After engagement, retention is the top talent management concern in today's global economy. The true ROI of top talent isn't realized if that talent leaves. Add the significant cost of replacing talent to the loss of skills and institutional knowledge when top performers leave, and the importance of retention becomes even more manifest. These factors, coupled with the rapidly changing demographics of today's workforce as the Baby Boomer generation begins to leave in significant numbers and the Millenial generation makes its presence increasingly felt, demands that savvy leaders understand the dynamics of retaining talent and know how to manage talent with retention as a goal.
The strength of an organization lies in the diversity of its talent. An individual’s Risk Type, or level of intensity, fearfulness, and impulsiveness can work for and against the overall business strategy- depending on the context ... Read more
These days, a single tweet from an unhappy employee can hold enough firepower to negatively affect your brand for years to come. How can you diffuse the situation and avoid blow back from both impacted and remaining employees after a reduction in ... Read more
“Companies with incentive programs enjoy a 22 percent increase in employee performance on average” Research continues to show that maintaining a well-rewarded workforce leads to improved company performance. ... Read more
Millennials are entering the workforce at a steadily increasing rate. Experts project they will comprise anywhere from 35%1 to nearly half the workforce by 20142. At the same time, Baby Boomers and Traditionalists, whether by choice or financial ... Read more
U.S. businesses play a crucial role in promoting healthy lifestyles since they are the principal source of health insurance in the United States, providing health benefits for about 149 million nonelderly people. ... Read more
The findings of a new Fierce, Inc survey have revealed that work/life imbalance is a real cause for concern among working women as 70% report being stressed and nerly 50% report experiencing health issues. As a result 20% of working women abandon ... Read more
With all the discussion and emphasis that employers give to the topic of retention, it is important to recognize that the most critical step in retaining employees comes before the hire itself. Good leaders commonly state that they surround ... Read more