Recruitment Metrics: Why Bother?
As business leaders we spend a lot of time tracking and monitoring our company’s performance based on data. Such rigor though seems to wane when it comes to measuring our company’s performance in finding and onboarding the right talent. Given the current environment within which we have to operate, the fact that HR costs tend to make up, on average, 28% of a company’s operating expenses, and the...
It has become a feeding frenzy: The New York State Secure Choice Savings Program Retirement Plan Mandate.
It has become a feeding frenzy. Everyone who sells products are reacting to the state mandated retirement plans. Most recently, BigBox Payroll (whose name sounds like a breakfast cereal) is hounding a couple of our clients and saying they must have a retirement plan by June 1, 2022. WRONG!!!!! The New York plan is not even set up yet. So, here’s the history: If your New York based company is not...
Job Descriptions & Job Postings – Yes, Virginia, There Is A Difference
Put yourself in the shoes of a job seeker who is looking for the “right fit” role and ask yourself: Would I like to know all the nitty-gritty details around what will I be doing in a role and how will I be doing it or would I much rather know what I will be responsible for delivering, why and for/to whom? We know … that is a loaded question but, all too often, in our rush to initiate our recruit to...
You Can’t Find What You Don’t Define – Setting Up Your Talent Search For Success
You arrive at work on a brilliant, sunny morning only to be greeted by a team member who says “We have to talk” and proceeds with delivering the “I resign” news. Not a far-fetched scenario given the continued trend of resignations across the US and the globe. (Yet again, in February 2022 the U.S. saw more than 4.3 million workers quit their jobs.) Your heart sinks – you just lost a valuable team...
How Executives Are Tackling the Great Resignation
If you don’t already know this about us at Compass, we are strong advocates of the Predictive Index (PI) Talent Optimization framework. Talent Optimization is all about having the right people in the right roles, for the right business needs. In essence, Talent Optimization is a four-part discipline that uses people data and analytics to align your talent strategy to your business strategy so that you are...
The Value of Values
Our mid-January blog was all about the mission and vision of our business. While both of these elements contribute to giving everyone involved in and with our company a clear and shared picture of purpose and direction, they are not complete without a set of clear values. What are company values? If mission is the why behind our existence and vision is our desired destination, our company values are our...
Navigating HR Strategy in 2022 – What To Expect & Plan For In The Year Ahead
January is a month of planning for the year ahead of us and on January 19th our founder and principal, Christine Ippolito, and Sima Ali, owner and principal of Ali Law Group (ALG), delivered our first webinar for 2022. During this session they highlighted major trends and related employment regulations to look out for as we are getting ready to navigate yet another interesting year. So, what can we expect...
The Importance of Knowing Who We Are & Where We Want to Be
It’s the beginning of a New Year and it’s no coincidence that the Greater Good Science Center at the University of California-Berkeley put out its January 2022 Happiness Calendar recommending that this is a good month to “… find your motivation and purpose.” Although engaging in practices that promote happiness is a uniquely human and individual endeavor, clarity of purpose and direction is just...
Grow Your People, Grow Your Business
We are at that point again when we start to reflect on the year we leave behind and plan for the year ahead, both at the organizational and the individual level. And while we invest a lot of time putting our business plans and setting our business objectives for the year to come, we often tend to forget that it’s our people who enable us to deliver on our objectives. Along with crafting our business...
Providing The Right Recognition To Our Employees Is Now More Important Than Ever
It’s not just common sense that recognizing our team members’ efforts can go a long way in keeping them engaged and making them feel appreciated for their efforts at work. And there is strong data to back up what we intuitively already know. Why we need to pay attention At a time when businesses are struggling to attract and retain the right talent, when the way we work has shifted from on-site to...