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Have you heard of Price’s Law? It may improve your employee retention? Derek Price was a British physicist who is credited with identifying the mathematical relationship between (1) literature on a specific subject, and (2) the number of authors in
Employee retention is an issue that should be top of mind for leaders everywhere. Sure, depending on your industry or market sector, employee turnover may be a fact of life, but have you ever noticed that when employees leave, it’s
Extroversion versus introversion. Despite numerous studies and anecdotal situations that show otherwise, people still continue to assume that somehow extroverts are more successful in the workplace than introverts. As I have blogged about in the past, that is simply not
Last fall, as part of my regular column series for The Globe and Mail, I wrote a piece titled Is workplace loyalty dead in the age of the millennial? This is a topic that is close to the hearts of
As workplace demographics shift, with the boomer and the generation-Xer increasingly leaving the work force and the millennial entering, the common belief is that employees are no longer loyal to their employers. Young people are regularly maligned for being self-absorbed and
Often in my practice, I come across managers struggling with high employee turnover who believe that the most effective way to stop their top employees from walking out the door (and going to the competition) is to increase their salaries.