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Many companies have lost good employees over the past few years amidst the Great Resignation/Reshuffle. But that doesn’t mean they are gone forever. As the pandemic eases and former workers’ situations change, many may be looking to return. Former employees accounted for 4.5 percent of all new hires among companies in 2021, up from 3.9 percent in 2019, according to … Read more ›
When it comes to creating a pipeline of leaders, companies have traditionally relied on a simple model—teach employees managerial skills, along with high-level business concepts, then wait for them to apply for leadership roles as they arise. But global HR expert Josh Bersin argues companies can no longer rely on this model. They need to ensure employees have plenty of … Read more ›
Studies show that inclusive workplaces foster belonging, inspire innovation and boost productivity. According to Deloitte research, inclusive organizations are twice as likely to meet or exceed their financial objectives. They’re also six times more likely to be innovative and six times more likely to anticipate and respond effectively to change. But true inclusion can’t be lip service only. When employees … Read more ›
These days, it’s not enough for companies to rely on compensation and classic perks to retain their best employees. According to a 2020 Deloitte survey, lack of career progress was the biggest factor in encouraging employees to look for new employment. It’s easy to see why. Employees are more likely to be engaged in their work when they have a … Read more ›
Amidst the Great Resignation and ensuing Great Reshuffle, finding and keeping good employees has become one of the top challenges facing organizations. According to a 2021 survey by Willis Towers Watson, 73 percent of employers reported having a hard time attracting employees, and 61 percent said they have difficulty keeping the employees they have. This is an expensive and potentially … Read more ›
There are certain events in our history that have changed the course of our day-to-day lives. WWII led to the baby boomer generation, 9/11 changed global travel, the 2008 Financial Crisis transformed our financial industry. This pandemic will be one of these events, creating clear bifurcation between life before and life after. In other words, life will never return to … Read more ›
Finding a mentor takes a bit of forethought and hard work, but the payoff of that relationship can have a significant positive impact on your career – from quicker advancement and better realization of your career ambitions to guidance and support as you tackle the personal and professional challenges of the workplace. How to Prepare for a Meeting with Your … Read more ›
By Aaron Bright
Hybrid working has brought about many benefits. Flexible working became more of the norm, rather than a rare perk that only some companies provide. Employees are spending less time commuting—which before the pandemic was a significant source of stress for many. But with any unprecedented arrangement comes unintended consequences. So far, research and anecdotal evidence have shown that a hybrid … Read more ›
As workplaces focus more on diversity, equity and inclusion (DEI), many organizations are realizing the importance of the “I” in that equation—inclusion. Representation is key, but ultimately, employees need to feel valued and included in order to live up to their full potential and remain at an organization. Building and supporting Employee Resource Groups (ERGs) is one tried-and-true way that … Read more ›
As the coronavirus pandemic has made work and personal lives more blended, a lot has changed for both employees and employers. There is more on people’s minds, and more disruptions and distractions that can take up mental energy. People also don’t have the same allegiance or loyalty to their employers that they once did since they’re no longer physically interacting … Read more ›
A first-year student’s transition to college can be an intimidating, and at times challenging, experience. At Indiana University, the Kelley School of Business has aimed to ease this upheaval with a peer mentoring program that pairs first year students with upperclassmen. This not only makes sense for student wellbeing, but is also proven to lead to better student persistence. The … Read more ›
Today, more and more companies are turning to mentoring to elevate their DEI strategy within their employee experience. For government consultancy LMI, formalizing their already existing informal mentoring culture in order to serve their diversity, equity, inclusion and accessibility (DEI&A) objectives just made sense. Founded in 1961 to help the Department of Defense resolve complex logistics management challenges, LMI continues … Read more ›
Diversity, equity, and inclusion (DEI) in the workplace has never been more important. Top business thinkers have made the case for years that diverse workforces drive innovation and financial success, with real results to back them up. However, recent events—including the global pandemic, which has vastly altered the way we work, and a global movement focusing on racial and social … Read more ›
Mentoring is an age-old practice that has gained new relevance in today’s hybrid workplace. Mentoring helps individuals realize their potential and organizations thrive. Benefits include career and leadership development for a strong talent pipeline, higher engagement and performance among the workforce, and greater retention of skilled employees. A growing number of companies are creating structured programs to harness these advantages. … Read more ›
This past year has brought massive change and disruption for both individuals and organizations. Not only did organizations have to quickly pivot their entire operation to some form of virtual engagement, but we saw thousands demonstrating and pushing for a new social contract to create a more diverse, equitable and inclusive world. All of this while most of us were … Read more ›
You’ve decided mentoring is an ideal strategy for developing, growing and retaining top talent within your organization. Congrats, you’ve completed an important first step. Maybe you’ve even tested your mentoring theory in the form of an informal mentoring program. But now you’ve hit the next hurdle — do you need a mentoring platform? You need more structure but you don’t … Read more ›
Mentoring is not limited to one style, format or place. It can take place in a variety of spaces, such as the workplace or through academic institutions. Relationships can also be established through professional organizations. And some mentoring relationships occur informally amongst networks. Sometimes, mentorship is set up to support career growth and guidance. Sometimes, mentoring supports diversity and inclusion … Read more ›
A few years ago, I wrote about the shift from Diversity to Inclusion and how top companies are not only focusing on diversifying their teams but also how to create a more inclusive environment. Unfortunately, not much has changed since then. In fact, the current pandemic crisis is putting the small gains of equity we’ve made at risk as organizations … Read more ›
