We are currently living in the era of customisation. There are many different ways people today can personalise their experiences, whether it be using recommendation engines or tailoring apps. It would of course make sense in the current climate for companies to start customising employment offers. In most companies, recruiting for a role usually means …
Employee turnover is a fact of life. It is however, a costly fact of life. An article by Suzanne Lucas in Inc. has estimated that it can cost up to 150% of salary to replace an employee that has left. This estimate includes recruiting and training a new hire as well as loss of productivity …
In a market that is picking up, good candidates are hard to attract. A large part of their decision making process will be based on how they were treated during the hiring process. Studies have shown that clear and unambiguous communication throughout the hiring process means that even if a candidate does not get the …
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As the age-old adage goes ‘people don’t quit their job, they quit their boss’. And yes, this is the case for many people. However, in a HBR article by Lori Goler et al. other factors come into play. They carried out an engagement survey at Facebook and what they found was that, the reasons for …
A recent research paper by MIT Sloan which is based on the talent management strategies of 33 multinationals with assistance from INSEAD, Cambridge, Tilburg and Cornell has come up with six guiding principles when setting up or reviewing your talent management strategy and its outcomes. In short, the best in class outcomes where achieved by …
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