Employee engagement is the top priority of respondents to HR Exchange Network’s latest State of HR survey. Obviously, employers are keen to engage employees to increase productivity and retention. However, the economic downturn and inflation is complicating matters, and Human Resources leaders are seeking new ways to reach talent. Recently, Eric Mochnacz, strategic senior HR leader and Director • Read More »
Tags: HR, Leadership, Retention
The new year is on the horizon, and everyone is predicting what 2023 HR trends to anticipate. Recently, HR Exchange Network posted a question on Terkel.io to discover what Human Resources and business leaders will be navigating, challenging, and experiencing in the year ahead. Here are the answers: Bring It with Gamification “Gamification is one of the • Read More »
Tags: HR Trends
Employee engagement and experience is at the core of what most Human Resources professionals do on a daily basis. From hiring to succession planning, HR is first and foremost focused on recruiting and retaining top talent. Keeping those talented people engaged in their work is key to achieving positive business outcomes. Recently, speakers at the 2022 HR • Read More »
First came the pandemic, which was followed by The Great Resignation and the labor shortage, and now quiet quitting. Employers are challenged to attract and retain employees among all these upheavals, keep them engaged, and maintain a psychologically safe work environment. Higher wages, hiring bonuses, increased benefits packages all sound like possible solutions. If your current retention strategy is not having • Read More »
Tags: Emotional Compensation, Retention
By all accounts, the United States is likely heading into a recession. Already, the country experienced two consecutive quarters of declining gross domestic product (GDP), which is a red flag. Other signs include inflation, the cooling down of venture capitalist’s investment, a declining stock market, and varying interest rates. However, a strong job market persists, which • Read More »
Tags: Employee Engagement, Recession
Many young employees from Gen Z are taking to TikTok to express their frustration about the workplace and profess their practice of quiet quitting. Essentially, they are remaining at their jobs and still receiving paychecks and benefits, but they are sticking strictly to their the job descriptions and maintaining precise schedules. On social media, some • Read More »
Tags: Employee Experience, Gen Z, Quiet Quitting
The United States, like some other countries around the world, including the United Kingdom and China, are facing an inflation crisis in this post-pandemic era. Inflation has great influence on Human Resources because it can cause the need for wage stagnation and budget cuts. The biggest disappointment during times of high inflation is the possibility • Read More »
Tags: Budget Cuts, Layoffs
U.S. President Joe Biden recently laid out his plans to combat inflation and the high cost of living. The average family is spending an additional $327 per month compared to pre-pandemic costs, according to a CNN broadcast May 10. At the time, the national average price of gas was $4.37. While the Federal Reserve can • Read More »
Tags: Cost of Living, Inflation
Companies spend a large amount of time and money creating valuable benefits plans for employees. But after all that work, they often get low participation. Good benefit choices require an effort from employers to ensure that employees have help in understanding their benefits options. To make things even more complex, employers are having to consider • Read More »
Today’s offices potentially span five full generations ranging from Generation Z to the Silent Generation. A coworker could just as easily be raised with a smart phone in hand as they could have used a typewriter at their first job. Some see differences between generational colleagues as an annoyance (“kids these days!”) and many rely • Read More »