do better. Regardless, those who take risks based on a candidate’s past employment trends or answers to our questions are likely to think harder and decide better when they know they are accountable for the outcome.</p>
<p>Schedule a free one-on-one strategy session with our team and we will listen to your concerns, probe deeply to learn more about your workplace challenges and needs, and work together to find solutions to cut turnover and improve employee engagement. <a href="https://go.oncehub.com/TeamFinnegan" target="_blank" rel="noopener">https://go.oncehub.com/TeamFinnegan</a></p>

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</div><p>The post <a href="https://c-suiteanalytics.com/poverty-and-stopping-absences/">Connecting Thanksgiving, Poverty, and Stopping Absences (2018)</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
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		<title>The Missing $ Piece: How HR Can Ask Finance To Help With Cutting Turnover</title>
		<link>https://c-suiteanalytics.com/the-missing-cfo-piece/</link>
		
		<dc:creator><![CDATA[Richard Finnegan]]></dc:creator>
		<pubDate>Tue, 07 Aug 2018 17:34:06 +0000</pubDate>
				<category><![CDATA[Employee Turnover]]></category>
		<category><![CDATA[Employee Retention]]></category>
		<category><![CDATA[Improve Retention]]></category>
		<category><![CDATA[Turnover]]></category>
		<guid isPermaLink="false">http://c-suiteanalytics.com/?p=2004</guid>

					<description><![CDATA[<p>Few sentences produce more HR loneliness than the dreaded direction we receive after turnover or engagement reports are analyzed, specifically, “HR, go fix it”. One way to end that loneliness is to ask Finance to help with solutions, especially your CFO. CFO’s are great partners to find engagement and retention magic because they can tie&#8230;</p>
<p>The post <a href="https://c-suiteanalytics.com/the-missing-cfo-piece/">The Missing $ Piece: How HR Can Ask Finance To Help With Cutting Turnover</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Few sentences produce more HR loneliness than the dreaded direction we receive after turnover or engagement reports are analyzed, specifically, “HR, go fix it”. One way to end that loneliness is to ask Finance to help with solutions, especially your CFO.</p>
<p>CFO’s are great partners to find engagement and retention magic because they can tie those topics to dollars. And in many organizations calling attention to dollars makes the most impact. For many of us, our immediate and private response to “HR, go fix it” is concerns about the managers we work with each day who drive employees out or down, causing turnover to go up and engagement to slide. We grouse to ourselves about why executives can’t see that the problem is <em>there</em>, not <em>here</em>. Why don’t they act on those poor-performing leaders?</p>
<p>Engaging Finance into the fight can help you tie mangers’ engagement and retention results to dollars and bottom lines, the language of CEOs. Using turnover as our example, while percentages matter and benchmarks, too, in the eyes of some, once the CFO says, “Turnover is costing us $2.4 million dollars this year and going up. Let’s see which managers are costing us the most.” It changes the perception from <em>data </em>to<em> dollars</em> and from <em>low performance</em> managers to <em>costing us money</em> managers.</p>
<p>Take a low-ball estimate for each turnover loss, let’s say $4,000, and multiply it times the total number of employees who leave in a year. In a company of 500 employees with 25% turnover, that total reaches $500,000. CFOs will know where that fits on your overall list of expenses. I’m guessing no lower than third, maybe after salaries/benefits and cost of goods. But imagine the impact of saying, “If we cut just 5% off our 25% turnover rate it would add $100,000 back to our bottom line.”</p>
<p>Candidly, most CFOs bring power that HR can only dream of. Think megaphones versus microphones.&nbsp;If you really want to cut turnover, share this piece with your CFO. Ask your CFO to go to&nbsp;<a href="https://c-suiteanalytics.com/cost-calculator/">c-suiteanalytics.com/cost-calculator</a>&nbsp;and try our originally-invented and always-free Turnover Cost Calculator. I am copied on every entry and I commit to sending feedback as needed until your turnover cost outcome is right.</p>
<p>The post <a href="https://c-suiteanalytics.com/the-missing-cfo-piece/">The Missing $ Piece: How HR Can Ask Finance To Help With Cutting Turnover</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
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		<title>Can Stay Interviews Solve U.S. Military Turnover?</title>
		<link>https://c-suiteanalytics.com/can-stay-interviews-solve-u-s-military-turnover/</link>
		
		<dc:creator><![CDATA[Richard Finnegan]]></dc:creator>
		<pubDate>Tue, 11 Oct 2016 05:30:55 +0000</pubDate>
				<category><![CDATA[Articles on Stay Interviews]]></category>
		<category><![CDATA[Improve Retention]]></category>
		<category><![CDATA[Stay Interviews]]></category>
		<category><![CDATA[Trust]]></category>
		<guid isPermaLink="false">http://c-suiteanalytics.com/?p=1571</guid>

