Taylor is late to work every day, calls in sick once a week, and feels unheard and unappreciated. At the same company, Hayden volunteers ideas at team meetings, goes the extra mile for clients, and feels part of a meaningful mission. Hayden is engaged and motivated, and is therefore more likely than Taylor to work hard, stay with the company, and champion it to others. Lack of engagement and motivation, like Taylor’s, typically leads to high employee turnover, which costs companies time, money, and talent. On the other hand, strong engagement and motivation, like Hayden’s, leads to high employee retention. […]

Tables of Contents What Is Unemployment?Understanding Unemployment StatisticsTypes of UnemploymentWays of Combating UnemploymentUnderstand Unemployment and How to Address It Unemployment is when a person who’s actively seeking employment can’t find work — but its effects go beyond any one individual looking for a job. Unemployment also has implications for families, employers, and the economy. The U.S. has regularly tracked unemployment as a measure of economic health since 1940, using the Current Population Survey (CPS): a household survey that polls individuals from various areas in each state to calculate the rate of unemployed individuals. The topic historically has taken on added […]

Employee training and development programs are essential to the success of businesses worldwide. Not only do these programs offer opportunities for staff to improve their skills, but also for employers to enhance employee productivity and improve company culture. They also can reduce employee turnover — and a 2020 Work Institute study shows just how important that can be for a company’s bottom line. Voluntary employee turnover, according to the report, costs U.S. businesses more than $630 billion annually. With the right education and credentials, like an online bachelor’s in HR management, you can learn to address personnel challenges like this […]

The COVID-19 pandemic has had an enormous impact on businesses and workplaces, forcing many to close or operate remotely. Yelp reported that over 65,000 U.S. businesses listed on its site were marked temporarily closed in August 2020. By October, after many states and cities lifted stay-at-home orders, Gallup reported that 66% of businesses that went remote had all or some of their employees return to on-site work. As more businesses begin to reopen their offices, they must have new protocols and strategies in place to promote a healthy workplace and protect the safety of their employees. As PwC found in a 2021 survey, fewer […]

Ready or not, remote work has become an enduring reality for organizations and their management teams nationwide. Increasingly sophisticated technologies and the COVID-19 pandemic have fueled the widespread acceptance and adoption of telecommuting. The abrupt shift at the onset of the pandemic in early 2020 to a largely homebound, geographically dispersed workforce has been a struggle for many on both sides of the equation. Gartner reported in March 2020 that 88% of organizations surveyed had either encouraged or required their employees to work from home, regardless of their symptoms, and nearly all organizations surveyed had halted business travel altogether. Now […]