The pandemic has changed the way many companies operate. Even though more people are working remotely, employers continue to be responsible for their employees’ well-being. It is more important than ever they provide the means for employees to take care of both mental and physical health. Here are a few ways that employers can ensure their people are staying happy and healthy during COVID-19 distancing. Successful Workplace Engagement Employee engagement and well-being are intertwined. The … [Read more...]
Attracting & Retaining Exceptional Workers Through Employee Benefits
During an employees’ market, especially so in terms of undergraduate or graduate candidates who have already invested a great deal of money and time in their training, you will need to consider job offers that will attract and retain exceptional employees. We wrote an article about a survey of well-educated Millennials that suggests as many as 40% will quit their jobs within the next two years. To hire, to compete, and to retain, your company will be under increasing pressure to offer more … [Read more...]
Community Connections Raise Employee Retention
There is a direct correlation between making charity, especially volunteerism, a part of your corporate culture. Community connections raise retention, which can save you money and increase productivity. Allowing employees time to volunteer and making charitable acts a part of your corporate values and mission sounds like it would pull time and money away from the bottom line. Does it? All over North America, Step Up Recruiting is seeing real-life results to back up the studies and articles … [Read more...]
Employee Engagement: An Important Facet in Retention
Polls and studies over the last several years have put employee engagement between 33 and 50%. This means that even at best, only half your workforce has a positive view of the work they do, or feels they make a valuable contribution. Employee engagement is an important facet in retention because it builds a partnership between employer and employee. Leadership helps develop the employees’ skills so they may reach their full potential, at the same time the employee is making a full effort to … [Read more...]
Is Job Growth Affecting Your Employee Retention Rates?
The unemployment rate continues to hover around 4%, with wages continuing to rise. Is job growth affecting your employee retention rates? Yes. Your initial offer affects your ability to hire the best candidates, but your internal wage increases must keep pace with the market to retain valuable talent. Greater competition between potential employers means that your competition is raising initial wages to attract candidates. There is often a lag between the market placing a greater value on … [Read more...]