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Strategic workforce planning: why and how to begin

Insperity

Perform a current-state analysis. This is called a current-state or internal supply analysis. If you’d like to learn more about how to how to hire talented employees, read our complimentary magazine: The Insperity guide to attract, recruit and hire top talent. What do we have to do exceptionally well to win?

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New report argues all of HR should take ‘ownership’ of L&D

HR Brew

And there is a lot of cash at stake: Employee training expenditures for US companies exceeded $101 billion in 2022 and 2023, according to an analysis of more than 142,000 companies by Training Magazine, a L&D trade publication. Companies that don’t strategically invest in talent development could be leaving money on the table.

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Weathering the storm: How to “recession proof” your business

Insperity

Conduct cash-flow analysis , with different revenue and operating cost scenarios. For more guidance on how to not only survive but thrive during a season of change, download our magazine: The Insperity guide to managing change. If you need to increase your credit limits, consider doing it now versus later.

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Compensation Challenges for Family Businesses

Astron Solutions

David Seitz, a Dallas Managing Director at Pearl Meyer, mentioned in an article for Family Business Magazine that the pay programs for family-owned businesses tend to have niche features. Look into existing and new lending options: By creating a 13-week cash flow analysis, family businesses should be able to determine their cash needs.

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The Messenger was sued for alleged WARN Act violations

HR Brew

The number of complaints alleging WARN violations rose in 2022 and 2023 as more companies started to conduct mass layoffs, according to a Bloomberg Law analysis. Quick-to-read HR news & insights. Subscribe to HR Brew today.

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PESTLE analysis: Protect your biz from external risks

Insperity

Conducting a PESTLE analysis can help reduce the chances you’ll be caught unaware by a crisis or other adverse situation facing your business. Here is what PESTLE stands for along with examples of the external factors included in this analysis: P olitical. Meanwhile, a PESTLE analysis is 100% externally focused.

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Hiring again after wide-scale layoffs

Insperity

Alongside your business leaders and other key stakeholders, conduct a thorough review of your: Current economic, market or industry landscape Pre-crisis business model and strategies Leadership Culture Organizational structure Strengths, weaknesses, opportunities and threats (SWOT analysis).

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