Fri.Apr 19, 2024

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Top 3 Strategic Alternatives to Layoffs

Careerminds

When considering cost-saving measures or optimizing staffing, the default solution for many is to consider reducing the workforce through layoffs or other forms of downsizing. However, are there alternative approaches that could be explored in such scenarios? Yes, there are alternatives to layoffs. While layoffs may sometimes be necessary to achieve certain goals, there exist numerous other methods to reduce workforce size, either permanently or temporarily, allowing businesses to recover and at

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Why HR leaders view unions more positively than executives overall

HR Brew

HR departments often play a key role in helping management respond to unionization efforts at their companies. When management takes a strong anti-union stance, talks between management and unionized workers can turn adversarial , putting HR pros in a tough spot. But recent data from Payscale suggests HR has a more positive view of unions than executive leadership overall.

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How to Conduct a Performance Review for Employees who are Leaders and Managers: 20 Essential Questions

DecisionWise

With even a basic Google search you will find numerous articles and blog posts that offer practical advice on how to conduct a performance review. These are typically framed from the perspective of a manager having a conversation with a team member or individual contributor. But what about those times when you are conducting a performance review for someone who is already a leader or manager in your organization?

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World of HR: Singapore employers must consider flexible work arrangement requests under new law

HR Brew

Remote jobs and flexible work arrangements may be decreasing , but Singapore just introduced legislation giving workers a greater chance for flexibility. Where in the world? By the end of the year, workers in Singapore will be entitled to request flexible work arrangements, including four-day workweeks, remote work, and flexible hours, according to a press release from the Tripartite Alliance for Fair and Progressive Employment Practices, under the Ministry of Manpower, which developed the legis

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The Rules Do Apply: Navigating HR Compliance

Speaker: Ann Meyers Piccirillo

HR Compliance is like a giant game of whack-a-mole. Once you think your company is compliant with all policies and procedures documented and in place, there’s a new or amended law, regulation, or final rule that pops up landing you back at ‘start.’ There are shifts, interpretations, and balancing acts to understanding compliance changes. Keeping up is not easy and it’s very time consuming.

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Stay Interviews: What They Are and How to Conduct Them Effectively

DecisionWise

Stay interviews are an important part of any employee listening (voice of the employee) strategy. They can be challenging, however, because they cannot be conducted without primary participation from front-line operational leaders. These folks must be the driving force in making the process work effectively. In addition, it can be difficult to gather the themes and feedback that surface during the stay interview process.

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DecisionWise Digest April 19, 2024

DecisionWise

A world-class performance review is not just about assessing past performance; it is about shaping future success. But how do you approach performance reviews with high-performing leaders? We’ll cover that and more in this edition of the DecisionWise Digest. Performance reviews with high-performing leaders should be unique When it comes to leaders and managers, conducting a world-class performance review requires a thoughtful approach, and in our view, the best strategy is to pivot from th

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These three components are key to Accenture’s employee well-being strategy

HR Brew

The acronym “RRR” most commonly stands for “reduce, reuse, recycle.” But for HR pros, it can also mean “recognition, recovery, renewal.” Those three words are the basis for the employee well-being strategy at Accenture, Tamarah Duperval-Brownlee, the company’s chief health officer, said at the Workhuman Live conference on April 17. Duperval-Brownlee, a former doctor, developed the strategy after joining Accenture in July 2021, nearly a year and a half after the Covid-19 pandemic had upended life

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Why I’m Bullish On Workday Again: The Innovation Summit

Josh Bersin

This week I attended the Workday Innovation Summit and there’s a lot to discuss. Having just celebrated its 19th birthday, the company is embarking on a major transformation. And it’s not just product innovation that’s happening, the company is greatly expanding its business model. Workday Has Been A Product Led Company Much of Workday’s.

