We're always working to make it easier for you to get your employees excited about events, learning more about your mission, and saving you time when planning volunteering and corporate activities.
This month, we're launching a new monthly webinar so you can hear all about the new features and the customers that are using them, Presented by our Customer Success and Product Management teams, the webinar will feature a demo as well as questions and answers from the audience.
At this live Webinar Tuesday, March 19, be among the first to see new capabilities!
There are many reasons your HR department might be required to employ a corporate volunteering program. Examples include increasing employee engagement, attracting more millennials to your company, and enhancing your corporate branding.
Lost Employees are Costing You
The Work Institute issued its findings into a one-of-a-kind report into employee retention last year, and the results are probably not that surprising to HR professionals across America. They estimate that almost one in four employees are leaving their jobs.
It is generally understood in business management that lower employee turnover rates yield more profit. There are situations, however, when a business may have an intentional high employee turnover rate.
Low turnover rates fall in the category of good business practices. It is a reassurance that the employees hired value the company they are working for. And if KPIs are being met, the company knows they have a valuable employee and do not need to spend money on replacing and training a replacement.
Are you organizing a corporate volunteering program? Selecting someone to lead the program is likely on your To-Do list! This is a terrific opportunity for someone in your organization to develop crucial skills that will help them further their career. Consider selecting a promising executive as your leader as it will give them a safe place to develop managerial skills.
Your first step in the process of choosing a leader should be to draft a position description to spell out the expectations. Include specific duties, time expected, and qualifications required just as you would for salaried positions in your company. Do not select someone as a leader of your program that does not meet the requirements you spell out.
Training, company culture, employee retention, employee recognition; these are just some of the many terms that are swamping around the concept of employee engagement. Many sources out there will try to sell you information and tell you that employee engagement is a mysterious space that requires a lot of knowledge and attention. I’m not here to feed you a shameless plug. I’m here to tell you that a significant portion of the information out there is complete garbage and that you can improve your employee retention strategies with little to no investment(s). The best part is, you can start implementing these tips today.
It’s 2017, which means if you don’t have an employee retention plan you may be headed down a long and challenging road of high turnover and unfulfilled employees. By 2020 it is expected that 60% of the workforce will consist of Millennials. Due to the Millennials’ values and beliefs, traditional workplace environments will have a hard time retaining, and even recruiting young talent. Millennials naturally want to feel valued and connected to a company that has a clear vision to make a positive impact. Millennials are often considered as a lazy generation to the ones before it. However, what sets Millennials apart, from any other generation, is that they are the age of collaboration. Millennials love to collaborate with one another on meaningful work. Work that gives them the freedom to choose the best direction for the company they work for. People want to feel that they are apart of a team, not just a regular employee.
Challenges with a Pet Policy at Work
There’s a saying that says you can’t please everyone. This goes for pretty much any individual, especially employers. As an employer, one of the biggest challenges you can face is making your employees feel as if they bring value in a workplace environment. After all, what’s the key to improving employee retention? Making employees love where they work. By 2020, approximately 60% of the workforce will consist of Millennials. As an employer, this can either be a good thing or bad thing. For those that stick with traditional workplace values, turnover rates may become a problem. But, what about those companies that decide to evolve as the workplace evolves? Well, they’re in for a treat. Companies that truly understand the values that Millennial’s possess will notice that retaining employees will become easier than ever.
Obstructions in Reducing Turnover
You’ve heard the positives and the negatives of turnover rates. You’ve probably even been curious on how it can affect your business. Most of the time businesses don’t speak about the true costs of employee turnover. In fact, the cost is largely hidden. The expenses don’t show in your loss and profit statements, and they are virtually hidden when it comes to company budgets. So how is this mysterious entity actually causing you harm?