The Hiblog

5 tips for increasing retention

Great businesses are built by and with great people. If you can't hold onto your talent, you'll feel it in your bottom line. With the world in flux and the future uncertain, we need to keep our people as happy as possible. Employee retention is a key concern for HR, especially while working remotely during a plague. Here are five tips that will help you increase retention, starting now. Five tips for retaining top talent 1. Encourage friendliness across ranks A friendly hello, especially from an unexpected (and higher-up) colleague,…

5 types of employee benefits + 3 surprising statistics

Employee benefits vary across levels, industries, and countries, so it's no wonder it's hard to master the concept! While benefits are supposed to be nice-to-haves, they can be make-or-break for many candidates, especially when healthcare and pension are involved. To help you and your people navigate discussions about benefits and perks, we've explained five of the most common types of benefits. We've also shared three surprising learnings from our report about employee benefits that might help you and your people get what you really want. Five types of employee benefits This…

Metrics that matter for employee retention

Employee retention is, always has been, and probably forever will be a top concern for HR, recruiters, and management. With its associated costs and cultural impact, keeping retention rates high is a way for organizations to save on recruiting and onboarding costs while increasing employee loyalty and trust. Planning an effective retention strategy needs to go beyond analyzing retention rates and explore the factors impacting retention: culture, recognition, personal development, compensation, and loyalty. Let’s explore some of the metrics most impacting retention: eNPSCareer path ratioSalary changeDiversity metrics eNPS for retention…

Remote holiday party ideas for 2020

Jingle bells, jingle bells, jingle all the way. Oh, what fun it is to Zoom Zoom Zoom Zoom Zoom. Hey! Not nearly as catchy as the original—I know. But in this weird world of sweatpants and all Zoom everything, we need to redesign the holiday season to fit our social distanced reality. Let’s look at this as an opportunity to reimagine the holiday season and spirit. How can we make our company celebrations more inclusive for everyone? The boozy Christmas parties of seasons past were fun, sure, but for those…

3 tips for attracting top talent

Great companies are run by great people. Without investing in hiring and retaining top talent, you won't be able to achieve big dreams. Retention has historically been a major concern of HR, and rightfully so: high turnover drains morale, hiring budgets, and available talent pools. Want to keep your culture healthy, employer brand positive, and employees satisfied? Check out (and take advantage of!) our three tips for boosting employee retention. 1. Encourage communication Want employees to give you their best? Make sure you want to hear it! From junior employees…

A-Z of employee communication

Strong communication practices have always been important but now that we're all working remotely, they can be the make-or-break factor for successful team dynamics. To help you keep your managers and teammates up to speed with your organization's communication culture, we put together a fun A-Z list of best practices for good communication. A is for actions Words are good, but actions are better. Make sure your people understand the value (and impact) of their actions and non-actions. None of us are working on an island; to succeed, we need…

Metrics that matter: salary average and salary change

We work hard for the money, don’t we? It’s almost impossible to talk about work without bringing up salary. What we’re paid is supposed to be representative of our employer-defined worth—and, on a larger scale, how the employer values their workforce. Salary average and salary change are both important HR metrics for measuring how the workforce is compensated as a whole, or in large groups. For companies competing for talent—we see you, EPD recruiters—salary average can help you understand your market position for recruiting. And for those fighting to retain…

How to create a more effective meeting culture using agendas (plus templates!)

HR leaders hold unique power. You can influence every part of your organization and its culture—and its processes, including meetings. Running effective meetings is always important, but especially in our new video-call-dependent work environment. Your influence on organizational culture puts you in the position to create an inclusive, productive meeting culture, one conducive to helping employees communicate, collaborate, and connect. Allow us to introduce the meeting agenda: a tool for reducing meeting creep and Zoom fatigue, ensuring that all voices in the meeting are heard, and keeping meetings on track.…

HR metrics that matter: employee growth rate

In this strange world, where it can feel like we’re treading water trying to stay afloat day by day, it can be hard to imagine planning for the future. Lockdowns begin, lockdowns end, and after seeing our world come to a screeching halt once already, who knows what the future holds? But to keep our heads above water, we need to make an effort. We need to keep looking ahead and do our best to plan for an uncertain future. Employee growth rate is an HR metric measuring your company’s…

Performance management needs to include learning and development

Why do we work? Most of us need a source of income, sure. But what else?  We want to develop passions and interests; meet like-minded people; grow our knowledge and skillsets. Grow as people. That’s why our jobs are usually more than just what we do for a few hours a day—they’re part of our lives and identities. And when we feel like we’re growing and developing, we’re more likely to stick around at our jobs, perform better, and achieve better business outcomes. According to a study published in the…

3 reasons you should prioritize employee recognition

When your focus is building successful teams that work together as a seamless unit, it might feel counterintuitive to single out employees for their accomplishments. But to keep every part of your team moving, you need to address each of them individually. Employee recognition is the act(s) of publicly and privately acknowledging individual achievements, and it's critical to increasing your business' bottom line. Here's how. Recognition and engagement are tied Engagement is known to be an important element of culture, productivity, and ultimately bottom-line results for your business. How does…

A metric that matters: salary range penetration

What should you be getting paid? It’s a tough question to answer. From the dreaded job application question about your preferred salary to annual or biannual salary reviews, however, you’ll have to assign a dollar value to your work. Too high and you risk losing everything; too low and you risk underselling yourself. How do you know what’s right? Working in HR, you’re in the position to make sure all of your people are being compensated fairly and equitably. Understanding each employee’s salary range penetration will help you do that.…

What’s the connection between onboarding and retention?

Get this: 64% of employees are likely to leave a new job within their first year after having a negative onboarding experience. I bet that shocking number makes you think about your organization's onboarding experience and how your employees respond to it. Our latest study of the state of employee onboarding, as told by 1,000 employees across the United States, gave us insight into what employees hope to get from onboarding and what they need from us in order to succeed. Here are our three major findings: #1: Employees feel…

Metrics that matter for succession planning

Every employee matters. That’s why we invest so much in recruitment and retention: because we know that every talent we bring in is valuable. So, when an employee departs, whether voluntarily or involuntarily, they’ll leave a hole—responsibilities that need to be covered to keep the business running smoothly. Succession planning, defined by SHRM as “a focused process for keeping talent in the pipeline,” is a safety net for your organization. Investing in succession planning is an investment in your people and teams, building an action plan that will last long…

3 company best practices for increasing remote work productivity

Staying productive in the age of distraction is a constant struggle—especially when the kitchen is a few steps away. How can we get anything done when we are always being interrupted by push notifications and barking dogs? It's possible, but to get everything done we have to become more aware of how to structure our time. To help your remote teams stay productive, you can work on a company level to create a more supportive culture. Adopting these three practices will help your people across the organization stay motivated, engaged,…