Most tech companies don’t perceive employee tenure to be a problem yet. The industry is booming and jobs in this sector keep multiplying by the minute. The downside to all this, however, is that
The phrase "churn and burn" is commonly used to describe an industry's high turnover rate. Based on recent data, it's appropriate to use that phrase when describing the financial services industry. According to a
With the unemployment rate hovering at an historic low of 4.1% and the department of labor reporting average job tenure declining, retaining the employees you have is much more important now than it was
The role played by employees in an organisation cannot be overemphasized; employees are the backbone of any business’s success. The quality of an organisation’s workforce determines the overall performance of such organisation; performance in
In an economy with declining economic conditions, some consulting firms may shift from growth to survival mode, placing clients' needs and people behind. According to a report released by The Barton Partnership, more than
The financial and 'human' impact of Accidents at Work for both employers and injured employees can be immense. Workers who suffer injuries in the workplace not only have to deal with the physical and
The trend towards employees flitting from one job to another caught many industries, sectors, and businesses worldwide off guard and does not look set to change anytime soon. As the younger generations move in
Many businesses, industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. No matter
Digital transformation has rapidly altered the work of company departments. The HR department is among those where this transformation has changed the execution of processes considerably compared to the past few years. The role of
Training is fundamental for any business to improve understanding, skillsets and to encourage employee development. Investing in your employees means investing in your business for the long haul, which is why adequate training can
