Vistage Florida’s Post

𝟏 𝐢𝐧 𝟑 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐫𝐬 𝐬𝐚𝐲 𝐭𝐡𝐞𝐲 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞 𝐇𝐢𝐠𝐡𝐞𝐫 𝐓𝐮𝐫𝐧𝐨𝐯𝐞𝐫 𝐢𝐧 𝟐𝟎𝟐𝟒. Here's a good article from 𝐇𝐑𝐃𝐢𝐯𝐞 that discusses the findings of a report by Express Employment Professionals and The Harris Poll regarding anticipated turnover rates among U.S. employers in 2024. It highlights the factors contributing to turnover, the financial impact on companies, and the measures employers take to counteract turnover. Organizations risk losing valuable employees and facing financial and operational challenges without proactive measures to retain talent. 🔘 𝙽𝚘𝚝𝚊𝚋𝚕𝚎 𝙸𝚗𝚜𝚒𝚐𝚑𝚝𝚜: ◾️ Anticipated Turnover: 2024 Expectations ◾️ Turnover Toll: The Financial Impact ◾️ 2024 Hiring Outlook: Plans and Priorities ◾️ Factors Driving Turnover: Insights Revealed 𝐇𝐨𝐰 𝐝𝐨 𝐓𝐮𝐫𝐧𝐨𝐯𝐞𝐫 𝐑𝐚𝐭𝐞𝐬 𝐚𝐟𝐟𝐞𝐜𝐭 𝐰𝐨𝐫𝐤𝐩𝐥𝐚𝐜𝐞 𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐦𝐨𝐫𝐚𝐥𝐞? To learn more, click this article: https://smpl.is/8vcjt #EmployeeTurnover #RetentionStrategies #HRInsights #WorkplaceCulture

Did you know? According to the U.S. Bureau of Labor Statistics (BLS), approximately 20% of new businesses don't make it past the first two years. But here's the good news: access to fractional talent is changing the game! 🚀 At HR Tide, we empower organizations with specialized support and the flexibility to scale up during peak demand, while seamlessly reverting to a leaner team as business needs evolve. Ready to navigate growth with ease? Let's talk. #HRTide #BusinessGrowth #FractionalTalent #HRConsulting #PeopleOps #HR

Labour turnover: The silent business destroyer... A high rate of staff turnover can often go unnoticed amongst the hustle and bustle of everyday business. But this silent threat can gradually eat away at your company's vitality, causing not just financial damage, but destroying morale, productivity, and ultimately quality of service..... But don't despair. There are ways to tackle this issue head-on. 1) Understand why people leave: Exit interviews are a key tool for understanding why employees leave. Gathering data on employee dissatisfaction can lead to effective solutions. 2) Invest in your employees: Employees who feel valued will be less likely to look elsewhere. Provide growth opportunities, acknowledge achievements, and offer competitive compensation. 3) Foster a positive work culture: A supportive, inclusive environment where people feel heard and respected can turn the tide on high turnover rates. Remember, each person who leaves takes with them specialist knowledge and potential future growth....don't let your business fall prey to high staff turnover. Address it now before it impacts your bottom line. #attrition #staff #strategy

Know thy customer. I'm constantly striving to deepen my understanding of our clients and prospects. One of the most effective ways I've discovered is by exploring #HarvardBusinessReview for insights tailored to our buyer personas. The repository at HBR offers a wealth of current and archived content covering every business role and function. Take, for instance, the article "HR's New Role," by @Peter Capelli and Ranya Nehmeh a must-read for anyone engaging with HR professionals. While this recommendation focuses on HR, HBR provides extensive resources for various functions, industries, and roles within business. Don't hesitate to share articles like these with your buyers to keep them informed. Remember, a small tip can go a long way in comprehending your buyer and delivering value and insights. 💡 Disclaimer: In the Funnel has no commercial affiliation with HBR, ensuring impartial advice. #professionalsales #Harvard #HR #HBR

The U.S. Department of Labor's latest jobless claims report brought optimism to the economy, but CEOs remain cautious about the labor market. A survey shared by Chief Executive Group shares a full list of CEO priorities for 2024 and beyond, including: 1. Retaining and Engaging Employees 2. Improving Cost Structure 3. Gaining Market Share 4. Achieving Target Profitability 5. Recruiting and Training Employees An EPM solution like Prodoscore can help support all of these priorities and more. For more direction, shoot us a DM. For the full article, read on below: https://lnkd.in/es7ut4tj #futureofwork #retention #engagement #economy #ceo

Change how you work to retain and attract talent. Nothing new in that headline, but take a quick read. Personas and actionable recommendations are the value of this article. For impatient people like me - skip to the numbers at the end of the article. #hrtechnology #talentacquisition #talentmanagement #hrstrategy #hrtransformation

Interesting read by Josh Bersin about the ever changing landscape of work, HR, talent, development and the ideal mindset of today’s C-Suite: that labour is no longer to be seen as an expense, but an asset and it’s greatest one at that (when developed in the right way). #leadershipdevelopment #hrchallenges

As the business landscape continues to evolve, we find ourselves facing a unique set of challenges. The labor shortage, exacerbated by the COVID-19 pandemic, has reshaped the way we approach talent acquisition and workforce management. In this rapidly changing environment, our commitment to adaptability and innovation shines brighter than ever. At [Your Company Name], we understand that the key to success lies in our ability to evolve with the times. 1. Join the conversation: How is your organization addressing these challenges? What strategies have you found effective in attracting and retaining top talent in this competitive job market? 2. Let's share our experiences, insights, and best practices to empower one another in building a stronger, more resilient workforce for the future. #LaborShortage #Workforce #COVID19 #BusinessAdaptation #TalentAcquisition #LinkedInPost https://lnkd.in/ghpUfGUZ