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“Now, more than ever, the corporate strategy for large companies hinges on the people strategy.”. This was a key takeaway from a summit of HR leaders and Boston Consulting Group (BCG) experts, who met to discuss the future of HR and the trends shaping it. It goes without saying that great HR functions are strategic: they play a vocal role in critical business decisions and control a significant portion of a company’s expenses.
I know human resources compliance issues aren’t the sexiest thing to talk about but, they’re a necessary part of HR. In fact, compliance is a part of any business. Even if a compliance issue decreases, we need to know details so we can stop devoting resources to it. And chances are all compliance won’t be eliminated. The sooner we realize that the goal isn’t to make compliance go away – it’s to learn the best way to manage it – the better off we will be.
In 2007, Sarah Feingold had just graduated from Syracuse University Law School. While in school, she'd petitioned to take a graduate-level metal smithing class around her passion outside of law: jewelry-making. That's when she discovered Etsy —an eBay-type, startup marketplace for handmade goods. Today, the company has nearly 1000 employees and $2.39 billion in revenue.
What are today’s key human capital management challenges, and how will they be addressed in the future? To answer these questions, ClearCompany partnered with HR.com to conduct a survey of nearly 400 Human Resource professionals.
Ensure your mid-year performance reviews are focused, productive, and growth-oriented with this practical checklist from Mitratech Trakstar. Designed for HR professionals, people managers, and team leads, this guide walks you through the full review process—from pre-meeting prep and feedback collection to action planning and follow-up. It also includes tips for creating a comfortable and effective review experience, plus ways to leverage tools like self-evaluations, PIPs, and development plans.
What matters most to your employees? This is the third time we are asking that question, because what could be more rewarding and fruitful than fostering a supported and thriving workforce? Every year we review the Society for Human Resource Management’s Employee Job Satisfaction and Engagement Report , an enormous undertaking that produces nearly sixty pages of data on what employees want most, how responsive their employers are, and what they need to be engaged in their work.
(Editor’s Note: Today’s post is brought to you by our friends at Kronos , a leading provider of workforce management and human capital management cloud solutions. Kronos was named one of the 2017 Best Workplaces for Giving Back by Fortune Magazine in conjunction with consultancy Great Place to Work. Congrats to them! Enjoy the post.). I know the phrase is well-worn, but the reality is that “the war for talent” is on.
(Editor’s Note: Today’s post is brought to you by our friends at Kronos , a leading provider of workforce management and human capital management cloud solutions. Kronos was named one of the 2017 Best Workplaces for Giving Back by Fortune Magazine in conjunction with consultancy Great Place to Work. Congrats to them! Enjoy the post.). I know the phrase is well-worn, but the reality is that “the war for talent” is on.
Editor's Note: This post is part of our " Cartoon Coffee Break " series. While we take talent management seriously, we also know it's important to have a good laugh. Check back every two weeks for a new ReWork cartoon.
Running a business is difficult, especially for startups. Depending on the type of business you run, it could take years to become profitable. Restaurants, for example, have to be open for an average of 4-5 years before they turn a profit. For them, budget is king.
Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR). The researchers state, “Our workforce strategy goal should be to double down on retention tactics for high performers,” and further explain that, in many cases, mana
In the U.S., March is recognized as Women’s History Month. The theme this year is women in labor and business, so I wanted to share a few interesting statistics I found, courtesy of the U.S. Census Bureau. As of July 2014, women outnumber men in the U.S. – 162M to 157M. The percentage of social scientists who are women is 63 percent. Of the firms in the U.S., women own 35.8 percent of them.
To keep your business running smoothly (and legally), HR needs to get compliance right every time. Our HR Compliance Checklist is your go-to guide to cover the basics and start your auditing processes, helping you identify and address any gaps in your HR functions. Remember, compliance rules can differ based on industry and location—you’ll still need to keep up with changing regulations, but our checklist can help you get started.
This is part three of our wellness series by Benjamin Prinzing, president of corporate wellness company Kadalyst , exploring the ten things you need to do to engage employees in your wellness program. If you haven't yet, check out the first six steps in Part One and Part Two of the series. The keyword in "employee wellness" is, of course, employee.
If you measured every single metric within recruiting, chances are you would spend most of your time measuring recruiting instead of actually recruiting. Measuring recruiting activities is important, however, there are reports and metrics that are more important than others. Keeping a tab on the important metrics allows recruiters to stay informed on what is being done right and what needs to be fixed.
The digital world of work is here, and organizations are struggling to adapt. JPMorgan Chase & Co now uses software to perform the mind-numbing job of interpreting commercial loans, reducing. Bersin & Associates, Leading Research and Advisory Services in Enterprise Learning and Talent Management.
