Your people are integral to the success of your company, so not having a sound strategy to help attract, retain and engage your employees is a big mis-step for any business. Every employer understands that a solid recruiting program has a direct impact on their bottom line, as well as their brand. But, with unemployment rates sitting at historically low numbers, it’s getting tougher to find the people you need. You don’t have to break the bank to improve engagement, though. MORE

While piecemeal, manual or paper-based systems may seem cost-effective, the truth is inefficient or inadequate HR technology wastes valuable staff time and energy. It can also lead to costly errors and even fines when wage and hour regulations aren’t followed. Off-the-shelf software packages that handle one aspect of HR rarely “talk” to your other systems without significant intervention by an IT specialist. MORE

It’s easy to assume that the promise of a high salary is what will help you recruit or retain your top talent. For example, research has found that minimum wage growth is one of the top 3 driving forces for why people leave their job. And, when people leave their jobs, the average boost they receive in salary is 10 to 20 percent , suggesting that it’s one of the key reasons they job hop. But do these statistics tell the entire story? MORE

As any company leader knows, the biggest cost of doing business is often labor. Labor costs, which can account for as much as 70% of total business costs, include employee wages, benefits, payroll or other related taxes. The cost of employee benefits, which can account for up to 30 percent of overall labor costs, are a significant expense as well. percent, the largest increase since 2011. As the saying goes, “Know your enemy.” MORE

Workers looking for the door? Here are all the employee retention articles and resources you’ll need to get informed, get inspired, and get going. About: When it comes to learning about employee turnover prevention, examples are one of our favorite tools. The check-ins allow managers at the online photo publishing service to address employees’ concerns, such as dissatisfaction with their pay, head-on.”. Quote: “The result? MORE

Retailers are also facing a tough time filling all the extra positions the holiday season generates. The National Retail Federation (NRF) President and CEO Matthew Shay estimates that retailers will hire 650,000 seasonal workers for the 2018 holiday period, up 10% from 2017. For employers, this volume of new workers presents significant hiring, onboarding and training challenges. How does the onboarding process change during a peak period? . MORE

The report highlights common misperceptions around employee engagement, turnover and compliance in 2019, provides tips and tools that help overcome these challenges to ensure organizations can thrive and, ultimately, describes how this increases HR’s role in and financial impact on the overall business. The majority of CFOs (61 percent) don’t think HR impacts the bottom line. To get employee engagement the attention it deserves, alignment must come from the top. MORE

The pandemic has forced a monumental shift in thinking about the relationship between work and workers. The proliferation of remote work and remote schooling has put a tremendous strain on men and women alike and has caused many of us to rethink our relationship with work. MORE

If you’re one of the estimated 1 in 7 people who wait until the last minute, good luck and get moving! In the meantime, we’ve got the brand new second edition of Last Week in Talent coming in hot with all the talent-related headlines, insights, data points and long reads to help make you the smartest and best-informed talent pro at your Monday staff meeting each and every week. The News. But YC companies are not the only ones in the beta program. MORE

Industry experts like Jennifer McClure offered actionable insights and advice on all things HR, from self-care for the HR pro to in-the-news compliance issues. If you missed the live webinars you can watch them on our on-demand webinar page. In the meantime, here’s a quick overview of each session. In today’s business environment only 20% of HR professionals interact with the executive suite. Maintaining compliance for the organization. MORE

Keep an eye on the following red flags your talent management system should be telling you. By running your payroll through an integrated talent management solution, managers and business owners can receive notifications each time an employee is approaching 40 hours, to prevent costly overtime. This simple, automatic change can end up saving your business thousands of dollars throughout the year. Paid Time Off Usage. MORE

You found the most comprehensive guide to employee time clocks on the web. How The Right Employee Time Clock Will Increase Retail Profitability. The Benefits of Biometric Time Clocks. On January 1, 2020, the new overtime rule took effect. Eleven of them are hourly. MORE

The EEOC voted unanimously to defer any use of the EEO-1 Component 2 pay data that it has already collected until 2022 at the earliest. These data reflect employee job category, pay, and hours for 2017 and 2018. Even at the federal level, the pressure is mounting. MORE

As a part of our series about “How To Give Honest Feedback without Being Hurtful”, I had the pleasure of interviewing Carole Robin. At the time, we were both junior executives on the rise in big corporations. Can you tell us what lesson you learned from that? MORE

The market for talent has always been and always will be changing. From the time the first help wanted sign was hung from a shop window to today when it’s hard to tell if we’re in high unemployment or the gig economy. However, for the last 15 years, ClearCompany has been working in the talent economy, and we’re here to identify the trends most likely to impact your role as an HR professional. What not to do: Assume you can simply lower wages. MORE