Don’t Underestimate the Value of Employee Tenure | Harvard Business Review

People Analytics

This research examined the impact of employee age and employee tenure (time with an organization) on business performance. The researchers measured business performance for 23 organizations—across various industries— in three ways” 1) financial (e.g., revenue growth, profit), 2) operational (e.g., error rates, speed), and 3) customer reactions (e.g., referrals, retention rates). The findings show that “Employee age has no impact on business performance, whether performance is measured …

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Employee Retention Risk Template | Brian Heger

Talent Management

Employee retention continues to be a top concern for many organizations. This one-page template provides a way for managers to assess the retention risk of their employees on 13 retention risk indicators known as ‘pre-quitting behaviors.’ The questions are based on an article by JR Keller, Timothy Gardner, and Brad Winn published in The People + Strategy Journal and …

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2022 LinkedIn Talent Trends: Data-Driven Insights into the Changing World of Work | LinkedIn

Workforce Trends

LinkedIn has just published its updated 2022 Global Talent Trends report—highlighting aspects of: 1) hiring, 2) workforce confidence, 3) candidate values, and 4) employee growth. Regarding hiring, a sample of 14 countries shows that hiring rates have decreased in all of them since one year ago (Sept 2021 vs. Sept 2022). India had the greatest decline (18%) in hiring, and the U.S. experienced a …

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4 Resources for Identifying and Addressing Employee Retention Risk

Talent Management

Employee retention continues to be a top concern for many organizations. This one-page reference integrates four resources for managers to leverage as they identify and address their most critical employee retention risks. The four resources provide questions and indicators to help managers and leaders gain insights into various aspects of employee retention. They are sourced …

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Predictive Models Address Employee Attrition | Deloitte US

People Analytics

Many employers continue to express concerns about talent shortages and employee retention. And to better anticipate and address employee turnover, a segment of organizations turn to people analytics and AI to help answer several questions. As noted in this article, these questions range from 1) To what extent is my organization at risk for attrition within …

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Podcast: How ‘Quiet Quitting’ Is Changing the Workplace | The Wall Street Journal Podcasts

Podcast | Webinar Workforce Trends

You’ve probably heard or seen the term “quiet quitting” (QQ) being shared across various social media platforms and publications, including this 8-minute Wall Street Journal podcast.  And while there are varying and confusing descriptions of QQ, three main points to sum up this latest workplace buzzword are: 1) Unlike the name suggests, quiet quitting is not about …

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100 Exit Interview Questions For 2022 | Vantage Circle

Talent Management

Last week, I shared a post that included questions managers could ask to identify employee retention risks and tailor retention strategies to individuals they want to retain. And while these resources intend to help managers proactively retain employees, there will be cases where employees still leave the organization despite these efforts. In these cases, leaders have an opportunity …

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It’s Time to Reimagine Employee Retention | Harvard Business Review

Talent Management

Employee retention is a key focus of many leaders as workers continue to re-evaluate their preferences and what they value in their employment and employer. As managers and leaders develop and implement tactics to stem unwanted turnover, this article shares three ideas for using career development as a retention strategy. And while career development is …

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Meet the Psychological Needs of Your People–All Your People | McKinsey

Talent Management

I recently shared an 86-page report by Harvard Business School, Building From the Bottom Up, that explored retention strategies for organizations’ frontline workers. These workers, which represent 44 percent or 53 million workers in America alone, are often the foundation of many firms’ operating models, yet they receive less attention in terms of retention efforts. Instead, many …

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A Measurement Scale of Pre-quitting Behaviors | People + Strategy Journal

Talent Management

In a post last week, I mentioned that employee retention continues to be a top concern of many leaders. In that post, I shared a template by Jo-Ann Garbutt that includes 18 questions managers can use to raise their awareness of the factors that influence employee retention risk. A few sample questions include: 1) Do I …

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