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That’s the case for Stefani Steinway, SVP of HR at Equifax Workforce Solutions, a subsidiary of the credit reporting giant that provides employment and income verification services to companies. So as an employee is onboarded, there’s training, there’s documentation,” she said. This interview has been edited for length and clarity.
Top-Notch Onboarding Made Simple: Employee Onboarding Checklist December 10th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Download Here Employee Onboarding Checklist At MP, we understand that effective onboarding is more than just a formalityit’s the foundation for new hire success, engagement, and retention.
Top Ways to Leverage Technology for Workforce Planning October 22nd, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn As we’ve discussed earlier in our most recent blog series , effective workforce planning is crucial for organizations aiming to maintain a competitive edge.
Boomeranging became a workplace trend in 2022 and 2023, as some workers said they regretted job-hopping during the Great Resignation. In today’s cooling labor market , boomerang employees can be a boon for recruiters with limited bandwidth and budgets because those returning can require less time and money to recruit and onboard.
Learn & Grow: The Learning Management System for Employee Engagement and Retention April 24th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Employee disengagement, poor retention, and compliance headaches arent just HR problemstheyre business risks.
The HR technology market in 2024 was a story of resilience and growth amidst a rapidly changing global landscape. From groundbreaking mergers and acquisitions to the introduction of innovative solutions that redefine talent management, payroll, and employee experience, 2024 has proven to be a year of transformation. With the U.S.
Put simply, digital HR is the integration of digital technologies into Human Resources processes to make these more efficient, effective, and connected. The key question to ask yourself in this phase is: To what extent do we use technology to streamline administrative HR work? What is digital HR? Think about recruitment, for example.
How to Use Technology to Future-Proof Your Workforce Planning Strategy June 5th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn As weve discussed earlier in our most recent blog series , having the right people in the right rolesat the right timeis no longer a luxury; its a strategic necessity. The solution?
With Generative AI, Skills Technology and Data Analytics, the human resource ecosystem has changed remarkably in the last few years. HR leaders today refer to both the software and hardware tools used to automate human resource functions as Human Resource technology.
HR departments now prioritize employee onboarding and retention, aiming to reach bigger and better numbers every quarter. Conventional onboarding methods require extensive paperwork, manual approval procedures,and broken processes that invite inefficiency and negatively affect the employee experience. And the numbers dont lie.
A Manager’s Guide to Successful Onboarding December 5th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn “You never get a second chance to make a first impression.” ” Onboarding a new employee is a critical process that sets the tone for their entire tenure at your organization.
Building the Business Case for Leadership Development: What to Measure Data is your most persuasive tool. Make sure to subscribe to MPs blog and stay on top of the most up-to-date news and trends in the business realm. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Get the Pro version on CodeCanyon.
Defining the Employment Term: Setting Clear Expectations To prevent misunderstandings and potential disputes, clearly communicate the expected length of employment during the offer and onboarding process. Efficient Onboarding: Streamline the onboarding process to quickly get new hires up to speed.
Advertisement - According to a report from Live Data Technologies, some recent layoffs have been focused on eliminating unnecessary management layers. For example, job cuts specifically for middle managers accounted for 30% of all layoffs in 2023, up from 20% in 2018. Is the role of the middle manager disappearing?
Optimizing Hiring & Onboarding Processes Standardized Applications & Job Descriptions: MP helps create HR-compliant job applications and role descriptions that attract the right candidates. New Hire Onboarding: MP streamlines onboarding with HR technology integration and compliance support, enhancing employee experience.
Achieving Onboarding Success with a 30, 60, and 90 Day Review December 17th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Download Here Employee Onboarding Checklist Successful onboarding is the cornerstone of building a motivated, engaged, and high-performing team.
A 2022 study by McKinsey found that 31% of employees who left their jobs cited a lack of meaningful work as a primary reason, a trend thats only grown as Gen Z and Millennials, who prioritize purpose over pay, now make up the majority of the workforce. To combat this, use onboarding to connect new hires to your companys mission from day one.
Utilizing New Hire Surveys in Your Onboarding Process December 12th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In today’s competitive job market, the onboarding process is crucial for setting new hires up for success. In this blog, we will look at how to measure the success of your onboarding.
Read on as we share how you can leverage AI tools to prioritize efficiency and build a stronger workforce, today. Over the past year, artificial intelligence (AI) tools like ChatGPT, Dall-E, and Llama have brought AI into the spotlight and sparked much debate about the future of work.
Why Leadership Training Matters in 2025 and Beyond May 5th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In 2025’s fast-moving business world, competitive advantage isn’t just about cutting-edge technology or smart marketing strategies. It’s about people.
This guide will walk you through the essential elements of ACA compliance, including employee recordkeeping, understanding penalties, IRS reporting requirements, and leveraging tools like ICHRA (Individual Coverage Health Reimbursement Arrangements).
Use tools like: 360-degree feedback Behavioral assessments Performance evaluations AI-driven leadership analytics isolved from MP can help uncover readiness gaps and suggest targeted learning content based on behavioral data and role demands. Prioritize systems thinking and delegation Improving retention? Were too busy.
Back in 2023, the Earned Sick Time Act (ESTA) caused plenty of buzz (and confusion). Translation: You have more time to get your policies and tracking systems in order, but you shouldn’t wait until Q4 to act. Make sure to subscribe to MP’s blog and stay on top of the most up-to-date news and trends in the business realm.
