The Connector: Edition 25
Posted by The O'Connor Group on August 18, 2021
We hope you are enjoying the final weeks of summer!
We had a lot of our team members take a well-deserved vacation during August so we thought it would be fun to surprise them with some delicious bites from our friends at Hope’s Cookies! Our team proved sharing is caring however, some admitted it was difficult to share these delicious cookies! 🍪
1. Should You Invest in Talent?
Companies that focused on "targeted talent investments" in 2020 are seeing an increase in revenue by 8.2% in 2021. By finding the balance between cost savings and bold talent investments, these companies have continued growth capabilities and are proving talent investments pay off. Investing in talent in the early stages drives productivity, satisfaction, and loyalty.
2. Inspire Retention- Paid Leave
It is no surprise gendered norms and the child-care gap are drawing workers, especially women, from the workplace. According to the National Women's Law Center, this past February, the women’s labor force participation rate (57%) was already the lowest it had been since 1988. Keeping morale and productivity at the forefront along with paid leave proves critical for talent retention. Less turnover means less capital spent on recruitment, hiring, and training.
3. Thriving at Work and at Home
Does your organization make accommodations for the unique challenges working parents are facing? Supporting working parents can positively impact a company's bottom line. The job search is no longer just about 401(k) planning and PTO. It is about the perks and flexibility that make working and parenting easier to juggle.
4. A Workplace That Works for Everyone
As offices are reopening- employees have the greatest bargaining power when it comes down to remote work. Remote work prior to COVID-19 was a status symbol that at times divided and created resentment among employees. In order to avoid "The Great Resignation," leaders should strive to create a comfortable work environment that keeps their team together rather than separating out those who work from home or venture into the office.
5. Show Off Your Management Skills
In leadership roles, we are required to communicate and collaborate with clients, teammates, direct reports, and prospects. Recognizing your management skills can help on all levels and the journey of a career path.
Leadership, communication, problem-solving, inclusivity, the ability to give and receive feedback, project management, and emotional intelligence are seven types of management skills that are considered integral to good management.
6. Managers Have Superpowers!
HR leaders can pave the way managers lead their team, improve morale, productivity, and operations simply by helping them find their hidden superpowers.
Position power, expert power, and personal power are three hidden superpowers that managers can harness to elevate their teams. The best part, these superpowers can be used for the greater good at work and in life!
Public service announcement: summer is not over yet! There is still time to visit Montgomery County, PA in August for some kayaking, happy hours & brew tours, historical visits, and more!
Did you know Philadelphia was home to the first computer? We love a good history lesson. These 9 Unusual Historical Facts about Philadelphia, although weird, will definitely surprise you about the City of Brotherly Love!
Need a getaway? Check out our nation's capital on Labor Day weekend! There are so many venues, events, and eateries to visit. Here are 12 ways to enjoy Labor Day in Washington, D.C.
Save the date for the Great Gals Brunch benefiting Bringing Hope Home on Sunday, September 19 from 11:00 AM- 2:00 PM at the Springfield Country Club. Enjoy a fun morning with friends and family, a wonderful brunch, silent auction, wine pull, and more. Join HOPE Nation and help families with cancer pay their bills.
Need some emotional and mental wellness? Try this...Care Package Challenge!
If it's been a while since you have seen a family member, friend or even a team member try sending them a care package! Participating in a care package challenge will benefit both parties by creating positivity and excitement for not only the recipient but for yourself! Try sending your friend a Knack package! Let’s help another female entrepreneur out there! Have a great week – keep being positive! We can do anything!
This information is provided for informational purposes only and should not be taken as legal advice. The O’Connor Group makes no representations as to the completeness, suitability, or validity of any information contained herein and will not be liable for any errors or omissions.