In our first post in this risk management series, we noted how few HR organizations address people-related risks. According to consultancy group EY, “HR risks continue to be absent from the risk management framework. Only 36% of [survey] respondents indicated HR risks are included as part of the risk management framework.” In our next post in[…]
Talent shortages are likely to reach critical levels over the next decade. Analysts at the Korn Ferry Institute predict that the global talent shortage could hit 85.2 million people by 2030. Consultancy firm Gartner agrees: its 2018 Emerging Risks Survey found that a talent shortage is an employers’ most commonly cited risk. The hardest hit industries include financial[…]
Operational efficiency is critical to business effectiveness. Market research firm IDC says that companies can lose as much as 30% in revenue annually due to inefficiencies. Thankfully, Human Resources can play a prominent role in driving greater efficiencies. Strategic outsourcing can help even more. According to consultancy firm The Hackett Group’s research report, “Forging a[…]
In many organizations, individual departments operate independently of each other. Where there should be alignment and collaboration, instead silence or even fiction can fester. This “silo mentality” can inhibit the company’s ability to achieve business objectives and lead to self-defeating internal strife. The Human Resources department can play a pivotal role in bridging inter-departmental gaps.[…]
The decision to outsource all or part of an organization’s HR work can be difficult to make. Many business owners and executives are understandably leery of whether the investment in an HR vendor or professional employer organization (PEO) will really pay dividends. That said, HR outsourcing can be an incredibly powerful tool for boosting business[…]
Internships can be surprisingly expensive for employers. “An internship can, and hopefully will, benefit the company that uses such a program. For example, internships may provide a pool of potential new hires for the company, serve as a source of inexpensive labor, foster a positive public image, and build beneficial relationships with local communities and[…]
Focusing on Growth and Value Over the past several years, the Professional Employer Organization (PEO) industry has focused intensively on value generation. That’s what employers want; for example, 80% of employers indicate that their recruitment strategy should emphasize value creation over cost savings. Four out of five recruiters are aiming for their work to have[…]
Pew Research Center defines Generation Z as anyone born in or after 1997. That means this generation is just now beginning to enter the workforce, with more to come as college-bound Gen Zers begin to graduate. What do employers need to know as members of this generation come knocking? 1: They are not just digital[…]
Age discrimination is more common than most people probably realize, with reported instances likely dwarfed by incidents no one ever hears about. Acting EEOC chair Victoria Lipnic says, “Like harassment, everyone knows it happens every day to workers in all kinds of jobs, but few speak up. It’s an open secret.” It’s also against the law.[…]
Not every safety hazard is obvious. Many workplace injuries and health-related problems can sneak up on employers and employees alike. In turn, these hidden hazards can lead to further injury, lost productivity, and other serious accidents. Here are five “invisible” safety risks every workplace should consider. 1: Posture and repetitive strain Resume and job posting[…]
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