HR Digest

OCTOBER 24, 2023

Image credit – Freepik) A work-life balance, meaning a balanced experience of your career and the rest of your life, should be the natural state of matters as most of us work to be able to provide good lives for ourselves and our families. This leaves us full of work-life balance ideas, chasing a packed schedule with no actual net gain.

Tips 119

Tips Learning-by-Doing Stress Long-term 119

Harvard Business Review

MARCH 6, 2017

Some were employees who moved into a new role but stayed at the same employer — for example, a junior accountant who switched into a job as accounting manager. As they assume new responsibilities on their upward paths, compensation should rise along with career arc. And that suggests an easy solution. Pay Matters.

Career 15

Career Video Attrition Long-term 15

Modern Servant Leader

OCTOBER 9, 2012

It makes them better personally, improves their loyalty to the organization because they feel they are valued as employees, and it reduces attrition, which in turn saves companies money. Here are a couple examples: A. I intend to do further research on these companies to increase the number of examples in my presentations.

Servant Leader 242

Servant Leader Mission Statement Greenleaf Leadership 242

Harvard Business Review

OCTOBER 3, 2016

While the days of retiring from one company after a 40-year career may be long gone, many believe that the pendulum seems to have swung far into the opposite direction. In July, for example, voluntary turnover reached a level not seen since the pre-recession days of 2007, according to the Bureau of Labor Statistics.

Company 12

Company Attrition Loyalty Career 12

Harvard Business Review

AUGUST 8, 2016

to understand the relationship between how organizations talk about diversity and the rates of attrition of associate-level women and racial minority attorneys at these firms. We first studied the public diversity statements of 151 big law firms in the U.S. One appeal is to differences and how differences are important.

Diversity 8

Diversity Attrition Bottom-up Business Objectives 8

Harvard Business Review

MARCH 24, 2017

One of the costs of a weak or negative culture is voluntary attrition, or employees choosing leave. By investing in culture early on, one would expect that voluntary attrition would be lower, and our research corroborates that. For example, if a CRO or CTO leaves a young company, it can cripple the organization.

Morale 12

Morale Attrition Early Adopters Benchmarking 12

Harvard Business Review

MAY 16, 2018

For example, McDonald’s has an online FAQ about how the company’s food products are made, while Southwest’s Transfarency initiative aims to give customers a clearer picture of the total fare they will pay, with no unexpected fees. a record low, creates the perfect storm for employee attrition. Juj Winn/Getty Images.

Reputation 12

Reputation Brand Attrition How To 12

Harvard Business Review

JULY 28, 2014

This summer, a milestone crept up on me—I realized it’s been twenty-five years since I began my career as a professor. I began my career at Louisiana State University in August of 1989. Technology has now made his advice relevant to virtually every person beginning a career. As newly minted Ph.D.s,

Attrition 11

Attrition Career Reputation Advice 11

Harvard Business Review

NOVEMBER 26, 2018

Today, about 35% of physicians are women , and the representation will only increase as women—who constitute over half of new medical students —proceed through the career pipeline. Another way to think about the size of the effect is to consider only first-year cadets, who have the worst attrition rates.

Attrition 8

Attrition Class Company Mentor 8

Harvard Business Review

JANUARY 31, 2017

What are their attrition patterns? It didn’t find attrition immediately after maternity leave, but there was a previously unseen pattern of departures 12–18 months afterward. Among working parents, this practice is particularly dangerous, leading to burnout, family issues, performance decline, or attrition.

Organization 8

Organization Attrition Performance Review Human Resources 8

Harvard Business Review

MAY 3, 2017

Take these examples: A client assumes you are in a subordinate role because of your age. For example: “I was dining with my co-workers when two gay men walked by. For example: “I’m the only woman in a team of ten men. Bias at work can be overt and insidious. It can be shocking and enraging. He was exasperated.

How To 14

How To Diversity Attrition Examples 14

Harvard Business Review

JUNE 19, 2018

For example, women do not achieve promotions or advancement to leadership positions at the same rate as their male peers. Evidence shows that women in academic medicine experience greater challenges finding mentors and sponsors than men, and that this gap likely contributes to career disparities. Implicit gender and maternal bias.

Policies 13

Policies Leadership Mentor Career 13

Harvard Business Review

JUNE 30, 2017

This is a particularly acute issue at the entry level, where employers have come to accept that high levels of attrition and low levels of productivity and quality are normal. For example, in the U.S. For example, out of 30 activities that a nurse assistant may do in their day, only seven are truly breakdown activities.

Training 11

Training ROI Attrition Metrics 11

Harvard Business Review

OCTOBER 10, 2018

However, numbers remained persistently low, and in all three organizations attrition was high, especially among junior women. We asked them about their day-to-day experiences of work, opportunities for career progress, and how they overcame the challenges they faced. They conformed to “unchallenging” gender stereotypes.

