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Burnout is the state of mental exhaustion caused by prolonged stress and can manifest both physically and mentally, with symptoms like insomnia, irritability, fatigue, and a general lack of motivation. Burnout is increasingly prevalent in workplaces, leading to heightened absenteeism, a trend of “quiet quitting,” and employee turnover. Its repercussions can have significant economic impacts. […]
Businesses often face the challenge of attracting and retaining star employees. It can be tempting to offer star employees ownership in the business to prevent the hardship of losing star employees after investing time, money, and resources into training and onboarding. The main drawback of offering ownership is potentially relinquishing some control in the business. […]
With ransomware attacks up by more than 150% in the first half of 2021, there seems to be no limit to the methods criminal hackers will use to deploy ransomware or otherwise cause cyber mayhem. Their latest trick: hiring your employees and vendors to help them. Employees Tempted with a Cut of the Haul Hackers […]
State laws barring stop-loss policies with low attachment points are not preempted by ERISA, the U.S. Department of Labor said in Technical Release 2014-01. Ten states have passed such laws, many of them since the advent of the Affordable Care Act. When small groups self-insure, they are subject to proportionately larger impacts from particular expensive claims, have […]
The holiday shopping season may look a little different this year, especially as consumers make more purchases online during the COVID-19 pandemic. In response to the annual influx of orders, employers may hire seasonal workers to assist.
As schools across the nation begin preparing students for final exams, employers are preparing for their entry into the workforce. According to one outlook, job opportunities could increase around 5% this year and the teen participation rate could rise as well.
With a record number of job openings and limited labor, employers may look to fill roles with new talent even though they have in-house talent primed for promotion. When workers excel, managers may feel the need to keep them in their current roles, even if they are qualified for a new role. In doing so, […]
Figures from the most recent census show that minorities account for almost a third of the U.S. workforce, 10% of workers are age 55 or over, and almost half the workforce are women. In the future, the U.S. Bureau of Labor Statistics projects that minorities will approach 50% of the American workforce, and the number […]
Why would you install a 90-inch big-screen TV on your plant floor? Won’t workers just tune in to Sports Center or talk shows and be distracted? No, according to a company that says more media in the factory actually increases collaboration, engagement, and production performance.
With $1.5 trillion in student debt, today’s workforce of Millennials and Gen Z is no longer perfecting skills in the traditional classroom—so where do employers look to find their next accomplished talent?