What Employee Turnover Really Costs Your Company

Employee turnover is inevitable, and while sometimes it can be useful, losing good performers costs you both directly and indirectly. Studies have estimated direct turnover costs per employee to be 25-30% of an individual employee’s salary/benefits package, with hidden costs inflating that figure substantially. How much does turnover cost your company? How to Estimate Turnover Costs […]

Diversity is Important – Here’s How to Promote It

It’s happening right now.  Somewhere in Tennessee, an employee or job applicant is experiencing workplace discrimination. While it’s true that today’s typical workplace may be generally more welcoming and accepting than one of generations past, employees continue to be excluded from certain occupations – regardless of their qualifications and experience. For these reasons and more, […]

After the Interview: 7 Tips to Help you Edge Out your Competition

“Thank you for your time today.  We’ll be in touch soon.” You’ve just walked out of an interview for your dream job.  Things seem to have gone well – you were calm and poised, answered questions intelligently, made appropriate eye contact, and really put your best foot forward. Now what? For many job seekers, walking […]

Performance Management: Tips for More Action and Fewer Excuses

“It is an immutable law in business that words are words, explanations are explanations, promises are promises but only performance is reality.” — Harold S. Geneen If you’ve ever managed a single person, then you know that employees make excuses.  They procrastinate, miss deadlines and blame others when they fail. So how do you get […]

Strategies for Helping Young Managers Succeed

The newbie.  The greenhorn.  The tenderfoot. As if these monikers weren’t burdensome enough, the young manager faces yet another challenge because of his age – namely, resentment.  You know your new manager has the skills and qualifications to handle heightened responsibilities.  But too often, older, more seasoned employees view a fresh manager as a threat, […]

Salary Trends in 2011: the Thaw After the Big Freeze

According to SpendingPulse, Americans spent roughly 5.5% more this holiday season than last. Could it be because they’re expecting pay raises in 2011? Possibly.  A recent Workforce Management article included results from a number of surveys which showed pay increases running as high as 3% in 2011, with an average increase of 2.7%.  After two to […]