article thumbnail

How effectively do the leaders in your organization manage change?

thoughtLEADERS, LLC

Our reader poll today asks: How effectively do the leaders in your organization manage change? Extremely: We’re change management experts. 8% Very well: We do a solid job of managing change. 36% Not well: We struggle with managing change.14% 14% Poorly: We have no idea how to manage change.

article thumbnail

What are the basics of a people strategy?

HR Digest

It is important to have a system and process in place that can provide each employee a positive experience at the same time ensuring the structure and governance. Without a well-thought-out people strategy, there can be inconsistencies in managing employees leading to human resource (HR) issues and even employee attrition. .

Strategy 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Artificial Intelligence is Revolutionizing HR

HR Digest

This includes streamlining employee paperwork processing, managing benefits, and monitoring performance. For example, AI algorithms can track employee attrition rates, pinpoint factors contributing to turnover, and help develop initiatives to reduce employee churn. Data privacy: AI systems rely on vast amounts of employee data.

Attrition 105
article thumbnail

Do Workplace Wellness Programs Save Money? We Find Out.

HR Digest

Another study conducted by Rand for Pepsi with more than 67,000 employees as subjects looked into what was more effective: a wellness program based on lifestyle management , including fitness and diet, or one that concentrated on disease management. The Rand study found that chronic illness management saved $3.78

Attrition 133
article thumbnail

Three Ways to Improve Retention on Your Team

Great Leadership By Dan

Guest post from Hilary Grosskopf : Managing a team can sometimes feels more like managing a revolving door. For organizations, attrition is an expensive issue that takes money away from impactful progress, innovation, employee benefits, and enjoyable team activities.

Team 186
article thumbnail

Remote Work Impact: The Employee Engagement Decline Is Causing Panic

HR Digest

In addition to the employee disengagement statistics, McKinsey ’s research has indicated that disengagement and any resulting attrition could cost a median-size S&P 500 company between $228-$355 million a year in lost productivity. Is the Remote Work Impact Really That Significant? The numbers are staggering.

article thumbnail

Raising Pay Can Help Organizations Overcome The Talent Shortage

The Horizons Tracker

Ton, who is also the president of the Good Jobs Institute , argues that when employees are viewed purely as a cost, companies can quickly descend into a vicious cycle that sees employees treated poorly, which leads to high attrition rates, which makes it harder for those who remain, and so on.