Engaged Workforce

Agile and social models are changing performance management, rewards, coaching, goal-setting and development. How you engage with your workforce will directly correlate with how to maximize the productivity of employees whilst giving the best possible opportunities for development.

What Drives Engagement?

Employee Experience

Two HR leaders share their innovative strategies that have resulted in industry-leading employee engagement rates.

By Marta Chmielowicz

What motivates talented employees to stay at a company? The answer is complex and multi-dimensional, and often includes factors like opportunities for growth, work with a greater purpose, consistent feedback and recognition, and a schedule that fits their lifestyle. But underlying these elements of a positive work experience is a culture that promotes high employee engagement.

Continue reading →

No Slowing Down

HR Services

A sector-by-sector review of the HR services market.

By Gary Bragar

NelsonHall’s global business process services (BPS) market forecast reveals that the overall HR services market will grow by 5.8 percent in 2018. Growth is being driven across all HR service and technology markets as more organizations look to leverage HR partnerships and HR platforms with the goal of enabling digital transformation and a high-performance operating model. NelsonHall research analyzes the performance of the HR sector in 2018 and offers predictions of what is to come in 2019.

Continue reading →

A Positive Outlook

HRO Today WCI

Worker confidence remains high despite a volatile market.

By Larry Basinait

The Worker Confidence Index (WCI) for the third quarter of 2018 increased by 3.1 points and, at 107.4, is now at its highest level since the first quarter of 2017. All four indices of worker confidence were on the rise this quarter, with likelihood of promotion jumping the most, up to 113.7. The likelihood of a raise and trust in company leadership indices also increased for the quarter by about 3 points.

Continue reading →

Complications in Crossing Borders

Immigration

Recent immigration regulations are creating new challenges for companies who rely on global talent.

By Marta Chmielowicz

Recent changes in U.S. immigration policy are creating roadblocks for American businesses and their employees—especially those who rely on global talent. According to Envoy Global Inc.’s 2017 Immigration Trends Report, globalization in the business world is on the rise. In fact, 55 percent of employers expected to hire more workers from overseas in 2017, up from 34 percent in the year prior. In addition, 63 percent of HR leaders claimed that hiring international employees is very or extremely important to their talent acquisition strategy—a significant leap from 42 percent in 2016.

Continue reading →

Talent Optimization

Talent Management

Five steps to accelerate the talent management process.

By Emily He

The most vital asset of any business is its people. While some companies focus their efforts on the adoption of the latest technologies, it’s important to remember that technology paired with human expertise is what delivers the biggest benefits.

Continue reading →

Blazing New Trails

Millennials

What drives millennials to seek new opportunities?

By Jackie Olson

Today’s young professionals looking to further their careers are reaping the benefits of a robust job market, allowing them to identify opportunities based on a range of features besides compensation. In fact, Merrill Corporation recently conducted a survey of junior associates working in the financial services industry to find out what factors are driving them to choose a new role. The survey sought input into why they chose their career and employer, job satisfaction levels, future career aspirations, and their views on the overarching capital markets industry. The results offer insight into what this future generation of industry leaders are looking for right now—in the early stages of their careers—from employers, direct managers, and perhaps most importantly, from themselves.

Continue reading →

Global Unemployment Near Record Low

Global Economy

North America and APAC continue to show strong economic growth.

By Larry Basinait

Deploying a global workforce and ensuring access to the best talent is a crucial component of success for many enterprises. Global labor market data is an invaluable tool for multinational HR departments and can be used to inform critical decisions around the best countries and regions in which to grow. PeopleScout, a global provider of RPO, MSP, and total workforce solutions, has partnered with HRO Today to produce quarterly reports that compile current international labor market figures, including measures such as national Gross Domestic Product (GDP), unemployment rates, and important trends from the world’s leading economies by country and region. This data reveals actionable information about the quality and availability of the talent pool, working conditions, and recruitment opportunities.

Continue reading →

C-TEN Insights: Diverse by Design

Diversity

Leading D&I for a minority majority company, SVP of HR and D&I Jacqueline Welch reveals strategies that drive results.

By Debbie Bolla

Industry research shows that diversity and inclusion (D&I) efforts can provide organizations with a competitive edge: McKinsey reports that the most ethnically diverse companies are 35 percent more likely to outperform their counterparts and Bersin by Deloitte research finds that inclusive companies are 1.7 times more likely to be innovative leaders in their fields. Jacqueline Welch knows this—and more. As senior vice president of human resources and diversity and inclusion and chief diversity officer at Freddie Mac, she has made D&I a real priority for the organization. Here, she shares how to increase, communicate, and measure D&I efforts.

Continue reading →

Culture by Design

HRO Today October

CHRO Kevin Silva has built a human capital blueprint that provides a sense of inclusion, purpose, and opportunities to grow. The result? A 95 percent retention rate of accelerated talent.

By Debbie Bolla

Research from LinkedIn finds that today’s workers feel most engaged when they are challenged and personally connected to their work. Voya Financial is one organization that is providing that type of environment. CHRO Kevin Silva has helped build a culture that is based on the philosophy that the sum of all the parts is stronger than the individual parts. In fact, the phrase “we are the we” is one of the organization’s corporate values.

Continue reading →