Tags: retention

Kyle Lagunas: Three retention secrets for a high performance environment

High performance environments are stressful workplaces, to say the least. When results are king, mediocrity is disdained and failure intolerable. Some employees burn out in the struggle to consistently meet the high expectations typical of these environments. Meanwhile, the individuals who thrive in these environments have intense ambition–and are always on the lookout for greener…

Staff placements fall at fastest pace for three years

Permanent and temporary appointments declined at their sharpest rates since July 2009 according to the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs – published today. Permanent placements fell for the first time in six months during June, finds the report, while temporary / contract staff billings were down for the seventh month…

Retirement age increase needed to meet pension demands

Governments will need to raise retirement ages gradually to address increasing life expectancy, according to a new report. The Pensions Outlook 2012 published by the Organisation for Economic Cooperation and Development (OECD) says the rise is needed to ensure that their national pension systems are both affordable and adequate. Over the next 50 years, life…

Financial services companies need a different approach to their graduates

… or risk losing out when the job market improves. Financial services firms need to adopt a different approach to their graduates’ careers or risk the sector’s current talent shortage growing further. This is according to a new PwC survey of graduates working in financial services, which revealed a significant gap between what graduates currently…

Aviva sacks more than 1,300 workers by mistake

More than 1,300 workers at Aviva Investors, the insurer’s asset management arm, were shocked on Friday to receive an exit email from the HR department, reports The Daily Telegraph. There was a stunned silence at the London headquarters as staff across the division read the unsympathetic memo – intended for just one employee. It instructed all…

Retail guru Mary Portas has branded Britain’s customer service as ‘faceless’, but an innovative online tool will help change her opinion. Talent management consultancy company, A&DC, identified four key customer service issues after carrying out cross-sector research. Business psychologist, Ali Shalfrooshan, used the findings to help develop A&DC’s new Customer Service Dilemmas™ tool. He says:…

Skills Academy to host drop in sessions for apprenticeships

The National Skills Academy for Financial Skills is hosting a week of drop-in information sessions for employers in the City as part of National Apprenticeship week (7 – 11 February). The sessions are aimed at employers who would like to learn more about apprenticeships and the advantages they can bring to their organisation. The sessions…

A recruitment expert has advised UK companies that the implementation of flexible benefits can help to improve employer-employee relations and reduce staff turnover by fostering a greater sense of loyalty. Jarrod Parker, actuaries and consultants chief at Alexander Forbes, stressed the importance of giving the workers the choice of opting in or out of benefit…

Businesses have been warned that recent improvements to staff retention statistics may have been somewhat distorted by the aftermath of the recent recession and that output could have in fact fallen. Writer and chief executive of human asset management agency iOpener Jessica Pryce-Jones explained that some workers are simply hanging on to their current role…

An expert has suggested that British companies often find themselves struggling to hang on to employees, but claimed money is no longer the sole motivating factor behind their failure to retain workers. Chartered Management Institute spokesman Mike Petrook pointed out that an increasing number of individuals are transferring between different teams at the same firm,…

Providing a good standard of workplace training is crucial for all companies regardless of their size, but is not without its potential pitfalls, according to a small business expert. Former IBA start-up business adviser of the year Sylvia Constantine claimed training is as important to owners and managers as it is to lower-level staff and…

As part of the build up to October’s Employee Wellbeing Forum 2010, Donald Campbell , Marketing Manager for Team London Bridge, a Business Improvement District, explains the importance of employee retention It is increasingly prevalent in today’s society that managers find employee retention an ongoing struggle. In the past, employees used to stay in the…