Every time that we work with a new client, we always ask them “how is your retention?” This is an important issue to me, because our business (HR) is about people, but for many organizations, retention is a financial issue. There have been numerous studies during the last two years about [...]
Businesses make decisions concerning where to invest their dollars based on either financial or resource areas. Sometimes these decisions are based on both. As always, it’s a difficult decision because you want to hire more people to do the work, but you don’t always have the work to hire the people right away. Consequently, decisions on where and when to invest can be daunting.
I recently attended an HR Leadership Forum meeting in Arlington, VA on Friday October 5th where Dr. Craig Simpson, with ORTalent, Inc., spoke on “Unlocking the Hidden Psychological Drivers of Leadership Performance.” Dr. Simpson provided some interesting statistics showing that in the first 18 months 30% of internally promoted executives and [...]
Let’s face it: the majority of firm leaders today represent the Baby Boomer generation, and for many of us, retirement looms on the horizon. Who will replace us to lead our firms into the future, and what should we be doing in order to ensure that they are prepared to lead?
With any number of books and articles available on the topic of the Millenials, or Generation Y, as the youngest generation of workers is known, as well as coverage by such highly visible institutions as the Society for Human Resources Management and television’s 60 Minutes, employers have a wealth of resources available to them.
Has your organization grown or contracted in recent months? Have you entered a new market or won a new project that will significantly change your strategic focus? As the economy rebounds, are you concerned about recruitment and retention of key staff? If so, it’s time to get your HR “house” in order. An HR Audit is the place to begin.