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How to avoid role duplication when growing a business

HR Brew

Companies that grow at an accelerated pace run the risk of hiring too aggressively, resulting in an overgrown organization with duplicated roles. Tesla seems to have experienced this issue. In an April 15 email to employees, CEO Elon Musk announced layoffs affecting more than 10% of Tesla’s workforce. He attributed the need for cuts, in part, to the company’s “rapid growth,” which led to “duplication of roles and job functions in certain areas.

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Modernizing Hiring: The Rise of Contingent Recruitment in 2024

The job market is changing fast, and to stay ahead, your hiring strategy needs to be flexible. With recent economic shifts, more companies are turning to contingent workers for their adaptability and cost savings. In fact, 32% of businesses are already prioritizing contingent over traditional full-time positions. Curious to learn more? In our new guide, you'll discover: The major benefits of incorporating contingent workers into your team.

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Hybrid Work Schedule: Types, Benefits & Best Practices

Replicon

A hybrid work schedule is a combination of remote and office work settings that allows employees to enjoy the flexibility of a remote work culture while facilitating in-person interaction for better collaboration. This human-centric work setting works as a win-win solution for both employers and employees as employees get the autonomy to navigate between remote and on-site work while the employers can reduce the overhead expenses.

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How HR leaders can promote a more sustainable workplace

HRExecutive

Sustainability is a crucial concern for HR leaders because it directly impacts various aspects of the organization, including its reputation, employee engagement and long-term viability. That’s why one of the top trends in our recent SAP Future of Work Trend Report 2024 is “ Steering towards a sustainable future of work “ By promoting practices that create a more sustainable workplace, HR leaders can enhance the company’s brand image, attract and retain top talent who are

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Brooklyn Tea: Brewing Up an Unstoppable Team with Homebase

Homebase

From smudged schedules to a tea-rrific team. In the heart of Brooklyn, a small business is making a big impact on its community and its employees. Brooklyn Tea, founded by husband and wife duo Alfonso Ali Wright and Jamila Wright, has become a haven for tea lovers and a shining example of how to build a people-first workplace. For the last 8 years, they’ve been serving up more than just top-notch tea – they’ve been brewing a recipe for an unstoppable team that’ll leave you thirsty for more

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Regulate your use of noncompete agreements before the government does it for you

Business Management Daily

Boston Beer Co., the brewer of Sam Adams and other craft beverages, is taking heat for its overuse of noncompete agreements. In a recent article, the Boston Globe cites examples of several former lower-level Boston Beer employees forced out of the industry they love because of the noncompete agreements their former employer forced them to sign at their time of hire.

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The Essential Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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Employee Benefits: Ultimate Guide 2024

HR Tech Girl

Benefits are powerful drivers of recruitment and retention. Use this guide to help you understand everything you need to now about them. The post Employee Benefits: Ultimate Guide 2024 appeared first on People Managing People.

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Should Your Job Listings Include Salary Information?

ApplicantStack

Salary is one of the first details job seekers look for in a posting. Along with education and experience requirements, compensation immediately determines if someone will apply for the job or move on to the next one. Common practice has been for companies to put off salary discussions until it was time for an offer. Some prefer to present a large salary range in the job listing.

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Why a growth mindset can drive HR innovation, despite cost-center concerns

HRExecutive

The digital revolution has transformed the business landscape, and the HR domain is no exception. As we all navigate the complexities of this new era, HR leaders need to embrace and reinforce a growth mindset to drive innovation and adapt to the evolving needs of the “now of work.” However, this is particularly challenging for HR departments, which are often viewed as cost centers and face constant scrutiny around spend. - Advertisement - HR departments can no longer afford to remain stagnant.

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Social Capital in the Workplace: How HR Can Build Stronger Employee Connections 

Analytics in HR

In a world increasingly shaped by technology, AI, and global shifts, strong interpersonal skills are more valuable than ever in business. For HR professionals, building social capital in the workplace isn’t just a nice-to-have; it’s essential for improving employee relationships, creating a strong culture, and boosting the company’s performance.

