Market Intelligence

Global Labor Market Report – 1Q 2020

Deploying a global workforce and ensuring access to the best talent is a crucial component enterprises – and global labor market intelligence is an invaluable tool for HR departments to learn and grow.

To truly understand unemployment rates, it is necessary to collect market information about the overall economic environment from which they derive.

The Global Labor Market Report for 1Q 2020 lays this information out for you.

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HR New Technology Report – First Quarter 2020

The rate of new technologies being developed and companies providing them is exponentially increasing each year. And despite the impact of the COVID-19 pandemic late in the first quarter, there were still 89 major announcements.

How does this compare to previous years and quarters? And what does this information, taking into account the current pandemic we know of now, mean for the human capital management (HCM) technology sector in the long run?

The Human Resources New Technology Report for Q1 2020 provides answers to these pressing questions and much more.

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Worker Confidence Index Report – First Quarter 2020

On April 23, 2020, US weekly jobless claims hit 4.4 million, the highest since 2009. Not only has involuntary job loss effected millions worldwide, it is also top of mind for those still working.

So what do these numbers mean to individuals still employed, and how will it affect worker confidence in the near and distant future? The Worker Confidence Index report, sponsored by Yoh, for First Quarter 2020 touches on this subject and more.

In the US, the impact of COVID-19 was not predominant until early March, so this content shows the shift in confidence from both before and amidst the height of the pandemic.

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Livestream: Navigating Legalized Marijuana

Livestream Date & Time: 5/20/2020 12:00PM EST

One of the most confusing social and HR issues of our time, the medical and recreational use of marijuana, has companies struggling to adopt policies that abide by federal, state, and municipal laws that are often contradictory.

Brandon Phillips, CEO of Global HR Research, one of the leading providers of pre-employment screening and workplace services, breaks down what we know, what we don’t know and what is coming next in an invaluable presentation that you do not want to miss on how to manage workforce issues and hiring policy in an attempt to help you answer the “cannabis question”.

What you’ll Learn:
1) An overview of primary issues: Drug Free Policies/Compliance Mandated Vs State Vs Federal Legislation
2) Industry Analyses: Healthcare and Transportation
3) Post-COVID-19
4) Legal, Regulatory, and Legislative Developments – current and pending

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How GDPR is Changing the Way Organizations Reward and Recognize Employees

Is sending out a “Happy Birthday” message a privacy violation in the workplace because of new data privacy laws? Read more to find out…

When we think of data privacy, we are often concerned with our personal information being sold to third-parties or being used in a less-than scrupulous way that could have a negative impact on our finances, job opportunities and more. That is why comprehensive laws, like GDPR, have been introduced in Europe as well as in other areas of the world, to protect how that data is collected, stored and shared. With new protective laws, however, can come potentially unexpected side effects that organizations should be prepared to manage.

One such affected area is your company Employee Rewards and Recognition Program. These programs inherently tap into an employee’s data because at its core, they are recognizing employees for achievements, milestones, life events and more – all of which can include information that might be deemed private under new mandates.

Don’t guess, and risk potentially hefty fines when it comes to data privacy laws and your employee rewards and recognition program; and enlist the guidance of an industry leader, Madison Performance Group, who has been prepared for and implementing solutions that will keep your program in compliance.

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Global HR Research: Cannabis Legalization Whitepaper

While marijuana is illegal under federal law, many states have followed cultural shifts and recent legislation by legalizing it for medicinal use, recreational use, or both. This has left employer drug tests harder to administer than before in these states. Yet even in some states where it is legal, the law can compel certain types of employers to take action to ensure their workplaces are drug-free.

With employer drug tests have become even harder to administer than in the past, due to virtually full employment. A total of 33 states now have comprehensive medical marijuana programs. 11 states plus the District of Columbia, have legalized the stuff for recreational usage. Employers have every reason to expect more marijuana legislation to pass in the near future.

How can workforces be managed with the rising use of legalized marijuana? Learn more by downloading the whitepaper here.

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Alexander Mann Solutions: New HR Tech Report Q4 2019

The rate of new technologies being developed and companies providing them continues to grow dramatically.  In order to track the innovation being introduced, Alexander Mann Solutions, a global provider of talent acquisition and management services, has partnered with HRO Today Magazine to produce quarterly reports that summarize activity in HR technology advancements and funding initiatives.

In the fourth quarter of 2019, we saw an increase in the number of announcements and funding for advancing technologies to support human resources. In total, there were 91 major announcements, up from 56 announced in the fourth quarter of 2018.

Further, this report contains an enlightening Q&A discussion with Jane Clark, Head of Emerging Talent Consulting. Alexander Mann Solutions. Topics covered include questions about the biggest challenges in TA, how technology addresses those challenges and what digital options there are to keep the graduate cycle moving as organizations face the impact of COVID-19.

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Technology and the Employee Experience

With Barry Morris, CEO, CapRelo

HRO Today: In recent blog posts you’ve discussed the importance of Employee Experience (EX). Why now?

Morris: With the battle over talent being more critical, EX is a crucial driver of HR value. Onboarding new employees is expensive while keeping existing employees is more cost effective. I have found that many global mobility groups see EX as a critical indicator of the ability to attract and retain top talent.

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Recognition: Understanding the Financial Models

With Alex Alaminos, CEO, Madison

Recognition programs have become a gateway to employee productivity, loyalty, engagement and retention. In fact, according to Deloitte, organizations with employee recognition programs have 31 percent less voluntary turnover. As HR considers a first- or second-generation rewards programs, a main consideration for executives should be the financial structure. Here Alex Alaminos, CEO of Madison, explains the key differences between billing on issuance and billing on redemption and the considerations for approach depending on organizational goals.

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