One in five Americans have left a job in the past five years due to bad company culture. The cost of that turnover is an estimated $223 billion, according to a new SHRM report on workplace culture.
One of the biggest threats to an engaged workforce is employee burnout. The newest study in the Employee Engagement Series conducted by Kronos Incorporated and Future Workplace® found 95% of human resource leaders admit employee burnout is sabotaging workforce retention, yet there is no obvious solution on the horizon.
Conducted by The Conference Board, a new survey shows that about 54% of U.S. workers are satisfied with their employment. Satisfaction climbed by almost 3% from the prior year, which marks a near-record increase in the survey’s history. Workers also report being much more at ease about their job security. In addition, Millennials have experienced a surge in confidence regarding their wages.
It is no secret that happy employees lead to the success of an organization. However, what seems like it can be a secret is how to keep employees happy and satisfied so that they enjoy coming to work and are productive. In order to attract and retain talent, employers need to continually be evaluating their benefit offerings and introducing new benefits that today’s employees value.
A new survey from CareerBuilder shows employees are split on how they feel about their current job: 50% feel like they have a career while the remaining 50% feel like they have just a job. In addition, 32% of employees plan to change jobs this year. What is causing this lack of dedication?
According to the recently released 2019 Trends in Employee Recognition Survey, conducted by WorldatWork with underwriting support from Maritz Motivation, the number of companies who say they have no employee recognition policy, strategy, or philosophy increased to 19% in 2019 compared to 12% in 2015.
A recent survey by Deloitte shows that 85% of professionals prefer a simple "thank you" as recognition for their day-to-day accomplishments. While we likely all agree that recognizing others for their work is a positive thing, people differ in "how" they want to be recognized, "for what" and "by whom."
Holding both leaders and employees accountable is one of the biggest challenges in the workplace. In fact, in a recent CEO Benchmarking Report by The Predictive Index, 18% of CEOs surveyed said “holding people accountable” was their biggest weakness.
55% percent of organizations in North America will offer their employees “Summer Fridays” this year, according to a survey by Gartner, Inc. This is a 9% increase from the number of North American organizations that offered Summer Fridays in 2018.
A recent study by Payscale entitled Why They Quit You shows the top reason employees leave their job is a bigger paycheck. However, when employees were asked what attracted them to a new position, ‘the opportunity to do more meaningful work’ was the most common response.
What is the definition of value? According to Merriam-Webster it is “The monetary worth of something; a fair return or equivalent in goods, services, or money for something exchanged; relative worth, utility, or importance.” Are you showing your employees that they are valued?
The short answer is yes. Color can affect workers’ moods. The colors you decorate an office space with can impact employee behavior and productivity.
In the U.S., full-time employees generally work 40+ hours per week. We work more than most first world nations including Germany, France, and England. But are we as productive?
According to Global Workforce Analytics 4.3 million employees now work from home at least half the time. In addition, Gallup reports that 43% of U.S. workers say they have telecommuted at some point in their career. With the growing population of telecommuters, are these workers feeling less connected and isolated or happier and more engaged?
Retaining talent is number one on the list for many, if not most, organizations. Today’s employees can change jobs with much more ease than even five years ago. You can google “employee retention” and find hundreds of how to’s, but why not learn from those who are already winning the war for talent.
The same qualities that describe a good listener, describe a good leader: respect, concern, an openness to new ideas, empathy, compassion, curiosity, trust, loyalty, and receptivity. However, one of the lowest rated behaviors in 360-feedback surveys for managers is listening.
The number of job openings continues to exceed the number of job seekers in the U.S., forcing employers to reexamine their strategies for hiring and retaining top employees. Employee wellbeing is a key aspect that employers need to pay attention to when looking at retention strategies.
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