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Hiring for Culture Fit: Align Your Values, Roles and Candidates

Speaker: Dr. Craig Ellis, Head of I-O Psychology, HighMatch

Is the term “culture” just a buzzword tossed around at your organization, or have you delved into the core values and behaviors that truly define a good fit for your company? In this webinar, Dr. Craig Ellis, an I-O Psychologist, will share a proven framework to identify the essential traits that contribute to a seamless fit within your unique culture, not just in your current successful employees but also in prospective candidates.

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Organizational Development Conferences To Explore Industry Trends In 2024

HR Tech Girl

Here are the best organizational development conferences to network, gain industry insights, and learn new strategies for workforce management. The post Organizational Development Conferences To Explore Industry Trends In 2024 appeared first on People Managing People.

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What is Equity Compensation & How It Work?

HR Lineup

Equity compensation is a powerful tool used by companies to attract, retain, and incentivize employees. Unlike traditional forms of compensation such as salary and bonuses, equity compensation grants employees ownership stakes in the company. This can take various forms, including stock options, restricted stock units (RSUs), stock appreciation rights (SARs), and employee stock purchase plans (ESPPs).

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Blueprint For Success: Navigating The Path To The C-Suite Through Personal Development

Forbes Coaches Council

For those who want to advance at their current job or somewhere else, a self-coaching strategy can help you get ahead.

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Top 19 Unicorns & What Makes Them Industry’s Front-Runners

RChilli

RChilli proudly introduces a curated list of companies that, with sheer dedication and passion, achieved Unicorn Company Status. Carving a niche in their respective industries, their journey towards the prestigious status was mapped out with a team of dedicated, talented, skilled, and best-in-class professionals. Here’s raising a toast to them!

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Trending Payroll Statistics

Staying up-to-date on the latest decisions and payroll statistics ensures businesses can remain compliant and efficient. B2B Reviews research compiled the latest data to help businesses stay on top of payroll in 2024 and prepare for the future.

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Managing Conflict Across Varying Organizational Levels

Forbes Coaches Council

The first step in managing conflict across organizational hierarchies involves getting everyone to speak the same "language" when thinking about it.

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A Guide to Maximizing Employee Insights and Action for Small Teams

Perceptyx

Given the limitations of traditional statistical methods, interpreting employee survey results for small sample sizes poses distinct challenges and opportunities. In these situations, managers need to adopt more nuanced approaches to leveraging data to understand team dynamics. This shift can transform basic feedback into actionable insights, enabling more effective team management and improved workplace dynamics.

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The Role of Ethical AI in Skills-Based Talent Decisions

TalentCulture

This is an encore presentation. Sponsored by Reejig This is an encore podcast presentation previously aired on November 11th, 2022. Numerous HR tools now leverage AI, subtly altering our work processes and decision-making in talent management. This prompts questions about AI’s expectations and whether such innovation aligns with our goals. Specifically, what part should AI […] The post The Role of Ethical AI in Skills-Based Talent Decisions appeared first on TalentCulture.

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Enterprise Document Management: Strategies for Efficiency

Quickbase

Finding information for projects, reports, and compliance audits is challenging when your documents are stored in separate platforms - learn how to fix that with enterprise document management.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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Unifying Market Pricing and Compensation Planning for Pay Equity

HRsoft

In 2024, achieving pay equity is not just a goal but a necessity. Compensation professionals face growing pressure to ensure fairness and transparency in pay practices amid changing regulations and heightened employee expectations. To shed light on this issue, industry leaders Alan Miegel, CEO and Co-founder of BetterComp , Tom McMullen, Senior Client Partner at Korn Ferry , and Glizcel Ditto, Executive Director of Solutions & Strategic Consultant at HRSoft held a webinar focused on this top

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Biased To Balance: Effective Methods to Eliminate Bias In Recruitment

RChilli

In today's competitive business environment, an organization's strength lies not just in its products but significantly in the talents and diversity of its workforce. As everyone strives for expansion and growth, it is crucial to understand how hiring practices can profoundly shape an organization's future.

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Rocks, Pebbles, and Sand Analogy

BetterUp

Jump to section What is the rocks, pebbles, and sand analogy?

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