Worklytics Monthly Newsletter
Worklytics
The Work Insights Platform | Data and actionable metrics for People Analytics Teams
Infographic of the month at?Worklytics
Here we highlight an interesting infographic we recently saw or created
Employee Networks Post-Reduction in Force/ Restructure
Did you know:?The most vulnerable time for a team is typically right after a round of layoffs or Reduction-in-Force (RIFs).?
Morale slips and trust in the organization falls, leading to inefficiencies in teams and higher-than-expected attrition. In fact, most restructuring experts typically advise their clients to expect employee survey scores to dip by 40-50% and attrition rates 6 months after a RIF to be as high as half the layoff percentage. So a company that lays off their “bottom 10%” can expect to lose 5% of the team they chose to retain within 6 months after the layoffs.?
Team morass has also proven to be contagious and spread amongst closely connected team members, further amplifying the inefficiencies. We have worked with clients over the years to identify and curtail these inefficiencies by retaining their remaining talent and normalizing attrition rates. We combine ONA data with survey results to help companies understand which teams are?at high risk for low morale/high attrition and where companies can build targeted programs to better communicate, connect and enable organizational cohesion.
Interview of the Month
Check out the latest episode of the Worklytics Coffee Chat series for the Work Analytics Podcast.
This time Shwetha got a chance to interview two experts on the Future of Work, Emily Klein and Meryl Rosenthal, on a top that has been top of mind for many of us, especially since the latest?McKinsey & Company?report on Women in the Workplace, i.e. What does the Future of Work look like for?women?in the workplace??
We discuss how we have seen workplace processes and strategies evolve over our careers, what success means for us and how that has changed as we have grown as leaders, and which trends/highlights are we seeing that give us the most hope for the future.?
Emily and Meryl also discuss areas and strategies they have deployed to help them build inclusive cultures for their organizations and share ideas on what companies can do in 2023 to ensure we can stem the exodus of women from the workforce.
Top of Mind at?Worklytics
The topics that we have been thinking about the most
领英推荐
Case Study: How to make “Return to Office” successful for your team
Over the last few months, we’ve helped several organizations adapt to hybrid and various return-to-work strategies.
One of our customers, a well-known Silicon Valley-based “unicorn," recently needed help overcoming significant challenges with how their teams coordinated effectively, with some teams working on hybrid schedules and others remaining remote.
The Client Problem
Since their transition to remote, they had been dealing with complaints and low employee sentiment around decision-making and coordination. Employees reported that it had become harder to get things done and that coordination and decision-making had become slow. What was equally alarming to them is that they were starting to see significant attrition among key talent, partly as a result of these challenges. While they hoped that having many team members return to the office on a hybrid work schedule would solve some of these concerns, there was a good portion of the team still remote, and the client was particularly concerned about further disruption to team collaboration and effectiveness due to the new ways of working.?
Updates at?Worklytics
??New Team Member ?? Please welcome Catherine Coppinger to the Worklytics team
We are incredibly excited to welcome?Catherine Coppinger?to the?Worklytics?team as our new Head of Customer Insights. Catherine brings a wealth of experience helping customers derive actionable insights and value from their data. We can't wait to see the great things she does here at Worklytics!
What we are reading / listening to
Articles we found interesting:
Book of the month: