In today’s rapidly evolving job market, employers are increasingly facing the challenge of ensuring that their workforce possesses the necessary skills to keep pace with industry changes. When productivity declines or employees fail to meet expectations, the immediate assumption often points to a skills gap. However, accurately identifying and addressing these gaps is not straightforward. This article outlines a structured
Ling-yi Tsai, our HRTech expert, brings decades of experience assisting organizations in driving change through technology. She specializes in HR analytics tools and the integration of technology across recruitment, onboarding, and talent management processes. Why are performance reviews critical for employee development?Performance reviews are critical because they provide structured opportunities for feedback and goal setting. They help employees understand their
The anticipated rise in revenue among Nigerian small and medium enterprises (SMEs) has garnered attention as these businesses increasingly adopt digital payments and innovations. According to the Mastercard SME Confidence Index, an overwhelming 99 percent of Nigerian SMEs now accept digital payments, marking a notable shift towards cashless transactions. This digital shift provides these enterprises with a significant advantage, enabling
Employee well-being has emerged as a critical focus for organizations striving for success, becoming more than just a perk but a strategic necessity for business growth. Companies are beginning to realize the direct relationship between employee wellness and critical business outcomes, such as productivity, retention, and overall performance. Research increasingly supports the notion that prioritizing employee health and happiness can
Employee benefits can often be a source of confusion and frustration for workers, leading to dissatisfaction and even impacting their performance on the job. Recognizing this critical issue, Optavise has introduced Optavise Clear, a groundbreaking solution designed to simplify and enhance employee benefits management. Optavise Clear aims to address the fact that 73% of employees express a need for more
Workplace friendships, once considered a cornerstone of professional satisfaction and employee retention, seem to be on the decline in today’s remote work era. According to recent polls conducted by Glassdoor, fewer than a quarter of employees report staying at a job due to workplace friendships, while more than half explicitly avoid forming such bonds to maintain a clear boundary between
Networking effectively to enhance your career involves a strategic and genuine approach where the focus is less on the quantity of contacts and more on cultivating meaningful relationships. This subset of professional connections can provide sustainable support and opportunities over time. It’s not merely an exercise in expanding your contact list but engaging and nurturing interactions that could aid in
Employee turnover can be a significant drain on resources, both financially and in terms of lost knowledge and productivity. High turnover rates compel companies to invest considerable amounts of time and money into recruiting, hiring, and training new staff. By focusing on talent retention, businesses stand to create a more stable and resilient workforce, which can lead to a competitive
The phenomenon of high employee turnover rates has been a significant concern in the Philippines since early 2021, and this trend is part of the global movement known as the Great Resignation that saw employees across various countries leaving their jobs in large numbers. While the impact of the Great Resignation has lessened in many other regions, the Philippines continues
For decades, leadership was synonymous with titles, authority, and corner offices. But in today’s workplace, influence isn’t just reserved for executives. The most impactful professionals aren’t waiting for a title to lead—they are building their credibility, driving change, and making an impact from wherever they stand. If you want to grow in your career, expand your influence, and position yourself
As inflation continues its upward trajectory and pay increments remain stagnant, employees across various industries face an uncertain economic landscape that threatens workforce stability and retention. Recent data from Brightmine and the Office for National Statistics (ONS) reveals the gravity of the situation. Official figures indicate that the median annual pay increase for the three months ending January 2025 was
In today’s dynamic business environment, managers are at the forefront of ensuring a successful total rewards strategy by effectively balancing organizational goals with the needs and expectations of their employees. A recent Fidelity study underscores the importance of managers as pivotal players in the implementation process, highlighting their role as the primary point of contact for employees. This study reveals
