Day: July 29, 2006

Here is a follow up to the previous post. ‘Career Path’ Programs Help Retain Employees discusses efforts by companies to retain workers. Some strong points: Most career-path programs outline promotion possibilities and offer training in required skills. Some employers also offer career-planning sessions. Leigh Branham, a human-resource consultant and author of “The Seven Hidden Reasons Employees Leave,” says training is particularly appealing to younger workers, who are more likely to jump ship. A real-world application: Each new hire requires 158 hours of training, at a cost of roughly $7,000, according to Purdue. So keeping workers even a little longer can mean big savings. At Huntington Bancshares, 75% of the call-center… Read More

The modern employee can easily track sales opportunities. Job board search agents, Google agents and RSS feeds do most of the work. With that in mind, read this monster.com article – Are You Underpaid? Some highlights: Keep One Foot in the Job Market “The best way to know your value is to be on the market” — even if you aren’t looking for another job, says Lee E. Miller. The best practice for this topic is to assume your employees are aware of other opportunities and may even be considering them as you read this post. Good advice from the author: Is Pay Really the Issue? Finally, step back and… Read More