Wed.Jan 11, 2023

article thumbnail

HR Finance 101: A Guide To Finance for HR

Analytics in HR

HR finance is an overlap of the HR and finance departments in a modern organization. While traditionally HR and finance are two completely different departments with their own responsibilities, financial awareness has become a critical requirement for HR professionals in most modern businesses. The main responsibility of finance is to allocate and monitor resources that support the goals of the organization while ensuring a balance between revenue and costs.

article thumbnail

What is and How does an HR Audit Work?

PCS

The definition of human resource audit is the act of evaluating a company’s HR processes and policies to determine potential areas that may require improvement and those that perform well. Companies use HR audits to guarantee compliance and align human resources programs with business goals. In essence, it contributes to efficient organizational performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Attrition vs. Turnover: Understanding the Differences

15Five

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. The Great Upheaval has many executives and HR leaders frazzled, and there’s not enough coffee in the world to fix all the talent issues that are converging at once.

article thumbnail

Employee Learning Programs: Why Learning Platforms May Not Be Enough

Intoo USA

Employee learning services and platforms such as LinkedIn Learning, Skillshare, and other online course providers have grown in popularity. Before jumping on that bandwagon, employers need to ask whether a self-directed learning approach will help the employees—as well as the organization—achieve their goals, or if additional guidance from a career coach could make a more significant impact. .

article thumbnail

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.

article thumbnail

HR best practices for global teams working across time zones

Bob

Navigating different time zones is an inescapable challenge for modern workforces. With companies becoming increasingly global and diverse and remote work well and truly on the rise, HR professionals need a finely tuned toolkit for keeping their teams connected and productive when spanning multiple time zones. It’s possible to hire great talent from anywhere in the world, but these distributed teams create a particular challenge around communication.

More Trending

article thumbnail

To give, or not to give? Navigating the 2023 merit pay dilemma.

Bob

As inflation continues to rise (albeit a little more slowly this month than the last few), and as a global recession lurks just over the horizon, people and companies everywhere are feeling the pressure. Some companies made the hard decision to lay people off in the last weeks of 2022 and early 2023. Others are battening down and seeing where they can cut corners and increase efficiency and productivity without sacrificing their hard-won talent. .

article thumbnail

should we give extra sick days to employees who can’t work from home?

Ask a Manager

This post, should we give extra sick days to employees who can’t work from home? , was written by Alison Green and published on Ask a Manager. A reader writes: Long-time avid reader with a question I’d love your take on before I bring it to my manager. I’m a manager for an eight-person team for a position that requires 100% of work to be done in-person, on-site, at set times.

ATS 104
article thumbnail

Human Resources In Profit Vs Nonprofit Organizations: 5 Key Differences

Hppy

Human resources are essential in any organization, whether profit or nonprofit. People are a vital element regardless of organization type. . But whereas profit organizations need people to make their money, nonprofit organizations (NPOs) need people to further their cause. So what are the differences between the human resources in these two types of organizations?

article thumbnail

Workhuman named Strategic Leader in the 2022 Fosway 9-Grid™ for Talent & People Success

WorkHuman

January 11, 2023 — Workhuman®, the company revolutionising how employees celebrate, connect with, and appreciate each other in the workplace, today announced it has been named a Strategic Leader in the 2022 Fosway 9-Grid™ for Talent & People Success, recognising Workhuman’s position as a frontrunner in the European recognition, engagement and HR space.

Company 91
article thumbnail

Early Tenure Turnover: Stop the Revolving Door of Hires

Speaker: Dr. Craig Ellis, Head of I-O Psychology, HighMatch

Are you facing a revolving door of hires, especially within their first 90 days of employment? In this webinar, Dr. Craig Ellis, a leading industrial-organizational (I-O) psychologist, offers insights and strategies to unravel the mystery behind early tenure turnover. Identify the root causes of early attrition to mitigate turnover’s impact in the first 12 months.

article thumbnail

The Importance of Cover Letters for Hiring Success in 2023

Hppy

Typically application forms for open job postings include cover letters in addition to the applicant’s curriculum vitae (CV) or resume. Suppose you’re a hiring manager or human resource (HR) specialist. . In that case, you’ll learn more about how an applicant’s experience and knowledge base corresponds with the listed role in your company, how they can contribute to your organization, and why they’re interested in the job. .

article thumbnail

From Genius to Digital Nomad: A Look at the Evolution of Creative Job Titles

HR Digest

In today’s rapidly changing job market , companies are struggling to find the right words to describe new and emerging roles, leading to the invention of creative job titles. From “Growth Hacker” to “Data Scientist” and “Remote Worker,” these new titles are not only reflective of the shifting job market but also companies’ efforts to stay competitive and attract top talent.

ATS 109
article thumbnail

9 Outbound Recruiting Strategies To Hire Faster

SHRM

From going that extra mile managing your contacts to using the boolean search method, here are nine answers to the question, "What's one outbound recruiting strategy that you use to hire faster?" Go the Extra Mile Managing Your Contacts.

Strategy 109
article thumbnail

How To Stop Your Employees Not Feeling Valued

6Q

In this article, we show you practical methods to stop employees not feeling valued, and demotivated as a result. This is a scenario some may be able to relate to. After weeks of work on a long project, it is received with not so much as a second word from your supervisor. This is just one example of a missed opportunity to show employees how valued they are and increase job satisfaction, morale, teamwork and productivity amongst a range of benefits. .

How To 105
article thumbnail

Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

article thumbnail

Financial Wellness: The Missing Piece of Your DEI Strategy

Best Money Moves

Financial Wellness: The missing piece of your DEI strategy. Financial wellness could be the key benefit that your DEI initiative is missing. Here’s what to consider. . Organizations are constantly trying to improve diversity. But while progress has been made, many workplaces are still a long way from achieving true equity. . The median wealth for white households is $187,300, according to data released by the U.S.

Wellness 104
article thumbnail

15 Essential Leadership Skills Every Entrepreneur Should Cultivate

Forbes Coaches Council

Smart business leaders are focused on honing their leadership skills to ensure their companies remain relevant and continue to grow sustainably.

Company 116
article thumbnail

New Rules on H-1B Visas and H-2 Programs Are in the Works

SHRM Resources

The Biden administration has reconfirmed its plans to reform the H-1B visa program for professional foreign workers this year—including raising the wages of those workers—as well as update regulations for the H-2 guest-worker programs and publish a final rule related to the virtual review of I-9 documents.

Wellness 101
article thumbnail

is it rude to leave a coworker waiting for the elevator, I recommended a friend and it went terribly, and more

Ask a Manager

This post, is it rude to leave a coworker waiting for the elevator, I recommended a friend and it went terribly, and more , was written by Alison Green and published on Ask a Manager. It’s five answers to five questions. Here we go…. 1. Is it rude to leave a coworker waiting for the elevator? I recently got into a sort of mini-dispute with a friend from work about manners, and I’m wondering if you could weigh in.

Meeting 93
article thumbnail

Delivering DEI Training That Drives Real Change

Speaker: Jeffrey Hall, Chief Creative Office of WILL Interactive

Great DEI training improves engagement, retention, and teamwork. Poor training does little. What content areas are right for our organization? How can you construct training around empathy-building, relatable stories for a positive disposition to hard topics? We’ll cover the latest research on how to make training that actually delivers attitudinal and behavioral shifts.

article thumbnail

The Importance of Training Your Managers With James Eberhard

Turning the Corner

Watch. Listen. Read. If you want to grow your business, start with your team management and culture. Trying to steer a ship that is poorly aligned in those aspects can lead to the downfall of your company. Join Kendra Prospero as she talks to the Founder of Fluid Truck , James Eberhard , about the importance of management training. Discover why you need to start hiring and training the right people so that you can develop the right company culture. — When I started my business, I quickly f

article thumbnail

How to Boost Your Customer Engagement Strategy With Video

Simpleshow

Written by Launa | January 11 2022 Customer engagement is a no-brainer: loyal customers are what any company needs to. The post How to Boost Your Customer Engagement Strategy With Video appeared first on simpleshow.

