Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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11 numbers to know in 2024 — starting with FSAs, 401(k)s

HRExecutive

According to recent figures released by the Internal Revenue Service , limits on out-of-pocket expenses and contributions to flexible spending accounts , 401(k)s, health savings accounts and high-deductible health plans will increase in 2024. - Advertisement - These increases come as the inflation rate remains stubbornly high at 3.2% in October. And economists say this rate is not likely to fall to the Fed’s long-term target of 2% in 2024.

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How Leaders Can Quickly Reduce Their Stress Levels

Forbes Coaches Council

There's a simple solution: Ask every one of your direct reports what their system is for tracking things that have been assigned to them.

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Fake candidates, hallucinated jobs: How AI could poison online hiring

Fast Company The Future of Work

With candidates and employers both using AI to expedite recruitment, some form of mayhem is inevitable in 2024, predicts Forrester.

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AI in HR: Revolutionizing the Future of Human Resources

Darwinbox

From cost savings to improved performance, AI has had a significant impact on every aspect of HR. In this article, we will explore how AI-powered tools are increasing efficiency in hiring processes, improving employee satisfaction, enhancing data analysis, streamlining onboarding and training, and reducing bias and discrimination. You will also learn about the challenges that AI brings, and read about successful examples of implementing AI in HR.

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The Rules Do Apply: Navigating HR Compliance

Speaker: Ann Meyers Piccirillo

HR Compliance is like a giant game of whack-a-mole. Once you think your company is compliant with all policies and procedures documented and in place, there’s a new or amended law, regulation, or final rule that pops up landing you back at ‘start.’ There are shifts, interpretations, and balancing acts to understanding compliance changes. Keeping up is not easy and it’s very time consuming.

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HR Leadership: A Fresh Perspective on Shaping Organisational Success

EmployeeConnect

In the corporate landscape where the mantra of ‘People First’ echoes among CEOs, a noticeable gap persists in recognising the pivotal role of HR professionals at the executive level. Despite the prevalent buzz around ‘human capital’ and ‘performance,’ only a handful of business leaders seamlessly integrate HR into their decision-making processes.

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Gender Bias in Hiring: How to Eliminate It

Ongig

Gender bias, often unconsciously, plays a major role in hiring and leads to irrational decisions about who gets hired or not. Whether we like it or not, biases are a part of human nature – they help us simplify the complexities of daily life. We all generalize, make associations, have unintentional attitudes, and believe in certain stereotypes. Today, we will talk about how hiring people based on their gender is a common bias.

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Diversity and Inclusion in Recruitment: Leveraging Job Portals to Attract a Varied Talent Pool

Hppy

Diversity is not just a buzzword for modern companies, but a business imperative. Having a diverse workforce is beneficial since it brings varied perspectives, contributes to innovation, and reflects our globalized world. Likewise, inclusion ensures every employee feels valued and respected, enhancing teamwork and productivity. Developing an effective diversity recruitment strategy goes beyond ticking boxes.

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6 Tips for Adopting a Four-Day Workweek

Great Place to Work

Rimini Street, a global software and engineering services provider, shares how it tested and expanded a pilot program to its 2,000 global employees. Despite improved workplace experiences at the typical U.S. workplace, most companies have yet to crack the code on employee well-being. Great Place To Work® surveyed more than 4,400 U.S. employees in a market study in July of 2023.

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What Brokers Can Be Thankful For This Year

Extensis

Quick look: The season of gratitude is here, and it’s an ideal time for brokers to pause and take stock of the many things they are grateful for. Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. Thanksgiving is quickly approaching, as is the new year, making it a natural time to reflect on what has gone well so far this year and what may lie ahead in 2024.

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Automate Your Onboarding Process In 7 Steps

Efficient employee onboarding is more than a warm welcome—it's a catalyst for business growth. Automated onboarding transforms new hires into productive team members faster, fostering long-term satisfaction and talent retention. For HR, automation means replacing inefficient manual processes with streamlined, cost-effective operations. Our eBook reveals how automating employee onboarding delivers these benefits, reducing HR challenges and elevating new employee readiness.

