Hiring the right employees is vital to the success of any business. However, the process of attracting and selecting the best candidates can be time-consuming and expensive. As a result, some employers may resort to advertising fake job positions as a shortcut to save time and money. Although this may seem like a savvy business move, this approach can have
The COVID-19 pandemic has drastically impacted the global economy, leaving many companies struggling with financial instability. As a result, businesses have had to make tough decisions to reduce costs, including laying off employees. In Q1 2021, U.S.-based companies have cut more than 270,000 jobs, a nearly 400% increase year-over-year. In this article, we will explore the impact of the increase
The US labor force has undergone significant changes in recent years, with many Americans leaving or not entering the workforce altogether. While some may assume that this trend is solely due to unemployment or a lack of job opportunities, there are a variety of factors contributing to this phenomenon. In this article, we will explore the reasons why Americans are
In today’s highly competitive job market, retaining top talent is critical to the success of any organization. A high employee turnover rate not only affects the bottom line but can also hurt morale and productivity. If companies fail to retain their best employees, they risk losing valuable company knowledge and wasting resources on hiring and training new staff. To remain
Gone are the days when merely receiving a paycheck was the sole determinant of whether an employee was satisfied with their job. Today, companies must offer more than just a salary or wages to retain top talent and keep them motivated. They must have an effective total rewards package that includes generous benefits, paid time off, career development opportunities, mental
Artificial Intelligence has been the subject of many debates and discussions related to the future of work and its impact on various industries, including talent management. In the HR industry, the use of AI has been on the rise, with both narrow and generative AI being used for various applications. However, it is crucial to understand the differences between these
The PUMP Act, which stands for the Protecting the Right to Organize (PRO) Act’s Update to the Fair Labor Standards Act (FLSA), was signed into law on December 27, 2020. The law expanded the break time requirements for employers to provide nursing employees with reasonable break times to pump breast milk. The Department of Labor (DOL) recently released new guidance
In July 2015, a young woman was on her way to a training class for her internship when she was injured in a motor vehicle accident. The question of whether she was an employee or not came into dispute. Recently, the Workers’ Compensation Appeals Board of California found that the woman, who was seeking workers’ compensation benefits for her injuries,
The strength of the American economy is undeniable. In fact, it has been so strong that employers have been struggling to find enough workers to staff their operations. The high demand for goods and labor has been met with limited supply, creating a unique set of challenges for businesses and policymakers. One way in which the U.S. Federal Reserve Bank
Employee recognition programs are crucial for the success of any organization. Recognizing and appreciating employees’ efforts can help to keep them motivated, engaged, and productive. Employee recognition can come in many different forms, such as awards, bonuses, promotions, or public recognition. With the growing use of social media in our daily lives, companies can now use these platforms to instill
In a world where success and productivity are often glorified and celebrated, it’s easy to fall into the trap of toxic productivity. In short, toxic productivity is driven by the belief that being busy, working hard, and constantly grinding will lead to success and happiness. However, as the saying goes, “all work and no play makes Jack a dull boy.”
For recruiters, few things are as important as retaining top-performing employees. High employee retention rates lead to considerable savings in terms of time and money spent on recruiting and training new employees. Retained employees are more likely to recommend the organization to their friends, peers, and former colleagues. Moreover, high retention rates create a positive brand image, which can give
