A common mistake that companies make when onboarding new employees is conducting inadequate training sessions. At times, an employee might not learn everything they need to know in an initial training period, which can render them useless if certain issues arise later in their tenure at the company. Though an employee might feel that it’s… Read more
There’s a rule of thumb that applies to all companies in the world: the employees are divided into productive and procrastinators. When those procrastinators do their job in spite of their “condition”, to put it like this, all is well, but when they are hurting your ROI, you need to do something about it. Calculating… Read more
It should come as no surprise that if they are unhappy, employees will leave the company that they work for. A couple of years ago, I was working for a firm of web design and I was miserable. The worst part is that we were all miserable: we were overworked on a daily basis and… Read more
The First Year Voluntary Termination Rate is yet another Human Resources metric – of course, it’s also one that’s very important to a company, as it shows the percentage of people that chose to leave your company after working there for only one year. As this metric’s name implies, the termination of the contract is… Read more
It goes without saying that most employers try to offer their employees the best healthcare plans. However, health care plans are becoming more and more expensive, which translates as trouble for employers, particularly the small to medium ones. An HR metric that isn’t used as often as it should is the Health Care Expense per… Read more
As CEO or part of the management’s team of a certain company, you will rarely look into how the hiring process is being done – after all, you mostly want your job openings to be filled in and that people start working. On the other hand, you will definitely be interested in how the employee… Read more
The termination rate of a company is the percentage of people that decide (or are forced) to leave the company for various reasons. The voluntary rate involves the people that decided of their own free will that they want to leave the business. An involuntary termination, on the other hand, happens on other grounds –… Read more
Each entrepreneur is concerned about the prosperity of their business. And a business’ prosperity is naturally linked with the productivity and preparation level of its employees. This is why it makes sense, in the competitive age in which we live, to invest in training programs. When these training programs are organized and prepared accordingly, they… Read more
You’ve probably heard a lot of people complain about their workplace. They talk about how bad it is, and how they will never recommend anyone to work there. There are moments when employees are overworked, and they feel like the employer only adds to the struggle. If you are owning a company, how do you… Read more
The New Hire 90-Day Failure Rate is a Human Resources metric that’s used by businesses and companies in order to determine the percentage of new employees that leave the company in a set time period – in this case, in 90 days. When it comes to this metric, companies check the percentage of employees that… Read more
As a company, you probably have your own employees that you can rely on a daily basis. They are your pillars that will help your company grow. However, like any house needs pillars, it also needs windows, doors, and bricks – and you could say that contractors serve that purpose. What are Contractors? Contractors are,… Read more
Diversity and inclusion in the workspace represent a sensitive topic that every employer must know of and apply. And not only must the employer apply to these facts but also the employees as well. Some companies have strict policies referring to diversity and inclusion – and others even support causes linked to various social classes,… Read more