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I have a new staffing agency, where do I start? 5 ways to get new clients

Bullhorn Blog

The staffing industry is built on relationships , literally and figuratively. Many new business owners get up and running by building relationships with a few tried and true clients. But how can you identify new partnerships and get new clients for your staffing agency? It’s a struggle that faces new and tenured staffing firms. Wherever your business is on its journey, prospecting new clients is essential for finding and maintaining success.

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How to Make a Work Schedule

Homebase

Let’s face it—scheduling can be stressful. And if you’re new to creating work schedules, it can be a bit complicated to wrap your head around. But employee scheduling isn’t just something you can tuck away and forget about. It’s a key part of building a successful small business and managing a team. Lucky for you, whether you’re growing your team or new to scheduling—we’ve got you covered.

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Counting Blessings: Embracing Gratitude and Thankfulness During the Holiday Season

Essium HRM

At Essium, we are incredibly thankful that we get to serve such fantastic clients throughout the year. Without our clients, we wouldn’t be the company we are today, and we are eternally grateful for the trust they extend to us each and every year. With the holidays approaching, many staffing firms also want to express their gratitude and thankfulness to their client companies and candidates.

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A Complete Guide to Hiring Employees in Hong Kong

Recruiters Lineup

Hiring employees in Hong Kong involves navigating a complex set of legal, cultural, and administrative considerations. Whether you are a multinational corporation establishing a presence in the region or a local business expanding your workforce, understanding the intricacies of the hiring process is crucial. This guide aims to provide a comprehensive overview of the key aspects of hiring employees in Hong Kong.

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Modernizing Hiring: The Rise of Contingent Recruitment in 2024

The job market is changing fast, and to stay ahead, your hiring strategy needs to be flexible. With recent economic shifts, more companies are turning to contingent workers for their adaptability and cost savings. In fact, 32% of businesses are already prioritizing contingent over traditional full-time positions. Curious to learn more? In our new guide, you'll discover: The major benefits of incorporating contingent workers into your team.

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What Is Talent Relationship Management? The Process in 7 Steps

Analytics in HR

Talent relationship management takes a strategic approach to cultivating relationships with candidates and employees. It includes the practices, strategies, and technologies used to create and sustain meaningful long-term connections with candidates in the hopes of hiring them eventually. The importance of talent relations management is more relevant now than ever.

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I have a new staffing agency, where do I start? 5 ways to get new clients

Bullhorn Blog

The staffing industry is built on relationships , literally and figuratively. Many new business owners get up and running by building relationships with a few tried and true clients. But how can you identify new partnerships and get new clients for your staffing agency? It’s a struggle that faces new and tenured staffing firms. Wherever your business is on its journey, prospecting new clients is essential for finding and maintaining success.

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4 Hiring Strategies in a Construction Labor Shortage | ClearCompany

ClearCompany HRM

Skilled labor shortages aren’t uncommon in many industries today, but construction is certainly among the most affected. After losing much of its workforce during the pandemic, the industry added 219,000 jobs over the past year. Construction employment recently reached a record high , while its October 2023 unemployment rate of 4% was up from 3.8% the previous month, a record low.

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The Disengagement Epidemic: Uncovering Root Causes and Finding Solutions

15Five

Employee disengagement is still an ongoing challenge in today’s workforce, and it can cost organizations a lot. As a performance coach at 15Five, I run into the issue of what to do when employees are disengaged again and again. It’s good that HR leaders and managers want to fix disengagement, but they often wait until it’s a major issue before they attempt to address it.

