5 Ways to Reduce Regrettable Turnover and Keep Valued Employees
15Five Blog
by Nicole Klemp
2w ago
Each time your organization loses a great employee, it hurts. Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale. In today’s competitive talent market, replacing high performers is difficult and expensive, and high turnover is a serious threat to business success. As a strategic HR leader, you’ve no doubt felt the pressure to in ..read more
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The True Costs of Employee Turnover
15Five Blog
by Genevieve Michaels
2w ago
From Apple’s revolutionary smartphone to Ford reinventing the automobile, human brilliance and dedication is the only way companies accomplish amazing things.  That’s why struggling to retain talented people can be such a drain on an organization’s potential. We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility.  As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Worse yet, that figure may not even capture the true cost of replacing qual ..read more
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Attrition vs. Turnover: Understanding the Differences
15Five Blog
by Nicole Klemp
3w ago
If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. The Great Upheaval has many executives and HR leaders frazzled, and there’s not enough coffee in the world to fix all the talent issues that are converging at once. But when an employee leaves the company, is it always a bad thing? What exactly is the difference between “attrition” and “turnov ..read more
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OKRs vs Scrum: How They Differ and How They Can Work Together
15Five Blog
by Nicole Klemp
3w ago
We talk a lot about Objectives and Key Results (OKRs) at 15Five, because we believe in the value of using a consistent goal-setting framework for high-performing teams. We use OKRs internally and incorporate them into our platform to help keep people, processes, and activities throughout the organization focused on the right priorities. One question we hear often is what role Scrum plays in an OKR process. Are OKRs and Scrum similar? What makes them different? Can you do both? In this article, we’ll share what you need to know about OKRs and Scrum and how an organization may have both processe ..read more
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5 Must-Have Features to Look For in an OKR Tool
15Five Blog
by Nicole Klemp
1M ago
A formalized goal-setting process is essential for any organization that wants to define and track business objectives and drive high performance. If you’re using the Objectives and Key Results (OKR) goal-setting framework, you already understand why goal-setting and tracking are so important. (If you’re new to OKRs, check out our blog on the basics of OKR goals for a helpful overview.) In this article, we’ll focus on the software side of OKRs, and how the right tools can help you facilitate a great goal-setting process. Read on to learn more about five features we believe are critical for cre ..read more
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What We Learned From Scott Barry Kaufman on The Science of Thriving at Work
15Five Blog
by Genevieve Michaels
1M ago
Scott Barry Kaufman, Cognitive Scientist and Humanistic Psychologist and Founder, Center for Human Potential , delivered a keynote address at 15Five’s recent Thrive conference in Austin, Texas.  Passionate about human potential, Scott talked through many aspects of his research into personal development and fulfillment, from the value of effort over talent, to embracing inspiration in the workplace, to reframing Abraham Maslow’s famous hierarchy of needs.  Redefining Intelligence Scott Barry Kaufman is perhaps best known for his work towards redefining intelligence. Defined simp ..read more
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6 Things We Learned From Lily Zheng About the Unique Role of HR in DEIB
15Five Blog
by Nicole Klemp
1M ago
The best and brightest human resources leaders and practitioners in diversity, equity, inclusion, and belonging (DEIB) recently gathered in Austin, TX, for our Thrive by 15Five event to learn, share, and grow. Cara Pelletier, 15Five’s Senior Director of DEIB, was joined by Diversity, Equity, & Inclusion Strategist and Consultant Lily Zheng for a fireside chat about HR’s role in DEIB. Lily shared some incredible insights and tips from their new book, DEI Deconstructed: Your No-Nonsense Guide to Doing the Work and Doing It Right. Read on for six of our top takeaways from this illuminating co ..read more
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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022
15Five Blog
by Nicole Klemp
2M ago
An inspiring group of HR leaders from around the country recently gathered in Austin, TX, for Thrive by 15Five. At this year’s event, some of the brightest and most inspiring voices in HR came together to learn and share with one another. One of those leading voices belonged to internationally-known speaker, writer, and advisor Heather E. McGowan. In her keynote, Heather covered how people leaders should prepare their organizations for the rapid and disruptive changes occurring in education, work, and society today. Read on for five of our key takeaways from Heather’s insightful and inspiring ..read more
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15Five Celebrates HR Leaders Making an Impact With the First Annual High Five Awards
15Five Blog
by 15Five
2M ago
Here at 15Five, we believe that behind every successful employee is a dedicated HR professional or team that is working hard behind the scenes to make their employee experience amazing. We’ve also seen how, over the years, the role of HR has shifted from simply enabling the company and employees to survive, to unlocking employee potential and empowering employees to thrive. Everyday we are inspired by the HR leaders among our customers who are making real change at their companies to empower their employees. We know that the hard work done by HR professionals often goes unnoticed or unapprecia ..read more
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Ensure Fairness and Consistency During Performance Reviews with Calibrations
15Five Blog
by 15Five
2M ago
Here at 15Five, we know the importance of not only running regular performance reviews, but also in ensuring that the process is fair and equitable. With no intentional focus on fairness, it is easy for the review process to be biased and inconsistent across managers and teams, which can cause a lot of frustration and distrust, and undermine the performance review process at your organization. That’s why we don’t just offer the tools you need to run performance reviews — we also offer Calibrations, a feature that helps HR leaders reduce bias and create consistency across teams and managers. Th ..read more
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