How you approach a new hire’s first day may determine whether he’s with you for the long term. Fact: 46% of new hires are gone within eighteen months,1 and almost half of those losses occur in the first forty-five days of employment.2 Those numbers aren’t just startling; they’re expensive. How can you design your hiring…
Continue reading ...The level of commitment from your employees directly affects financial performance. At Brightwing, our passion for elevating human performance drives a hunger for data that shows what works and what doesn’t. Two results of a Gallup research study recently caught our attention: Disengaged employees cost U.S. companies $370 billion annually through lost productivity. Engaged employees…
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Here are some typical costs for an employee making $55,000 who leaves after eight months: • H.R. involvement (interviews, onboarding): $1,100 • Manager interviews & other recruiting expenses: $1,000 • Advertising: $400 • Employee salary: $36,672 • Benefits (30% of salary): $11,000 • Training: $800 • Productivity Loss (other employees picking up 25% of failed…
Continue reading ...Recent statistics indicate that engagement in our US companies is very low, around 32%. This means that two thirds of our workforce is showing up to work every day under half steam. To an owner of an organization this is difficult news. Why are so many people disengaged? There is another statistic that says that…
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For as long as I can recall I never remember having a “Bad” or “Mean” or “Jerk” of a boss. Throughout my working tenure I always had good luck in working for decent people. The Assistant Attorney General for the State of New York, the billionaire commodity trader, the Bankruptcy Partner at the law firm,…
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“For individuals, character is destiny. For organizations, culture is destiny. “ — Tony Hsieh, Delivering Happiness If you want to get the very best out of your employees and increase productivity take a hard look at your company culture. A strong workplace culture not only leads to happier employees, but impressive employee retention rates, innovation,…
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Change…some people like it and some people hate it. I think if everyone were honest, even those who embrace change have to admit there are challenges that come with doing something new. How are some of the best ways to cope with change and make sure that you end up with a smile on your…
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These days’ workers are looking for more than traditional benefits, vacation time and a one hour lunch break. They want to be engaged, challenged and feel like the company that they give so much of themselves to will give more than a paycheck. Since employee training and team building events are less expensive than employee…
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No matter how confident a person may seem, they are still likely to be a little overwhelmed when starting a position. A lot is placed on the shoulders of new employees. They have to get to know a fresh office with new faces as well as get into a routine for their workload. It’s almost…
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Motivation is the key to success! We all know this. A lack of motivation means a lack of results. If you ask employees what will motivate them, a lot of them will leap out of their seats with neck stretched, and eyes bulged, teeth wide, and exclaim “MONEY” without even thinking. Sure, you’ll get the…
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