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The Essential Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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Thank You. 4 Ways to Make Those Two Words Count

The People Equation

On a Mother’s Day many years ago, I received what remains one of the most delightful and meaningful Thank You notes ever. The sender was my son’s Little League coach, Coach Bob, who demonstrated a leadership quality that went beyond the baseball field. People appreciate being thanked. This is true whether you’re a Little League mom, a government worker or employed by a large company.

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Peer-to-peer recognition: Why it’s crucial in 2023.

EmployeeConnect

In the realm of employee retention, it’s crucial to recognise not only the accolades from our direct superiors but equally the commendations from our peers. Colleagues, navigating through similar challenges, possess a unique insight into when expressions of gratitude are truly warranted and appreciated. Elevating beyond conventional methods, employee acknowledgment emerges as a potent force propelling motivation and engagement.

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Five ways to overcome management delusion

HR Zone

To construct an office building is a complicated problem. To nurture corporate culture, on the other hand, is a complex challenge.

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Executive dismissal at OpenAI: many lessons for businesses

Workable

Firing a CEO is a big decision and should not be taken lightly – especially when the company is in the limelight like OpenAI is. Since the board of OpenAI fired CEO Sam Altman last week – and even with his reinstatement as top boss – it’s been one news story after another. First, the standard, “CEO fired articles,” and now we saw information like this: Good Morning Everyone!

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?

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The Benefits of Relocation for Career Growth and Development

UrbanBound HR

Often, when organizations share their reasons for investing in corporate relocation programs, they’re focused on the benefits they provide back to the employer, but the relocation experience can (and should) offer significant benefits to employees, too.

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The Role of HR In Building Strong Communication Skills In An Organization

Hppy

In any organization, strong communication skills are essential for smooth operation and positive work culture. The HR department plays a pivotal role in establishing this foundation of communication. They must ensure that every employee understands their responsibilities and has a clear path to express their thoughts or concerns if needed. Moreover, as gatekeepers of company policy, HR also needs to explain these guidelines effectively.

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What HR needs to consider when organising work Christmas parties

HR Zone

Although the Christmas party is held outside of the traditional working hours the employer is still responsible for the wellbeing of their employees as

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Employee performance standards policy template

Workable

Having a well-defined employee performance standards policy can benefit HR professionals in several ways. Firstly, it provides a clear framework for evaluating employee performance, making it easier to identify areas where employees need improvement. Secondly, it helps ensure consistency in applying performance standards across different departments and teams, promoting fairness and equity.

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AI & DEI: With Great Opportunities Comes Great HR Responsibility

Speaker: Jen Kirkwood - Partner, Responsible HR & AI at IBM and World Economic Forum Executive Fellow

The promise of AI for today’s organizations is real, yet in a frenzied state of experimentation, many stumble to get to a full-scale enterprise. As companies race to discover what generative AI can do, HR must lead conversations about how to balance cutting-edge innovations with integrity, trust, and diversity. Globally, organizations are at a critical intersection of Diversity, Equity, Inclusion, and AI acceleration.

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How To Create A Coaching Culture With ‘Self-Made’ Leaders

Forbes Coaches Council

When executives see themselves as being “self-made” and haven’t experienced coaching, building a coaching culture can pose unique challenges—but not insurmountable ones.

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Harnessing AI for Employee Engagement and Strategic Talent Management

Hppy

Artificial intelligence (AI) helps in managing and supporting people at work. Onе-sizе-fits-all management is an old concept. AI helps in handling the employees according to their own unique needs and prеfеrеncеs. It makеs the еnvironmеnts bеttеr. It predicts when employees might want to leave. Thеrеforе, it hеlps in making thеm happiеr on thе job.

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Want to Succeed at Upskilling? Lead With Hands-On Learning

TalentCulture

Corporate learning and development (L&D) is at a crossroads. Today’s workforce desperately needs a skills update to prepare for the future of work, and old-school strategies aren’t rising to the challenge. Instead, organizations are rapidly turning to hands-on learning. Here’s why… Skills development was once reserved only for high-potential employees.