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Eagle Hill Consulting Employee Retention Index Spikes Upward, Signaling U.S. Workers Increasingly Likely to Stay at Their Jobs Through Year End

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Second Quarter 2024 Index Gains Driven Largely by Baby Boomer, Gen Z and Male Workers

ARLINGTON, Va., July 22, 2024 /PRNewswire/ — Employers can expect lower employee attrition through the remainder of 2024, according to the latest results of the Eagle Hill Consulting Employee Retention Index. For the second quarter of this year, the Employee Retention Index climbed to 105.1, its highest mark to date and up 8.3 points from the previous quarter.

These results follow the most recent U.S. Labor Department Job Openings and Labor Turnover Survey (JOLTS) that found that while hires and job openings rates as a percentage of total employment were higher for May, the quits rate was unchanged—a signal that employees are more likely to stay with their employer, even despite potentially having more outside opportunities. The Index also aligns with a recent analysis from Aon that found that voluntary turnover within companies has fallen from 17 percent in 2022 to 12 percent so far this year.

Notably, the Employee Retention Index spike for the second quarter of 2024 was driven largely by Baby Boomer and Gen Z employees. Reversing two consecutive quarters, Baby Boomers saw the largest increase to 114, indicating this cohort is most likely to stay in their jobs as compared other generations. Gen Z was close behind, rebounding to 107.4 following four quarters of relative weakness. Millennials continued their steady climb, scoring 107.6 on the Index. Gen X was lowest and the only generation to see a decline at 94.8.

When looking at gender, workers who identify as male are more likely to stay at their jobs for the next six months as compared to female identifying counterparts. A substantial gender gap remains, with men increasing more than 14 points to 113, while women increased less than two points to 95.9.

The Eagle Hill Employee Retention Index is a first-of-a-kind market indicator that provides employers with early signals of U.S. workers’ likelihood to leave or stay at their job. It tracks worker sentiment across four proven drivers of retention: organizational confidence, culture, compensation, and job market opportunity.

“Eagle Hill’s latest Employee Retention Index is welcome news for employers struggling to retain employees, which has become the norm amid a remarkably strong labor market and economy,” said Melissa Jezior, president and chief executive officer of Eagle Hill Consulting. “In fact, the six month retention outlook is the strongest since we launched the Index in early 2023.”

“The data also signals that Baby Boomers and men are the lowest attrition risk. Alternatively, Gen X and female employees are the highest attrition risk, two populations that score substantially below the overall Index. This detailed demographic data can be immensely valuable to employers as they craft employee retention and engagement programs to hang on to their top talent,” Jezior explained. 

Jezior added, “We also found intriguing the alignment of views amongst Baby Boomers and Gen Z, two generations that often are at odds in terms of workplace views and preferences. Both generations had sharp and almost parallel increases across three of the drivers of retention: organizational confidence, culture, and compensation.”

Looking at the Employee Retention Indicators, the Organizational Confidence, Culture and Compensation indicators all made gains this quarter. This is good news for employers looking to retain workers, as increases in these indicators correlate to lower employee attrition. More specifically for the second quarter of 2024:

Organizational Confidence came in at 104.4, up 8.4 points for the quarter, representing the biggest jump of the four indicators. Historically this has been the most volatile indicator.Culture clocked in a 104.2, up seven points.Compensation was measured at 105.2, up 6.6 points for the quarter, the strongest indicator for this quarter.Job Market Opportunity is at 101.6, up 2.8 points. This is the lowest of the indicators for the quarter, but it continues to be relatively stable.

Read more about the Eagle Hill Consulting Employee Retention Index findings.

Each month, the Eagle Hill Consulting Employee Retention Index forecasts shifts in workforce retention based upon ongoing employee opinion surveys on factors that directly correlate with employees’ intentions to make job moves:

The Organizational Confidence Indicator measures how confident employees are in their organization’s future and leadership.The Culture Indicator looks at how employee sentiment about their workplace culture, connections, and whether they feel valued and recognized.The Compensation Indicator measures how employees view their compensation, benefits, and ability to grow their compensation at their organization.The Job Market Opportunity Indicator measures how employees perceive external prospects for employment and job security in the near term.

As the Employee Retention Index increases, it signals an increase in retention in the next six months. As the Employee Retention Index decreases, it signals to employers that workers are more likely to leave their jobs, and organizations can expect more turnover in the next six months.

Understanding employee sentiment at a deep level has evolved into a competitive asset. With this new proprietary market indicator, employers have forward-looking insights to help proactively implement strategies to manage their workforce. While the Eagle Hill Employee Index isn’t a one-size-fits all for employers, organizations can use it to benchmark their organization and pinpoint their strengths and weakness. In doing so, employers can assess and make changes to ensure their workforce is motivated, engaged, and aligned with the organizational mission.

