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Turnover Is Killing Us!

February 23, 2017 | Online Rewards | HCI

It’s expensive to attract, train, and replace employees: the Bureau of National Affairs estimates that turnover costs U.S. businesses over $11 billion annually. The non-profit workplace improvement organization Catalyst estimates it costs between 50–60% of an employee’s annual salary to replace them, with total costs* as high as 150–200%, depending on their position in the company — and it will take an average of 52 days to do it.

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When it Comes to Hiring Algorithms, Be Sure to Check the Math

February 22, 2017 | Ray Bixler | HCI

From fake news and social media feeds, to the financial markets, and now hiring, the impact of algorithms is being talked about a lot lately. A recent column published by the Harvard Business Review, “Hiring Algorithms are Not Neutral”, highlighted some concerns. The article states that 72% of resumes are weeded out before a human ever sees them. My most recent column in U.S. News & World Report “3 Ways to Make Sure a Machine Doesn’t Judge Your Job Search” focuses on the impact that hiring algorithms can have on job seekers, and this blog post highlights why employers must also be diligent in looking at the solutions they may be using.

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Oh Brother, Where Art Thou Conflict Management?

February 17, 2017 | Aubrey Wiete | HCI

In great leaders, managing conflict begins as a preferred competency and quickly becomes an absolute necessity. As the pace of change continues to increase, diversity and inclusion strategies abound, and world politics affect business and policy, conflict too will grow. Professionals that can effectively navigate this inevitable tension and controversy will set themselves apart.

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A Whole New World… of Learning

February 16, 2017 | Craig Schwipps | HCI

It is well within your reach to achieve profitable growth, engaged employees and properly developed leadership in addition to more within your organization. It all starts with the right investment. An investment in your team. Let’s look at three tips that can help make your business wishes come true.

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Why Source of Influence Metrics Matter In Recruitment Marketing

February 15, 2017 | Elyse Mayer | HCI

Candidates act more and more like consumers in their search – and research – for a career, which means there are more and more touchpoints that influence their decision of where to apply and where to accept an offer. If you don’t understand source of influence, you can’t understand the candidate journey!

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Is It Time Your Organization Bought Into HR Analytics?

February 14, 2017 | Lexy Martin | HCI

Since joining Visier, I’ve been thinking a lot about the value of workforce analytics. I came to this organization because in my prior life as a researcher, my core focus was HR technology adoption and the value organizations derive from it. In fact, a consistent finding from the annual Sierra-Cedar HR Systems Survey (which I managed for 16 years) was that “organizations with workforce analytics outperform.”

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10 Pitfalls to Avoid When Embarking on Succession Planning

February 10, 2017 | Amy Hirsh Robinson | HCI

Succession planning is a focused program of keeping talent in the pipeline for the evolving roles that matter most to companies for the future. With thoughtful dialogue and participation, succession planning can be one of the most effective tools for leadership development and business growth. When handled poorly, it can be a waste of time and other precious organizational resources.

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Independent Contracting under the New Tax Plan

January 24, 2017 | Neal Bhamre | TalentWave

In the year-end scramble to pass the GOP Tax Cuts and Jobs Act, one of the more contentious negotiating points involved provisions for pass-through entities such as sole proprietorships, partnerships, and S-Corps. When the dust settled, the final version created powerful incentives for workers to capitalize on tax savings and jump headfirst into the gig economy.

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Timeless Strategies for Building a Culture of Recognition

January 19, 2017 | Online Rewards | HCI

People are often the greatest expense, and without engaged employees, companies are simply unable to perform at their best. The concepts around employee recognition have evolved from a “nice-to-have,” into a strategic tool that drives business outcomes.

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Maximizing Employee Engagement: Break the Rules and Break Away from the Herd

January 13, 2017 | Harvard Business School | HCI

Let workers rebel! Harvard Business School Professor, behavioral scientist and author Francesca Gino believes letting employees cut loose is the key to find balance between conformity and nonconformity. Once that balance is established, a company’s employee engagement level will soar, and it will stay that way, too.

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Managing the Manager: Providing People Leaders with the Right Skills

January 11, 2017 | SumTotal | HCI

What makes a good manager? The traditional “career ladder” model suggests that managers are chosen from top individual contributors, and then those individuals continue to climb a fairly straightforward path until senior leadership. Today, the role of manager is more than a stop on a career trajectory.

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Developing Effective Global Leaders in a New Age of Learning Tools

January 6, 2017 | BPI Group | HCI

Today’s business landscape is more global than ever before, and organizations must develop internationally-oriented leaders in order to be competitive in the market. BPI group’s Michael McGowan, Managing Director, Leadership & Talent, and John Blyth, Executive Coach, shared their insights on how to identify and develop global leaders to drive organizational success.

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Everything We Knew about the Bell Curve Is WRONG!

December 20, 2016 | Ankita Poddar | HCI

The Gaussian distribution aka the bell curve has unwittingly become the most important mathematical function for HR professionals around the world. It stars in one of the most important HR processes – performance management; and consequently goes on to determine compensation. However, in recent time, more and more organizations have begun to question Gaussian’s presence at the workplace. Meanwhile, there has been an elder brother hiding behind the curtains who is finally ready to steal Gaussian’s limelight.

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Five Things You Can Do to Hire Smart

December 5, 2016 | Bill Catlette | HCI

People the world over are watching intently as a new U.S. presidential administration goes through its staffing up process, taking notes and names as to who’s in, who’s out, who’s on the fence, what the relative merits of each candidate are, who’s calling the ball, the list goes on. One can only hope that the behind-the-scenes process used to vet and select candidates is as serious as the reporting of it.