Three performance management strategies that dramatically reduce attrition

Throughout my career I’ve been tasked with refreshing the performance culture in multiple, high-growth organisations.

The business goals of this exercise included both boosting overall workforce performance and improving employee retention, and I have observed time and again the many benefits to both organisations and employees from more frequent performance-related conversations around development and check-ins to ensure employees’ goals are clearly linked to the overall business strategy. READ MORE

Don't Rely On Compensation Alone To Show Employees You Care

Compensation is a tricky topic. It’s tiptoed around in interviews and whispered about among peers, but it’s a major concern in many employees’ careers. While an employee certainly cares about her salary and might directly link her value to the company to the number on her paycheck, we know it doesn’t define her worth. I’m a firm believer that while compensation matters, it’s not the only way you show employees they are valued. And if you think compensating employees competitively is enough to show what they're worth to the company, you’re missing a monumental opportunity. READ MORE

Congress should raise the federal minimum wage — the right way

AMONG THE first bills introduced in the House of Representatives after the Democrats took control in January was a proposal to raise the federal minimum wage from $7.25 per hour to $15 by 2024. The legislation, sponsored by Rep. Robert C. “Bobby” Scott (D-Va.) and 204 other Democrats, corresponds to the “Fight for $15” slogan and the progressive movement that has been campaigning for higher state and local minimum wages around the country. As you will notice, 205 co-sponsors is well short of a majority in the 435-member chamber, and the reason for that is not resistance from pro-business Republicans but the reluctance of skeptical Democrats. They are right to raise questions. READ MORE