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Companies overestimate their employees’ trust. That’s bad for business, PwC says.
“The risk is not that people leave — it’s that they stay and work half-heartedly,” according to the firm’s report. Published March 18, 2024 Kathryn Mood Senior Editor While trust remains key to a company’s bottom line, executives “continue to overestimate” just how much their employees trust them — a gap that has only grown in…
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Fewer job posts contain educational requirements so far in 2024, Indeed says
While fewer job posts include degree requirements, these changes don’t necessarily reflect a shift in actual hires, other studies have shown. Published Feb. 29, 2024 By Carolyn Crist Formal education requirements are gradually disappearing from job postings, according to a Feb. 27 report from Indeed’s Hiring Lab. As of January 2024, 52% of U.S. job postings on Indeed…
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Employees cite lack of productivity, high commuting costs as return-to-office barriers
While 73% of respondents reported that they feel more connected to their company when they are in the office with their colleagues, 76% said a lack of equipment limits their productivity. Published March 20, 2024 Joe BurnsReporter Hybrid workers spend $51 a day on average when they go into the office and 61% of workers spend between 30 and…
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Want happier employees? Create a community, business scholars say
Pay is great, but simple measures like showing kindness and recognizing workers go a long way, too, speakers said at a recent Academy of Management event. Published March 21, 2024 Ryan GoldenSenior Reporter Amid a downward trend in U.S. employee engagement, organizations must reshape their people management approach to more directly address employee happiness, panelists…
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Building a coaching culture: Part one
How do you know if your organization has a coaching culture – or not? Does your organisation have a coaching culture and if so, what are the signifiers of this? A coaching culture is defined as one where coaching is the predominant style of managing and working together, and where commitment to improving the organisation is embedded in…
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Why we need to rethink the meaning of talent
In the context of evolving employee expectations and evolving language, talent development and pathways need to recognise and value individual differences. How can we ensure that we are identifying, nurturing and developing talent for the benefit of all? For many years now we have been talking about talent – whether that be recruiting, managing or…
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Soft skills lead to faster promotions, LinkedIn data shows
For talent professionals, this means upskilling initiatives and the hiring process should include a focus on soft skills. Published March 5, 2024 By Carolyn Crist Workers with soft skills — such as problem-solving, decision-making and good communication abilities — get promoted faster than those who don’t have the skills, according to a Feb. 29 report from LinkedIn. Based…
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One-third of companies bracing for higher employee turnover
Published March 11, 2024 Sponsored content By Express Employment Professionals Thirty-three percent of U.S. hiring managers anticipate employee turnover at their company to increase in the next year, costing an average of $36,295 (e.g., cost to rehire, lost productivity) annually. Significantly, more than 20% of hiring managers say that number climbs to $100,000 or higher. This…
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How to Calculate Employee Turnover Rate
Written by Erik van Vulpen In the community of our AIHR Academy, we’ve had a few discussions about how to calculate employee turnover. In the people analytics space, employee turnover is arguably the most-discussed metric. However, calculating turnover is much trickier than it seems. In this article, we will propose a best practice for measuring employee turnover.…
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Building a talent pipeline is a top priority for 2024, report finds
Referral programs and internal mobility can help with the process, Symphony Talent said. Published Feb. 16, 2024 By Carolyn Crist For 48% of organizations, building a talent pipeline is their top priority for 2024, according to a Feb. 14 report from Symphony Talent, a talent acquisition platform. However, 68% said they find it challenging to reach the right…
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