A recent Gallup study revealed a concerning trend in employee engagement within the U.S. million engaged employees from 2023. Advertisement - These trends underline the critical importance of setting clear workplace expectations. This decrease represents a significant downturn, with a loss of 4.8
Poor onboarding. If your onboarding doesn’t deliver that? Bonus: grab the free Employee Onboarding Guide Zip Drive checklist at the end.) Orientation vs. Onboarding: Stop Mixing Them Up First, lets set the record straight: Orientation = one-time event (benefits enrollment, office tour, paperwork signing).
Track Metrics Like: Pre- and post-training assessment scores Internal promotion rates Employee engagement and retention Productivity increases tied to leadership initiatives Bonus Tip Use a learning management system (LMS) or HR tech platform to connect training with outcomes, visualize progress, and track leadership pipeline health.
Customer Service Disappears After the Sale The sales process might feel greatlots of attention, promises, and smooth onboarding. No hard sales, just real solutions. Schedule a Consultation Today Make sure to subscribe to MPs blog and stay on top of the most up-to-date news and trends in the business realm.
Adjusting schedules or creating specific employment categories can be effective solutions. Defining Employment Terms: Setting Clear Expectations from Day One To prevent disputes and confusion, its crucial to clearly communicate the expected length of employment during the offer and onboarding process.
This statistic alone highlights how critical it is to not only select the right candidates but also to implement effective onboarding and support systems to retain talent. Make sure to subscribe to MP’s blog and stay on top of the most up-to-date news and trends in the business realm. Get the Pro version on CodeCanyon.
Beyond wages, there’s a lineup of hidden expenses, from job ads and recruitment fees to onboarding and training. In fact, the Society for Human Resource Management (SHRM) reports that average cost per hire has jumped from $4,129 in 2019 to $4,700 in 2023 —a 14% increase. Hiring expenses also vary wildly by position.
At the same time, outdated HR systems are making it harder, not easier, to attract and retain top talent. To stay competitive and profitable, automotive businesses need streamlined, mobile-ready, and people-centered solutions that tackle the industry’s toughest challenges head-on. Theyre mission-critical.
Deploying the right employee engagement software can help you increase productivity, improve retention rates, and even boost your bottom line. But with so many options to choose from, it can be difficult to know which platform is right for your organization. What is employee engagement software? And why your company needs it.)
According to the American Express’s 2023 Small Business Saturday Consumer Insights Survey, U.S. By partnering with a PEO, SMBs can take advantage of the latest AI tools in multiple ways. As companies begin incorporating AI into their processes, they must remember technology performs best when paired with a human element.
billion in 2023 , the global AI in HR market is projected to grow at a staggering 24.8% Think of them as intelligent digital coworkers—smart, goal-oriented assistants that handle everything from onboarding and performance management to employee engagement and compliance. Valued at USD 3.25 CAGR between 2024 and 2030.
Business concerns that will affect HR Changing CEO goals According to the 2024 Gartner CEO and Senior Business Executive Survey , 62% of those surveyed cited growth as their top business priority this year, a 13-point increase from 2023, marking the sharpest focus on business growth in a decade.
All about 401(k)s Many people are familiar with a 401(k) but may not be aware of the latest trends related to these popular accounts. trillion in DC plans at the end of 2023. Boost employee retention A recent study has confirmed that 401(k) plans are powerful retention tools for SMB employers. In 2024, the limit is $23,000.
The 2024-2025 Criteria Hiring Benchmarking Report noted that about a quarter of companies are now using AI for hiring or talent management, a notable increase from the 12% that reported recruitment AI usage in the 2023 report. You can do it with the right tools if you can use them effectively. What is AI recruitment?
Widespread skills shortages, fast-moving technological advancements and greater social, political and economic uncertainties are creating problems that can only be tackled holistically. Research from the CIPD in 2023 revealed that only 5 percent of respondents used AI to support learning and development. What’s next?
Unfortunately, I don’t see how we could avoid that with what’s happening from a technology perspective.” The shift was emblematic of the broader trend of intelligent automation stepping in to manage routine interactions at scale. Those who remain will be expected to work alongside AI tools, leveraging them to increase productivity.
Researching market trends to help the company enhance its employer brand. In fact, 73% of all companies focused on skills-based hiring in 2023, SHRM notes. Mentorship programs and training modules can form part of a robust onboarding program that strengthens outcomes. Designing a recruitment strategy to fill these needs.
Census Bureau shows some states experiencing a decline in “business applications with planned wages” in 2024 compared to 2023. Personalized HR services Rather than attach a one-size-fits-all approach to HR and benefit services, a PEO solution should fit the unique needs of each client.
Training Operations are defined as the people, processes, and tools used to plan, schedule, maintain, and optimize training and development programs within organizations. To deliver training effectively at scale, training operations centers on three core components: People , Processes , and Tools. What is Training Operations?
In a 2023 study of more than 1,200 professionals, Deloitte found that companies around the globe are moving to become more skills-based organizations. Review and update your competency model annually to keep it aligned with industry trends and business needs. Research supports the value of this transformation.
Now imagine they also have a crystal-clear understanding of the companys commitment to themhow they will be supported, empowered, and given the tools to thrive. At Blu Ivy, we specialize in turning EVPs into transformative tools that inspire employees, strengthen leadership, and deliver measurable business outcomes. Sodexo’s U.S.
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