24 May What Are Some Ways to Retain Millennials?
In recent years, turnover rates have steadily increased as a result of factors such as lower unemployment rates, skill shortages in the labor market and an increasing number of retiring...
21 May Tips for Communicating Turnover Insights to Leadership
Calculating turnover can be time-consuming, but to make it truly worth your while, you must find a compelling way to present your findings to leadership. To clearly communicate your company’s...
17 May A Step-by-Step Guide to Calculating Turnover
Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external...
14 May A Guide to Adopting a Costing Model for Turnover
Because some ramifications of turnover are more difficult to measure than others, it is advisable to focus on data points that are measurable, indisputable, and relevant to operations in your...
10 May Why Should All Companies Track Turnover?
The cultural impact of turnover creates a vicious cycle: as employees begin to see an uptick in voluntary separations, they lose motivation and morale drops. Over time, employees may become...
07 May A Comprehensive Look at Current Trends in Turnover
Unemployment rates are hitting record lows, with more than 10 states currently experiencing the lowest rates they’ve seen since beginning to measure unemployment. According to the U.S. Bureau of Labor...
03 May How to Avoid Freezing Pay for Long-Term Employees: Alternative Reward Design Process
HRsoft research shows that nearly two-thirds of all employers freeze or cap base pay. While it is becoming a widely practiced way to control costs in a multigenerational workforce, freezing...
02 May WorldatWork Total Rewards 2018 is Almost Here!
The major industry tradeshow for compensation and total rewards professionals, World at Work Total Rewards, is just around the corner! HRsoft will be in attendance again this year, and we...
01 May Top 10 Blog Posts – May 2018
Check out our most popular articles from last month! Café Classic: The Top 4 Risks in Pay for Performance - Compensation Cafe Using Paper Trails & the Voice of Your...
30 Apr Tips for Communicating Your Case for an HR Transformation
Building a credible, defensive case for an HR transformation requires an investment of time and effort. Yet, by putting the work in initially, you can craft a compelling case in...