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A 2023 Upwork study found that 38% of US professionals did freelance work that year. Some have even turned to it after losing a job, instead of applying for unemploymenta strategy that may become more common if the economy slips into a recession. Non-government research suggests a higher prevalence of gig work.
And employee burnout can be pretty costly: Burned out individual contributors can cost US companies an average $3,999 per hourly worker and $4,257 per salaried worker, a recent American Journal of Preventive Medicine study found. These costs jump to $10,824 per manager and $20,683 per executive.
A bad recruiting strategy. I don’t need to put you through 13 interviews and a case study, test for culture fit, and all that stuff,” Bob Goodwin, president of Career Club, told HR Brew. In terms of its sustainability, for us at Sedgwick, we continue to believe that attracting alumni is a core part of our strategy.” Around 4.3%
One-size-fits-all” HR strategy. Let’s agree to end the trend of ping pong tables and free snacks masquerading as an employee engagement strategy. Unlimited time off certainly sounds nice, but some studies have found that employees with these policies take less time off than those with traditional accrual plans.
Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success. Download our case study to learn more.
Great Place to Work, a workplace culture index, recently released its first European Workforce Study. While employees in Europe are largely happy at work, their country, location flexibility, and age all play a part in their overall worker satisfaction, a recent report found.
Oh, what a breeze HR would be… In lieu of a fortune-telling orb, many companies seek out workplace consultants to help guide their HR strategies. And, all the CHROs that I work with closely, they’re trying to navigate their future of work and future of hybrid strategies, and their varying degrees of success.
An HR.com study found that 84% of companies today use contingent workers. This strategy enables companies to bridge critical skills gaps, maintain business continuity and even foster long-term growth. Direct sourcing —where companies tap into talent pools they’ve already developed—is one effective strategy.
The program covers: TA strategy and management, workforce planning, sprint recruiting, and recruitment analytics. The program covers: Leadership and strategic skills, case studies, design thinking, and candidate experience. The program covers: Talent sourcing fundamentals, strategies, resources, and best practices. Cost: $39.99
According to a study by the American Psychiatric Association, over 64% of US employees feel that finances are a significant source of stress in their daily lives. This particular kind of stress has far-reaching consequences for companies.
HR KPI examples HR KPIs vs metrics Characteristics of good HR KPIs Leading vs. lagging KPIs HR KPIs case study HR KPI template HR KPI best practices FAQ What are HR KPIs? An HR KPI measures how successful (or not) HR contributes to and achieves the organization’s HR strategy. However, conflicts can arise.
That said, some companies are doing a poor job at employee comms, a new study from USC Annenberg and Staffbase, an employee communications platform, suggests. There are benefits to having a strong employee communication strategy. Comms oversight. There's a very clear link between how am I communicated to, and how happy I am in the job.”
Harvard Professor and Gallup Senior Scientist Lisa Berkman found striking results in her nine-year study on social ties and mortality rates. The health impact of workplace loneliness The consequences of loneliness extend far beyond job satisfaction. Among all the factors Gallup analyzed, work location strongly correlated with loneliness.
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The surveys also indicate employers are starting to develop strategies to address pay equity, and in some cases are budgeting for raises to address compensation gaps within their workforces. Developing a strategy around this can also improve their broader HR strategy. Most employers comply with pay transparency.
Rural American workers face significant hurdles in career advancement in an increasingly digital workplace , according to a new joint study by the University of Phoenix Career Institute and the Center on Rural Innovation. The research, comparing 1,000 rural and 986 nonrural U.S. Find out what else is on their mind.
Embracing a data-driven approach allows HR professionals to move beyond intuition, leveraging empirical evidence to guide strategies in talent acquisition, employee engagement, performance management, and retention. This insight facilitates the development of targeted strategies to attract and retain top talent.
Look for testimonials, reviews, and case studies from other pharmaceutical companies in Philadelphia. Understanding the recruiter’s sourcing strategy is vital. Ask for references or case studies from other pharmaceutical companies they have worked with. Can You Provide References from Past Clients?
