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What Is The Promotion Paradox? A Critical Issue For Today’s Managers

Allwork

29% of employees quit their jobs within a month after their first promotion. In the time after giving an employee a promotion, many managers probably feel really great. In a surprising 29% of these stories, though, that same promoted employee quits — quickly. A recent ADP survey of 1.2 million U.S.-based

Promotion 288
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Is Mentorship The Key To Career Advancement For Women?

Allwork

To counteract that, employing a mentorship program is crucial, especially for women, to push for equity in promotions and career advancement. . Female mentors can also train and equip younger women with skills that can help them negotiate a raise, ask for a well-deserved promotion, or better benefits. .

Mentoring 261
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The Four Horsemen of the Mandated Return to Office

Allwork

A Future Forum survey found that 21% of all White knowledge workers wanted a return to full-time in-office work, but only 3% of all Black knowledge workers wanted the same. A June 2022 McKinsey survey of all workers, remote-capable and not, provides further context on preferences for hybrid work. Resistance .

2022 341
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” Unfortunately, this just isn’t the case.

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Workplace Happiness Is at an All-Time High—But There’s Still Room for Improvement

Success

A 2022 survey from The Conference Board shows workplace happiness and satisfaction is actually up, and even at an all-time high since the survey began in 1987. The survey studies 26 components, from wages to training to bonuses, to determine workplace satisfaction rates. The survey results beg the question—what’s going right?

Policies 214
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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Von Armansperg told us that in Leapsome’s State of People Enablement survey, more than 50% of the people who responded wanted a workplace that encouraged feedback, goal setting and learning. Work-life balance, salary and benefits are three other major factors that can influence an employee’s desire to stay or leave a company.

2021 261
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‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

Workplace Insight

Data from the report shows 55 percent of employers are looking to maintain their current headcount, while analysis of turnover from the ONS Labour Force Survey points to lower staff attrition in 2024. Future leaders and managers can also be identified and nurtured. Declining staff turnover is being dubbed The Big Stay.

2024 52