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Use Behavioral Assessments to Attract, Retain and Develop Talent
Behavioral assessments are a hot topic for HR professionals. To start using behavioral assessments in your organization, it would be easy to select a tool that’s readily available, frequently advertised, or popular and buzzy in the marketplace.
But before you spend a significant amount of time and money investing in one, let’s answer some common questions about what they are,…Read More -
An HR Assessment Protects Your Business From Compliance Issues
You and your team have worked hard for your business’s success. Don’t let a compliance or HR-related misstep derail your hard work.
A comprehensive HR Assessment offers peace of mind that your human capital functions are competitive and compliant. Running an assessment is important because it helps your business mitigate risks and possible penalties, and it helps establish new best…Read More -
New Expertise Helps Fahrenheit Clients With Business Disruption Preparedness
No business or industry is insulated from disruption caused by technology advancements, workforce transitions, talent shortages, and other fast-moving trends. With the right planning, however, business leaders can anticipate disruption, avoid surprises, and seize opportunities.
Fahrenheit recently welcomed Peter Grimm and Jennifer Buchwald to help clients capitalize on change with:
Sophisticated strategic planning anchored by comprehensive market and competitive intelligence…Read More -
Case Study: Competitive Intelligence Helps Manufacturer Grow
Fahrenheit Advisors' Peter Grimm, a business strategy consultant and disruption planning expert, worked with this client to achieve its growth goals which included expanding into international markets. The following case study summarizes the engagement and outcomes.
A US fertilizer and agricultural equipment manufacturer sought to expand its operations to better serve a growing international customer base. To achieve its…Read More -
How Geography Affects Employee Compensation Philosophy
While 2022 brought back some sense of normalcy to the working world, the pandemic's aftermath still wreaks havoc in the world of compensation. Even companies accustomed to dealing with varying cost-of-labor rates based on multiple office locations face new challenges with remote and flexible work schedules.
The bottom line is this: if employees are working in multiple geographic locations —…Read More -
Business Process Automation: Start Small for Big Benefits
Automation is not as scary or complex for small and mid-sized businesses as you think. Start small and AIM AT Results.
When CEOs of small and mid-sized businesses see economic uncertainty on the horizon, they often need help determining where and when to rein in costs. The decisions are tricker for these companies because they lack the operational redundancies that…Read More -
How PTO Affects Recruitment and Retention – Part 2 of 2
There is so much more to consider beyond a standard PTO policy.
In this article, I'll cover other paid leave benefits including sick, bereavement, jury duty, volunteer, parental, family, medical leave, holidays, and part-time leave benefits.
In part one of this series, I discussed using paid time off (vacation and personal paid leave, in particular) to attract and retain quality…Read More -
Use a Balanced Scorecard to Measure Business Performance
“There were 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days.”
— Eric Schmidt, Executive Chairman at Google
The future’s history books — which I’m guessing will only exist in some digital format — will undoubtedly chronicle the past 50 years as a nearly incomprehensible explosion…Read More -
How PTO Affects Recruitment and Retention – Part 1 of 2
Explore the risks and benefits of unlimited PTO policies in this first of two articles about PTO's influence on recruitment and retention.
We’ve all heard about it… The Great Resignation, The Great Reshuffle, The Great Reevaluation, and Quiet Quitting. Whatever you call it, it’s left a lasting impression on companies and workers, even as the economy starts to cool. Unemployment…Read More -
CASE STUDY: Assessment & Successful Executive Search Enhances Sales
Reliable Payments provides merchants with tailored payment processing services and consultative solutions. Its programs are adaptable to help businesses across industries operate at their best.
During the pandemic, the firm experienced a significant turnover in sales leadership. CEO Patrick Gallagher stepped into the role to stabilize the team. Wanting to hire a seasoned sales leader with industry experience and to…Read More -
How to Address Brand & Culture Issues in the Workplace
With turnover rates expected to continue increasing, solving recruitment and retention issues is essential.
Laura Bowser, Managing Director of Fahrenheit’s Human Capital Consulting Practice, and Kelly O’Keefe, Co-founder and Managing Partner of Brand Federation, continue their conversation about how an organization’s brand and culture can help – or hinder – recruitment and retention efforts.
In part one of their chat,…Read More -
Talent Attraction Strategies & HR Challenges Shared at SHRM Conference
The Society for Human Resource Management (SHRM) conferences provide opportunities for human capital professionals to connect with their colleagues and obtain new learnings to grow their people and ultimately their organizations. Fahrenheit Advisors was an exhibitor at the Richmond, Virginia chapter's annual leadership conference in October, where we asked attendees to share their talent attraction strategies and toughest HR challenges…Read More