US payrolls grew by 136K jobs in Sept. | HR experts: Employee retention starts in the interview | 4 ways to close the gender gap in workplace wellness participation
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The US economy added 136,000 jobs in September, per the Bureau of Labor Statistics, which was below the 145,000 jobs that economists had expected. The unemployment rate fell to 3.5%, while average hourly earnings rose 2.9% year over year.
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Efforts to keep employees around start even before the candidate accepts the job offer, according to the panel of human resource experts. Time and money should be spent on retention, and it starts as early as the interview process because this is where workers get a first glimpse of the company.
A Gallup poll found that while American workers are mostly satisfied with their jobs, they are less content about their health insurance and retirement benefits. Only 41% say they are completely satisfied with their health insurance and just 36% say they are completely satisfied with their retirement plan.
Skip-level meetings, or meeting with people two or more levels above or below you, are a valuable way for high-level managers to uncover concerns and hear feedback they would otherwise miss, writes Claire Lew, CEO of Know Your Team. Create an agenda with the employee but don't use the time to make decisions or argue with their point of view, she writes.