The unemployment rate stands at a 16-year low, but turnover for jobs has been higher than ever. Marcus Buckingham is the co-head of ADP Research Institute and provides insight on how companies need to improve to foster happiness and retain talent.
Buckingham stresses the importance of encouraging employees individuality. Rather than asking workers to fit into the mold, employers should find, highlight, and encourage the strengths of each person.
Producing and fostering strong managers is also key. One of the top reasons why people leave jobs is because of a negative relationship with their manager. Having strong leaders who know how to communicate with their staff and encourage them is great to keep talent from walking out the doors.
And when it comes to benefits, the more the better. Employers often stay if the benefits are strong.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
Andela is revolutionizing global work for a sustainable future. Their impact includes diverse skills, income growth, & successful hiring in untapped locations.