Search Results for: AGING WORKFORCE

4 Ways Employers Can Clearly Define Benefits to Better Support New Parents at Work

Becoming a parent is an exciting and rewarding time. It can also be stressful, especially if you are a working parent. The different circumstances surrounding this journey are as numerous as the number of toys you are likely to accumulate before and after a baby arrives. Some people are single parents, some start families very […]

2024 Labor Market Outlook: Skills Shortages and Flexibility

Despite aggressive interest rate hikes by the U.S. Federal Reserve, the American economy continues to hum along. In addition to perplexingly resilient consumer spending, the U.S. labor market has remained tight. In September 2023, for example, U.S. job openings increased by 56,000 to 9.533 million open positions, while the number of layoffs decreased by 165,000. […]

How Businesses Can Help Solve the Childcare Crisis While Boosting Their Profitability

Businesses across the country are becoming acutely aware of the childcare challenges to their business, especially as potential impacts of the “childcare cliff” seem looming. Luckily there are a host of research-backed childcare supports, some even no to low-cost, that businesses of all sizes are implementing. These benefits have also emerged as an opportunity for […]

Best of Benefits & Compensation 2023

Benefits and compensation are an integral component of the HR space. They can directly influence retention and employee engagement, as they span the health, financial, and work/life balance spaces. According to SHRM, the top 5 benefits categories that mattered most to employees were health-related, retirement, leave, flexible working, and family-friendly benefits. So, what should HR […]

HR Trends Enabling Workplace Success in 2024

As businesses navigate the dynamic landscape of a post-pandemic world, the role of Human Resources (HR) stands at the forefront of transformative changes in the workplace. In 2024, HR practices are poised to undergo significant evolution, driven by the imperative to adapt to emerging workforce trends. From embracing transparency in compensation practices to strategically leveraging […]

Essential Benefits: How FSAs and HSAs Can Fill the Gaps in Health Coverage for Employees

Employers and HR teams want the best for employees, which is why they invest money and time into designing benefit plans that will meet the needs of workers and their dependents. However, with five different generational groups currently in the workforce – all with very unique needs – it’s becoming increasingly difficult for employers to […]

3 Priorities Top CHROs Will Propel In 2024

With 2024 in sight, CHROs are charting their strategic courses amid some fierce headwinds. “Our context has changed,” says Vishal Bhalla, MBA, MS, CPXP, SPHR, senior vice president and enterprise chief experience officer at Advocate Health. “Each of us is a little more unsettled than we were before … with all the catalysts that are impacting our lives.” […]

Best of DEI Content 2023

This year, there was not only pushback from diversity, equity, inclusion and belonging (DEIB) initiatives by some organizations, but there was also pushback from DEIB programs in various industries. Despite these setbacks, fostering an environment of DEIB is more important than ever – and the businesses that embrace these values are the ones that will thrive […]

15 Ways HR Can Protect Employee Data in the Digital Age

Keeping employee data safe is key for organizations, especially for their Human Resources (HR) departments. With many new technologies, HR professionals are in the spotlight to ensure sensitive employee information stays secure. This important job includes having strong data protection steps, following strict rules, and creating a safety-focused culture within the organization. Here are some […]

Co-Sourcing Strategic Compensation Management in Health Care: Immediate Solution, Long-Term Benefits

Much has been said about health care workforce shortages when it comes to physicians, nurses, and other providers. But equally important are the shortages the non-clinical and shared services staff face. Compensation leaders support the optimization of labor resources so clinicians, the organization, and its leaders can run at peak performance. In partnership with HR […]