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
Inclusion is a critical component of any successful workplace. It allows individuals to feel valued and respected, and promotes a sense of belonging. Unfortunately, employers often underestimate the number of employees with disabilities, leading to a lack of accommodations and support. In this article, we will explore the prevalence of disabilities among employees, the importance of inclusion, and strategies to
Co-employment is a common arrangement in which two or more parties share employment responsibilities and liabilities for a particular worker or group of workers. This arrangement has become increasingly prevalent in recent years, especially with the rise of professional employer organizations (PEOs) providing administrative support to businesses, including employee benefits, tax compliance, and workers’ compensation administration. While co-employment can benefit
One of the biggest challenges that businesses face is keeping their employees engaged and satisfied with their jobs. Employee turnover can be costly, and companies that fail to retain their top talent may find themselves struggling to maintain productivity and profitability. In this article, we will explore some of the best strategies for improving employee retention and reducing turnover costs.
Discrimination has long been a problem in the workplace, but with changing times, the nature of discrimination has also changed. Research and legal experts have pointed out a new wave of discrimination at work based on weight, height, and level of attractiveness. According to them, these factors have become the latest targets of workplace bullying, and employees are increasingly facing
The COVID-19 pandemic has had a profound impact on global economies and workforces. As businesses, governments, and individuals strive to recover from the crisis, workers in the UK are pushing for better wages to sustain their lifestyles amidst the cost of living crisis. In this article, we will discuss the increase in UK workers’ expectations for a pay rise in
The past two years have seen a massive shift in the world of work, with many companies embracing remote and hybrid work arrangements. While this has provided greater flexibility and work-life balance for many, it is clear that it is not always rainbows and butterflies. A recent survey has shed some light on the challenges facing workers in these arrangements
Organizations worldwide are experiencing resource constraints and volatility, particularly as the threat of an economic downturn looms. However, companies that have invested in digital transformation have been able to remain resilient during uncertain times. Investing in employee digital dexterity has indisputable value for organizations that want to overcome these challenges and be prepared for the next phase of digital transformation.
The modern-day workforce is constantly evolving with societal and technological changes. In this ever-changing landscape, employees must continually improve their skills and knowledge to remain competitive in their respective fields. Hence, professional development has become a crucial part of most companies’ human resource strategies. In this article, we explore the benefits of professional development programs for employees and employers and
In the world of business, workforce management software has emerged as one of the most critical components in ensuring optimal productivity and employee accountability. With the incorporation of advanced analytics and AI capabilities, managers can forecast staffing levels to better optimize their staff requirements. In recent times, the COVID-19 pandemic has disrupted traditional work models, with remote work becoming a
Job satisfaction is a crucial component of overall employee well-being. A satisfied workforce can lead to greater productivity, employee retention, and a positive work environment. Unfortunately, low job satisfaction can lead to decreased motivation, burnout, and high employee turnover. It is therefore crucial for employers to prioritize job satisfaction and take necessary steps to improve it. In this article, we
