Sharing feedback with employees is an important part of employee development. Professional growth often comes from receiving feedback from supervisors, company owners, and even their peers. Having an engaged workforce is a key element to building a successful company. One of the best ways to keep employees engaged is to ask them for [...]
There’s no doubt that the legal industry is undergoing a transformation. In March 2018, the U.S. Bureau of Labor Statistics reported the legal sector lost about 1,400 jobs in the months of January and February alone. Increased competition and poor recruitment policies are just some of the reasons for the decline in legal staff retention. [...]
You’ve heard about employee recognition programs and you’ve read all the statistics about how useful they are to business development. You already know that an employee recognition program can help you manage staff turnover and improve employee relationships and that they enhance your company culture. Yet, you are holding back from [...]
Did you know the employee turnover rate in the hospitality industry has reached a record high of 95%? For this reason, one new job opens up in the hospitality industry every 2.5 seconds. With such an influx of new jobs, you might think that finding employees to fill the jobs is easy. Unfortunately, it is not. Even though the hospitality is [...]
A happy workforce is typically a thriving one. Employees who rate their overall job satisfaction as “high,” perform better, are more loyal to their company and produce higher quality work. A Columbia University study showed that the likelihood of job turnover at an organization with rich company environment was 13.9 percent, whereas the [...]
Employee turnover hurts. Not only does it create staff shortages, but it also costs restaurants significant amounts of money each year to advertise, interview, and train new employees. In a study by Cornell University’s Center for Hospitality Research, it is estimated that it costs businesses $5,864 for every employee lost. For the second [...]
Having employees that are inspired and motivated is crucial to the success of your business. The ability to encourage employees and give them the tools they need to be excellent is a skill that must be learned over time. “Inspire Employee to Excellence Day” is the perfect day to practice your skills as a leader and motivator.
Every individual at the workplace shares a certain relationship with his fellow workers. Human beings are not machines who can start working just at the push of a button. They need people to talk to, discuss ideas with each other and share their happiness and sorrows. An individual cannot work on his own, he needs people around. An isolated [...]