Tag

Compensation

Is Barclays’ IT Outage Exposing Systemic Vulnerabilities in Banking?
Cyber Security
Is Barclays’ IT Outage Exposing Systemic Vulnerabilities in Banking?

Barclays, one of the UK’s largest banks, is currently dealing with a major IT outage that has significantly disrupted its app, online banking services, and payment processing systems. The timing of this disruption has made the impact especially severe, coinciding with the deadline for self-assessment tax returns and payday for many UK residents. This incident has thrown a spotlight on

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Generational Priorities: Attracting Diverse Workforce Through Employer Brand
Employment Law
Generational Priorities: Attracting Diverse Workforce Through Employer Brand

In a rapidly evolving job market, it has become essential for employers to understand the unique priorities that attract different generations to the workplace. Recent research conducted by Vermelo RPO, Gerrard White, and Personnel Today in late 2024 sheds light on the distinct factors that influence job attraction for baby boomers, Gen X, Gen Y, and Gen Z, with a

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How Can Companies Attract and Retain Top AI Talent Today?
Recruitment-and-On-boarding
How Can Companies Attract and Retain Top AI Talent Today?

As Artificial Intelligence (AI) continues to revolutionize industries and day-to-day operations, businesses are grappling with how to attract and retain top AI talent to help them achieve their AI-related goals. The demand for AI professionals is increasing across various sectors, and companies must understand the factors that make them attractive to these experts. Mission-Driven Culture Aligning Company Goals with Personal

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Are You Unknowingly Driving Away Your Best Employees?
Talent-Management
Are You Unknowingly Driving Away Your Best Employees?

In today’s competitive job market, retaining top talent is more critical than ever. Yet, many organizations unknowingly engage in practices that drive their best employees away. Understanding and addressing these issues is essential to maintaining a robust and engaged workforce. This article explores the common pitfalls that lead to employee dissatisfaction and turnover, providing insights into how companies can create

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Adapting Workplaces to Meet Gen Z’s Unique Expectations
Employment Law
Adapting Workplaces to Meet Gen Z’s Unique Expectations

The subject of analysis for this article centers on the emergence of Generation Z (those born between 1997 and 2012) into the workplace. As we’ve already observed from the influx of millennials, a new generational wave now brings its distinctive tastes, preferences, and perspectives into the professional domain. Generation Z currently comprises 18 percent of the workforce, with projections from

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How Can UK Employers Navigate the 2025 Hiring Recession?
Recruitment-and-On-boarding
How Can UK Employers Navigate the 2025 Hiring Recession?

UK employers are facing a challenging hiring environment as the labor market enters a recession marked by rising unemployment rates and declining job vacancies. According to the Office for National Statistics, UK unemployment rose to 4.4% in the three months to November 2024, while job vacancies have decreased for the 30th consecutive period, with 24,000 fewer openings in Q4 2024

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Strategies to Enhance Employee Retention and Reduce Turnover
Talent-Management
Strategies to Enhance Employee Retention and Reduce Turnover

Employee retention is a critical aspect of maintaining successful businesses, especially for companies like Shopify Norge, where the cost of replacing employees can be significant. Engaging and satisfying talented employees to prevent turnover is essential. Consider that replacing an employee can often cost up to twice their annual salary, factoring in hiring expenses, training time, and lost productivity. Furthermore, high

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Revolutionizing HR Management: Reducing Admin Burden with AI
Recruitment-and-On-boarding
Revolutionizing HR Management: Reducing Admin Burden with AI

Artificial Intelligence (AI) in Human Resource Management (HRM) has emerged as a groundbreaking solution to reduce the administrative burden, enabling HR professionals to focus on strategic initiatives. This article explores how AI is revolutionizing HR operations by automating repetitive tasks, enhancing employee experience, and providing valuable insights for organizational growth. Streamlining Recruitment and Selection Enhancing Candidate Screening AI enhances recruitment

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How Can Employers Address Widespread Career Regrets Among Workers?
Talent-Management
How Can Employers Address Widespread Career Regrets Among Workers?

Recent surveys reveal a concerning trend: nearly two-thirds of workers in the U.S., UK, France, and Germany express regrets about their career choices. These regrets range from not asking for a pay raise and not prioritizing work-life balance to staying too long in an unsatisfying job and not negotiating salaries effectively. Such widespread dissatisfaction has significant implications for employers, potentially

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Singaporean Workers Seek Second Jobs Amid Rising Living Costs and Inflation
Payroll
Singaporean Workers Seek Second Jobs Amid Rising Living Costs and Inflation

Over half of the Singaporean workforce is now considering taking up second jobs to boost their earnings due to inadequate salary increments and spiraling living costs. In this climate of financial strain, a striking 24% are looking to augment their earning potential, while a significant 56% are either actively searching for or contemplating another job to mitigate job insecurity. The

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UK Gender Pay Gap Projected to Close by 2065 Amid Sector Disparities
Employment Law
UK Gender Pay Gap Projected to Close by 2065 Amid Sector Disparities

Despite years of efforts to bridge the gender pay gap in the UK, recent analysis shows that it will take until 2065 for the gap to close, highlighting a concerning reality that progress is still painstakingly slow. A study conducted by pensions and reward company Isio analyzed data from 10,000 companies, revealing that women’s median hourly pay in the 2023-24

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Are You Ready for the Major Employment Law Changes in 2025?
Employment Law
Are You Ready for the Major Employment Law Changes in 2025?

As we approach 2025, significant changes in employment law are on the horizon. These updates will require HR professionals and employers to make necessary adjustments to ensure compliance and support their workforce effectively. With 2024 already introducing numerous changes, 2025 is set to continue this trend, bringing additional modifications that employers must address. The new laws are designed to improve

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