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Diversity, equity, and inclusion (DEI) issues were once an afterthought for most companies. But as research and data have revealed the financial upsides of investing in DEI, more and more companies are doing just that. Yet many still view DEI through the primary lens of race and gender. And while these certainly are important aspects, […]
Since November 1, 2022, New York City employers have been required to include pay ranges in job postings. The new citywide pay transparency rules have reignited a national conversation around whether such legislation truly helps companies keep and attract talent. While pay transparency laws will also go into effect in Colorado, California, and Washington state […]
HR professionals have never been more stressed out. Over the past 3 years, the HR department has had to lead through uncertain times with little to no break in the ever-changing work environment. Before 2020, HR pros were expected to mediate conflict between employees and employers and spearhead all hiring efforts, all while handling miscellaneous […]
The Great Resignation is a problem for many companies going into 2023. Businesses are facing high employee turnover and low staffing, and it is driving them to reevaluate how they attract and keep workers. Today, over a third of employees are looking for new jobs. The question: How can companies entice these workers to join […]
Companies spend a lot of money on employee training. American companies spend over $90 billion annually on employee training. The average cost for training and development per employee is around $1,250, but there are, of course, huge variations depending on role, company and industry. When turnover is high, as is increasingly the case across many […]
Diversity in the workplace, or the lack thereof, has been a hot topic for decades. While a lot of progress has been made in the last three years, a looming recession has many companies bending to budget constraints – ultimately, stalling diversity, equity, inclusion, and belonging programs in 2022. 2023 without a doubt will […]
For any organization, a smaller, more dedicated workforce is preferable to a larger, less engaged one. But CEOs still find it challenging to motivate their employees to perform at their best. As a business leader, you are responsible for creating and maintaining a healthy and productive work environment for your employees. But how do you […]
It’s been a stressful time for U.S. workers, with significant layoffs being announced at high profile tech companies including Twitter, Meta, and Amazon. According to experts, losing a job is not only one of the most emotionally traumatic experiences a person can go through, but also affects those who are not laid off in downsizing […]
What do Twitter, Amazon, and Facebook parent company Meta have in common? Well, besides the obvious fact that they’re all major tech companies, all three firms have recently announced significant employee layoffs. Massive Layoffs Strike Big Tech Meta, which also owns WhatsApp and Instagram, announced the layoff of over 11,000 employees in early November. Following […]
Some industries are always prone to more turnover than others. For an extreme example, consider a seasonal business catering to tourists and employing minimum wage-earning high-school or college students compared with a tenured professor. But within these relatively monolithic categories and notwithstanding general rules that stand the test of time, there are always variations brought […]