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Skills development has become a critical component for both employers and employees in the modern labor market. D2L’s latest report, “Invest, Upskill, Excel,” sheds light on the increasing recognition of the importance of upskilling while also revealing significant challenges that both sides of the employment equation face in pursuing skills development. The Current State of […]
Medical care is very personal, and so are the expenses that go along with it. Many eligible individuals choose to manage their medical care costs with a health savings account (HSA). According to the Consumer Financial Protection Bureau, there were approximately 36 million HSAs active in 2023, and these accounts collectively held more than $116 […]
In today’s competitive job market, traditional resumes often fall short in capturing the full breadth of a candidate’s skills and potential. HR leaders are increasingly turning to innovative assessment methods to gain a deeper understanding of applicants. In this week’s HR Query, we chat with Jake Canull, Regional Director Americas at Top Employers Institute, a […]
As Baby Boomers continue to reach retirement age at a breakneck pace and the American economy continues to expand and add jobs, there’s growing concern over skills gaps and labor shortages. What’s helping to mitigate this demographic trend is the increased willingness of older workers to stay in the workforce in one capacity or another. […]
It’s a fact that more inclusive organizations can be more successful. Inclusive teams exhibit a 35% productivity boost over non-inclusive teams. Moreover, inclusive companies are 1.7 times more likely to be innovative and generate 2.3 times more cash flow per employee, according to Josh Bersin. So why wouldn’t you want to promote increased inclusivity throughout […]
For six weeks in the fall of 2023, the United Auto Workers (UAW) went on strike. The Big Three automakers—General Motors, Ford, and Stellantis, the parent company of Jeep and Chrysler—were the targets. The auto industry makes up about three percent of the nation’s gross domestic product (GDP), and UAW workers produce nearly half of […]
With SHRM’s announcement that it was changing its use of the acronym DEI (diversity, equity, and inclusion) to I&D (inclusion and diversity) recently, along with some major companies publicly pulling back on their I&D efforts, some might feel that these efforts are no longer valued or important. That’s far from the case. Over the past […]
Regardless of personal politics, this summer’s unplanned transition of the democratic nominee from Joe Biden to Kamala Harris has been a critical reminder of the need for CEO succession planning. The rapid transition from Biden to Harris, coupled with the immense pressure CEOs are under due to changing market conditions, has led to discussions among […]
Virtually every employee is familiar with the process of applying to jobs and interviewing for those jobs directly with an employer. A smaller subset of workers have also had experience working with third-party recruitment agencies that help facilitate the process. Typically, these third-party recruitment agencies work on behalf of, and are paid by, the employer. […]
Jayson Johnson’s career took an unexpected turn when he decided to trade in his fundraising hat for a role in talent acquisition at Genentech. Driven by a desire to make a significant impact in the tech industry, he was drawn to the company’s commitment to scientific innovation and its people. “As a fundraiser, I had […]