According to a Gallup poll, the new average employee tenure is 2-3 years. This is much different from the 3-5 years we have seen in the past and drastically different from companies who have made it the norm to retain lifetime employees or those who stay 15 years or longer. This can make it difficult to spot job stability among candidates, unless we have a strong understanding of what job stability looks like in the current market. The reason for...
The Bureau of Labor Statistics measured layoffs in the U.S. to be close to 1,700 in the month of October which remains relatively consistent with the monthly totals recorded so far in 2018. Layoffs happen across a number of industries for a number of reasons. If you’ve ever been laid off, you might worry about how it could affect your ability to secure your next job. Read about our four biggest tips on how to handle a lay-off in your...
According to business research firm Gartner, employee performance drops by 10% at companies without a performance evaluation process, and less than 5% of managers can effectively manage employees without it. We believe that performance reviews are extremely important—now more than ever. SHRM recognizes performance evaluations as the most important communication tool in an organization. It provides an opportunity to provide feedback on job performance, solve potential performance issues, reward good work with bonus compensation, and set new goals for improvement...
