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10 HR Challenges and How to Overcome Them

Intoo USA

In fact, the 2018 Global Leadership Forecast, which integrated data from 25,812 leaders and 2,547 HR professionals across 2,488 organizations, found that having a formal mentorship culture lowers turnover by 20%. Designing—and upholding—compensation plans. Creating comprehensive benefits packages.

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10 HR Challenges and How to Overcome Them

Intoo USA

In fact, the 2018 Global Leadership Forecast, which integrated data from 25,812 leaders and 2,547 HR professionals across 2,488 organizations, found that having a formal mentorship culture lowers turnover by 20%. Designing—and upholding—compensation plans. Creating comprehensive benefits packages.

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Staff Reductions: What to Avoid During a Reduction in Force

Intoo USA

million workers were laid off in 2018. What about compensation benefits? Bankruptcy, mergers, loss of funding — all of these can result in a significant reduction in your workforce and, as a human resources executive, it’s your job to communicate the bad news. In the U.S., Do I still have to turn up to work? What happens next?

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Staff Reductions: What to Avoid During a Reduction in Force

Intoo USA

million workers were laid off in 2018. What about compensation benefits? Bankruptcy, mergers, loss of funding — all of these can result in a significant reduction in your workforce and, as a human resources executive, it’s your job to communicate the bad news. In the U.S., Do I still have to turn up to work? What happens next?

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Fewer Organizations Implementing Hard Minimums/Maximums on Severance Packages

HR Daily Advisor

Lee Hecht Harrison (LHH), a talent development and transition company, and Compensation Resources, Inc., a consulting firm specializing in the design and implementation of organization-wide compensation programs, surveyed 350 senior Human Resources executives and leaders who are responsible for helping their organizations manage talent.

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CVS’ 2024 Layoffs Will See Over 2900 Workers Make Their Exit

HR Digest

The CVS employee cuts will not come without compensation for affected workers. healthcare company has not elaborated on the exact severance packages the employees will be offered but it has provided assurance that those affected will see severance pay and some benefits like access to outplacement services.

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My Take: Transforming a Toxic Workplace Culture

GetFive

The EEOC filed a record number of harassment lawsuits in 2018, 66 in all, resulting in companies paying $70 million to compensate victims. Outplacement help. But, as the EEOC reminds us, workplace harassment isn’t just unacceptable, it’s against the law. The 2019 pace is slower but still significant.