Last year was more of a "talent tornado" than a "Great Resignation" for law firms, according to Fiona Trevelyan Hornblower, president and CEO of the NALP Foundation for Law Career Research and ...
Sustaining an invested and dedicated workforce is a crucial yet challenging task that every employer faces. Between a competitive job market, family obligations and work-life balance priorities, the ...
With the Society for Human Resource Management estimating that replacing an employee costs businesses between 50-200% of their annual salary, employee retention strategies aren't just feel-good ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Turbulence in today’s business climate is too frequently ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Anand Mahurkar Whether ...
The job market has shifted. Quit rates from the U.S. Bureau of Labor Statistics are slowing down. The Great Resignation prompted organizations to combat turnover with a reactive approach. They threw ...
Strengthening leadership capability isn’t a “nice to have.” It is one of the most powerful retention strategies available.
The tech industry's rapid evolution and the constant shifts are driving high turnover rates, with figures reaching 13.2% and even 18.3% in some IT sectors, significantly surpassing those in other ...
While legal departments and law firms have long depended on contract attorneys to fill staffing gaps, manage routine work and provide needed specialization at a fair price, they are now discovering ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.