Employee Engagement Strategies to Retain Talent
November 24, 2021
The Greek philosopher Heraclitus famously stated that the only constant in life is change. This applies as much to the world of business as to anything else and one of the main changes businesses owners face is an evolution in the fundamental concepts that keep their enterprise ticking. Communication does not mean the same thing it did thirty years ago. Hiring today has nothing to do with bygone times when a person stayed with a company for life. Productivity is in flux as individual cultures grapple with new global norms. The most recent change of this sort involves employee engagement, which in the wake of the Covid-19 pandemic does not mean what it used to.
Law Firm Bonuses That Boost Morale Without Big Costs
November 9, 2021
You’ve read the news and you know workers are quitting their jobs in droves. The so-called “Great Resignation” is upon us, and it’s making employers’ jobs difficult at a time when life isn’t exactly easy. Law firms, with their culture of long hours and high stress, have been hit especially hard, which is why Big Law is responding with a tried and true strategy: money.
Firm Purpose: Attract and Retain Top Talent Faster
November 2, 2021
For years now, the labor market has been undergoing a generational shift. Workers of the Millennial and Gen Z generations dominate the talent pool, and their priorities have little to do with those of their forebears. Experts have long warned of this change, but it took a global pandemic to cast it in clear light and force even the most skeptical of observers to admit that old norms are gone for good. These days, if you want to attract and retain top talent, you need to offer not just a generous salary and benefits package, but purpose, too. Young professionals prioritize meaning above all else (yes, even money), which means defining “the why” of your firm matters now more than ever.
Year-End Law Firm Goals: Finish Strong with These Proven Tips
October 15, 2021
Most small law firms and solo practitioners have year-end goals they’d like to achieve before the fourth quarter comes to a close. While 2021—much like 2020—has forced business owners to continue to adapt to ever-changing social dynamics and, of course, a seemingly endless global pandemic, there is absolutely no reason your firm can’t finish the year strong. When it comes to accomplishing your year-end goals, the following tips will support your firm’s success.
Better Leader Strategies: Delegate to Elevate Your Firm
September 9, 2021
Nobody starts a business intending to work 9-to-5 or otherwise remain chained to corporate structures. To do so defeats the point. It would be like going to a restaurant and doing all the cooking yourself. Unfortunately, unless you do some serious thinking about how to be a better leader, 9-to-5—or more like 9-to-9—is going to be exactly what you get. This is why the perennial advice for entrepreneurs is learn to delegate.
Talent Acquisition Strategies That Retain Top Employees
August 24, 2021
The upcoming generation of workers isn’t looking for just a dream job, they are after their dream job and if there were ever indisputable proof of this, it rests in the case of Aaron Rodgers.
Rodgers is, perhaps, the Green Bay Packers' greatest talent acquisition success story. However, just three months after winning his third MVP award, advancing the NFC title game for the fifth time, and putting a 26-6 record on display for the second season running the star quarterback wants out. Having signed a 4-year, $134 million contract extension including a $57,500,000 signing bonus won’t stop him, either. Rodgers is threatening to go rogue because he wants to play by his rules, not the franchise’s, and he’s not alone in his thinking.