Tag Archives: talent retention

The Evolution of Work and the Changing Nature of the Global Workplace

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A generational workplace shift is currently underway and it’s having a big impact on the way organizations work and engage their employees. Millennials, employees born between 1981 and 1997, are now the largest generation in the U.S. workforce, according to the Pew Research Center. They have different assumptions and expectations about work, and wise organizations should adapt quickly to the multiple challenges that arise in retaining and developing a younger-skewing workforce.

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Learning and Development Spending Soars Again as Organizations Invest to Close Skill Gaps

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Overall training spending surges 10 percent; many learning organizations shift their focus to better address the needs of the business and learners. To address the ever-widening talent gap in a job market where organizations compete heavily for skilled talent, overall spending on learning and development (L&D) rose 10 percent to $1,004 per employee in 2014, according to new research from Bersin by Deloitte, Deloitte Consulting LLP. The 2014 findings mark the fifth consecutive year increase and appear in Bersin by Deloitte’s new industry study, “The Corporate Learning Factbook 2015: Benchmarks, Trends and Analysis of the U.S. Training Market.”

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30 Ways to Make Your Employees Happy

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Happy employees are key for a business to thrive, and as this infographic shows, there are many ways to achieve content, motivated and engaged employees. With tips on how to create the best working environment, ideas on what incentives to offer to boost employee well-being and tips on how to make employees feel valued; this new infographic takes a look at simple, yet effective ways to increase employee happiness.

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Study Reveals Strong Link Between Employee Engagement and Employee Perceptions of Total Rewards

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Honest Leader Communication Also Influences Engagement With rising health benefit costs and relatively flat wage increases deflating employees’ perceptions of their work environment, new survey data from Aon Hewitt, shows a strong relationship between employees’ perceptions of their Total Rewards package and their overall engagement levels. Aon Hewitt recently surveyed more than 2,500 U.S. employees at mid-size and large U.S. employers to determine their perspectives and attitudes about their employment experience―including values and culture, work environment, engagement, total rewards and communication.

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One-Quarter of CFOs Have Lost Good Employees to Companies Offering Higher Compensation

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The U.S. Bureau of Labor Statistics recently reported 2.7 million people quit their jobs in February, up by nearly a quarter million year over year, and separate research suggests below-market compensation could be one of the causes of continuing turnover. In a new survey from global staffing firm Robert Half, one in four (25 percent) chief financial officers (CFOs) interviewed said he or she has lost a good employee in the past year to a job that paid more. This comes on the heels of previous Robert Half research, which found salary was the top reason people quit their jobs.

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Talent Trends Study Reveals the Business Factors Driving HR Transformation

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Insights on the Trends Shaping the World of Work and the Implications for HR and Talent Management Randstad Sourceright, today announced the release of “The Randstad Sourceright 2015 Talent Trends Report,” an overview of the top 25 workplace trends that will shape talent management in 2015 and beyond. A number of challenges have come to the forefront in 2015, including macroeconomic issues impacting business growth, skilled talent becoming increasingly scarce and business leaders recognizing the need for HR to take on a more strategic role. In the midst of these obstacles, HR professionals must affirm their ability to deliver essential knowledge and services to keep their organizations ahead of the competition. But to achieve this goal, HR must understand the trends and most pressing issues facing workers and employers alike and how they can be addressed successfully.

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Global Organizations Face Looming Crisis in Engagement and Retention of Employees

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Lack of employee engagement is the top issue currently facing 87 percent of HR and business leaders (up from 79 percent last year), according to Deloitte’s third annual “Global Human Capital Trends 2015: Leading in the New World of Work” report released today. Yet, the majority of organizations are still failing to take action to improve their culture, potentially jeopardizing future growth.

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Eight Reasons Why Being CEO in 2015 Will Be Tougher Than Ever Before

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“As CEOs charge into 2015, the top of their agenda is dominated by threats and opportunities taking on a greater urgency than ever before,” says Stephen Miles, CEO of The Miles Group and adviser to global chief executives, boards, and corporations. “From managing the demands of their boards and activist investors to effectively leading a sprawling global organization, the CEO’s job has never been tougher.”

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Business Needs to Reset its Purpose to Attract Millennials

Business should focus on people and purpose, not just products and profits in the 21st century according to Deloitte Touche Tohmatsu Limited’s (Deloitte Global) fourth annual Millennial Survey released today. This and other findings from the survey suggest businesses, particularly in developed markets, will need to make significant changes to attract and retain the future workforce.

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