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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

A wave of layoffs has struck companies across the world, especially in the tech industry, with 575 tech companies having already laid off 1,69,858 employees in 2023 (Layoffs.fyi). The seeds of the layoffs were sown during the COVID-19 pandemic, which pushed a greater number of people online. How did we get here?

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Is the HR Accountable for the Mass Layoffs?

Keka HR Blog

A wave of layoffs has struck companies across the world, especially in the tech industry, with 575 tech companies having already laid off 1,69,858 employees in 2023 (Layoffs.fyi). The seeds of the layoffs were sown during the COVID-19 pandemic, which pushed a greater number of people online. How did we get here?

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6 Reasons Why Salary is the #1 Lever to Attract Talent [+ keep them!]

Ongig

Workable’s “Great Discontent” survey of 750 U.S.-based Market pay drives employee retention. Remember, employee turnover is expensive. employers to boost 2023 pay raises (by WTW) Is salary important to workers? This saves time and effort during your recruitment process. first appeared on Ongig Blog.

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Employee lifecycle: it’s not the destination, it’s the journey

Workable

Recent Gallup research indicates that organizations with a strong understanding of the ELC have 41% lower absenteeism and 24% lower turnover in high-turnover organizations. It’s a continuous cycle that includes 6 critical stages: Attraction, recruitment, onboarding, development, retention, and separation.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

After doing a little digging, you discover that most of your turnover occurs during the first 3 months of employment, so you need to take an in-depth look at your onboarding process. They’ll also provide actionable insights into your employee experience, engagement levels, retention rates, onboarding, recruitment, and employee performance.

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The hybrid model could be a step closer to RTO

Workable

For HR professionals, this shift necessitates a strategic approach to employee engagement and retention. The hybrid work ‘agreement’, if we can call it that, seems to be the middle ground, as Workable predicted in a report back in 2022. Insights from Placer.ai’s December 2023 Office Index shed light on these variations.

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Leveling up with AI in your HR – digital upskilling for recruitment

Workable

Read more about AI at work: AI-powered employee retention: using data to reduce turnover With 78% of employee departures preventable, the cost of turnover extends beyond. The emergence of AI in HR Workable’s AI in Hiring & Work survey report at the end of 2023 found that AI is used widely throughout organizations.