Retention

Golden handcuffs: Right or wrong answer to your retention issues?

09/04/2024

As an HR professional, you’re always looking for ways to attract and retain top talent. One strategy that’s been around for years is the use of “golden handcuffs,” or attractive financial incentives designed to keep valuable employees from leaving. But are these shiny restraints still an effective tool in today’s evolving workplace? Here are some pros and cons to help you make informed decisions for your organization.

HR leaders say recruiting, retention getting easier

08/12/2024

Although the U.S. labor market remains tight, a new Conference Board survey of HR professionals reveals that the recruitment and retainment challenges facing employers have eased.

Survey: Fewer workers plan to change jobs this year

07/15/2024

The Great Resignation of 2022 and 2023 appears to be over, replaced by the Big Stay of 2024, according to a recent survey by outplacement firm Robert Half. The survey of more than 1,000 workers found that 35% of employees plan to look for a new job in the second half of 2024, down from 49% who had similar plans at the same time last year.

Beyond perks: What Gen Z really wants from employers

07/03/2024

In an era of AI and remote work, Gen Z is shocking employers by pushing for human connection in the workplace. The recent 2024 Career Interest Survey of over 10,000 Gen Z students across all 50 states provides valuable insights for HR professionals looking to attract and retain the next generation of workers.

Thoughtful onboarding initiatives help avoid turnover

06/05/2024

It’s the summer hiring season, and regardless of whether you land a seemingly perfect hire, improper onboarding can derail their trajectory before it starts. Here’s how to cultivate engagement and retention from Day One.

Do the math: Retain workers instead of replacing them

04/01/2024

With the cost of replacing some employees potentially exceeding $100,000, smart employers are focusing on retaining staff instead of having to replace them.

7 tips for holding on to older workers nearing retirement age

03/20/2024

In today’s tight labor market, retention is more important than ever. If you have employees nearing retirement age, consider making an extra effort to hold onto them. You might find them more than willing to stay on the payroll.

Tight labor market could get tighter: Fewer workers planning to change jobs

03/06/2024

While job openings remain elevated and talent shortages persist, there is less attrition in the labor force, as fewer workers say they plan to change jobs this year. According to new research from employment and outplacement firm Robert Half, only 36% of workers plan to look for a new job in the next six months, down from 49% in July 2023.

Recruiting: Offer work-from-home option, tout opportunities to advance

01/29/2024

It’s tough to attract the best new hires if you can’t pay as much as larger employers can. However, you may have a couple competitive advantages big companies can’t offer: the option for employees to work remotely full-time and the promise of promotion opportunities.

Want to retain your employees? Offer training

01/12/2024

If you ask a departing subordinate why she’s jumping ship, it’s likely the answer will include better pay and benefits and a lack of opportunity for advancement. You can’t do much about pay and benefits, but you can leverage the training programs you already have in place to prevent subordinates from looking for a new job in the first place.