HR Strategy & Impact
When it comes to unnecessary business expenses, employee turnover can be the most costly. Companies waste time and money every year trying to replace great employees who have left their organization. The best companies are taking steps to cut back on this expense by implementing strategies to prevent employee turnover. We’d like to share with you 11 proven ways to prevent or reduce turnover in your business.
Creating an effective HR strategy will elevate a business’s culture and positively impact the bottom line. Learning how to properly allocate your human resources and align their incentives with the goals of the company is a sure-fire way to succeed. Dive in to find out what HR strategy is and how to create an effective strategy for your business.
The HR department is no longer considered a cost center, but a revenue generator. HR leaders are making key strategic decisions that have clear, positive, financial implications for the business. The best HR departments are attracting top talent, building company culture, and placing employees in the best position to succeed, all of which add to the company’s bottom line.
The world of HR has adjusted to numerous changes during the course of 2020, and some of these changes are here to stay. The “new” will become the “normal” as we move forward into a world where remote work is more common, equality and fairness are demanded, and personal values and political identity are shared more often.
There are 3 major HR trends brought on by COVID19 that are absolutely changing the way we do business. Working from home, an increased focus on employee engagement, and a company’s ability to leverage the freelance economy are all becoming more critical to the modern business. We breakdown how to incorporate these trends into your company strategy.
Want to make better decisions? Get better data. The HR metrics your company tracks will directly impact decision making in your organization. If you’re not tracking the right things, or if you’re not looking at your data holistically, you might miss opportunities for improvement. Here we break down the 20 HR metrics that every company needs to track.
HR has traditionally been the epicenter of administrative tasks. But as technology automates and simplifies many of these tasks, the HR leaders of tomorrow will be expected to make a shift to strategic HR. They’ll help businesses solve difficult problems through data and process development.
Quotes are often a great source of inspiration, and when it comes to the year 2021, we think everyone could use a little pick-me-up! Here are 10 HR quotes that we found helped us think more introspectively, and get excited about the rest of the year.
A big myth in business is that HR doesn’t contribute to a company’s profitability. Keep reading to see what we think about that. (Hint: it’s totally false)
The one thing nobody can buy more of is time. That makes our use of time one of the most important decisions we make. Here’s how to use your time better and fire the biggest HR time-wasters in your office.
Not only is Disney Plus’s The Mandalorian an example of cinematic genius, but it’s also a great place to learn some HR principles to help you at work if you’re in an HR or management role.
Skipio is a growing SaaS company that takes the famous Clifton Strengths Assessments to heart so they can learn, grow, and excel faster as individuals and as a company. Here’s their explanation of why they are a “strengths-based company”.
SMART goals have helped people achieve success for decades, but it’s time to upgrade them by adding “data-driven” into the mix. Here are 10 ideas for data-driven SMART goals for HR professionals in 2021.
“Culture” is one of 2020’s biggest buzzwords, and there’s a reason for that. Today’s workforce cares about more than salary. We all want to work at a place that we actually enjoy. That’s where culture steps in. To win top talent and increase productivity, you have to add culture to your benefits package.
The word “trend” implies that what you’re talking about will come and go. The importance of workplace culture is not a trend. It’s a growing reality. HR professionals should embrace this reality and reap the rewards or their companies will suffer the consequences.