Engineering 8

Engineering Management Career Attrition 8

Harvard Business Review

MAY 19, 2017

However, when we analyzed the annual employee survey data specifically for high-potential, mid-career women who regrettably left the firm, we found the lowest scores were around the statement “I am satisfied with the apprenticeship and feedback I received.” Retention of women in mid-career levels is now at parity with that of men.

Diversity 10

Diversity Consultative Attrition Survey 10

Harvard Business Review

MAY 20, 2014

First the bad news: most of those employers aren’t doing much to provide their new hires with the training and support they need to get their careers off to a strong start. Take the example of social media. Here, a good example might be early training in data analysis and visualization. Build on what they already know.

Training 10

Training Attrition ROI Talent Management 10

Harvard Business Review

AUGUST 19, 2013

Specifically, (1) professionals are concerned that they will look less committed to their careers if they opt-in to flexibility policies and (2) they fear placing an extra burden on their already overburdened colleagues. A key aspect has been the development of Academic Biomedical Career Customization (ABCC).

Planning 8

Planning Policies Attrition Banking 8

CoachStation

AUGUST 26, 2022

We’ve also learned that one in two employees have left a job to get away from a manager and improve their overall life at some point in their career. The fact that you are taking the time to read this blog is a positive example. At CoachStation, we believe this figure to be much higher, in fact, more like 2 in 3 employees.

Motivation 130

Motivation McKinsey Attrition Influence 130

HR Digest

JANUARY 24, 2020

Should it be on reducing attrition for people of color? For example, if leaders only use binary descriptors in their day-to-day language and communications, their efforts to create an inclusive environment might not succeed. A global manufacturing company knew they needed to make progress on their diversity and inclusion goals.

Diversity 128

Diversity Benchmarking Analysis Attrition 128

Harvard Business Review

DECEMBER 2, 2013

Consider, for example, the bathtub. In addition, attrition in the early-career professional ranks was significantly higher than that for longer-service employees. Nor are we talking about the typical human-resources metrics, which evaluate how efficiently the HR department is performing its administrative tasks.

Company 8

Company Human Resources Human Capital Engineering 8

Harvard Business Review

AUGUST 25, 2015

We’ve all heard by now that productivity decreases with overwork, while attrition and health care costs increase. A notable example is Bartlit Beck Palenchar & Scott, which handles high-profile trial work; it led the British Petroleum National Oil Spill Commission for the Obama administration. But that’s just not true.

Real Estate 8

Real Estate Attrition Entrepreneur Business Model 8

Harvard Business Review

OCTOBER 25, 2017

Selling products limits the revenues you can make from clients: Unless you are innovating and continually updating your product offering, customer attrition tends to be high, and incentivizing repurchases can be hard. For example, Philips sells high-tech medical devices. In the past it sold them simply as products (and it still does).

Project 8

Project Productivity Products Health Care 8

Harvard Business Review

MARCH 26, 2015

CTO Darlene Solomon gives two examples of solutions at Agilent, “Key to making this happen is an investment in telepresence across all R&D sites and very standardized product development life cycle process.” They encourage global engineering through the right processes and tools.

Offshoring 8

Offshoring CTO Company Engineering 8

HR Digest

JUNE 24, 2023

By leveraging predictive analytics, organizations can forecast employee attrition, determine training needs, and predict future talent demands. By analyzing data related to employee satisfaction, engagement, performance, and career progression, HR professionals can identify the drivers of turnover and take proactive measures to address them.

Metrics 98

Metrics Trends Compliance Analysis 98

Harvard Business Review

MAY 28, 2015

Before we redid the course, SEAL sniper school had an average attrition rate of about 30 percent. Lead by Example. The most important training behavior a leader can demonstrate, he asserts, is leading by example. I’ve seen it happen, and careers ended when it did.

Training 8

Training Education Incentives Leadership 8

Harvard Business Review

OCTOBER 16, 2018

And let me just give you an example of how we do that. We measure attrition numbers and patterns. A company that’s growing must be able to retain its talent and show them different career paths. We also do a lot of analysis around help tickets that are being logged and what employees are struggling with.

Technology 10

Technology Consultative Content Human Capital 10

Harvard Business Review

NOVEMBER 17, 2016

For example, an analysis by Jonathan Hall at Uber and Princeton economist Alan Krueger found that 51% of Uber drivers work 1-15 hours per week, and 30% work 16-34 hours per week—while 12% work 35-49 hours per week, and 7% work more than 50 hours per week. In the U.S., But research has found that most of these drivers work part-time.

Motivation 8

Motivation Survey Incentives Attrition 8

Harvard Business Review

AUGUST 24, 2018

To be sure, the program is open to anyone who is interested, and with that comes a high rate of attrition. Overall, students join OHUB to level up their technical and nontechnical skills to access careers in tech, identify entrepreneurship resources, and tap investment opportunities.

Incubator 8

Incubator Company Technology Attrition 8