(March 15, 2018) Enriching the Employee Experience
In today’s employment market, the power has shifted from employer to employee as the competition for top talent grows. In the month of October 2017, the U.S. Bureau of Labor Statistics (BLS) reported an unemployment rate of 4.1 percent. This means our employees now have the choice to be very selective regarding career opportunities and employers. For organizations everywhere, this presents both challenges and opportunities. As we continue to compete for talent, recruiters are poaching and employer social information on sites like Glassdoor and Indeed are more accessible than ever making it harder and harder for us to attract and retain top talent. Take a leap of faith and start looking internally. While your underperformers are holding you back and checking Facebook, your high performers are getting restless and checking LinkedIn. It’s time to turn the tables around and explore what can be done in creating ‘The Sticky Employee’ in this highly competitive talent market.
Whether you’re more inclined to follow the Bureau of Labor unemployment rate at 4.1%, or put more stock into Gallup’s “real unemployment” metric sitting at 7.9%, the implications are clear; the American workforce has options. This presents both challenges and opportunities. While your loafers are getting comfortable and checking Instagram, your superstars are getting restless and checking LinkedIn.
Speaker:Isaac Mallory, Director at HR Performance Solutions
Isaac Mallory has been working in the medical and financial industries for over a decade and has most recently been deeply entrenched in Human Resources. He’s taught thousands of HR professionals and executives, including SHRM and World at Work audiences, about compensation, performance management and HR analytics.
Isaac is a speaker for HR Performance Solutions and also oversees an internal team who has helped hundreds of organizations transform their performance management and compensation practices. Isaac is an advocate of HR analytics especially among small to medium sized enterprises. He believes massive benefits can come to those organizations when their HR departments make data-based decisions.