Helping New Workers Achieve Financial Security
It’s a challenge for any company to attract top talent. This primarily rings true in a competitive labor market where unemployment sits at roughly 3.7%, the lowest in nearly 50 years.1
It’s a challenge for any company to attract top talent. This primarily rings true in a competitive labor market where unemployment sits at roughly 3.7%, the lowest in nearly 50 years.1
It’s long been a perception in some circles that the corporate fat cats don’t have the best interests of the working man (or woman) in mind. But, what if that group of fat cats included those workers? That is, in essence, what Massachusetts Senator Elizabeth Warren has been proposing.
There is no shortage of studies supporting a causal relationship between employee engagement and business performance. To cite just one recent Gallup study, higher engagement can be linked to better performance across multiple metrics such as sales, productivity, profitability and EPS growth.
It’s long been a perception in some circles that the corporate fat cats don’t have the best interests of the working man (or woman) in mind. But, what if that group of fat cats included those workers? That is, in essence, what Massachusetts Senator Elizabeth Warren has been proposing.
As you know, it’s really tough to find great talent right now. In a super tight labor market, the old ways of hiring no longer hack it. Danny Iny—author of Leveraged Learning: How the Disruption of Education Helps Lifelong Learners and Experts with Something to Teach—offers eight tips to improve your chances of finding a […]
In a previous post, we discussed that 31% of U.S. employees—in a recent Beqom survey—feel they are not being paid fairly based on age or race, while 48% believe women are underpaid relative to men.
The growing economy and low unemployment rate have created an unfortunate side effect for many organizations—increasing employee turnover. In July, 3.58 million Americans quit their jobs, the largest percentage in 17 years, according to Labor Department data. The proportion of workers quitting their jobs, known as the quit rate, reached 2.4%.
High-quality talent is hard to come by and even harder to keep. With low unemployment and a generation of reliable, experienced workers pondering retirement, competition for talented employees has become the stuff of sleepless nights for chief human research officers.
In a tight labor market, employers are constantly looking for new ways to attract and retain top talent. Many companies offer generous benefits packages, flexible work hours, and other incentives. But data consistently show that financial compensation in the form of salaries and bonuses still represents the biggest draw for many employees.
Employee productivity and satisfaction are closely linked in both positive and negative ways. Data have repeatedly shown that employees with high levels of job satisfaction tend to be more productive. Employees who enjoy their jobs tend to work harder, longer, and smarter. At the same time, many efforts to boost employee productivity can have a […]