HR/Benefits

HR/Benefits (140)

How to Win the War for Talent in the Gig Economy

Since the gig economy exploded on the scene during the Great Recession, it has reshaped the American workforce. Consider that today, more than one-third of Americans report that they are participating in one way or another, with 49 percent of adults under 35 “gigging it.”1 Certainly there are pros and cons to gig work, and the subject is wracked by ongoing controversy as legislators struggle to define what it really means to be an employee. Yet, Rick Grimaldi says companies can’t afford to ignore the powerful lure, especially among young people, of working this way.  

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How to Win the War for Talent in the Gig Economy

Since the gig economy exploded on the scene during the Great Recession, it has reshaped the American workforce. Consider that today, more than one-third of Americans report that they are participating in one way or another, with 49 percent of adults under 35 “gigging it.”1 Certainly there are pros and cons to gig work, and the subject is wracked by ongoing controversy as legislators struggle to define what it really means to be an employee. Yet, Rick Grimaldi says companies can’t afford to ignore the powerful lure, especially among young people, of working this way.  

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Need to Revise Your Method of Compensating Employees?

 Every business would love to hire the most qualified employees and retain those who are loyal and productive. This is often determined by many factors, one of them being the compensation packages in terms of money and incentives, and other benefits. Unfortunately, most small and mid-sized businesses lose top performers due to a lack of proper compensation schemes. They end up incurring costs of hiring and training new employees. However, the main risk is that relationships with customers and the morale of other employees can be damaged with regular change in people working and teams. Studies indicate that the most profitable organizations are the ones that have the highest rates of employee retention. Here are some compensation strategies that you should enforce in your organization to improve your retention rates:

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Your Need More Than Luck to Land Your Next Employee  

As small businesses try to rebuild and recover the lost opportunities caused by the COVID-19 pandemic, a new hurdle seems to be awaiting them: the lack of employees to fill the positions left vacant. With the unfilled positions despite advertising for job openings, the ability of small businesses to rebuild and keep up with the demand for products and services as lockdown restrictions eases is in jeopardy. A survey conducted by the National Federation of Independent Businesses in March found out that as high as 42% of business owners have active job openings that could not be filled. On the other hand, 91 percent of those actively hiring or trying to hire reported no qualified applicants for the vacant positions.

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How to Better Support Your Employees to Fight Remote Work Burnout

Your thoughts control your feelings and impact your behavior. When this behavior becomes a pattern, suddenly you have developed a habit. I am going to teach you how to understand where those patterns came from and then how to change them to give you freedom over your negative thoughts.

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7 Things Leaders Need to Know About the Post-COVID Workplace

Have you noticed your colleagues and employees seem a little stressed lately? (Okay, more than a little.) (Okay, it’s not just them. It’s you, too.) It’s understandable: The pressures we face and the hurdles we must jump are quite stressful. Yet the truth is far more worrisome, say Diana Hendel, PharmD, and Mark Goulston, MD. There’s a good chance your company has moved past stress and into trauma territory.

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5 Ways HR Can Make Diversity And Equality Central To Succession Planning

Women are making progress in corporate leadership. A record 41 female CEOs are scheduled to run Fortune 500 companies in 2021. Along with this positive news about diversity and equality in the workplace, business observers think another good example was set by a male CEO deciding to step down in 2021. Zalando’s Rubin Ritter said he is leaving his position so he can put his wife’s career first.

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3 Tips For Leaders To Steady The Ship When Employees Lose Their Balance

Company leaders and managers have a big responsibility in overseeing employees. But they can’t see everything, and sometimes there’s more going on in a worker’s life than meets the eye. Employee disengagement or burnout isn’t always apparent, and some employers may be in for a surprise if and when the COVID-19 pandemic winds down. One study shows that 57% of U.S. employees say they are burnt out, with many likely to leave their job after the pandemic is over. And a Gallup survey reveals that the percentage of engaged employees – those enthusiastic about their workplace – is under 40%.

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Hiring New Employees Needs Updated Strategies

No one will disagree that 2020 was perhaps the most challenging year for many businesses than any other we have witnessed in our lifetime. Organizations were forced to navigate the rapidly changing environment in their service provision. As organizations adapt to new realities in their workplaces, technology will become vital in addressing most of the issues. Here is a look at some trends in human resources that will shape 2021 and beyond.

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Why Small Businesses Need to Offer a Managed Fertility Benefit

Family-building benefits are increasingly in demand by employees and catching on as a necessary benefit among small businesses nationwide. In fact, there has been a 350% increase among employers offering family-building benefits since 2018.  Much of the demand has to do with employees choosing to start families later in life, therefore increasing the need for Assisted Reproductive Technologies (ART). 

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