In the last few months in my travels to lead workshops with clients and to present at various HR and strategy conferences around the world, I’m hearing a repeated refrain about employee retention.
In my (admittedly unscientific) survey of these large, global companies, the importance of culture as a main component of a retention strategy is once again rising to the fore.
Some companies have maxed out their compensation and cannot compete for talent based on pay alone. Others know the only real difference between what they have to offer top talent from the competition is the strength of their workplace culture as an exciting, innovative and appreciative environment.
Or, as a recent Chief Executive magazine article put it: Read more…
Your CEO doesn’t want you to be a human resources leader — they want you to be a business leader with human resources expertise.
While that may just seem like a clever turn of phrase, there’s a growing body of research that supports this concept and HR leaders would be well-served to heed the advice.
Consulting firm Schuster-Zingheim provides research and guidance for HR through direct interviews with CEOs, COOs, and CFOs on how the C-Suite expect HR professionals to align employees with their organization’s future. Read more…
I’ve written a few blog posts in the last couple of months where I noticed I used these two words in conjunction – “Useless Unless.” Two little letters of difference, yet a tremendous differentiator.
Think of the ramifications in real life:
- The fastest car in the world is useless unless you put fuel in the tank.
- The best education is useless unless you put it to work. Read more…
I enjoy Abhishek Mittal’s Mumblr blog.
Abhishek is a senior consultant for Towers Watson, based in Singapore. Recently he shared a case study on XL Axiata, an Indonesian mobile services operator and division of Axiata Group.
In the case study, Xl Axiata explains four key steps they took to create an engaging work environment for employees, including a Performance-Based Culture: Read more…
If present trends continue, this week’s series of blog posts may be an ongoing theme of “isn’t that obvious?”
Yesterday, I shared results of the Parnassus Fund (consisting of companies that treat their employees well and with respect), which performs consistently better than the S&P. Today, I’m sharing an article about Gallup research showing the manager/employee relationship is critical to employee engagement.
I’m sure we’ve all uttered the truism: “People leave managers, not companies.” Well, this is the research to back it up as featured in an Incentive magazine article: Read more…
What drives someone to wear a t-shirt like this?
Just lost his job? Wishes he could retire and play video games all day? Is he a rebel at work and proud of it? Or is it some inside joke and I’ll never know the answer.
Who knows? And, I wasn’t going to ask him that question at 4 am while waiting to get on a bus. Read more…
As long-time readers of this blog know, I like to stay on top of the latest research and news in the employee recognition, rewards, engagement and motivation industries (and there is quite a good bit of it).
And I’m glad I do, because research like this out of Harvard Business School proves the point of a narrow focus being used to paint results much too broadly.
The research working paper is titled The Dirty Laundry of Employee Award Programs: Evidence from the Field. Here’s the abstract: Read more…
All over the news in the U.S. is a story about a cheating scandal in the Atlanta Public Schools.
My understanding of the situation is that some teachers and administrators would gather for “erasure parties” to erase and re-enter correct answers on students’ standardized tests. Now, these educators are being jailed and prosecuted for fraud, and the reputation of the Atlanta Public Schools is ruined.
Why would teachers do this? Because the “No Child Left Behind” education policy rewards schools based on how students perform on these tests, especially for dramatic improvements.
From the news coverage, I understand there were great benefits to the educators making their schools appear much stronger in improving standardized test scores. Read more…
Employee recognition done right is easy, but it’s not simple. An article in Time magazine reminded me of this truism, inspiring me to share with you these three requirements for effective, meaningful and impactful employee recognition.
What You Say
Drive-by recognition or praise is not enough. A brief, “Hey, great job!” isn’t effective recognition. When recognizing or praising someone for their work, be sure your words are: Read more…
First of two parts
As human resource people see it, entitlement is organizational tuberculosis, a wasting disease that saps energy from the enterprise.
When HR and company executives use the term “entitlement” they mean that employees: