How you approach a new hire’s first day may determine whether he’s with you for the long term. Fact: 46% of new hires are gone within eighteen months,1 and almost half of those losses occur in the first forty-five days of employment.2 Those numbers aren’t just startling; they’re expensive. How can you design your hiring…
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Here are some typical costs for an employee making $55,000 who leaves after eight months: • H.R. involvement (interviews, onboarding): $1,100 • Manager interviews & other recruiting expenses: $1,000 • Advertising: $400 • Employee salary: $36,672 • Benefits (30% of salary): $11,000 • Training: $800 • Productivity Loss (other employees picking up 25% of failed…
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There are more than six billion people on the planet, each of us with talents and skills. Not one of us could be called a commodity. So why then, when organizations seek out new talent, would they use a process designed for procurement? MSPs (Managed Service Providers) aren’t new, and at face value, are well…
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You can think of your Employment Brand as your organization’s reputation as an employer. And the stronger your Employment Brand, the more, and higher quality, candidates you will attract. In order to market your employment brand, you have to discover what makes your company unique (or your Employee Value Proposition). Then you have to communicate…
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If you’ve ever visited one of the popular online dating sites and taken the opportunity to review the profiles of those seeking the “right” person for what they consider an “ideal” relationship you’ll notice a common theme on many of them. The profile of the person they seek is perfect…literally perfect. The list of things…
Continue reading ...Recent statistics indicate that engagement in our US companies is very low, around 32%. This means that two thirds of our workforce is showing up to work every day under half steam. To an owner of an organization this is difficult news. Why are so many people disengaged? There is another statistic that says that…
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“Mmm, yeah, I’m going to have to go ahead and ask you to come in on Sunday, too” – Bill Lumbergh Your boss may not be as bad as Bill Lumbergh from the movie Office Space, but as another Boss’s Day comes and goes, although the 2011 holiday fell on a Sunday (is this a…
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No matter how confident a person may seem, they are still likely to be a little overwhelmed when starting a position. A lot is placed on the shoulders of new employees. They have to get to know a fresh office with new faces as well as get into a routine for their workload. It’s almost…
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Hiring a new employee is a skill that involves a lot of tact. It’s really an art form. In essence, you are bringing someone into your organization to provide something of value or fulfill a need. Obviously, most hiring managers go for talent that has the experience to back it up. This method does not…
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We all remember the movie Ocean’s Eleven. Most of us wanted to be involved in a heist after. The movie just made it seem so cool with all the nifty ideas that were utilized to be successful. Heists are bad, and yet we were rooting for the team. Well, what made the eleven people so…
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