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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work.

Banking 95
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“I Quit”: Why Employees Quit and How to Retain Them

HR Digest

The most skilled and experienced employees are in constant pursuit of a good career. A high attrition rate is a costly challenge for any business. While sizeable pay packages and bombastic job titles do account for many resignation emails , so do reasons such as stingy benefits and changing career goals. No career growth.

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Engagement and Motivating Employees

CoachStation

Your goal must be to ensure your team members are regularly performing work that they are good at and care about. We’ve also learned that one in two employees have left a job to get away from a manager and improve their overall life at some point in their career. Why are people not engaged and can something be done about it?

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Can You See What I See?

Lead Change Blog

Attrition wasn’t vacating enough positions to stop the bleeding of weekly layoffs, but the executive team knew this was not the time to put down the paintbrush and fold up the canvas. Enlists enthusiastic engagement in the strategy and required goals to achieve the vision. Career Development' Can you see what I see?

Attrition 317
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How HR leaders can deliberately shape their worker-employer relationship?

HR Digest

1] Organizations that are able to build a sustainable and differentiated worker-employer relationship will be able to stem attrition, traverse shifts in marketplace conditions, and thrive not just through the pandemic, but future disruptions as well.

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Align the Scales Correctly for a Better Work-Life Balance

HR Digest

Image credit – Freepik) A work-life balance, meaning a balanced experience of your career and the rest of your life, should be the natural state of matters as most of us work to be able to provide good lives for ourselves and our families. It also allows them to prioritize their personal goals on their own time. million annually.

Tips 119
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Why Do Employees Leave Their Jobs?

The Center For Leadership Studies

And one of the very real consequences associated with this pervasive change is employee attrition. That may seem like a blinding flash of the obvious, but it is sometimes lost in the mix because the attrition reported by the Bureau of Labor Statistics is done so in aggregate. And in so doing, causing disruptions of their own!