Tag: retaining talent
Talent Tip #73: Turnover Turnaround: How To Keep Your Best Employees
November 17, 2015
Talent Tip #73: Turnover Turnaround: How To Keep Your Best Employees
Last month we talked about the six most common reasons for staff turnover in the free-market nonprofit movement. Apparently, we struck a root.
My inbox was deluged with responses such as “Your list was spot on. I recently left my job for reason #4.” and “My best friend just quit his job for reasons 1, 2, and 5.”
While it was disheartening to read some of the emails, I…
Read MoreTalent Tip #72: Employee Turnover: Why Good People Leave
October 20, 2015
Talent Tip #72: Employee Turnover: Why Good People Leave
Last month at the always-amazing State Policy Network Annual Meeting, I had the pleasure of connecting with nonprofit CEOs about some of the common reasons employees leave and strategies for preventing turnover.
It was a daunting task — to stand before a room of accomplished CEOs and tell them what they might be doing wrong. I had nightmares of being pelted with rotten fruit or heckled (remember the
Read MoreTalent Tip #67: The Key to Employee Retention: Convoluted Algorithms or Simple Communication?
May 22, 2015
Talent Tip #67: The Key to Employee Retention: Convoluted Algorithms or Simple Communication?
The Wall Street Journal recently featured an interesting article about predicting impending employee departures based on complicated algorithms.
It turns out some large companies such as Wal-Mart and Credit Suisse are hiring human resources analytics firms to develop intricate formulas that identify which employees might be getting antsy. These company-specific formulas involve a variety of data points, including “job tenure, geography, performance…
Read MoreTalent Tip #68: Ask the Magic 8 Ball: Why do Employees Leave?
March 20, 2015
Talent Tip #68: Ask the Magic 8 Ball: Why do Employees Leave?
Do you remember those Magic 8 Balls? You pose a yes/no question and then turn it over to reveal the answer. My childhood friend and I used to ask the Magic 8 Ball whether the handsome and oh-so popular neighbor boy would ever give us the time of day. We would turn that puppy over 100 times until it told us what we wanted to hear: “All…
Read MoreTalent Tip #41: Work-Life Balance Policies, Part II: A Key to Attracting and Retaining Talent
January 22, 2013
As the fog of Auld Lang Syne and bubbly lifts, you may remember that last month in this space we offered up valuable advice about work-life balance from the good folks at Illinois Policy Institute. The underlying idea was that work-life balance policies help organizations attract and retain their most valuable asset – people.
This month we’re sharing eight more policies an organization should consider if it wants to maximize staff happiness and performance.
Once again, special thanks to Kristina Rasmussen, Executive Vice President of Illinois Policy…
Read MoreTalent Tip #19: Free-Market Karma: A Lesson in Retaining (or Losing) Talent
March 15, 2011
A friend of mine who used to work for a prominent free-market nonprofit recently told me a disturbing story. After he was laid off, he worked diligently to find another job in the liberty movement. During his search, he was shocked by how he was treated by many of our own organizations. Two examples he cited:
He often never heard back from hiring managers after engaging in lengthy interview processes. Even after his own follow-up, he rarely got responses. He received… Read More