We’re experiencing a hot recruitment market right now, and leaders in all industries are finding it difficult to fill vacant positions. Even if you’re not actively recruiting right now, these conditions pose real challenges. A competitive market means that rival employers will go to extreme measures to headhunt the best people on your team.
On an average working day in America, only one in three employees are fully engaged with their job. That's according to the latest data from Gallup, which shows that average engagement spiked during the pandemic, but is now back at normal levels. And, in most offices, normal is bad.
Keeping hold of your best staff has always been a challenge. Experienced managers have a whole toolkit of techniques they use to identify retention risks and minimize staff turnover rates. But those techniques often involve face-to-face contact with the team. What happens when you’re trying to manage a group of remote workers?
American gymnast Simone Biles made headlines during the Tokyo Olympics by unexpectedly withdrawing from several events because of concerns about her mental health. Earlier in 2021, tennis star Namoi Osaka pulled out of the French Open, also citing mental health concerns.
Did you know that most people consider themselves underpaid? One study shows that 64% of employees feel underpaid despite receiving the market average. A raise might not help the situation — 35% of people think they’re getting shortchanged even when they earn above average.
Right now, there’s a lot of media buzz about the so-called Great Resignation. It’s true that more employees than ever are considering jumping ship in the wake of the pandemic, and quit rates are higher than ever. But staff retention has always been one of the biggest issues in HR, especially when dealing with your most talented stars. To hang onto these valuable team members, you have to understand the many reasons that employees leave an organization.