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Succession Planning is the Best Way to Mitigate Attrition Risks
….Yes, you heard that right! Succession planning reduces employee attrition risks by developing people, preparing them to manage key positions competently, and helping them grow into better professionals. These days, it has become need of the hour for every organization to actively trail on succession planning path ensuring that their workforce is consistently developing to … Read more
Does Employee Onboarding Supports Retention & Engagement? Know How
One of the difficulties in employee onboarding is the absence of confidence that originates from the insignificant ability an employee may have when beginning another part. Given the need to ingest organizational culture, office functions, methodology and case-by-case situations, new hires have a considerable measure to take in that first day or first week. Here … Read more
Set, Monitor & Track SMART Goals Easily, Like Never Before!
Good spirit, strength and success of a true achiever lie in prudent goal setting. ” Walt Disney needs no introduction. Do you know he was rejected from his first job (or I should rather say fired) because his supervisor claimed that he lacked creative imagination? Not only this, but his idea of opening theme park … Read more
Why Performance Appraisals Fail and How to Save Them
This blog points out why performance appraisals fail. It also encourages you to use best HR practices to make evaluations more meaningful. Annual performance assessments are carried out to evaluate yearly performance of employees. Through annual appraisals, managers evaluate employee performance and their overall contribution to the company. A well-planned evaluation process allows managers to … Read more
Employee Attrition: How Much Does It Cost Your Business?
Do you know what employee attrition really costs your organization? You might be speculating the answer, but it’s not that easy to say! Corporate people often discuss and debate over increasing employee turnover causes, issues and costs. Many people believe that turnover costs are hidden. It means employee turnover costs are neither calculated in the … Read more
Identify & Motivate Disengaged Employees to Improve Work Culture
Identifying disengaged employees and motivating them to contribute to company’s success seem like a nightmare. Disengaged employees are often found pretending to work with low productivity levels. Unfortunately, workforce disengagement adversely affects company performance, organizational goals and company revenues. On top of it, disengaged staff spoils company culture by influencing other employees with their negative … Read more
Retain Top Talent by Focusing on Pay-for-Performance Plans
What it takes to stop high-performers from leaving an organization? Can’t think of a better answer? Let me tell you…Implementing well-designed and effectively managed pay-for-performance plans help in retaining top talent! Performance-based compensation approach motivates employees in many unique ways. It ties employee’s remuneration directly with company goals. An efficacious pay-for-performance system makes it easier … Read more
How Important is Employee Training and Development
Does your workplace encourage strong learning culture for employees? Does your company promote employee training and development programs? If not, read further to know what they have been missing so far! Need of Employee Training Programs Employee training and development is the strongest pillar that establishes high performance, optimum results and company success. Millions of … Read more
Employee-Manager Relation: An Integral Part of Employee Management
Inaccurate results… delayed projects… procrastination… overdue monthly targets… no job satisfaction… improper employee management… Aren’t these words enough to illustrate what’s wrong in a team? They are. There’s no denial to the fact that poor relationships unfavorably affect work and cause immeasurable damage to company results. Believe me, many people feel reluctant at work just … Read more
Top 5 Tips to Provide Constructive Employee Feedback
Employee Feedback. Doesn’t this term bother you at times? It does. Why? Because employee feedback is an important element of a successful business workflow and you all know it! Though managers and HR people put hard efforts to pat employee’s back and list down the non-performers, it’s just not enough. There’s something more to it. … Read more