Last week The Wall Street Journal reported a 17-year high for folks leaving their roles to take new positions this year. This comes with reports of 30 percent plus increases for those in executive and management level roles. The average annual increase for employees this past year across all organizations in the USA is under 4 %, with promotions less …
Tesla Fired Hundreds….To “Improve Morale”
When you geek out on talent like the folks here at FOT, it’s fun to sit back and watch high profile companies make big talent decisions. Intrigue, strategy and risk are all embedded in public leadership transitions, succession planning, business strategy pivots, acquisitions, mass firings….wait, what? Mass firings? Who announces those and makes them public? Well, Tesla does. Backstory intro …
Don’t Confuse Operation Leaders & Business Leaders
The hardest decision Chief Executives and their talent pros make involves figuring out who to put in the big chairs in their companies. A big chair means running a unit or a division – your titles might be different, but I mean someone who is the Top Dog in a significant part of your operation. Someone who can lead a …
Your First Hire, Your First Fire and HR Power
Do you remember your first hire, the one that marked your entry into the glamorous world of HR? It’s a big rush to offer someone a job, and it makes you feel pretty important. How about remembering your first termination? Probably a different feeling. I make fun of bad HR often, but whenever I take myself too seriously as an …
How to Admit You Screwed Up a Talent Decision
“If it weren’t for all the people issues, running this business would be easy.” That’s a tongue in cheek quote from one of my favorite friends at work. He’s not serious, of course…he’s pointing out the complexities involved in people issues. Talent decisions are the hardest ones we make every day. Betting on a rise in pork belly futures or …
Telling High Potential Employees That They’re High Potential
One of the cool things about writing at FOT is that I get to meet tons of folks from around the country. I often get questions from those awesome HR pros…tells me that all of us are trying to figure out this talent game and make a difference. The question below that came up a few weeks ago is one …
How Talent (or Lack Thereof) Can Lead to Systemic Business Failure
The legend, John Hollon, tore into United here at FOT earlier this week, accurately writing that culture problems are the core reason Satan ranks higher than United in popularity polls this week. John laid out a solid strategic analysis of where culture impacts service, and he mixed in his own personal experiences. Good stuff…read it if you haven’t. As I …
Labor Market Novelty and Candidate Confidence
I started off my week yesterday reviewing the typical brilliance from fellow FOT contributor, Steve Boese, over at his personal site, Steve Boese’s HR Technology. Steve and I both enjoy making HR data sexy (my phrase, certainly not his, and one that he will likely hate), and there is nothing more sexy than the Job Openings and Labor Turnover Survey, …
Nike is Running an Epic HR Experiment
When I was a kid, I desperately wanted to work at Nike. It had to be the coolest workplace in the world. In my head, I imagined that employees received free shoes, cool gear and that Michael Jordan and Andre Agassi (look Agassi up, young kids) walked the halls regularly. Also, I bet they had some pretty sweet group runs and …
Which HR Specialty Lets You Work Forever?
As we approach year-end, be prepared to hear alarming stats about how no one saves enough for retirement. ‘Tis the season for breathless stories about how underfunded we all are. Scary stuff, of course. Most common proposed solution? Don’t retire. How many family members at holiday functions will trot out this gem? “Aw, I’m never gonna retire. I’ll work forever.” …
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