Employee life cycle metrics are the benchmarks that organizations use to measure employee performance, motivation, and engagement. They are often used by HR departments to help companies optimize their hiring, training, and retention strategies. There are Two Main Types of Employee Life Cycle Metrics: Time-based metrics measure how long an employee stays with a company, […]
Designing and encouraging an employee experience that leads to longevity, success, and great employee engagement should be a permanent mindset within your company. Rather than looking at employee engagement efforts as one-time endeavors when morale is low, the employee life cycle model frames engagement as a designed experience embedded into the trajectory of every employee within […]
Decisions about executive pay can have an indelible impact on a company. When compensation is managed carefully, it aligns people’s behavior with the company’s strategy and generates better performance. When it’s managed poorly, the effects can be devastating: the loss of key talent, demotivation, misaligned objectives, and poor shareholder returns. Given the high stakes, it’s […]
Compensation is often thought of in strictly monetary terms; however, many other valuable forms of compensation exist. In terms of compensation offered to employees, financial compensation in the form of salaries and wages is no doubt crucial, but it makes up only one part of what’s known as an employee compensation package. In this guide, […]
Talking about money with your employees can be uncomfortable. Even when you’ve got good news to share — a generous bonus or a well-deserved promotion — assigning a number to the value of someone’s work is tough. It’s especially difficult if you’re not the one calling the shots (most managers don’t set their own compensation […]
Dissatisfaction with performance appraisals is pervasive. They are seen as time-consuming, demotivating, inaccurate, biased, and unfair. A McKinsey survey indicates most CEOs don’t find the appraisal process in their companies helps to identify top performers, while over half of employees think their managers don’t get the performance review right. A Gallup study is more negative: […]
What if your people had the tools to make mental health and wellness support an integral part of their workday? How would that change employee engagement? What could it do for your organization’s productivity, and your ability to attract and retain talent? To set your workforce up for success, it’s time to change the way […]
Your company may pride itself on being a good employer. But even with the best of intentions, your company could be hurting employees’ health and well-being because of the way the work is organized. Working conditions and the demands of the work environment are significant sources of stress for many Americans, and research has found […]
Many of us are accustomed to working from home. Covid hit us hard, and this trend has become our new norm. When we have to return to the office, getting used to this working environment is pretty challenging. While it’s debatable whether remote work has affected workers’ performance, we are at the stage where we […]
The essential foundation for getting your employees to take ownership of their roles is to give them a game worth playing. Though your business isn’t a game, you must create an environment where people want to give their personal best to support the team effort. Consider these eight essential management standards that can serve as […]
