Human Resource Management
The war for talent has recently reached a fever pitch, starting with the Great Resignation back in 2021 and then really heating up with the Great Reshuffle, when roughly half of the workers who quit their jobs made an entire change in occupation. Now, the talent war is moving into its next phase with what can…
Read the full storyIn today’s competitive talent market — where the rate of quits increased by 2.6 percent from April to May 2023 and employers are feeling pessimistic about talent availability in the next five years — companies that rely too heavily on traditional talent acquisition might find themselves missing out on top talent. This is because traditional…
Read the full storyHistory shows that the business landscape is always evolving, sometimes at breakneck speed. These shifts often lead to drastic changes in business strategies, long-term goals, and the strategic function of operations, which generally result in new HR trends. One such trend is the increasing reliance on employer of record (or EOR) service providers. These third-party organizations…
Read the full storyThe rise of remote work has triggered a shift from conventional recruitment strategies toward new, cutting-edge hiring methods. In addition to other strategies, companies now attract top talent by offering remote or hybrid options, contracting with freelancers, and onboarding contingent workers. Additionally, to align themselves with an increasingly globalized business landscape, companies are expanding into new markets…
Read the full storyA recent study from Sage titled “The changing face of HR” found that HR professionals are increasingly burned out at work despite still being passionate about their jobs. In fact, 62% of HR leaders are considering leaving the field entirely, even though 57% say they love their jobs. How is this possible? Well, it’s interesting that…
Read the full storyNavigating the various rules surrounding the engagement of independent contractors can be a daunting task for companies in general. If you then add to that the complexity of operating in multiple jurisdictions, that will be enough to leave even the more seasoned professionals feeling quite overwhelmed by the numerous restrictions and requirements they must observe.…
Read the full storyToday, there are a few critical questions hovering on the lips of many HR professionals: How will AI affect human resources? As ChatGPT enters and disrupts industries, what will become of the human element? Will AI replace human resources, or will a new evolution of HR rise up to meet the gauntlet of these technologies?…
Read the full storyFears of an economic downturn have a way of prompting companies to hit pause on a handful of strategic initiatives — talent acquisition included. Combine such uncertainty with rising interest rates, high inflation, and an unexpected banking crisis, and it can surely bring about a complete reevaluation of staffing needs. That’s at least what the…
Read the full storyContingent workers are playing an increasingly influential role in today’s business world. Their skills are extensive, and they provide organizations flexibility in multiple ways, offering expertise, stability, and even help launching initiatives. In 2023 and beyond, employers must understand who these workers are and how they can help their businesses both survive and thrive. …
Read the full storyBusinesses everywhere are still grappling with tremendous change, as pandemic aftershocks continue to roll through the global economy. Although most Covid-era restrictions are behind us, organizations large and small are still dealing with significant people-related issues. Workforce capacity planning is just one piece of this complex, multi-faceted puzzle. But if you’re an employer, rightsizing your workforce…
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