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Hiring is a topic of conversation on every leader’s mind these days. We are constantly bombarded with stories of labor shortages, absentee employees, quiet quitting, actual quitting, etc. So, what do you do to avoid the pitfalls of poor hires in a tight market? Maybe the first thing to do is look in the mirror.  Grinding through a revolving door of employees is costly in both time and money and making the right hire the first time is critical in this market. If you don’t have processes in place to find employees that are the right fit for your company, you are setting yourself up for failure. So, what can you do? Let’s get into it. The Cost of a Bad Hire While hiring is one of the most important decisions you can make for the success of your business, we are hearing many stories of bad hires. Let’s look at the potential impact of these decisions on your bottom line. A 2017 CareerBuilder Survey reported that 74% of employers say they have hired the wrong person for a position. What does it mean to your business when this happens? The U.S. Department of Labor estimates that the average cost of a bad...

The way we work has changed dramatically in the last three years. While most of the workforce was in the office before the pandemic and almost all of the workforce was remote during the pandemic, we are now seeing hybrid teams becoming more of the norm. Whether you are leading a team that is fully remote, hybrid, or fully in the office, now is a great time to reflect on the way operational processes, communication tools, and culture impact your team’s ability to collaborate effectively and deliver results. Hybrid Work by the Numbers First, let’s look at just how prevalent hybrid work arrangements have become since the pandemic. According to zippia.com*: 74% of U.S. companies are using or plan to implement a permanent hybrid work model. 63% of high-growth companies use a “productivity anywhere” hybrid work model. 55% of employees want to work remotely at least three days a week. 59% of employees are more likely to choose an employer that offers remote work opportunities over one that doesn’t. No matter where team members are physically located, leaders need to constantly re-evaluate a variety of factors to motivate staff and drive results. 3 Key Ingredients To Building a High-Performing Team First – have the team collaborate to identify a set of 3 to 5 shared...

If we learned one thing during the last three years of the pandemic, remote work and The Great Resignation, it is that old methods, no matter how tried and true, are not working to attract, hire and retain talent. Circumstances and expectations have changed. More importantly, Millennials and Gen Z employees make up the majority of the workforce around the globe, and both generations are motivated by less-than-traditional factors. So what do employers and their Human Resources departments do to find the quality of employees they need and keep them engaged? It is going to take a little work, some investment in change, and a willingness to meet talent where they are. Generational Demographics The chart below shows just how much generational demographics have changed over 15 years. While Millennials represent the largest group by far, you can also see the dramatic decrease in Baby Boomers and the steady supply of Generation X. While there is some disagreement about age ranges, most research defines the generations as follows Traditionalists – born in 1945 and before Baby Boomers – born between 1946 and 1964 Generation X – born between 1965 and 1976 Millennials - born between 1977 and 1995 Generation Z – born in 1996 and after Understanding Generational Differences Many...

As we wind down the year and look to 2023, I want to revisit one of the most powerful and under-utilized tools that organizations have at their disposal to create high-performing teams and deliver outstanding results. The annual performance management process has gotten a bad rap for several reasons that I discuss below. The greatest gift a leader can give their teammates is a concise set of clear objectives that are regularly discussed and updated. We are potentially looking at a challenging economic environment in 2023 which places even greater importance on the need for motivation and alignment. As an article by McKinsey & Company reminds us, “strong performance management rests on the simple principle that ‘what gets measured gets done.’” In an ideal system, a business creates a cascade of metrics and targets, from its top-level strategic objectives down to the daily activities of its frontline employees. Managers continually monitor those metrics and regularly engage with their teams to discuss progress in meeting the targets. Good performance is rewarded; underperformance triggers action to address the problem. So, what happens when you do not have a strong performance management process in place? Things go wrong quickly. Pitfalls and Shortcomings of a Weak Performance Management Process Poor...

For most businesses, the last few years have been an exercise in reacting to circumstances none of us has ever experienced. From the pandemic to The Great Resignation, inflation, and recession, the word “pivot” has been used so much that I know I would be happy never to hear it again! But the fact is, we were all required to make significant changes to how we run our businesses as quickly as possible to survive. Those who were not nimble and decisive suffered. So, what does next year look like? What challenges will we continue to face and what new ones are cropping up? Let’s look at trends for 2023 and how they will impact HR leaders across the country. The Talent Crunch Continues According to a recent Gartner webinar, we will continue to experience uncertainty as the combination of rising inflation, global supply constraints, and scarce, expensive talent create challenges for all of us. As HR leaders, we are acutely aware of labor shortages and the need to do more to attract and retain quality employees. Gartner’s research shows that 50% of HR leaders expect increased talent competition over the next six months, and 46% of HR leaders anticipate attrition will...

A 2021 Gallup Poll on Employee Engagement showed a decline for the first time in a decade, and the trend has continued in 2022. Given this trend and the continued robust job market, how can leaders, supported by their Human Resources departments, improve employee engagement and strengthen work culture? First, let’s identify some findings from Gallup surveys: Engagement for hybrid and remote workers is 27% higher than that of fully in-office workers. Disengaged employees have 37% higher absenteeism, 18% lower productivity, and 15% lower profitability. Fewer than 1 in 4 U.S. employees feel strongly that their organization cares about their well-being -- the lowest percentage in nearly a decade. Gallup surveyed a random sample of 14,705 U.S. full- and part-time employees and measured several workplace elements, including: Employees' level of agreement about clarity of expectations Opportunities for development Whether they believe their opinions count at work In general, the survey found that engaged employees are involved in and enthusiastic about their work and workplace, while actively disengaged employees are disgruntled and disloyal because most of their workplace needs are unmet. Actions You Can Take to Improve Employee Engagement There are some simple and effective strategies organizations can implement to improve employee engagement and create a more positive work culture. Set clear expectations...