Global Labor Market Report – Q2 2020
The second quarter of 2020 saw business sharply decline amidst the COVID-19 pandemic, with global employment numbers also hitting their lowest levels since the financial crisis of 2008.
Interestingly, as HRO Today‘s latest research findings illustrate, each region of the globe fared differently in response to the virus – and it is reflected in their employment rates.
So, how did your region’s employment numbers fare during the second quarter, and how will it effect the remainder of the year? Download the Global Labor Market Report for Q2 2020 below to find out this and more.
Benefits Strategies that Don’t Just Survive but Thrive in Evolving Conditions
By Mike Glantz, Executive Vice President at bswift
The employee experience is being permanently reshaped by the pandemic. Employee benefits and enrollment engagement was already a challenge prior to the pandemic, with Aflac reporting that 93 percent of employees just enroll in the same benefits each year and more than half spend less than 30 minutes researching their options. Now, with limitations like remote work and shifting priorities, this challenge will likely become more confounding. With open enrollment approaching, you want to ensure your benefits strategy will stand the test of time. By making thoughtful adjustments and partnering with trusted vendors, you can ensure your strategy will not only thrive in the current environment, but also be flexible enough to adapt to evolving conditions in the future.
HR New Technology Report – Second Quarter 2020
As COVID-19 raged on during the second quarter of 2020, business operations worldwide came to a screeching halt. But despite the recent economic downturn resulting from the ongoing global pandemic, HR technology saw an impressive 99 major announcements in the second quarter – a positive amongst current unprecedented times.
The Human Resources New Technology Report for Q2 2020 provides insight and predicts recruiting technology introductions for the remainder of the year.
Download it now to learn:
The Importance of Recruiter Training: How to Hire the Best Talent for Your Organization
Today, recruiters are more than just recruiters. They not only find and hire key talent but also shape the candidate experience and promote their company’s brand. But how well they do their jobs depends largely on their training, and a lack of effective recruiter training will make hard-to-fill and volume hiring impossible.
Providing recruiters with comprehensive, ongoing training around company culture, sourcing and social networking while using the latest tools and technologies will enable recruiters to find qualified candidates more efficiently.
HRO Today‘s new research report, presented by Sevenstep, “The Importance of Recruiter Training: How to Hire the Best Talent for Your Organization,” can help you pinpoint these themes within your own training efforts.
Rebuilding the Workforce Post-Crisis
Since March 2020, the coronavirus has wreaked havoc on the business world. Non-essential companies across the globe shut their doors, stock markets plummeted, unemployment rose to 13% in the span of three months, and for weeks, the global economy ground to a halt.
Now, as the world starts spinning once more and businesses resume operations, HR leaders are left to pick up the pieces. But they are returning to a new normal marred with budget cuts, reduced headcounts, and deep uncertainty. So where does rebuilding begin?
Discover four best practices to help companies utilize their talent technology to gain an edge over their competition in QuantumWork’s latest position paper, “Rebuilding the Workforce Post-Crisis.”
The Relocation Pricing Paradox
with Steven John, President and CEO, HomeServices Relocation
As the global landscape created by COVID-19 continues to evolve, organizations that rely on employee relocation programs have been challenged in new and unprecedented ways. From contending with travel restrictions to navigating shifting government regulations, mobility professionals have had to act swiftly in response to the needs of their distributed talent. With so much complexity abroad, organizations should be able to rely on their relocation management companies (RMCs) to manage their programs simply and reliably—but many fall into the trap of pricing models that only increase costs and tax burdens. HomeServices Relocation has shifted the paradigm, adopting a new pricing approach that delivers a more transparent and efficient mobility program.
Worker Confidence Index: Second Quarter 2020
As business operations completely changed from March to June amidst the ongoing global pandemic, worker confidence did as well. While employee concerns about things like a possible job loss or the status of an upcoming promotion will typically fluctuate, we have not seen such a drastic change in their thinking in quite some time. A year like no other, 2020 has changed everything we’ve known in recent years.
Like every other aspect of the economy in the second quarter of 2020, the Worker Confidence Index saw vast declines in each area measured. But how much was worker confidence truly affected, and what does this mean for the remainder of the year?
Definitive answers to these questions are still unknown, but HRO Today and Yoh’s quarterly Worker Confidence Index report provides concrete data for you to determine your company’s path forward.
VeriKlick VMS Systems Project
As the need for contract and contingent labor continues to grow steadily, so do the questions surrounding the best and most efficient ways to source them.
In a recent partnership between HRO Today and VeriKlick, these organizations set out to answer these questions by researching and compiling data on VMS Systems. Learn about the demands, challenges, and impacts of VMS by downloading the report below.
CLICK HERE TO DOWNLOAD THE REPORT
VeriKlick Direct Sourcing Project
As the need for contract and contingent labor continues to grow steadily, so do the questions surrounding the best and most efficient ways to source them.
In a recent partnership between HRO Today and VeriKlick, the companies set out to answer these questions by researching and compiling data on Direct Sourcing. Learn about the demands, challenges, and impacts of direct sourcing in the research report below.
CLICK HERE TO DOWNLOAD THE REPORT
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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