Sat.Oct 01, 2022 - Fri.Oct 07, 2022

article thumbnail

Game Theory in HR: Applications and 3 Case Study Examples

Analytics in HR

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.

article thumbnail

6 Factors That Influence Employee Retention And How You Can Improve Each

HR Cloud

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nine Quotes by Marcus Aurelius That Could Change the Way You Do HR (and Life)

Human Resources Today Submitted Articles

“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.

243
243
article thumbnail

Progressive recruitment: How flexible benefits packages can help

HiBob

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.

article thumbnail

6 Strategies to Navigate Social Determinants of Health for a Better Workplace

In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

article thumbnail

6 Steps to Create A Great HR Digital Transformation Roadmap

CuteHR

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.

More Trending

article thumbnail

Commission Employees and Overtime Rules

Patriot Software

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.

Payroll 73
article thumbnail

Weathering the storm: How to “recession proof” your business

Insperity

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.

How To 104
article thumbnail

5 Ways To Engage Employees on World Mental Health Day

Great Place to Work

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.

article thumbnail

OKR vs KPI, Which One is the Right Fit for Your Company?

EmployeeConnect

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).

article thumbnail

Here Are the HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

article thumbnail

Employee Attrition Analytics: The Who, When & Why Of Employee Turnover | Perceptyx

Perceptyx

Employee attrition analytics can put your organization ahead of the curve in reducing turnover and retaining valuable talent. Here’s how.

Analytics 279
article thumbnail

10 fun team-building activities to suit every type of worker

Achievers

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.

article thumbnail

RChilli To Exhibit at Oracle CloudWorld, Las Vegas, 2022

TalentCulture

RChilli debuts exhibiting at Oracle CloudWorld, 2022, and will showcase how its AI-driven resume parser helps Oracle HCM and PoepleSoft recruiters streamline their exhaustive hiring practice without compromising on hiring quality. The post RChilli To Exhibit at Oracle CloudWorld, Las Vegas, 2022 appeared first on TalentCulture.

Oracle 140
article thumbnail

How to Start a Software Company

Embroker

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.

article thumbnail

Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

article thumbnail

The Employee Experience: 8 Moments That Matter

Perceptyx

There are 8 key moments in the employee lifecycle that are prime opportunities for listening, and each can have an outsized impact on your EX.

203
203
article thumbnail

7 Key Questions to Consider Before Selecting an HR Software Solution

SutiHR

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.

article thumbnail

Six Factors for Team Effectiveness

Human Resources Today Submitted Articles

246
246
article thumbnail

How to Spot Signs of a Toxic Culture in the Job Description

The Muse

I escaped a toxic environment and I don’t want to find myself in another one. These are the red flags I’m looking out for in job descriptions.

How To 144
article thumbnail

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.

article thumbnail

are there times when you can’t ethically quit a job?

Ask a Manager

This post, are there times when you can’t ethically quit a job? , was originally published by Alison Green on Ask a Manager. A reader writes: I’ve read your site for a long time, so I’m pretty sure that your advice here is going to be to do what’s best for me (and if that’s leaving, then leave), but my question is: Are there circumstances under which you really shouldn’t leave a job?

Policies 120
article thumbnail

How to Recruit Millennial and Gen-Z Drivers

Cisive

There has long been a driver shortage in the United States. The American Trucking Associations (ATA) estimates the current shortage around 80,000, a historic high for the industry. And it gets worse – the shortage may grow as high as 160,000 by 2030 if transportation companies don’t get creative and find ways to adapt to younger generations’ expectations and preferences in the workforce.

article thumbnail

Supporting Mental Health With a Week Off Isn’t Enough

Human Resources Today Submitted Articles

246
246
article thumbnail

What happens to 401k if furloughed?

HR Digest

If you’re furloughed, does that mean your 401k is canceled? In a sentence: no, your furlough pay reduction does not lead to 401k cancellation. Your 401k is yours, and it stays yours. While you may not be able to contribute to your account during furloughs, you can still contribute yourself after the furlough ends. This means that if you want to keep saving for retirement, you can do so—and with the right tips, you could even get a little extra cash for your savings.

article thumbnail

Automate Your Onboarding Process In 7 Steps

Efficient employee onboarding is more than a warm welcome—it's a catalyst for business growth. Automated onboarding transforms new hires into productive team members faster, fostering long-term satisfaction and talent retention. For HR, automation means replacing inefficient manual processes with streamlined, cost-effective operations. Our eBook reveals how automating employee onboarding delivers these benefits, reducing HR challenges and elevating new employee readiness.

article thumbnail

coworker wants me to change my hair routine, boss avoids meals with employees, and more

Ask a Manager

This post, coworker wants me to change my hair routine, boss avoids meals with employees, and more , was originally published by Alison Green on Ask a Manager. It’s four answers to four questions. Here we go…. 1. I don’t want to change my hair routine for a coworker. I’m a cancer survivor in remission. When my hair grew back, it was surprisingly curly!

Meeting 113
article thumbnail

What is Transgenerational Trauma, and How Does it Affect Our Families?

BetterUp

Jump to section. What is transgenerational trauma? Who is affected by transgenerational trauma? How are intergenerational and historical trauma different? What causes transgenerational trauma? Examples of transgenerational trauma. Symptoms of transgenerational trauma. Ending the cycle of transgenerational trauma. Treatment for transgenerational trauma.

Examples 116
article thumbnail

Plan now for when employees want to be paid in bitcoin | BenefitsPRO

Human Resources Today Submitted Articles

246
246
article thumbnail

10 Things to Motivate Your Employees

6Q

Employee motivation boosts employee performance, service delivery, and business profitability, all while keeping the levels of staff turnover low. Here are 10 things to motivate your employees. Enhance communication in the workplace. Effective communication in the workplace will motivate your employees by eliminating the trust issues and collaboration challenges that come with miscommunication.

article thumbnail

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.