Human Resource Management
2021 was a lot of things, but for many people, it was also the year they said “goodbye” to their employers. In May 2021, we began hearing rumblings of the so-called Great Resignation, and what followed were consecutive months of record-setting quit rates that peaked at 3% in September. In November alone, 4.5 million Americans…
Read the full storyThe war for talent is heating up, and not many organizations are winning. According to ManpowerGroup’s 2021 survey on employment outlook, 69% of companies are facing talent shortages and hiring difficulties. That’s because in the wake of the COVID-19 pandemic, an unprecedented workforce exodus known as The Great Resignation is exacerbating an already severe labor…
Read the full storyGrowth in the contingent workforce has continued to outpace expectations in 2021 due to a variety of factors. Chief among them is the desire for flexibility, an attribute that is now seen as a key ingredient of resilient organizations. Accordingly, HR leaders discovered that highly skilled contingent workers could help them address urgent needs. Of…
Read the full storyThe very idea of the workplace has shifted, and many industries now recognize that their work environments and hiring strategies can be more flexible, too. Company leaders can decide how to arrange work so that it works for everyone, reimagining details from the physical space that team members occupy to the hours they spend on…
Read the full storyWith global business creation exploding, now could be the perfect time to onboard talented contingent workers. If necessity is the mother of invention, then innovation is the child of adversity. Perhaps that’s why we saw an explosion of new businesses in 2020 despite a global pandemic and coronavirus-induced recession. After an initial decrease in new…
Read the full storyIn the early days of pandemic lockdowns, there was a lot of talk about what work would look like post-pandemic. Although some businesses believed that everything would eventually go back to the way things were, many others thought employees could forget about going back to the office altogether. As the pandemic wore on, workers began…
Read the full storyBy now, we’ve all heard the saying, “There are only two types of companies: those who’ve been hacked, and those who don’t yet know they’ve been hacked.” It’s a scary thought, but I believe there are two other types of companies with an even more important distinction: those who make a mark, and those who think…
Read the full storyThe future of work is hybrid. In fact, Gartner notes that 48 percent of the workforce will likely work fully or partially remotely after the pandemic, and employees now demand flexible schedules. Bloomberg also reports that 39 percent of people surveyed in May 2021 said they would quit their jobs if their employers didn’t provide remote work options. Even though…
Read the full storyThe hiring landscape is presenting a strange paradox. By April 2021, a record 10 million jobs had opened up across the U.S. And yet, employers are struggling to find workers and the unemployment rate is continuing to grow. So why is there a labor shortage along with record-high job openings? The pandemic has collided with…
Read the full storyHow many job offer letters have you sent in your HR career? Fifty? One hundred? Five hundred? Believe it or not, you probably would have sent just one or two offer letters per year a few decades ago. Back then, offer letters were largely written for executive-level or professional roles. But today, with positions becoming…
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