What if we treated new employees like new customers? It's a provocative question worth considering. In a time when finding, hiring and retaining talented employees is harder than ever, we need to look at how little we spend to turn these employees into loyalists. It may take months or a year to...
No doubt you are working on many challenges daily, but are they the right things for your business? I hear too often from business owners and entrepreneurs that they are bombarded by so many requests and problems, that they have trouble sorting out the daily crises from opportunities with a major...
U.S. employment costs rose at a robust pace for a second straight quarter, wrapping up the strongest year of labor inflation in two decades as businesses competed for a limited supply of workers. The employment cost index, a broad gauge of wages and benefits, advanced 1% in the fourth quarter,...
New Orleans dining spot Boucherie heavily touts its new health-care plan when it recruits staff. Combined with a 30% pay hike, it’s helped the restaurant survive the Great Resignation and attract new workers. The two-site company, which includes fine dining Boucherie and the Bourrée at Boucherie...
Terminations are always unpleasant, but these rules can make it easier and less risky. You will eventually need to terminate an employee if you own a business. If you are not careful, you will do it the wrong way. This can go spectacularly badly--just ask Vishal Garg if you're not sure. His Zoom...
Instability has been the recurring theme of the last 22 months, and that doesn’t seem to be changing as we enter the third year of the pandemic. Employers want to enter 2022 as prepared as possible to take on the challenges plaguing the workforce, including stress, burnout and financial...
To keep employees happy, more companies are turning to one-on-one meetings to give key people the chance to talk about what is or isn't working in their current jobs. Americans are walking away from their jobs in record numbers as remote work has uncoupled jobs from geography, and droves of...
Home health provider Interim HealthCare of the Upstate currently has 51 open positions it's looking to fill. Since September, 17 candidates have canceled their interviews and 20 didn't even show up. Recruitment and retention tends to be difficult in the home health care industry, but it's been...
Call it what you will — The Great Resignation, The Great Reframing, The Great Realignment — but know there is something dramatic afoot in the labor market. More Americans are quitting their jobs than ever before. The U.S. Bureau of Labor Statistics tells us that 4.3 million people, fully 2.9% of...
Tens of millions of Americans have strong feelings about not returning to their offices full time—or commuting to get there. How strong? According to a report released today by RingCentral, 40% would rather clean their toilet at home than commute to their brick-and-mortar or other pre-pandemic...
Key Points The “unretirement” rate, which measures those who switch from retirement to employment, has been accelerating, according to an analysis by Nick Bunker, an economist at Indeed. This is good news for the labor market, and speaks to improving public health and job-related factors like...
Key Points Over the past several months, a rapidly growing number of Americans left their jobs – more than 4.4 million alone in September. The move has become known as the “Great Resignation,” but the picture is more complicated. It all adds up to a jobs market in which people leaving their...