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Why it’s Important to Upskill Employees in an Uncertain Economy

AvilarHR

By investing in learning and development, companies can strengthen their internal workforce while managing costs. Employee Retention : Economic instability can negatively impact employee morale , leading to increased turnover. Strengthen Engagement and Retention.

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Creating a Culture of Care: Prioritizing Employee Welfare and Well-being

Hppy

HR professionals who can do this will boost employee satisfaction , encourage higher retention rates, and help to create a more productive workforce. An Alight International Workforce and Wellbeing report reveals that 62% of responders would use a mental health app if it were available in the workplace.

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This Telecom Reskilled 500 People into Tech Jobs for Big ROI

Degreed

It takes time, and turnover is high. Thats why learning leaders at the telecommunications firm instead turned to the companys workforce. An internal workforce development program created by the company successfully graduated more than 500 professionals with specialized qualifications in high-tech fields.

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Why Banking On Your Workforce Boosts Business Results

Visier

In my last post , I discussed how innovative new ideas that drive success come at the intersection of the workforce and the business. Case in point: Banks with lower employee turnover retain more customers. At the crossroads of the workforce and the business is where HR can have its greatest impact.

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HR’s Rising Stars: A hunger for building drives this leader’s success at InStride

HRExecutive

‘Drink your own champagne’ While InStride was helping organizations develop their workforces, InStriders were craving more clarity about their own opportunities for career growth within the company, Hamilton says. By the end of 2023, these moves were part of a successful effort that reduced turnover by 10%.

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Don’t forget internal talent in workforce planning and recruiting

HRExecutive

This is a measure that should be on any HR leader’s dashboard, especially because internal hiring drives benefits like better retention and employee satisfaction. Major changes can make it less viable to hire internally. Workforce composition: Especially factors like the typical age and career stage of your workforce.

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Employee Benefits Providers: What Employers Need to Know

Empuls

The provider manages the logistics, ensuring that employees receive the benefits they need, which, in turn, can boost job satisfaction, reduce turnover, and improve overall company performance. Their global presence and extensive network make them ideal for companies with a diverse, international workforce.