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How to capture institutional knowledge

Insperity

When your employees stay in the same role for extended periods, they accrue institutional knowledge – or information and understanding about the systems, relationships and tactics that make your company run optimally. However, when a well-tenured person does retire or resign, a substantial reserve of company-specific insights may be lost.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. To be assured you’re offering the right rates for your area and job opportunities, try using compensation software or tools that give insights to reasonable pay ranges for your positions.

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5 steps to kick-start your succession plan via your org chart

Insperity

When used properly, it’s a living document that you can leverage as a powerful workforce-planning tool. Both tools stay active and strategically relevant when you keep them up-to-date. Now, think ahead to the future: Are any employees in your most influential roles nearing retirement ? In summary.

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Hiring for diversity vs. skill sets: How do you find a balance?

Insperity

Efforts to hire for diversity can be challenging. But what if hiring managers balk, as in the case of one high-profile tech company ? How does a company get hiring managers comfortable with the idea of hiring outside their comfort zones? Encourage your hiring managers to consider their own biases.

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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

It can be a voluntary departure like a retirement or a job change, or an involuntary departure, like a layoff or a death. On the other hand, if turnover is high among your top performers while your disengaged employees stick around, that’s a sign that something’s pushing your best people away and driving up your hiring costs.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

How many people in your organization have been there 10+ years, are deep-rooted and likely aren’t going anywhere until retirement? So if we know new staff are unlikely to become “lifers,” how do we extend the tenure of each new hire, even if it’s just a little bit? Are your systems, software and apps new-user friendly?

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A Pledge to Allyship

Thrive Global

Allyship is about acknowledging deep systemic and generational racism. Allyship is about acknowledging deep systemic and generational racism, as well as a direct and indirect role in supporting it. You’re talking about a systemic problem that starts in neighborhoods, and in education. The brands aren’t committed.