“Employee turnover” is the number or percentage of workers who leave an organization and are replaced by new employees. According to Gallup, U.S. businesses are losing $1 trillion every year due to voluntary turnover, and the annual turnover rate in 2017 was at 26.3%. In 2018, the Work Institute reported...

Communication tools have become more complex, and each generation’s preferences can be unique. Sometimes it’s good to remember the communications basics. Here’s a great one from our archives, originally published in 2014. As a business owner, nothing is more important than being able to clearly communicate your ideas to partners,...

Increasing your company’s performance depends on many complex factors, but it always requires excellent employee development. In 2019, companies that plan to grow know that they can’t neglect a critical element: their human capital. This is why human capital management trends are of prime importance, and may offer a path...

Recruiting, hiring and training new employees is difficult and expensive. There is nothing more disappointing than losing a new hire, and up to 20% of employee turnover happens in the first 45 days. Employee turnover seems to accelerate with the economy: demand for talent means more opportunity for employees, including...

Work-life balance is becoming more popular to talk about – but it’s more than just a buzzword. The reality is employee satisfaction can be just as good for the bottom line as even the leanest of project management approaches. Check out this thought from the former CEO of Xerox: “Employees...

According to data from the U.S. Bureau of Labor Statistics (BLS), employment typically rises for 16- to 19-year-olds during June, July, and August. Employers considering hiring minors must understand the federal and state laws as they relate to the employment of minors. The Fair Labor Standards Act (FLSA) imposes federal restrictions on...