					<description><![CDATA[<p>Most of us have never considered the U.S. military having turnover problems…and for that matter haven’t seen the words “military” and “turnover” in the same sentence. The short answer to the question posed here is “yes”, in the eyes of senior military officials. A few months ago I was approached in a book-signing line by&#8230;</p>
<p>The post <a href="https://c-suiteanalytics.com/can-stay-interviews-solve-u-s-military-turnover/">Can Stay Interviews Solve U.S. Military Turnover?</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Most of us have never considered the U.S. military having turnover problems…and for that matter haven’t seen the words “military” and “turnover” in the same sentence.</p>
<p>The short answer to the question posed here is “yes”, in the eyes of senior military officials. A few months ago I was approached in a book-signing line by a military “retention specialist”, sent to hear me speak by his commanding officer, and from there our talks began. Your initial thoughts might match mine which were how can enlisted soldiers quit, and what variables are there among them. Aren’t they all treated exactly the same with pay, benefits, and opportunities?</p>
<p>Several meetings later, a fascinating trend emerged. The re-enlistment rate correlated with how much each soldier trusted his or her commanding officer. Those who built solid, productive, caring relationships led more soldiers to re-enlist, while those who looked more like commanding officers we see in movies…the tough kind…had far fewer soldiers choose to re-up.</p>
<p>The key learning point is this: First-line leaders who build trust increase their odds for retaining those employees they want to keep, and those who fail to build trust are rolling the dice. And I am confident soldiers refer to their substandard leaders as “jerk bosses” or worse, just like your employees do.</p>
<p>So here’s the question to ask yourself first, and then ask it to your top executives: If the only variable for military retention is leaders building trust with their teams, doesn’t that direct us to hold leaders accountable for their talent and provide trust-building tools, too?</p>
<p>The best trust-building tool is Stay Interviews, teaching leaders to ask our 5 essential questions, creating best practices with stay plans, and then forecasting how long each employee will stay. We’re looking forward to applying these proven employee retention solutions with our military and I strongly, strongly suggest you do the same.</p>
<p>&nbsp;</p>
<p>The post <a href="https://c-suiteanalytics.com/can-stay-interviews-solve-u-s-military-turnover/">Can Stay Interviews Solve U.S. Military Turnover?</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
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		<title>7 Reasons to Choose Stay Interviews</title>
		<link>https://c-suiteanalytics.com/7-reasons-to-choose-stay-interviews/</link>
		
		<dc:creator><![CDATA[Richard Finnegan]]></dc:creator>
		<pubDate>Wed, 16 Dec 2015 21:25:59 +0000</pubDate>
				<category><![CDATA[Articles on Stay Interviews]]></category>
		<category><![CDATA[Engagement]]></category>
		<category><![CDATA[Improve Retention]]></category>
		<category><![CDATA[Retention]]></category>
		<category><![CDATA[Stay Interviews]]></category>
		<guid isPermaLink="false">http://c-suiteanalytics.com/?p=1506</guid>

					<description><![CDATA[<p>Stay Interviews are both more effective and more efficient than other retention initiatives because they actually lead to improved engagement and improved retention. Here are seven reasons why: Reason #1: Managers conduct them and not HR…and we know now that leaders on all levels drive engagement and retention with their direct reports. Reason #2: Managers&#8230;</p>
<p>The post <a href="https://c-suiteanalytics.com/7-reasons-to-choose-stay-interviews/">7 Reasons to Choose Stay Interviews</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Stay Interviews are both <em>more effective and more efficient</em> than other retention initiatives because they actually lead to improved engagement and improved retention. Here are seven reasons why:<br />
Reason #1: Managers conduct them and not HR…and we know now that leaders on all levels drive engagement and retention with their direct reports.<br />
Reason #2: Managers then provide solutions that are individualized, one-on-one, rather than program solutions that are one-size-fits-all but don’t fix anything.<br />
Reason #3: Managers learn to ask the right questions and then probe deeply for the absolutely most important issues for each employee…rather than have superficial “How’s it goin’?” hallway conversations.<br />
Reason #4: Aggregated data leads to company-wide fixes for work/life balance and other white-hot issues…and is fresher and more reliable than any engagement survey results.<br />
Reason #5: Never again will an employee’s exit cause you to say, “Had we only known this, we could have fixed it”.<br />
Reason #6: Stay Interviews are targeted to both continuing and newly-hired employees…and data tells us that fixing engagement and retention issues early leads to longer engagement and retention overall.<br />
Reason #7: Engagement and retention solutions happen from the bottom up rather than tops-down or from HR on the side…and most if not all of the engagement and retention action happens with each employee’s relationship with his supervisor, peers, and duties; this is where the engagement and retention action happens!<br />
And here’s a bonus reason, #8: Stay Interviews will teach your supervisors to build trust…or teach you and your executives that they can’t build trust.<br />
One other way to apply Stay Interviews is to supplement your engagement survey process. Since surveys bring data but no solutions, ask your supervisors on all levels to conduct Stay Interviews as part of their survey action plans. Then they can dig deeper into survey results and develop solutions that address the needs of the group and also for each individual employee.</p>
<p>The post <a href="https://c-suiteanalytics.com/7-reasons-to-choose-stay-interviews/">7 Reasons to Choose Stay Interviews</a> appeared first on <a href="https://c-suiteanalytics.com">C-Suite Analytics</a>.</p>
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