Practical HR Tips, News & Advice. Updated Daily.
In an inflationary environment with limited labor supply, many small and midsize employers simply can’t afford to keep salaries and bonuses in step with their larger competitors for talent. Indeed, even major corporations may struggle to keep payroll costs down while recruiting and retaining top talent. Companies across a variety of industries are being forced […]
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 […]
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 […]
Most businesses appreciate the need to market the goods and services they offer to consumers, but far fewer have embraced the idea of marketing a company’s employer brand to potential job seekers, also known as recruitment marketing. Recruitment marketing uses the same basic methodology as traditional marketing but focuses instead on hiring goals. Instead of […]
The corporate pursuit of greater diversity, equity, and inclusion (DEI) is a people-focused pursuit. So many of the DEI leaders we’ve spoken with over the course of our ongoing series are truly people people. They thrive on growing and developing talent, building communities, and fostering inclusion. But corporate-level DEI also often requires an analytical touch. […]
Job interviews can really make people feel like they’re out of their natural element. Pre-COVID, job interviews typically meant meeting with a hiring manager in person, trying to find an unfamiliar office, perhaps dressing up more than usual, etc. But during the pandemic, huge numbers of job interviews switched to a virtual format. Instead of […]
Keeping track of the growing list of C-suite positions can be challenging for casual observers. Even the most-well-known CEO title is just over 100 years old. The first chief financial officers (CFOs) didn’t emerge until the 1960s. Chief human resource officers (CHROs) are even more recent, not coming onto the scene until the mid-1980s. A […]
The global economy is incredibly dynamic, meaning that technologies, strategies, and mindsets that are successful today may be less successful or even counterproductive in the near future. Today’s economy is also highly driven by human talent as one of the most important assets an organization possesses. Combined, these two features of the modern economy mean […]
We often note the circuitous and fortuitous paths that lead many of the subjects in our series on diversity leaders to their careers. So many start out far from any kind of diversity, equity, and inclusion (DEI) work and find their DEI calling after years spent in marketing, sales, or some other corporate function. LaTanya Flix, […]
Some organizations believe there are at least two possible approaches to ensuring staff have the right skills: A company can either hire people with the skills the organization needs or train current employees on those skills. Many companies, buying into the idea of these two options, believe it’s less hassle to simply rely on recruitment. […]