Running a business requires a lot of decisions, but one of the most important is whether to hire employees or independent contractors. The decision you make will impact your business in significant ways, so it’s essential to weigh the benefits and drawbacks of each option carefully. The decision’s significance and its potential cost implications Choosing the wrong option can be
As economic uncertainty continues to grip the world as a result of the ongoing COVID-19 pandemic, a growing number of organizations are announcing layoffs. The latest to do so include ride-hailing service Lyft, Amazon-owned Whole Foods, and media company BuzzFeed News. Lyft announces significant workforce layoffs Lyft, which has a 4,000-strong workforce, has announced that a significant number of its
With the first wave of Gen Z entering the workforce, business leaders are confronted with the task of managing and working alongside a new generation that comes with unique challenges. Born between 1997 and 2012, Gen Z is recognized for its natural digital savviness, entrepreneurial spirit, and progressive values. However, recent research has revealed that many managers and business leaders
According to the most recent State of HR report, 2023 has been dubbed the Year of the Employee, highlighting the importance of prioritizing employees in the workplace. The report indicates that employees are increasingly becoming the center of the future of work, which signifies a shift in the priorities of HR professionals and employers. The concept of the Year of
The COVID-19 pandemic has forced companies to rapidly transition to hybrid working arrangements. With office spaces closed and traditional work methods disrupted, organizations have scrambled to implement new technology to support remote work. Despite the rush to adopt new tools, a recent study by Doherty Associates suggests that employees are not experiencing the productivity gains they had hoped for. This
The COVID-19 pandemic has led to a significant shift in the way we work. While remote work was already a growing trend before the pandemic, it has become a necessity for many companies in 2020 and beyond. However, it’s important to note that remote work isn’t the only option available. Hybrid work models, which combine both in-office and remote work,
The issue of transgender rights and inclusivity is not just a social justice concern but a business concern as well. Creating a safe and respectful workplace that is inclusive of all genders not only increases employee satisfaction, but also leads to better retention rates and greater productivity. In this article, we will explore the steps businesses can take to create
In today’s fast-paced and competitive work environment, it is easy to forget the power of appreciation and respect. However, numerous studies have proven that these two critical elements can boost employee productivity, job satisfaction, and motivation, which have a direct impact on a company’s bottom line. In this article, we will delve into the importance of appreciation and respect in
Workforce planning is the process of ensuring that an organization has the right people in the right positions, with the right skills, at the right time. At its core, it is all about building a robust and sustainable organization that can navigate through the ever-changing business landscape. In this article, we will explore the importance of workforce planning and how
Paid time off (PTO) is a valuable component of employee benefits packages. It allows employees to take time off work for personal reasons without sacrificing their income. Research indicates that PTO has been identified as a potential strategy for reducing burnout in the workplace. In this article, we will explore the importance of PTO and its impact on employee well-being
Hard skills and soft skills are both essential when it comes to achieving success in the workplace. Hard skills are the specific technical abilities required to perform a job, while soft skills refer to the personal attributes and interpersonal skills that foster effective communication and collaboration. In today’s fast-paced and dynamic work environment, having a good balance of both hard
As the COVID-19 pandemic accelerated the shift to remote work, many organizations found themselves implementing hybrid work models that allow employees to work both from home and in the office. For many, this change came with benefits such as increased flexibility and reduced commuting time, but it also presented challenges such as communication gaps and a lack of visibility. A