Read the full results of the study conducted by Lighthouse Research & Advisory in partnership with HiBob to discover how to transform your talent acquisition strategy by harnessing the power of data and integration.
Part of what I did in order to assimilate was to study the behaviors of others so I could figure out how to fit in and be of value,” she said. “It It turned into a love of mine…I just became intrigued about human interactions and the study of psychology.”
Some 68% of US employers believe their benefit communications are effective, an opinion only shared by 38% of workers, an October Prudential study found. A key to closing the gap between employers’ and workers’ perceptions about benefits next year is to begin thinking about choices and strategy in the first quarter, Foster said.
Frontline worker engagement represents a critical intersection of HR and business performance, with two studies offering insights into its strategic importance. Both studies emphasize the importance of digital solutions in creating more connected and responsive workplaces. firms place talent in the U.S.
The 2024 study (surveying 64 total rewards leaders) found that 11% of organizations planned to increase their short-term incentive budgets, while 6% expected to decrease. Vickery said that he expects more US companies to develop better bonus strategies in 2025 as part of the movement toward pay transparency.
Speaker: Eric Torigian, Managing Director, Advisory Services, CHRO Solutions
While this may seem backwards, studies have shown that companies have an 80% success rate in attracting candidates and retaining employees when they use this strategy. As a result, companies who do this are seeing a 43% drop in hiring costs and a doubled talent pool. Thus, putting them in a position to beat the great recession.
But, studies show the programs fall far short of employees’ needs and expectations. Only 24% of workers strongly agree that their employer cares about their overall well-being, Gallup said in a study released earlier this month. Many implemented programs to help employees manage their mental and physical health, time, and money.
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Speaker: Ben Eubanks, Chief Research Officer, Lighthouse Research and Advisory
New studies and data insights are confirming the permanence of virtual hiring and recruiting practices post-pandemic, and the employers who are on top of it now will stay on top. HR and recruiting professionals must learn to sustain the strategies they've honed remotely, and adapt them appropriately.
Baureko passed the exam, earning the SHRM Certified Professional (SHRM-CP) certification, and is now studying for SHRMs Senior Certified Professional (SHRM-SCP) test. Youre answering, or youre studying, and youre learning techniques that would apply to SHRM, but it would never actually apply in the real world, she said.
Certificate in Human Resource Management (Oxford Home Study Centre) 7. It can be completed within 3 months based on 3-8 hours of study each week. Certificate in Human Resource Management (Oxford Home Study Centre) OHSC is a private online college and the leading specialist provider of distance learning professional courses in the U.K.
The study, released Sept. The authors say this strategy should be treated as an ongoing, organization-wide process. “Preparing for a gen AI-augmented workforce must be a shared effort, as our collective future relies on it,” according to the study’s authors. Check out how LaMonica and her team make it happen.
This striking gap highlights why forward-thinking companies integrate analytical expertise into their people management strategies. Data Visualization Strategies Translating complex workforce data into compelling visual formats makes insights accessible to stakeholders at all levels, increasing the impact of HR initiatives.
Download the case study to discover: Real-life international growth challenges and the strategies that effectively solved them. From employee misconduct in South Korea to employee immigration setbacks in Australia, our HR specialists have successfully vanquished numerous harrowing tales that come with growing international teams.
Armed with salary information, high-performing employees will be more likely to push for a significant raise than their lower-performing colleagues, according to a study led by University of California, Riverside associate professor of management Boris Maciejovsky. The findings.
Each company implements hiring strategies that fit its requirements. Using this strategy, you can draw in interested but passive prospects for your open positions. Recruiters and hiring managers can study video interview footage at their convenience to decide if the candidate will be interviewed in person or by management via video.
But every study has shown, both in the workplace and in the lab, that if we can be proactive, if we can be preventative, theres not only better outcomes for employees, but theres better outcomes for the actual company. Whats an example of proactive versus reactive mental health strategies?
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I still don’t think we should be saying that Germany needs a four-day week for all companies,” Julia Backmann, a researcher at the University of Münster, who led the study, told Bloomberg. Amid a struggling economy, some employers in the country want longer workweeks. “I Satellite view.
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