Considering a Business Restructure? Important Factors to Consider

Written by Technology Magazine on June 28th, 2017. Posted in Executive search consultant service, Human resources executive search, Outplacement consulting company

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Restructuring is a common practice that is used when a company is losing money or not producing as much in profits as it once was. The restructuring process involves going through every aspect and expense of the business and evaluating its purpose and need. This includes employee departments. In many cases, jobs will be cut and employees will be laid off or permanently let go. This process is extremely difficult and requires careful consideration and evaluation.

Develop a restructure plan

Before you begin to make cuts and lay off employees, it is important to develop a restructure plan. Establish exactly how much needs to be cut, and from what department

Make Employee Satisfaction a Priority to Reduce Turnover Rates

Written by Technology Magazine on June 1st, 2017. Posted in Human resources, Outplacement consulting company, Outplacement consulting firms

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High employee turnover and retention rates can be a costly process for some businesses. When you put a lot of time and resources into the hiring of an executive level employee and they do not stick around for long, the process was wasted. How can you reduce high executive employee turnover rates? To begin, always take care of your employees. The following methods are important in keeping your staff satisfied and challenged in a successful economy that encourages high turnover rates.

Put more effort in the hiring process

Hiring too quickly can leave you with poorly matched and unqualified executive candidates. A recent survey by Robert Half showed that one third (36%) of 1,400 executives surveyed felt the top factor leading to a failed hire, aside from performance issues, is a p