Share This: According to the U.S. Bureau of Labor Statistics: In 2018, there were 68.9 million hires, an increase of 3.3 million from 2017. Total separations (quits, layoffs and discharges) rose by 2.6 million in 2018. Voluntary resignations rose for the ninth consecutive year reaching 40.1 million in 2018, up by[…]
Share This: Giving performance reviews to your employees is an essential part of running a business. However, it is something managers and employees dread the most. Why? For the manager, it feels like it’s just another item on the to-do list. Only two out of ten employees feel their performance is managed[…]
Share This: Your employee handbook can be the backbone for your business if it is well written. It should also be clear, consistent, and positive. When writing your handbook, think about it from all points of view too. What does each person in your business need? It is vital to[…]
Share This: Engaged employees are motivated employees. When they are engaged, they go above and beyond to help your small business succeed. There are many ways to motivate your employees. A 2018 Gallup poll shows employee engagement is on the rise. 53% of employees are not engaged and 13% are actively disengaged.[…]
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[…]