Hard Facts about the Correlation between Engagement and Retention

August 23, 2010

TweetIn a recent study by PeopleMetrics, Engagement Strategies’ preferred research vendor, they discovered that turnover in the highest engaged departments of a financial services firm they surveyed was at 6% versus 10% in the departments with the lowest engagement.  According to PeopleMetrics’ data, the cost of turnover is about 1.2 times the average annual salary [...]

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23 Signs of an Employee Engagement Issue

August 23, 2010

TweetCertain types of comments overhead throughout a company are red-light indicators that the organization has an employee engagement issue. Have you heard any of these recently at your workplace? From senior executives:  Nobody seems to understand where we’re going or why. This merger <or change effort, acquisition, buy-out, restructuring, etc.> is not going well. My people just [...]

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Workplace in Transition – More Are Quitting!

August 23, 2010

TweetThere’s an interesting and informative read from the WSJ this week about the fact that February marked the first time since October 2008 that the number of employees voluntarily quitting surpassed the number being fired or let go (statistic courtesy of the Bureau of Labor Statistics). Some highlights and quotable quotes from the article include:  [...]

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Your Best Hiring Strategy is a Retention Strategy

August 23, 2010

TweetI read an article recently that said that in the three years following the end of the last recession in 2001/2002, approximately 60% of employees voluntarily leaving companies were high-level performers. This does not augur well for companies as we begin to emerge from the current recession, which is infinitely more severe than the last. [...]

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Recommended Read on “Raising Engagement”

August 23, 2010

TweetTerrific cover story in the May issue of HR Magazine written by Adrienne Fox. The article provides a very compelling case for the tight correlation between organizational success and high levels of employee engagement.

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Ensuring Employees Ignore You: A Leader’s Guide

August 23, 2010

TweetA real quote from a real CEO of a Fortune ranked company: “Don’t field an employee survey—we may need to do something.” You’re doing a great job already of alienating everyone. Here’s how to finish the job: 1. Presume you’re right. 2. Don’t listen. 3. Don’t investigate. 4. Establish more teams and committees. 5. Launch [...]

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Strategic HR in tough times: Employee engagement as a competitive edge

August 23, 2010

TweetHistorically, in many companies, HR was considered an afterthought—a back-office corporate support function, more a necessity than a value-adding partner. Executive perception of HR’s job was to handle comp and ben, hire and fire and support necessary chores like open enrollment and organize corporate events for employees. This attitude was exacerbated by the perception that [...]

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