Practical HR Tips, News & Advice. Updated Daily.
New research by Deloitte Consulting LLP’s Bersin shows that people analytics, the use of employee data to help optimize business and management decisions, is strongly related to improved talent outcomes and an organization’s profitability. In fact, high-maturity organizations, or those using people analytics in a sophisticated and insightful way, report 82% higher 3-year average profit […]
As the old saying goes, “The only thing that is constant is change.” Thanks especially to technology advancements—from cloud computing, mobility, big data, and now, artificial intelligence—each technology brings different challenges and opportunities for every organization. In fact, with worldwide IT spending expected to total $3.5 trillion by the end of this year, organizations are […]
The number of health savings accounts (HSAs) surpassed 21 million, holding about $42.7 billion in assets, according to a research report by Devenir. The investment advisor firm noted that represents a year-over-year increase between June 30, 2016 and June 30, 2017, of 23% for HSA assets and 16% for the accounts.
Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. But despite an average funded percentage of 81%, these plans still face significant pressures, with many on track to require assistance in the future […]
Today we are joined by Derek Irvine, the VP of Client Strategy and Consulting at Globoforce, who is answering questions about a recent research report that they released entitled Bringing More Humanity to Recognition, Performance and Life at Work. Let’s jump right in.
The idea of replacing the formal employee review with a 2.0 version has been a growing consensus in HR over the past few years. While most companies still have an employee review process, it’s true that traditional annual reviews have long been on life support.
With the constant flow of sexual harassment allegations that have burgeoned out of the Harvey Weinstein scandal, it’s time to ask ourselves two important questions: How pervasive is sexual harassment, and who are the victims?
Randomly pick any book on business leadership styles at a bookstore, and chances are it will sing praises of the democratic, all-inclusive leadership style. Coercion, dictatorship, and autocracy are bad, it will claim. Now think about some business leaders that have had the maximum impact on the world in recent years. Do Steve Jobs, Elon […]
What can you do to make sure your hiring plan is solid? How do you fill in the missing gaps? Today we’ll look at workforce analysis.
If you follow the latest retirement news, it seems the sky is falling. The savings picture for Americans looks bleak. We don’t want to minimize the problems; they really do exist. But, the way things play out for individuals can look very different than how they appear based purely on ratios, projections and estimates.