According to stated that most workers in certain regions are expected to see their biggest pay increase over the next three years. Whether it’s due to inflation, legislature pushing for fair wages to match a rising cost of living, or businesses trying to keep good talent, you should be aware of the trends in wage increases and how that affects your compensation plans.
Making sure your employees are motivated and engaged in their work is one of the most important ways to ensure your business stays successful. A motivated workforce is a happy workforce, and a happy workforce will help your business grow. In this post, we’ll share a checklist you can use of best practices on how to create a motivated team.
More employees are quitting without giving notice, which leaves a business stuck with having to fill in the gaps quickly. Sometimes people, they feel like they’ve been mistreated, or a variety of other reasons.
These days, the question of how to manage Millennials in the workplace has taken center stage for a lot of growing organizations. Millennials have been getting a bad rap for the past several years, and are often described as lazy, unmotivated, and entitled. The problem is that these generalizations don’t take into consideration that perhaps Millennials need to be managed differently than other generations before them. Here, we’ll discuss some tips on how to manage Millennials in the workplace to ensure that your organization continues to grow successfully with its employees.
Employee retention is a delicate balance between good leadership and healthy relationships within the workplace. Benefits, flexible work hours, a constructive feedback system, and opportunities for growth are essential. However, the role supervisors play in employee retention appears to make the most impact.
When given the opportunity, workers will typically jump at the chance to work overtime. Think about the man or women, supporting a family or a new child and how being paid time and a half — or more — is an excellent incentive for them. But, finding balance is vital in allowing employees to work overtime. On the one hand, the employee and the employer both win in filling much-needed demand, but on the other hand, an employee working too much overtime can cause him or her to get burned out and de-motivated. The excitement of bringing home a larger paycheck will eventually wear off and become more commonplace as they work more hours.
Active onboarding processes for new employees can make all the difference in the world when it comes to retaining employees. Understanding how first impressions impact employee retention can significantly change how you conduct your employees’ first day of work.