Practical HR Tips, News & Advice. Updated Daily.
Two macroeconomic factors have the potential to wreak havoc on training: a tight labor market and rapidly rising interest rates. The former has been making it difficult for employers to recruit and retain qualified talent, while the latter portends a drop in consumer spending and, therefore, corporate revenue and training budgets. In this environment, employers […]
Two macroeconomic factors have recently been on employers’ minds: interest rates and the labor market. While these two issues may at first seem to have little, if any, connection to one another, they are actually quite closely linked. For example, in a recent article for Fortune, Christopher Rugaber and the Associated Press write, “America’s employers […]
A recent decision by the U.S. 5th Circuit Court of Appeals—which covers Louisiana, Mississippi, and Texas—discussed a scenario in which an employer moved fairly slowly in engaging in the interactive process and providing reasonable accommodations. Let’s see what happened.
by Brian Smeenk Suppose you want to change an important term of your Canadian employee’s employment contract, such as the bonus plan, future salary adjustments or the termination package. Can you do it without the employee’s agreement? If so, how? Western Inventory Service Ltd. recently found out the hard way that it couldn’t unilaterally alter […]
Does your Chief Executive Officer (CEO) display these characteristics: inability to empathize, superficiality, and insincerity? If so, chances are your CEO is Christian Bale’s character from American Psycho. No, your CEO is not a serial killer, but these types of characteristics are synonymous with those of being a psychopath—and according to new research, one in […]
As the United States emerged from the deepest depths of the COVID-19 pandemic, a new crisis began to emerge and grab headlines: a supply chain in shambles. An already strained labor market has been made worse by early retirements and illnesses related to the pandemic. Companies unable to staff their operations have demonstrated the downside […]
With a tight job market, many employers are finding it more and more difficult to hire top talent. There are fewer job applicants for the average vacancy. There’s a greater likelihood that the ideal candidate will have multiple offers to choose from.
While the stress of the holiday season has passed, many frontline workers still face challenging situations during each shift—and it’s getting worse. A recent survey found that 70% of frontline workers think customers have become more hostile, with more than half (59%) experiencing conflicts daily. Despite the uptick in hostile situations, more than a third […]
When traveling abroad for work and sitting at a meal with your foreign colleagues, don’t order first. That’s the advice that David Binkley, Senior Adviser in Strategic Talent Management at Vantage Leadership Consulting in Chicago, has anyway. During his 30 years of HR experience, David has had to keep up with a host of changes […]
Hiring professionals don’t have an easy job right now. As inflation hovers around a multidecade high, the labor market has remained remarkably robust while many companies’ balance sheets are shrinking. The competition for talent is intense, which is a particularly difficult obstacle at a time when employee turnover rates have surged. Meanwhile, HR teams are […]