Results are released on a quarterly basis, including an annual summary report. Conducted by Ipsos, the Eagle Hill Employee Retention Index is a nationally representative sample of adults ages 18 and older who are employed full-time or part-time on a range of workforce topics. Survey data is collected on a monthly basis, which commenced in December 2022. The most recent data was collected from June 3-4, 2024.

Eagle Hill Consulting LLC is a woman-owned business that provides unconventional management consulting services in the areas of Strategy, Performance, Talent, and Change. The company’s expertise in delivering innovative solutions to unique challenges spans across the private, public, and nonprofit sectors. A leading authority on employee sentiment, Eagle Hill is headquartered in the Washington, D.C. metropolitan area, with employees across the U.S. and offices in Boston and Seattle. More information is available at www.eaglehillconsulting.com.

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SOURCE Eagle Hill Consulting LLC

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Kratos Capital Announces Acquisition of Weldon Services by Upchurch Services, LLC

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September 27, 2024

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This acquisition strengthens Upchurch’s market position while unlocking new growth potential for Weldon Services.

DALLAS, Sept. 27, 2024 /PRNewswire-PRWeb/ — Kratos Capital, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the successful acquisition of Weldon Services by Upchurch Services, LLC, a portfolio company of Broadwing Capital. This strategic acquisition allows Upchurch Services, LLC to enter the highly sought-after Dallas/Fort Worth Metropolitan Statistical Area (MSA), expanding their market presence and service capabilities. The deal was closed on September 12, 2024.

Weldon Services, known for providing exceptional mechanical, electrical, and plumbing (MEP) services across Dallas and Ft. Worth, brings decades of expertise and a strong client base. By joining forces with Upchurch Services, LLC, a prominent provider of specialty contracting services backed by Broadwing Capital, both companies are poised for significant growth.

This acquisition provides Upchurch with an important foothold in the Dallas/Fort Worth MSA, one of the fastest-growing metropolitan areas in the country. The region offers significant opportunities for expansion in commercial and residential markets, and the addition of Weldon Services’ capabilities further strengthens Upchurch’s service offerings in mechanical and electrical contracting.

Kratos Capital, a trusted name in managing complex M&A transactions, facilitated the deal, ensuring a seamless integration of Weldon Services into the Upchurch portfolio. The partnership between Weldon Services and Upchurch Services, LLC is expected to create new opportunities for both companies while enhancing their ability to deliver top-tier services to clients in the region.

Additional information regarding Kratos Capital, its M&A services, and previous M&A dealings can be found on the company website.

Kratos Capital is a distinguished M&A firm with over a century of combined experience in the industry, dedicated to exceeding client expectations through expertly crafted exit strategies that maximize shareholder value. Serving clients across the United States, Canada, and South America, they specialize in enhancing the sale and divestiture process using proprietary technology and a principal mentality to ensure successful and satisfying transitions.

Media Contact

Josh Bammel, Kratos Capital, 1 (214)684-9101, josh@kratoscap.com, https://www.kratoscapital.com/

View original content to download multimedia:https://www.prweb.com/releases/kratos-capital-announces-acquisition-of-weldon-services-by-upchurch-services-llc-302259591.html

SOURCE Kratos Capital

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AT&T Declares Dividends on Common and Preferred Shares

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September 27, 2024

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DALLAS, Sept. 27, 2024 /CNW/ — The board of directors today declared a quarterly dividend of $0.2775 per share on the company’s common shares, payable November 1, 2024.

Key Takeaways:

The board of directors declared a quarterly dividend of $0.2775 per share on the company’s common shares.Dividends on common stock as well as Series A and Series C preferred stock are payable on November 1, 2024.

The board of directors of AT&T (NYSE: T) today declared a quarterly dividend of $0.2775 per share on the company’s common shares.

The board of directors also declared quarterly dividends on the company’s 5.000% Perpetual Preferred Stock, Series A and the company’s 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. The Series C dividend is $296.875 per preferred share, or $0.296875 per depositary share.

Dividends on the common stock and Series A and Series C preferred stock are payable on November 1, 2024, to stockholders of record of the respective shares at the close of business on October 10, 2024.

About AT&T

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com. 

