The American workplace has gone through extreme changes due to the pandemic. The crisis caused millions of individuals to rethink their careers and lifestyles. Social interaction has become a major concern for workers, as the pandemic led to social distancing and remote work. Here’s a look at job candidate expectations that recruiters should include in […]
Hiring the right talent for your business is crucial to its long-term success. The key is to hire skilled and knowledgeable people who want to work for your company. Here are seven important steps for the selection process when filling open job positions. 1. Make job applications easily available Before you allow job candidates to […]
U.S. companies are expected to increase staff salaries in 2023 amid various unfavorable economic conditions, according to the July Salary Budget Planning Report by WTW. They’re budgeting for this under the pressure of low labor supply and the pay expectations of employees coping with a higher cost of living. Between April and May earlier this […]
After increasing by 1.3% in June, the urban Consumer Price Index (CPI) remained unchanged in July on seasonal adjustment, according to a press release by the U.S. Bureau of Labor Statistics (BLS). An indicator of spending patterns for city consumers and workers, the all-item index soared 8.5% over the last 12 months before seasonal adjustment. […]
Employers must regularly evaluate employee performance to ensure all team members are helping the company. The weakest link can bring down productivity and morale. Setting work-at-home policies help unify a remote team. It’s important to have a plan to boost employee performance to avoid employee burnout and declining profits. Annual Employee Performance Evaluation It’s common […]
A business can win the hearts of loyal customers more easily if it demonstrates a sense of people’s experience. The more a company emphasizes the importance of people in its mission, the better reputation it builds with customers. Here’s a look at key aspects your HR department should know about employee treatment. Explanation of People’s […]
The concept of diversity, equity, and inclusion (DE&I) is seeping into the fabric of the modern business. This set of objectives is a key to defining organizations as socially responsible. Here’s how DE&I as executive compensation is revolutionizing corporate culture. DE&I Compared with ESG DE&I incentive programs are built on the long-term pay incentive model […]
Since change has become the norm in business this century, change management for HR is a significant area of concern. Any time a business makes a noticeable change, it risks alienating its followers. Yet failing to plan for change is like planning for stagnancy. Your HR department needs to take steps to prepare for and […]
Workers for private companies in the Los Angeles Metropolitan Area saw wage increases for a 12-month period ending March 2022. This increase was reported by the Bureau of Labor Statistics (BLS), a division of the U.S. Department of Labor. The 5.2 percent compensation gain overshadows the previous year’s report of a 4.2 percent increase in […]
Schools are facing a metamorphosis in the fallout of the pandemic involving teacher pay. Innovative schools have led the way toward a new faculty compensation model. Here’s a look at how Graland Country Day School in Denver, Colorado, has pioneered a new model that improves the education system for teachers and students. Need to Update […]