Employee turnover has always been a looming threat to business. Hiring new employees and retaining the ones the company already has, both share a vital point: employee satisfaction. The two essential elements that factor into an employee’s decision to stay with an organization are whether the company values them, and how much they get paid. […]
Postponing surveys could erode trust, exacerbate employee anxiety, and bar opportunities for building a stronger workplace culture. As a responsible and caring manager or business owner, one should know the importance of capturing the feedback of employees through employee satisfaction surveys, and even more so during times of a crisis. What is an Employee Satisfaction […]
Compensation and Benefits in HRM refer to the salary, monetary, and as well as non-monetary privileges provided to the employees at the workplace by the organization. It is a primary tool of the Human Resource Managers to bring out the best potential of the employees in their work. It works in a way – ‘Better […]
If you’re looking for new ways to attract and retain employees while staying financially stable in a volatile economy, look no further than your compensation strategy. There’s a huge opportunity to stand out from the competition for talent. That search for talent is what’s driving 70 percent of employers to plan on making enhancements to […]
I’ve explored the key role leaders must play to successfully build and nurture an innovative culture throughout an organization. For many leaders, particularly those running large, well-established businesses, it can be a daunting prospect. In an environment where tangible results are everything, the ambiguous and uncertain nature of innovation can feel like a distraction, forcing […]
Two things business leaders know: change is the only constant, and novel problems require novel solutions. The modern IT world is one built upon the successes of its predecessors—each new advancement comes on the back of innovation. Without innovation, organizations become stagnant. And stagnation is the death spiral to becoming obsolete. In a world that […]
As with everything culture related, it’s always easier to start from a clean slate and shape the right kind of culture from the get-go, than it is to transform an existing culture. However, medium and large organizations don’t have that luxury since they always have some kind of an existing culture in place, just like […]
1. Sticker Stalker Aim: GET RID OF STICKERS WITHOUT GETTING CAUGHT! Give everyone the same sheet of stickers and tell them the rules. The Rules You must get rid of the whole sheet by sticking them to the other players, one at a time without them noticing if any player catches you they can stick […]
A survey by World at Work reported that 88% of organizations have a staff recognition program in place, which could range from Employee of the Month programs to small perks, such as bonuses or gift cards. However, these more traditional methods of staff appreciation are seen as inauthentic and somewhat boring. When conducted correctly, employee […]
Tech companies have experienced an increase in employment in recent years. An annual CompTIA report found that tech employment now accounts for nearly 8 percent of the U.S. workforce, having added more than 260,000 jobs in 2018 alone. The use of digital solutions to make processes more efficient has been proven by tech companies focused […]
