During the hiring frenzy over the past few years, many companies came to recognize the importance of effective onboarding to employee engagement and retention. During the so-called war for talent, it was critical to make new hires feel special and to assimilate them quickly into the company or risk having them accept other offers. Although fewer job openings today might shift leverage back to the employer, effective onboarding is still extremely important—particularly when internal talent moves are involved.
As many organizations brace for economic hardship in 2023, companies looking to hire are more likely to want new employees to come to the office. But the opportunities for remote work are drying up. Employees who join an organization expecting to work remotely will see a change in remote work policy as a threat to their careers. Even if a company continues to let some people work remotely, those who do so will look around the organization and wonder if they can advance there. If they don’t see opportunities to move up while still working remotely, they might not stay.
Most managers have had an employee question an employment agreement or say they didn’t mean to agree to a term of their employment. Careful documentation is a critical issue for all employers, but getting proof in writing applies to more than just employment agreements! At its root, a signature shows an individual's intent to bind themself to a contract or make a written representation.
A critical part of corporate culture, company values can help with retention of valued employees and make the workplace (digital or physical) a healthier, happier place. But if the only people who understand a company's values are its executive leadership, what’s the point? If no one on the floor knows what those values are, how do they matter? Here are some ways to ensure that company values trickle down through the whole organization.
Many business owners have been forced to lay off employees because the volume of business they once enjoyed has declined and they can no longer justify having those workers on hand.