Employee retention is critical to the success of any company. The cost of replacing an employee can be significant, so it's important to have systems in place that help you keep your best employees.
What is employee engagement? The definition, the benefits of having a high performing team, and how to improve your employees' overall level of interest in their work.
Globalization is putting enormous pressure on organisations to find new ways to compete globally. The labour market is globalising in the same way. What to do about it?
Human Resources faces many challenges, but which are the critical ones and HR must solve them to sustain the company's long-term existence and ensure its competitiveness.
Competitive advantage enables a firm to outperform rivals via cost leadership, differentiation, or focus. It fosters market share growth, profitability, and long-term success.
Induction training introduces new hires to an organization's culture, policies, and procedures, fostering a smooth transition and enhancing engagement and productivity.
Pay equity audits ensure fair compensation by identifying disparities in pay based on gender, race, or other factors, promoting an inclusive work environment.
Annual bonuses can boost motivation, retention & company success, but clarity, fairness, & transparency are key to avoid dissatisfaction & increased turnover.
Profit sharing schemes align employee interests with company success, boosting motivation, engagement, and collaboration, while requiring careful implementation.
Total Rewards Approach combines compensation, benefits, work-life balance, career development, and recognition to attract, retain, and engage top talent.
Strategic compensation is a long-term approach that aligns an organization's compensation practices with its overall business strategy, including attracting and retaining top talent, motivating employees, and achieving business goals. It involves designing a compensation plan that is competitive, fair, and sustainable, while also promoting employee engagement and productivity.
People may have a negative perception of Human Resources (HR) departments due to their role in enforcing company policies and procedures, as well as for their involvement in employee layoffs and terminations. HR is also often seen as bureaucratic and disconnected from the frontline workers.