Aside from ushering in a higher ROI, adopting workforce management software can promote team members’: Engagement Motivation Morale Efficiency Satisfaction Sense of purpose It’s critical to keep your team members engaged to retain top talent, which can be especially challenging in the job seeker’s market, propelled by the popularity of remote work. One worthwhile way […]
Employee retention is top of mind for many industries these days, but it’s especially important for organizations in the financial and professional services industry. According to LinkedIn, professional services – including the nation’s largest accounting firms – have a turnover rate of 13.4%, the highest of any industry. In comparison, the national average turnover rate […]
According to recent data, a whopping 98% of employees reported that they’d like to work remotely at least part of the time. Many employees also want the option to work hybrid. What was once considered a temporary solution to a worldwide crisis is now, to some degree, expected and part of the “new normal.” So […]
U.S. Census Bureau figures show the number of Americans working from home tripled between 2019 and 2021, from 9 million to 27.6 million. Many are navigating an unfamiliar landscape with few road signs to help them steer. The profusion of devices we all use, from mobile phones to tablets and laptops, adds to the problem. […]
In 2021, over 47 million Americans voluntarily left their jobs. COVID-19 escalated the exodus from many industries, especially those involving customer service. As a result, businesses across the country have had to scale back operations because of employee shortages. Anyone involved in workforce management should be concerned. The pandemic can’t take all the blame for […]
The style of communication used by a business, whether formal or informal, is determined by company culture. The shared values, attitudes, and actions of a company and its employees define company culture. The culture affects the way team members interact with customers and with each other. It also determines how decisions are made and communicated. […]
In business, you won’t earn trust without transparency and openness. Company leaders who promote open communication are more likely to be trusted and to have an engaged and productive workforce. There are several proven methods that managers and employees can use to make trust part of company culture. First, it’s important to understand what trust […]
Transparency in the workplace has many benefits. When companies are transparent about goals and objectives, everyone can work towards the same targets. Employees who feel informed about company decisions are more likely to be productive and loyal. According to a Harvard Business Review study, 70 percent of employees feel most engaged at work when they […]
Recent studies show that organizations that are more transparent, especially with team members, experience increased engagement, better collaboration, and higher productivity. When everyone is working with the same information and a shared vision, the entire team feels more connected. What is Workplace Transparency? Glassdoor, the employer review site, defines a transparent workplace as “an organization […]
The National Bureau of Economic Research reports that the average workday increased by about 50 minutes in areas with lockdowns. This wouldn’t be a problem if the additional work time resulted in increased productivity, but the risk of work-from-home burnout is cause for concern. What is Job Burnout? According to the Mayo Clinic, job burnout […]