Have you reevaluated your employee benefits package since social distancing was implemented? It’s likely that your pre-pandemic perks, plans, and promises won’t hold up after COVID-19 passes. You’ll need new, creative benefits to retain talented employees and snag new superstars.
Companies worldwide spend huge sums of money on training and developing employees. In the United States alone, companies spent over $83 billion on employee training in 2019.
There’s an interesting ebb and flow that takes place in training circles as organizations are affected by economic impacts that place them in either an employer- or employee-driven labor market.
Employee training should not be a static approach to development. The skills and knowledge that might have helped a company thrive 20 years ago may be completely obsolete today or in a few years. For this reason, training has to be malleable and driven by the dynamic nature of the company, the industry, the market, […]
Connecticut’s minimum wage will increase on October 1 as the state begins a series of hikes that will eventually make the state’s minimum $15 an hour.
The historically low unemployment of recent years has drawn attention to what many employers woefully refer to as the “skills gap,” which is the idea that even though there are applicants for an open position, there aren’t enough applicants who meet the qualifications.
The Championing Apprenticeships for New Careers and Employees (CHANCE) in Tech Act—or H.R. 3174—was reintroduced via bipartisan efforts this year after originally being introduced in 2017. Here are two things you need to know about it if you’re a learning and development (L&D) or an HR professional.
Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter).
There may be more jobs available today than there are applicants to fill them. This is a frustrating scenario for employers. Organizations trying to grow, or even simply keep up with current demand, are finding it more and more difficult to keep employees, and they’re finding it’s more and more difficult to find new employees […]
Research conducted by the World Health Organization shows that the U.S. economy loses around $1 trillion per year in lost productivity due to mental health disorders and illnesses. Another study by Mental Health America saw correlation among workplace environments, employee satisfaction rates, and mental health.