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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Further, skillsets for jobs have changed by around 25% since 2015, a figure that’s expected to double by 2027. Ideally, corporate cultures should value upskilling and reskilling , and strive to unlock employee potential, improve job satisfaction, and drive engagement to encourage increased productivity and retention.

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How to Make the Case for Continuous Performance Management

Reflektive

Morgan launched real-time feedback, and Accenture led the way back in 2015, citing bad ROI as the determining factor for eliminating its ratings and annual review program in favor of continuous performance management. You have a retention problem , and it costs up to 200% of an employee’s salary to replace him or her.

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Transforming Performance Management for Increased Agility

HR Bartender

Performance management needs to do both. Performance management systems need to be flexible and adapt with the times. But the real challenge in transforming performance management is engagement with the process. Agility in Performance Management. Trends in Performance Management.

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What is Voluntary Turnover? Definition, Causes, and Calculation

Analytics in HR

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

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Better HR Communication for a Better 2015

UpstartHR

Here are a few ideas to consider based on the results of Brandon Hall Group’s Business Focus 2014: Leaders’ Top Priorities report: Talent retention—Discuss retention initiatives and any cost savings associated with reduced turnover. The post Better HR Communication for a Better 2015 appeared first on upstartHR.

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Major Studies Detail Correlation Between Employee Engagement and Retention

Hoops

Recent Studies Detail Correlation Between Employee Engagement and Retention. The most serious challenge facing Human Resources is not benefits, compensation, or performance management. For two years running, the top two HR challenges have been employee retention and employee engagement. Deloitte Millennial Survey.

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People Analytics and HR-Tech Reading List

Littal Shemer

It covers all the core areas of HR including recruitment, performance management, learning and development (L&D), and reward. It allows HR professionals and business executives to translate their data into tangible actions to improve business performance while navigating the rapidly evolving world of work. Cascio, Alexis A.