5 Ways Your Company is Turning Off Promising Employees

5 Ways Your Company is Turning Off Promising Employees

High employee turnover is, as ever, a pressing concern for HR executives globally. When an employee decides to leave, the department is forced to readjust. A replacement needs to be hired and trained and there is an inevitable loss of productivity as the employee gets up to speed.

On top of this, rehiring places a significant financial strain on a company that is best avoided. In Canada, it has been estimated that these costs can add up to around 40% of the employee’s salary, with an average cost of $18,000. In America, a study carried out by the Center for American Progress concluded that recruitment costs can range from anywhere between 16% for unsalaried employees to a staggering 213% for a highly trained position. In the UK, an Oxford Economics study shows that the cost of rehiring is, on average, £30,614 per employee.

If your company is experiencing less than desirable levels of turnover, you need to begin to ask yourself some pertinent questions. What is it about your organization, and the way it is being run, that is putting off talented employees? How can you select and hire the employees that best suit your company? How can you keep your employees content and engaged so as to avoid the laborious and exhausting recruitment process?

Check out the list below to see if you are inadvertently the cause of your own problems and how they can be avoided.
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9 Reasons to Let Employees Telecommute

9 Reasons to Let Employees Telecommute

Telecommuting may be a popular item on employee wish lists, but wishes do little to convince employers to implement work-from-home programs.

Widespread telecommuting is still a relatively new phenomenon, and employers are understandably wary of diving headfirst into only-sort-of-charted territory. Employees’ desire to work from home does little to answer questions or assuage fears regarding productivity, accountability and other managerial concerns.

Wishful employees and wary employers are both in luck, however. There are plenty of reasons for employers to open the door to telecommuting opportunities. Here are just nine of the many ways telecommuting can benefit employers and employees alike:

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Get Serious About Protecting Your Business Today

Get Serious About Protecting Your Business Today

It is one of those aspects of business which you probably don’t want to give much thought about. Yet, it needs your close attention if you are to enjoy running a business for a long time. The truth is, all businesses are vulnerable to various kinds of problems and outside attacks. As long as you are doing everything in your power to protect your business, you can rest easy. This doesn’t mean worrying about it excessively, but you should take the basic precautions necessary to protect your business. That way, you can be sure that your business will hopefully not suffer at the hands of anyone else. With that in mind, let’s take a look at some of the areas which need protecting in any business, but which may not be on your radar.

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Re-Evaluating What Matters and Taking Stock

Re-Evaluating What Matters and Taking Stock

2016 has been a very challenging year for me so far. I have gone through a lot of ups and downs – more downs than ups lately. I struggle to even write this post, as so much of what we portray online and allow others to see of ourselves on social media, blogs and other public forums tends to always be good and wonderful. We share all the highs and rarely share the lows. As a result, I have not been on social media quite as much this year. As someone that blogs about leadership and leading others admitting that I have faults is harder to do. But we all have things to work on and issues to deal with. A good leader will admit their own shortcomings and faults and work on them.

I have spent the past week or so really thinking about everything, evaluating and re-evaluating my priorities and what I need to do to step up and start making positive changes in my life.

While I won’t get into the personal details about the ‘what’ and ‘why’ I have to admit that my marriage and family life is not perfect and I am working on myself and more importantly my marriage in the hopes that it is not too late to save it.

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Simple Steps To Help Your Business Save More Money

Simple Steps To Help Your Business Save More Money

It is one of those things which all business probably spend a lot of time thinking about. It is no great surprise, of course, that business requires you to save money wherever and whenever you can. After all, you don’t want your business suffering in the long term because of a few silly mistakes early on. If you are looking for some simple ways to save money in your business, then this post should help you a great deal. I will take a look at some of the best and easiest ways to keep your finances looking great. If you are keen for your business to save a little extra cash, look no further, and take a look at these suggestions before doing anything too drastic.

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How Employees Can Advocate Your Brand on Social Media

How Employees Can Advocate Your Brand on Social Media

Source https://www.flickr.com/photos/zzkt/6820378862/?rb=1

Employees can promote the brand they work for on their personal social media accounts to extend the brand’s reach, increase sales and influence customer impressions. Before it can happen, brands need to integrate employee advocacy into their marketing strategy and learn how to make employees start sharing.

As more and more content is produced and shared every day, it’s becoming increasingly important for brands to ensure that their messages are seen and interacted with on social media. In such competitive circumstances, every little bit helps, and there are significant quantifiable benefits to be reaped from consumer advocates. However, the truly powerful, but yet untapped force are your employees. After all, they have first-hand insight into the company culture, and customers value their opinions more than anyone else’s.

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You Can’t Afford to Have Unhappy Employees

You Can't Afford to Have Unhappy Employees

You may think that it’s okay for employees to be unhappy at work. After all, it’s work, right? Since when do work and happiness exist in the same instance of space-time? Well, actually, work and happiness should go hand-in-hand.

This doesn’t mean that all employees should be expected to want to sing and dance whenever they start work. You’re never going to have the all of your employees being genuinely happy that they have to go to work. It’s an obligation, after all. If they don’t work, they don’t get paid. And the things that they spend their paycheck on are probably the things they’d rather be doing instead of working! Plus there could be issues outside of work that affects their happiness in the workplace as well.

But that doesn’t mean you should allow your employees to be unhappy. And I’m not just talking about this from an ethical standpoint. I’m talking about this from a very pragmatic business standpoint. The fact is that unhappy employees are less productive than happy employees. And you may not even notice it – possibly because all your employees are unhappy, so you have no point of comparison.

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