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What’s Keeping HR Up at Night in 2020?

HRExecutive

While the largest decreases occurred in retail trade (139,000 jobs) and construction (112,000 jobs), retaining key talent is HR’s chief concern, according to a survey of more than 300 HR executives representing mid- to large-size employers across multiple industries conducted by Human Resource Executive® between December 2019 and January 2020.

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Career Planning: How to Help Employees Plan Their Careers

6Q

Although each individual is ultimately responsible for their own professional development, it’s nearly impossible to successfully achieve without the support and assistance of their employer. Prioritising employee career development extends beyond properly training a staff member for their position or learning new skills.

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9 HR Steps to Create an Impactful Employee Development Plan

Analytics in HR

The biggest challenges in employee development planning. Employees are too busy: In the same Wrike survey, 94% of employees reported feeling stressed at work, while almost 33% stated experiencing high-stress levels. Step 4: Align to your employee’s development goals. An employee development plan should be collaborative.

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Untangling Turnover: What You Can Control, And What You Can't

Bonusly

No matter how much they love your company, many of your employees will leave eventually, perhaps because they’re moving away for family reasons, retiring, switching professions, or simply looking for a new challenge. Your surveys and feedback should have helped you to determine what the most toxic elements of your workplace are right now.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Learning and development: HR helps with employee career development to help upskill employees and address skills gaps.

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Employee Well-being Needs to Include Retirement Plans

HR Bartender

He’s responsible for leading the retirement, investment counseling, and risk management teams in the U.S. Aloise] Actuarial science, particularly as it relates to valuing the liabilities of a pension plan, is a critical need in managing the retirement benefit programs for many organizations that sponsor a defined benefit pension plan.

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Retirement plan communication: Reach them where they are

HRExecutive

Retirement benefits, along with medical benefits , are rated as important considerations when candidates are evaluating a new job offer. Only 27% of employees surveyed said they definitely feel confident that they’ll save enough to cover their expenses in retirement. Advertisement - The second approach is direct listening.