 

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SOURCE AT&T

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Renal Support Network to Host 31st Annual Kidney Disease Education and Lifestyle Meeting Virtually

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September 27, 2024

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Hope Week 2024 Offers Five Days of Inspiration, Education, and Support for People Living with Kidney Disease, Their Families, and Healthcare Professionals

GLENDALE, Calif., Sept. 27, 2024 /PRNewswire-PRWeb/ — Renal Support Network (RSN) will host its 31st Annual Kidney Disease Education and Lifestyle Meeting from October 9th-13th, 2024. For over three decades, RSN has hosted this highly regarded event, providing education, resources, and support for people living with kidney disease, their families, and healthcare professionals. This event, aptly named Hope Week, will continue this tradition with a focus on fostering hope and empowerment for those affected by kidney disease.

RSN Founder/ President Lori Hartwell reflects, “Fear arises from a lack of understanding, and loneliness can be eased by connecting with a community that truly understands what you’re going through. Hope Week addresses these challenges. Knowledge and confidence in navigating care is within reach.”

Each day of the event will center on a different stage or aspect of chronic kidney disease (CKD), covering topics such as diagnosis, dialysis, kidney transplant, and daily lifestyle challenges. Esteemed healthcare professionals, along with those from within the kidney community who have learned to thrive in spite of having kidney disease, will share their expertise, advice, and personal stories, offering valuable insight into living and thriving with CKD.

RSN remains committed to equitable access to information and resources, ensuring that no individual faces barriers to participation. By utilizing a virtual platform, the meeting allows those who may face physical, geographic, or financial constraints to engage fully in the event.

Hope Week provides not only education but also inspiration and a chance to connect with a supportive community of people who have been there. It’s a unique opportunity to hear firsthand from those who have walked the path and to learn about the latest advancements in kidney care.

RSN Founder and President Lori Hartwell reflects, “Throughout my journey—marked by more than 50 surgeries, 13 years on dialysis, and four kidney transplants—I’ve faced some of life’s toughest lessons. These were not the lessons you learn in school, but ones born from personal experience. I know many of my peers share the same fears and feelings of isolation that I’ve experienced. Fear often arises from a lack of understanding, and loneliness can be eased by connecting with a community that truly understands what you’re going through. That’s exactly what Hope Week provides: five days of inspiration and education designed to address these challenges. One of the cornerstones of RSN is the motto, ‘an illness is too demanding when you don’t have hope’, and Hope Week is here to remind everyone that connection, knowledge and confidence in navigating care is within reach.”

Key Event Highlights:

There are no fees to attend.

Free Gift for Attending: All attendees receive a complimentary gift from RSN.

The event starts later in the afternoon on the weekdays so that people who work can attend.

Daily Focused Sessions: Each day will highlight a different stage or aspect of CKD, including topics such as diagnosis, dialysis, kidney transplants, and the management of daily lifestyle issues.

Expert Speakers and Panelists: Renowned healthcare professionals and experts from the kidney community will offer advice and discuss the latest developments in kidney care.

Patient and Caregiver Stories: Attendees will have the opportunity to hear inspiring personal stories from patients and caregivers who have firsthand experience managing CKD.

Interactive Q&A Sessions: Participants will be able to engage directly with speakers and panelists, asking questions and gaining insight into various aspects of kidney disease management.

Access for All: The virtual platform ensures that individuals from across the globe can participate, regardless of their location or circumstances.

Networking and Support: Hope Week will also feature opportunities to connect with others who are experiencing similar challenges, creating a supportive and uplifting environment.

Youth and Family Day: Parents share their tips for coping with challenges of a busy family life and young adults share their stories about transitioning to adulthood, finding independence, a career, dating and school.

Lifestyle Expo: Explore virtual booths featuring kidney-friendly products, services, and resources.

To see the full agenda and to register go to RSNHope.org/HopeWeek.

RSN would like to thank our 2024 Hope Week sponsors: Akebia, Amgen, Alexion, Ardelyx, AstraZeneca and U.S. Renal Care.

The Renal Support Network is a Registered 501(c)(3) Non-profit and serve people throughout the United States.

Lori Hartwell founded Renal Support Network in 1993 to empower people who have kidney disease to become knowledgeable about their illness, proactive in their care, hopeful about their future and make friendships that last a lifetime. Lori suffered kidney failure at the age of two, survived 50+ surgeries and 13 years of dialysis, and is now living with her fourth kidney transplant.

RSN’s hopeful and life-enriching, non-medical programs help people who have kidney disease and their families, whether they are in the early stages of the disease, are on dialysis, or have received a transplant. www.RSNhope.org.

Media Contact

Suzette Maffi, Renal Support Network, 1 (818) 543-0896, Info@RSNhope.org, https://www.rsnhope.org/

View original content to download multimedia:https://www.prweb.com/releases/renal-support-network-to-host-31st-annual-kidney-disease-education-and-lifestyle-meeting-virtually-302259594.html

SOURCE Renal Support Network

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