Retain Your Top IT Talent
3 ways to do it
Survival Of The Fittest
How businesses can tap into the world’s best talent
#Training Needs #Analysis
The vital prerequisite
Severance Packages
It cuts down incidences of accounting fraud
Retain Your Top IT Talent
3 ways to do it
Survival Of The Fittest
How businesses can tap into the world’s best talent
#Training Needs #Analysis
The vital prerequisite
Severance Packages
It cuts down incidences of accounting fraud
According to a recent CareerBuilder.com survey of 223 HR managers, men are nearly three times as like as women to earn six-figure salaries and nearly twice as likely to earn $50,000 or more. These are staggering numbers, especially when you take into account that women at these same companies were almost twice as likely to report earning less than $35,000. Based on the slow rate at which the gender wage gap is closing each year, the Institute for Women’s Policy Research has projected that women won’t receive equal pay until 2059.
During our training sessions that involve salary negotiations,we occasionally ask our clients the question: “Do you feel that you are being paid what you are worth?” In our history of doing this work, we have yet to have anyone vigorously wave their hand in the air with the heartfelt proclamation “Me!”
Once you’ve spent time and resources recruiting and hiring a great fit for your company, you don’t want to lose him or her. You want to make sure you can retain the talent you’ve just hired in order to make the most of it, but this might take longer than you would think. One survey of 610 CEOs by Harvard Business School estimated that typical mid-level managers hires require 6.2 months to reach their break-even point, in which the gains from their hire make up for the cost of hiring them.
Organizations are ripe with silos. They can provide structure, but they can also disrupt collaboration, limit communication or hinder creativity. And they’re lurking everywhere … existing even in an area you would least expect, your HR department. Most HR departments are separated in three distinct areas: 1) career development and recruitment, 2) performance management and 3) training. When working together, the best new talent is hired and their careers flourish thanks to the proper trainings that have improved their skillsets and honed their expertise. When siloed, none of this is possible. Consider the following: