Tue.Feb 27, 2024

article thumbnail

5 Efficient Techniques for Minimizing Recruitment Costs 

Hppy

Bringing great talent onboard in your organization doesn’t come cheap. Between headhunters, fancy job boards, advertising costs, and endless rounds of interviews, recruitment expenses can quickly eat into your budget. With the average cost per hire in the US hovering around $4,700, it’s only prudent that you find ways to streamline your hiring process and cut expenses.

article thumbnail

Leave Management: Your 101 Guide for 2024

Analytics in HR

Most companies have policies and programs in place to address when employees need time away from work, and it’s often referred to as a company’s leave management process. Employees feel like they are working more hours these days, and the unused number of vacation hours is telling of this. In fact, 768 million vacation days went unused, totaling around $65.5 billion in lost benefits to employees, according to research from the U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What HR needs to know about lifestyle spending accounts

HR Brew

If you’re in need of a spa day but can’t afford one, don’t worry—your employer will pay for it. Or it might, if it offers a lifestyle spending account (LSA). LSAs came onto the scene in the 2010s, but employers really started to take notice of them in the last few years, Kevin Robertson, executive director and CRO of HSA Bank, told HR Brew. Some 51% of employers surveyed by benefits provider Benepass offered an LSA benefit in 2023.

article thumbnail

3 Non-Monetary Incentives for Employees

Hppy

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. You can reward them with cash bonuses and other monetary compensation types. However, this isn’t the only way to appreciate your workforce. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

article thumbnail

New Report from 3,500+ Employers Confirms Retention is a Top HR Priority in 2024

The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.

article thumbnail

For some employers covering GLP-1s, medication goes hand in hand with lifestyle changes

HR Brew

Some 40% of the US population is obese, but promising drugs that have come onto the market in recent years may offer a solution. The class of drugs, called GLP-1, has long been prescribed to treat diabetes but is now available for weight loss as well. Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound are two GLP-1s that have been approved by the Food and Drug Administration (FDA) for weight loss.

More Trending

article thumbnail

HR pro Jose Alvarez asks employees to tell him three ways he can help

HR Brew

Here’s this week’s edition of our Coworking series. Each week, we chat 1:1 with an HR Brew reader. Want to be featured in an upcoming edition? Click here to introduce yourself. Jose Alvarez’s mother worked at the school district in the Houston suburbs where he grew up. When she became ill, Alvarez accompanied her to meetings with HR at the district office to help her navigate short- and long-term disability benefits and understand others she could use.

Policies 320
article thumbnail

Belgium’s Path Toward Closing the Gender Pay Gap Under EU Directive

Trusaic

The impetus for the EU Pay Transparency Directive was to address the 12.7% gender pay gap in the European Union. However, certain countries in the EU, such as Belgium, were much further along in closing the gap. The Belgian pay gap currently hovers around 5% and is mostly negligible among workers under the age 25. However, the gap widens significantly more for workers aged 44 and older.

article thumbnail

Wellbeing Training: The New Key to Workforce Development?

TalentCulture

As organizations move beyond the pandemic, workforce development is changing in fundamental ways. For example, wellbeing has emerged as a top workforce priority, and this concern is shaping learning agendas. In fact, according to a recent survey, 68% of employees say wellbeing training will be important to them this year. But what does this mean […] The post Wellbeing Training: The New Key to Workforce Development?

article thumbnail

Importance of Construction Workforce Planning | ClearCompany

ClearCompany HRM

Construction companies are in the midst of a labor shortage that isn’t letting up. The industry averaged 445,000 job openings per month in the last three months of 2023 —a record number. More than half of contractors say they plan to increase their headcount, but it’s clear the demand for skilled workers is far outpacing supply. Now is a crucial time for your human resources team to optimize your workforce and plan for future staffing needs.

article thumbnail

The Intelligent Automation Guide For Human Resources

Achieving your HR goals for 2024 requires strategic focus and efficiency. But your team is overwhelmed and in the worst cases, burned out. Our eBook explores how process automation can streamline administrative tasks, enhance collaboration, and improve overall productivity, allowing your HR team to put their energy into higher value activities. Address key challenges such as: Limited resources Departmental silos Employee burnout Learn about the real benefits of advanced automation tools as well

article thumbnail

Understanding Generative AI: A Helpful Guide for HR Professionals

Netchex HR Blog

Artificial Intelligence (AI) has become an increasingly popular topic in recent years throughout the business world, particularly Generative AI. This technology, which includes popular tools like ChatGPT , has gained significant attention due to its ability to generate human-like content. However, it is essential to approach this technology with positive skepticism and understand both its strengths and limitations.

article thumbnail

3 Ways to Boost Confidence and Happiness by Moving Your Body

KCC Business Psychology

3 Ways to Boost Confidence and Happiness by Moving Your Body Nonverbal communication, such as body language, can be a powerful tool to communicate with others, but did you know your body language can change the conversation in your own brain? Your body reacts to your thoughts and emotions in predictable ways, smiling when you feel happy or grimacing when you stub your toe.

article thumbnail

How the diversity backlash is affecting DEI efforts in the workplace

HRExecutive

Recently, we at i4cp hosted over 40 HR executives at the White House for a meeting with the administration on the state of diversity, equity, inclusion and accessibility in corporations today. With some of America’s best-known organizations taking part, we had a productive and engaging dialogue on how companies are viewing their diversity-related initiatives in the wake of recent backlash.

article thumbnail

7 Tips for Effective Multigenerational Leadership

The Muse

Leading a multigenerational team? Here are seven tips to make your multigenerational leadership more effective.

128
128
article thumbnail

How HR Can Create a Culture of Feedback

Employees want meaningful feedback. Without it, 98% disengage from their work (Zippia). But do your managers know how to support them? Use this Quick Start Guide to get the conversation started. Your workers don’t just want jobs; they want careers. Invest in your team by giving them meaningful feedback. 65% of employees want more feedback (Zippia). Workers who get daily feedback are 3x more engaged (Clear Company).

article thumbnail

The 13 Biggest Mergers and Acquisitions

Global Expansion

It’s estimated that 49,849 mergers and acquisitions took place in 2019 , ranging from huge multinational arrangements to smaller regional deals. Whatever the size or scale, financial transactions of this kind are always complicated and fragile at the best of times.

ATS 98
article thumbnail

At Hudson County Community College, Inclusion Drives Recruitment and Retention

Cupa HR

The motto at Hudson County Community College is “Hudson is Home,” a saying created by their students that reflects HCCC’s commitment to community across their three New Jersey campuses. Located in one of the densest and most ethnically diverse counties in the country, HCCC uses inclusive strategies to boost employee recruitment and retention. HCCC’s focus on promoting a culture of care and belonging positions them well to contend with voluntary turnover, which remains on the rise nationally as h

article thumbnail

Busting 8 Myths About Background Check Organizations

InfoMart

BLOG Busting 8 Myths About Background Check Organizations Tammy Cohen , PHR, SHRM-CP February 27 2024 Most HR leaders understand the importance of background screening candidates. However, there are several myths about the background screening industry that prevent businesses from running background checks. Have you heard one of these myths about working with a background search company ?

article thumbnail

What is an HR Compliance Audit and How Can it Benefit Your Organization?

A Slice of HR

Compliance, compliance, compliance… when you hear this word, what comes to mind? Does it give you a bit of a cold corporate headquarters vibe? If you’re someone who doesn’t think you can possibly audit one more thing in your organization, you might find the concept a little… well, cringey. If you don’t love the idea of an HR compliance audit or don’t know really what it is, that’s okay!

article thumbnail

How to Conquer These 4 Top-of-Mind HR Challenges

It’s a never-ending tightrope act, trying to find the balance between creating benefits offerings that adapt to the uniqueness of your people, managing your own time and resources, and maintaining the organization’s bottom line. And the ever-changing policies and laws can make cultivating a competitive employee benefits strategy feel impossible. Whether you’re concerned about adapting to new pay transparency laws, managing global benefits packages, return-to-office mandates, or 401(k) and retire

article thumbnail

Federal Judge Blocks NCAA Name, Image and Likeness Policy for Recruits Nationwide

Cupa HR

On February 23, a federal judge with the District Court for the Eastern District of Tennessee issued a preliminary injunction barring the NCAA from enforcing its rules prohibiting name, image and likeness compensation for recruits. The injunction applies nationwide. The policy in question prohibited student-athletes from negotiating and signing NIL contracts prior to enrolling at a college or university.

article thumbnail

How HR Can Get Started with Advanced Analytics

Betterworks

In just a few years, the proliferation of people data and analytics has elevated HR from a traditionally administrative role to a true strategic partner — enabling better data-driven decisions around improved talent management, workforce planning, and overall organizational performance. While the advances are exciting, an abundance of riches can also feel overwhelming.

article thumbnail

Government Contractors Prepare for Federal Salary History Ban and Pay Transparency Regulations

Extensis

Quick look: Government contractors and other federal agencies must update company policies to comply with the latest salary history and pay transparency regulations. Here’s a quick summary of these new requirements and how professional employer organizations (PEOs) can make meeting industry compliance smoother. The United States government recently announced regulatory expectations that impact government contracting agencies’ hiring processes.

article thumbnail

Promote the Organization to Increase Employee Commitment

IO At Work

New research explains why it is important for organizations to have leaders who promote the organization and its culture. Ultimately, it can lead to increased employee commitment and decreased turnover.

92
article thumbnail

Here Are the HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

article thumbnail

Embracing older workers: A hiring pool of experience and expertise

Insperity

In the landscape of the American workforce, a remarkable shift is underway. Older workers, individuals aged 65 and older, are emerging as one of the fastest-growing segments of the workforce. Contrary to conventional retirement norms, age 65 no longer signifies an automatic exit from professional life for many Americans. Instead, seniors are choosing to remain engaged, contributing their wealth of experience, expertise and wisdom to various industries and organizations.

article thumbnail

5 Steps To Navigating Difficult Conversations

Forbes Coaches Council

There are several steps to consider when approaching a difficult conversation. If you have time to prepare, these may lead to a more positive result.

98
article thumbnail

4 ways business schools can prepare students to work in an AI-fueled future

Fast Company The Future of Work

Stephen Spinelli Jr., President of Babson College argues that an education that rests on a set of facts, rather than a way of thinking, is a mistake.

98
article thumbnail

LMS vs. LXP vs. PEP Part 2: The Business Value of PEP for Sales and Operations

Rallyware for Human Resources

If you’re interested in sales enablement software for the modern workforce, it’s essential to understand the value of Performance Enablement Platforms (PEPs). These platforms represent an advance over the traditional Learning Management System (LMS) and Learning Experience Platform (LXP), and those corporate leaders seeking to advocate within their organizations for better and stronger technology should learn the difference between these in order to advocate for – and implement – the right solut

article thumbnail

Maximizing Your Health Plan Design Using Data-Driven Insights

article thumbnail

4 ways business schools can prepare students to work in an AI-fueled future

Fast Company The Future of Work

Stephen Spinelli Jr., President of Babson College argues that an education that rests on a set of facts, rather than a way of thinking, is a mistake.

98
article thumbnail

10 Best Journaling Apps for Self-Reflection in 2024

BetterUp

Jump to section The importance of journaling What are journaling apps? Benefits of keeping a digital journal What makes a good journaling app?

article thumbnail

4 ways business schools can prepare students to work in an AI-fueled future

Fast Company The Future of Work

Stephen Spinelli Jr., President of Babson College argues that an education that rests on a set of facts, rather than a way of thinking, is a mistake.

98