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Reflecting on What We Learned from the IEDC 2017 Conference

Posted by Joel Simon on November 3, 2017

Topics: Workforce Development, Best Practices

With the theme “Going Global,” the International Economic Development Council (IEDC) held its 2017 gathering in Toronto. As we consider how economic development trends impact any given local or regional workforce, globalization is an idea that sparks fears of offshoring, downward pressure on wages and changes to labor markets that can leave many unconnected to that global economy and the prosperity that it makes available to some.

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Talent in the Driver Seat: Reflecting on the 2017 Mid-American Economic Development Council Best Practices Conference

Posted by Brian Sorenson on August 17, 2017

Topics: Workforce Development, Best Practices

As communities work to differentiate themselves in an increasingly competitive global economy, the need for alignment between economic and workforce development has never been more important. Today, successful communities of all sizes, urban and rural, are building this workforce alignment proactively and through a coordinated, systematic approach that helps to drive economic growth.

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Chicagoland Businesses Swap Solutions and Successes for Veteran Employment with Veterans Working Group

Posted by Brian Sorenson on February 21, 2017

Topics: Veterans, Case Studies, Best Practices

It’s no secret that military veterans make for exemplary employees. Driven, skilled and hardworking by nature, veterans bring the same determination that helped them serve our country with distinction to the workforce. Even though businesses are taking greater steps to hire these valuable employees, it’s clear that there remain barriers between many veterans and would-be employers.

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Apprentices Are Welcome Guests at Hilton Worldwide

Posted by Brian Sorenson on February 8, 2017

Topics: Knowledge Transfer, Recruiting Talent, Employee Training, Best Practices

Recently, we shared an article from the New York Times that looked at the state of factory jobs and the credentialing now necessary to get them. Factories, it turns out, are now demanding the same level of education attainment that most other well-paying jobs demand. But with a four-year degree not always the best choice to gain the skills necessary for every position, apprenticeships have started to return to the forefront as a viable alternative to a postsecondary degree.

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Looking to Motivate Employees? Promotions, Not Salary Increases, May Be your Best Bet

Posted by Brian Sorenson on January 5, 2017

Topics: Workforce Development, Best Practices, Career Pathing

A new study from advisory firm Korn Ferry has provided some surprising insight into the most effective way to motivate employees. Flying in the face of conventional wisdom on the subject, a job promotion, not a salary increase, is the most commonly preferred form of recognition for employees, per the results of Korn Ferry's survey. According to the study, 63 percent of employees prefer recognition of a job well done by way of a promotion without a pay increase over a salary bump without any additional recognition.

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Three Workplace Trends to Watch for in 2017

Posted by Brian Sorenson on January 3, 2017

Topics: Career Pathing, Employee Retention, Best Practices

It's a new year, bringing with it new trends in response to the rapid evolution of today's workplace. Throughout 2016, companies were committed to building stronger and more agile workforces, leading to promising new technology, initiatives, research and partnerships to encourage growth. Thankfully, 2017 looks to pick up where 2016 left off, showing great promise for organizations and their employees. Here are three trends to be on the lookout for in 2017.

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CAEL’s New E-book Helps Managers Keep Talent Flight Grounded

Posted by Brian Sorenson on November 14, 2016

Topics: Employee Retention, Workforce Development, Best Practices

The true monetary costs of talent flight will always vary by organization. Yet one element of talent flight is constant wherever it occurs: talent flight robs organizations of the employees they need to meet their goals. Forced to expend money, time and resources recruiting, hiring and training new employees—a study by the Center for American Progress shows the cost to hire a new employee could be as high as 20 percent of the annual salary for an employee earning from $30,000 to $50,000—organizations lose out in many ways when employees leave.

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Learn to Look Fearlessly at ROI

Posted by Beth Doyle on May 28, 2016

Topics: Best Practices

The ROI on employer-sponsored learning is quite impressive.

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Where Diversity in the Workforce Starts

Posted by Beth Doyle on April 28, 2016

Topics: Recruiting Talent, Best Practices

About 3,000 four-year colleges and universities exist in the United States, and the more elite of these institutions of higher education offer degrees that are “golden tickets.” That is, those who earn them have access to the best opportunities in the American workforce.

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Today's Technology-Driven World Drives Workforce Cultivation

Posted by Debra Steele on March 3, 2016

Topics: Best Practices, Talent Management, Employee Training

Technology, technology, technology. It’s changed the way we all do business, and in the fitness industry it is changing the landscape at break-neck speed.   While our company began in the 1960s manufacturing the Lifecycle exercise bike, today we design and manufacture fitness equipment in every major category for both commercial and consumer use, and the products we create more closely resemble high tech gadgets that interact with computers, phones and other electronic devices than they do the stationary bikes of yesteryear.  

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