How to Build a Fair and Equitable Compensation Plan
Every company needs a compensation plan to attract and retain top talent. The compensation plan consists of a method for compensating employees including direct and indirect compensation for services rendered. Direct compensation includes hourly pay, salary, bonuses, and commission, while indirect compensation includes but is not limited to insurances (e.g., medical, dental, vision, life, and […]
How to Retain Employees: Strategies
Good retention strategies result in increased productivity, performance, quality of work, and the bottom line. Employees are more engaged and committed to the mission of the organization. When employees enjoy working for an organization that values them, turnover is decreased. Four critical elements of retention include creating a positive culture, recruiting and hiring highly-qualified employees, […]
Discover Your Personal Brand
Every person has a unique set of skills, experiences, values, and behaviors that define your personal brand. Archetypes are a universal framework of behaviors that can be used to package and promote who you are through stories. Everyone can benefit from personal branding, especially entrepreneurs, freelancers, job seekers, and young professionals to name a few. […]
Do you have a revolving door?
Employees leave their jobs for many reasons. Some reasons include life events that are out of your control such as a spouse that was transferred or a new lifestyle when children are born. However, many reasons an employee leaves is in the employer’s control. According to research, the number one reason an employee will seek […]
Using Talent Analytics to Inform the Hiring Process
Using talent analytics, a systematic analysis of workforce data, to inform your hiring process reduces costs. Talent analytics help to make the hiring process more effective and efficient, improves the quality of the hire, and reduces turnover. The first step to improving your hiring process is to identify the current skills in the organization. An […]
Use Data to Inform Recruiting Sources
What are recruiting sources? Recruiting sources are divided into internal and external sources. Internal sources include but are not limited to employees’ ability to refer candidates, an internal career path for employees to advance or transfer to higher-paying positions within the organization, a database of previous applicants interested in working at an organization, and apprenticeships […]
Using Data to Develop a Diverse, Equitable, and Inclusive Talent Brand
If you are a company that is struggling to find or retain quality employees, begin with developing a talent brand, a recruiting strategy that focuses on the employee experience. This is where the employees’ values, beliefs, and attitudes align with the company’s vision, mission, and core values. The best way to determine employees’ values, beliefs, […]
Deepen Diversity Conversations with Archetypes
What are diversity, equity, and inclusion? Diversity is a group of people who have unique differences. Surface-level diversity includes demographic traits such as gender, age, race, ethnicity, education level, etc., while deep-level diversity includes values, beliefs, and attitudes. Equity in the workplace is when all employees have access to the same opportunities such as a pay raise system. Workplace inclusion ensures that all […]
How do you Acquire Best Talent
Two questions to ask yourself about attracting the best talent is: Do employees enjoy working here? And, who knows about this company? Take Google for example. Thousands of applicants apply to Google every month. They know the company Google and they know that Google is a great place to work because they have a positive […]
The “New” Workforce ?
The recent work from home surge, reminded me of when personal computer use started gaining momentum in the 90s. I started thinking in two distinct avenues of thought. One avenue was the “old” way and the other was the “new” way. The question was can I do the same the “new” way and is it […]