article thumbnail

Webinar: From Routine to Remarkable: Tailoring Your Recognition Game

Semos Cloud

Category. All, Best Practices, Events. Webinar: From Routine to Remarkable: Tailoring Your Recognition Game. Join us for an in-depth look at how to take your employee recognition program from routine to remarkable. January 11, 2023. By Matija Martek. We are thrilled to announce our live webinar ‘From Routine to Remarkable: Tailoring Your Recognition Game ‘ !

article thumbnail

Use Background Screening to Combat “Quiet Quitting” in 2023

Peopletrail

For employees, there are a number of factors that drive workplace behavior. One common factor is opportunity potential– an opportunity to provide value, make an impact, grow in a career, and increase future earnings through meaningful contributions. Another factor could be company leadership and accountability. Better performance typically follows structure, accountability, and above all, fair treatment.

article thumbnail

Are There Gaps in Your HR Policies?

Putting the right HR policies in place can help your organization grow smoothly and help your company culture thrive. Use this essential HR checklist to cover the basics and make sure there aren’t any gaps in your HR functions.

article thumbnail

Employee Recognition: Your guide to Boosting Morale

BetterUp

You know your team is exceptional. After all, you see them working hard for your company every day. But when you’re managing a small staff or running a business, there are a lot of things that demand your attention. Sometimes, that means employee recognition efforts fall by the wayside.

article thumbnail

Make Agility and Resilience Your Keys to Self Preservation

Degreed

Do more with less. When these intimidating words become an urgent, companywide refrain as economic hard times threaten budget cuts and layoffs, it can feel like your L&D program is under belt-tightening scrutiny — or worse yet headed for elimination. Responding and adapting quickly is critical when preserving your important initiatives — and your job — is on the line.

article thumbnail

my toxic former employee is poisoning my staff

Ask a Manager

This post, my toxic former employee is poisoning my staff , was written by Alison Green and published on Ask a Manager. A reader writes: For the last 10 years, I’ve been the head of a community-based organization. My assistant director, along with at least a third of the employees, pre-dated my employment there. “Bob” didn’t seem to want my job himself, but the head of operations warned me about him, saying he was was a snake with loyalties only to the long-time employees

article thumbnail

Talent Board Releases 2022 Candidate Experience Benchmark Research Report

TalentCulture

Talent Board, a non-profit organization dedicated to elevating and researching quality candidate experiences, today released its 2022 North American Candidate Experience Benchmark Research Report. The post Talent Board Releases 2022 Candidate Experience Benchmark Research Report appeared first on TalentCulture.

article thumbnail

Managing Your Recruitment Agency Spend in 2024

Feeling overwhelmed by a juggling act of internal recruiting, agency relationships, and direct hire spend? You’re not alone. In today’s competitive talent landscape, building a dream team requires strategic orchestration. Recruiting agencies and search firms provide invaluable services, but managing them effectively alongside your internal team can pose unique challenges.

article thumbnail

4 Leadership Tips to Inspire a Shared Vision

FlashPoint

Increase Engagement by Creating a Shared Vision For Your Team. In celebration of the newly released 7th edition of The Leadership Challenge , this week we are re-publishing one of our most popular blogs! Creating cohesion and inspiring others is more important for leaders than ever before. One of the key practice areas effective leaders demonstrate is to Inspire a Shared Vision.

94
article thumbnail

What is an Employment Verification Letter & How to Get It?

Recruiters Lineup

An employment verification letter is a document that confirms an individual’s current or past employment with a specific company. The letter typically includes information such as the individual’s job title, dates of employment, and whether they are currently employed or have left the company. It may also include information about the individual’s salary or compensation.

article thumbnail

What is the Need for Human Resource Information System (HRIS) Training?

SutiHR

As is the case with many organizational processes such as supply chain management (SCM), expense. The post What is the Need for Human Resource Information System (HRIS) Training? appeared first on SutiSoft.

System 78