The costs associated with acquiring talent and the institutional knowledge lost by bringing in outside talent for important roles are both key drivers in the business need for increased retention. In order to achieve an increase in talent retention, you have to have a comprehensive retention...
If you ran a trucking business, you would likely jump at the chance to double the miles each of your vehicles could travel on a tank of gas. If you ran a computer-chip factory, you would no doubt embrace a way to make your assembly line robots significantly increase their daily output. And if...
Do you know why you pay your employees what you do? Just as important, do your employees know why you pay them what you do? And do they know what they can do to earn more?
Compensation management has always been a challenging issue for employers. Some might even call it “uncomfortable.” But...
The Great Resignation is not ending any time soon. According to a survey in Joblist’s 2022 Market Report, three out of four full-time employees are planning to quit their jobs this year. This sobering news comes on top of the 47.4 million Americans who left their jobs voluntarily in 2021.
There...
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