Practical HR Tips, News & Advice. Updated Daily.
With the tight labor market impacting the country for the past couple of years, it’s not uncommon to see signs advertising job openings along with the starting pay and even sign-on bonuses. Despite the increased prevalence of such job ads, the reality is that there has traditionally been very little pay transparency, at least in […]
Sharell Thomas-Hodge is an accomplished HR leader with more than 20 years of experience. She got her start in retail, serving as a HR manager for Target. At the time, she was responsible for the management of all HR functions at her location and, according to Thomas-Hodge, was “instrumental in the successful opening of a […]
According to new data from Conduent, 43% of eligible employees don’t participate in a health savings account (HSA). Fifty-seven percent of those who make an HSA contribution don’t capture the full benefit, with an average contribution of less than $500, well below the annual limit of $3,650 for individuals and $7,300 for families. The underutilization of HSAs […]
The combined forces of a tight labor market and high inflation have really pinched a great deal of American businesses trying to recruit and retain top-tier talent. Of course, companies can’t simply keep throwing money at the problem and trying to outbid the competition. It’s simply unaffordable. Instead, evidence suggests that employers need to reshape […]
Inflation, supply chain destabilization, and fears of a global recession have made many Americans worse off financially than they’ve ever been. More than two-thirds of Americans are worse off financially today than they were a year ago, according to a recent study conducted by Salary Finance, and almost one-third run out of money at least […]
Unemployment rates are steadily dropping as more of the employees who previously changed jobs settle into their new roles. Many global economists predict the market will begin to enter a soft recession in 2023, which means the job market will begin to loosen. The balance of power between employers and jobseekers will begin to even […]
It’s National Mentoring month and HR Daily Advisor is celebrating by encouraging HR professionals to become mentors to someone in their organization and/or network. National Mentoring Month was created in 2002 by Mentoring.org, a mentoring advocacy organization created more than 30 years ago, and the Harvard T.H. School of Public Health to “amplify, encourage, and […]
As HR leaders, we’re typically preoccupied with “what’s next” this time of year. What trends should we be monitoring? What new ideas are percolating below the surface? And what big ideas could transform our industry in the year ahead? And while I don’t have all the answers (no one does, really!), I do find myself […]
Although Cassandra Margolin has worked in the HR industry for nearly a decade, she didn’t find her true passion for the field until five years ago. At the time, she was working for high growth, quickly scaling, start-up tech companies. According to Margolin, her growth was slow and steady until she segued into the tech […]
It’s no longer news that companies worldwide continue to grapple with unprecedented labor shortages. Under such challenging economic conditions, it might seem wise to reduce or eliminate employee benefits as a cost-saving measure. However, that’s merely a short-term “fix” that will lead to a long-term talent shortage as top candidates seek employment elsewhere. Unfortunately, the […]