“Optimism is invaluable for the meaningful life. With a firm belief in a positive future, you can throw yourself into the service of that which is larger than you are.” – Dr. Martin Seligman As managers, we recognize the positive impact that an optimistic work culture can have on employees, with much research and data supporting that optimists tend to be: More successful at work, school, and athleticsHealthier, with longer life expectanciesMore satisfied in relationships and life With all this
Speaker: Amie Phillips Pablo, VP, Corporate Compliance & Privacy Officer at Novo Nordisk
In today’s complex healthcare environment, navigating third-party relationships has become even more challenging—whether it’s vendor relationships, employee activities, or patient-facing interactions. Left unmanaged, these conflicts can compromise trust, regulatory compliance, and even organizational reputation. So, how can healthcare teams stay ahead?
By: Phoebe Licata. Employee Engagement Consultant, Achievers. Relocating for your career is the perfect opportunity to explore a new way of life, meet new people, and get to know yourself that much better as you step outside of your comfort zone. A new study shows nearly 85 percent of millennial workers surveyed said they are willing to move to a new city for a job.
International Women’s Day celebrates the social, economic, cultural, and political achievements of women. It’s also a global call to action to accelerate gender equality in all areas of a woman’s life. This year, a new strike movement called “ Day Without A Woman ” — which urges women in the US to take the day off from paid or unpaid labor and avoid shopping for the day — will coincide with International Women’s Day.
Jennifer Hedding, SVP of Hewlett Packard Enterprise, shares how she leverages her role to encourage women to be bold, connect with others and to use their voice in the workplace. And to good effect. As SVP of HR, Hedding leads the human resources team that is responsible for HP Enterprises 40,000 technical and services talent, or better said as, “the engine that drives a 28 billion dollar business”.
Hiring an intern at your company is a great way to give a college student or new professional some hands-on experience in your industry. Companies often hire interns to do lower-level work in exchange for the opportunity to get a foothold into a new industry and learn from behind the scenes. However, many companies have historically hired interns on an unpaid basis in order to save costs on jobs that would otherwise go to entry-level employees.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Please. I’m begging you. Don’t run your own employee engagement survey. If you are currently doing so, please consider my admonition below. Of course, as someone who facilitates an employee engagement survey , I’m biased—but that doesn’t mean I’m wrong. The problems with running an internal survey are significant enough that I consider it a dangerous option for companies who want to genuinely understand employee well-being and engagement.
In a recent blog , Mollie Lombardi of Aptitude Research Partners examined the area of talent acquisition through the eyes of the candidate. Now, I turn our attention to the impact talent acquisition tools and processes have on the hiring manager, be that within HR or another department. First, let’s think about the goal of a hiring manager. We can all agree (I think) that the primary objective is to get the right talent in the right role.
Morale is so important. If people are happy with their workplace, they enjoy going to work in the morning, have fewer sick days , are more productive and tend to stick around longer – reducing the cost of having to retrain workers. Of course, we all know that. We’re all aware that if people are happier they’re going to do better. That realization is not what we struggle with.
Hubstaff’s new report, The AI Productivity Shift, highlights how 3,000+ professionals and 140,000+ users are transforming the way they work with AI. Adoption is high—85% are using AI—and the potential is just beginning. Teams that integrate AI into daily workflows report 77% faster task completion, 70% improved focus, and stronger results across the board.
“Optimism is invaluable for the meaningful life. With a firm belief in a positive future, you can throw yourself into the service of that which is larger than you are.” – Dr. Martin Seligman As managers, we recognize the positive impact that an optimistic work culture can have on employees, with much research and data supporting that optimists tend to be: More successful at work, school, and athleticsHealthier, with longer life expectanciesMore satisfied in relationships and life With all this
If you run a small- or medium-sized business, you’ve likely heard the term “PEO” floated around before. But what is a PEO? And how can it help your business? We created this 96-second video to explain the concept of the PEO model, as well as give an example of how it has worked for other people who run their own businesses. What is a PEO? This video covers: [0:00-0:15] What a PEO, or Professional Employer Organization, does [0:15 - 0:23] How PEOs give access to enterprise-level.
Creating an environment of open dialogue in the workplace is essential for both attracting and retaining top-tier talent within your organization. Listening to questions, addressing concerns, providing feedback and implementing suggestions are benchmarks for effective leadership, as well as requisites for high-caliber performance and employee retention.
Workplace violence prevention laws are rapidly evolving, with California’s SB-553 and New York’s Retail Worker Safety Act (S-8358B) leading the way. Join WILL’s experts for a nationwide webinar covering compliance requirements, with a special focus on these key state mandates. We’ll guide you through developing and implementing effective prevention policies, building a compliant plan, and delivering the required annual interactive training.
Are you looking for that motivational workplace quotes about work to sign off your newsletter, presentation, or website? Work is something that almost everyone does, and it encompasses over a third of your life during the years that you work. The Workplace can be inspirational, motivational, and bring out the better parts of your ability to contribute and make a difference.
A few weeks back I wrote about how retention/turnover will be the biggest challenge for HR leaders in 2017. Then Gallup released its State of the American Workplace report, which reveals that 51% of employees are actively looking for a new job or watching for openings. More employees have increasing optimism about outside opportunities and a “grass is greener” mentality.
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