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As an HR community, we’re obsessed with metrics. We depend on metrics to meet HR regulatory standards and monitor the process variation month-on-month. But do metrics displayed on our dashboards give us a robust roadmap for how to improve them? Or do they provide information about the hidden root causes when we observe improving or declining data? Most HR practitioners will probably say no.
People come, and they go—even at work! Some employees experience involuntary turnover, while some resign after a few years. But it would do companies well if those they hired stayed for the long term. Why? Because it costs an organization six to nine months of an employee’s salary to replace them. To illustrate: it will cost you $30,000 to $45,000 to hire and train a replacement for a $60,000 salary employee.
“Marcus Aurelius is the noblest of all the men who, by sheer intelligence and force of character, have prized and achieved goodness for its own sake and not for any reward.
Today’s professionals have radically different priorities compared to just a few years ago. As the Great Resignation continues, many people continue looking for a career change, and flexibility has become the new trademark of a forward-thinking, progressive employer. With unemployment levels remaining low, HR leaders have to work extra hard to build strong and effective teams that support the company’s aims.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Did you know? According to a report, worldwide investment in HR digital transformation will nearly double between 2020 and 2024. HR Digital transformation is both a process and an end result. It is both a revolutionary and evolutionary phenomenon. In addition to digitalization, the change to business with technology at its core necessitates a shift in an organization’s culture and philosophy.
Friendships are an essential aspect of work life. But friendships among remote employees aren’t the same as relationships among people who spend time together in an office. In office environments, extroverts usually do the heavy lifting needed to encourage social bonding. But now, team members often work from different locations. Getting remote team members to […].
Friendships are an essential aspect of work life. But friendships among remote employees aren’t the same as relationships among people who spend time together in an office. In office environments, extroverts usually do the heavy lifting needed to encourage social bonding. But now, team members often work from different locations. Getting remote team members to […].
Being clear and transparent about employee compensation is a step towards pay equity. So, more and more states are starting to require it in job postings. And, many companies are listing salary info even if it’s not required by law. Are you compliant? Pay equity laws vary based on the state you are hiring in. Here’s a list of 6 pay equity laws by state where employers are required to list salary ranges in job postings or disclose them during the hiring process: 1.
To protect employee rights, the Fair Labor Standards Act (FLSA) regulates overtime. But, some employees are exempt from receiving overtime pay. If you offer commission pay to employees, you might be wondering if they are exempt from overtime. What are your responsibilities when it comes to commission employees and overtime? First, you must understand how […] READ MORE.
Talks of an impending economic recession , whether it’s forecasted to be a rain shower or a torrential downpour, can be stressful for all business leaders. No matter what actually unfolds, it’s a good idea to prepare for the road ahead in order to mitigate the worst impacts on your business. Some advice is universal and applies to any economic downturn, such as: Protect cash flow Reevaluate unnecessary expenses Solidify relationships with customers.
With more companies investing in well-being, leaders should use this day to commit to a year of effort. After the pandemic, mental health has become a huge focus for employers. In 2020, employees and employers spent almost $77 billion on mental health. At the beginning of 2022, 90% of employers said they were investing more in mental health programs.
ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.
Companies have performance metrics to describe and evaluate different projects and processes. OKR vs KPI defines goals and factors to achieve success in an organisation. They are performance measures used to define actions, which can make them appear identical at first. When you look closer, you’ll see that they are quite different. In this write-up, we analyse the differences between key performance indicators (KPIs) and objectives and key outcomes (OKRs).
It took 2,500 years to build the Great Wall of China. The Ming Wall alone, its most famous section, took 276 years to build. So did every bricklayer — or even every Ming emperor — show up to work each day thinking about completing the Great Wall? We certainly hope not, or they’d be overwhelmed with stress! That’s the idea behind OKRs, or objectives and key results.
The idea of team-building sounds great, in a vacuum. What could be wrong with having some fun, getting to better know your coworkers, and even getting a bit of time off the job? Unfortunately, this simple concept has been routinely misused for years, with organizations implementing mandatory fun — an oxymoron if there ever was one — in the form of events and activities that somehow make hitting the grindstone look appealing by comparison.
Selecting the correct HR software for your business is essential. However, it’s not an easy. The post 7 Key Questions to Consider Before Selecting an HR Software Solution appeared first on SutiSoft.
Huge expectations have been placed on today’s people leaders, while inflation, tight budgets, and a competitive talent market continue to create an uphill climb for many teams post-pandemic. That’s why at 15Five’s 2022 HR Hacks for Business Virtual Summit , we brought together a panel of HR leaders to share their ideas for doing more with less, and how you can build high performing teams even when times are tough.
No single process is going to have the same set of requirements or specific needs every time. The amount of necessary complexity requires a new technology for dynamic program delivery.
Unlock the potential of your organization with People Experts LLC, the leaders in fostering collaborative workplaces built for People. We specialize in human resource strategic planning, fractional HR services, and employee engagement. Our expert guidance and tailored approach ensure that your workplace thrives and is positioned for sustainable growth.
When talent is scarce, conducting a skills audit helps you to gain a thorough understanding of what skills you have in your organization and which you need to develop or hire for. Contents What is a skills audit? What are the types of skills audits? When should you conduct a skills audit? Why do organizations conduct skills audits? 10 tips for a successful skills audit.
The software industry has been at the forefront of technological developments for decades now, with major companies such as Apple and Microsoft ranking among the most valuable and successful companies in history. It’s no wonder, then, that so many people aspire to start their own software company. But do you know how to start a software company? New software businesses are created constantly in order to leverage the latest innovations in technology through various services and products.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Jennifer Fisher, SHRM-SCP. Whether your team is all in one office, spread out among several, in a hybrid environment, or completely remote, creating a positive culture is important for retention, talent acquisition, engagement, and productivity. How can you create a culture that benefits your organization ? We spoke with INTOO client Jennifer Fisher, SHRM-SCP, Director of People and Culture at International Scholarship and Tuition Services, Inc.
Engaging People Podcast · Ep. 60: Diversity And Inclusion. In this podcast episode, DecisionWise Principal Consultant Beth Wilkins, Ph.D. discusses the topic of diversity and inclusion inside organizations.
Computer information technology company, Hewlett Packard Enterprise reached a settlement regarding allegations of pay discrimination late last week. 1,735 female employees who worked at the company’s California offices from 2015 onward will be awarded compensation ranging from $500 to $17,000 each. The amount itself will come down to each individual’s tenure with the company and how much they assert they were underpaid.
Onboarding begins long before your new employee's first day. With thoughtful preparation, their first days can be seamless. Set the tone for a welcoming experience by starting your onboarding plans for the new year now. With the help of this pre-onboarding checklist, you’re sure to create better first days!
Reviewed by Patti van Eys, Ph.D. After the pandemic, we, as a nation, began to talk about mental health openly, honestly and with compassion. We are getting better at destigmatizing mental illness, discussing that our brain, like any other organ, is susceptible to illness, and that an illness such as depression isn’t just “feeling sad” or a “passing phase,” rather, it is a disease that can profoundly change how people act and react, process information and express emotions, connect with others,
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National Disability Employment Awareness Month (NDEAM) is a national campaign held in October that raises awareness about employment issues for disabled people, and celebrates the many contributions of workers with disabilities. In this blog, you will learn more about this striking history and why National Disability Employment Awareness Month (NDEAM) and its mission is important to our overall success in our work and as a nation as a whole.
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