Share This: One of the most important ways to retain employees is by offering benefits. As a small business, you may not be able to offer the same benefits as large companies. However, you may be able to offer some benefits and perks as your small business grows. Although it may[…]
Share This: Implementing a mentoring program in your small business can help your company in many ways such as: Reducing turnover and increasing employee retention Increasing employee engagement Transferring knowledge from your mentors to your mentees Helping relationship development Showing your future and current employees you are invested in them According[…]
Share This: An employee referral program can be an exceptional recruiting tool if done well. If the new hire feels loyalty towards the employee who referred them, they are more likely to stay longer. Once they get past the first 30-60 days, they become more engaged. This gives them time[…]
Share This:Emotional intelligence is defined as having the ability to identify and manage one’s own emotions, as well as the emotions of others. Have you ever had a manager that yelled and screamed when things went wrong? Or one that reacted badly every time stressful situations occurred? Have you been this[…]
Share This:Employee onboarding is an essential part of your hiring process. According to the Society for Human Resource Management (SHRM), the average cost of hire is $4,129 and the average amount of time to hire a new employee is 42 days. Up to 20% of employee turnover happens within the[…]
Share This:Employee turnover is one of the biggest costs to a company. Sometimes it may be caused by bad hiring practices such as recruiting bad talent that does not match the position or overlooking certain things to make someone fit. However, voluntary turnover (resignations) from your top and best employees[…]
Share This:According to Gallup’s State of the American Workplace report, employee engagement is defined as “those who are involved in, enthusiastic about and committed to their work and workplace.” In a recent survey, only 33% are actively engaged in their work. The workforce is changing and to recruit and retain[…]
Share This:Tedious. Laborious. Honest. Blunt. These are all adjectives used to describe exit interviews. Most employers do not conduct exit interviews because of the adjectives above. All employers should conduct exit interviews because of another adjective: adapt. If you’re not finding value from exit interviews, you’re not doing them right.[…]
Share This: Your employee handbook can be the backbone for your business if it is written clearly and concisely. Employees want clear expectations now more than ever. If a handbook is well written, the employee will see that the employer is consistent and there are no surprises. Once you find[…]
Share This: Performance Review is an essential part of running a business yet reviewing an employee’s performance can be something managers and employees dread the most. Why? For the manager, the conversation feels like it’s just another item on the to-do list. For employees, Jim Harter of Harvard Business Review[…]