2019 finished strong in terms of worker confidence.
By Larry Basinait
At the end of 2019, the Worker Confidence Index (WCI) increased by a robust 7.1 points compared to one year ago. This suggests that workers remain confident with their employment status compared to historical standards, despite a small decline of 2.5 points from the third quarter. For the year, three of the four indices—likelihood of a promotion, likelihood of a raise of at least 3 percent, and trust in company leadership—increased by at least 6 points. The only index to decline was the job security index, down slightly by 2.8 points.
The demands of work are putting pressure on HR teams to rethink training programs.
By Doug Stephen
“Choose a job you love, and you will never have to work a day in your life.” This famous and often quoted statement from Confucius had the right sentiment, but some would argue that he forgot the finer points on just how to obtain and retain that dream job.
The key to employee engagement does not lie in the exit interview—but in continuous feedback throughout the employee lifecycle.
By Shalini Duggal
At a basic level, employees quit when they lose faith in the possibility of having their needs met by their employer.
Economic transitions in Asia are influencing the duration and destination of relocation assignments.
By Michael Switow
The days of relocating professionals and their families overseas on two-to-three year contracts with housing, education, and other allowances are certainly not over, but they are waning.
Organisations are starting to prioritise the holistic well-being of their employees, adapting their cultures and benefits to support mental health wellness.
By Simon Kent
Awareness of mental health in the workplace has undoubtedly grown over the past few years. Headlines have been made and even Britain’s own royal family has contributed to the discussion. According to Sophie Hennekam, professor of management at Audencia Business School in France, the World Health Organisation has estimated that mental health conditions cost the global economy $1 trillion in lost productivity each year. In Europe, employees with mental disorders report 3.1 absenteeism days per month compared to one day per month among those without mental health issues. However, despite increasing awareness and the high cost of neglecting mental health, “Surprisingly little is known about how individuals with mental health conditions navigate the workplace,” she says.
CHRO Jeanie Heffernan’s people-first strategy drives an 89 percent employee engagement rate at Independence Health Group.
By Debbie Bolla
Some relationships have what it takes to stand the test of time, and the 20-year partnership between Independence Health Group CEO Dan Hilferty and the organization’s Executive Vice President and CHRO Jeanie Heffernan is a prime example. The pair began working together in 2000 and they have successfully navigated the complex and ever-changing health insurance industry ever since.
Technological innovations and generational demands are poised to transform the way work is done in 2020 and beyond.
By Emily He
The future of work has been a hot topic in recent years, fueled by a barrage of technological advancements impacting nearly every industry and organization. Business leaders far and wide are being pushed to innovate or risk falling behind—and HR leaders are no exception. New developments in artificial intelligence (AI), machine learning, and chatbots are shaking up the landscape for HR, raising concerns around automation and job displacement while forcing teams to adapt to changing employee expectations and evolving workplace norms.
From identifying rising talent to reducing turnover, predictive analytics help make employee recognition programs more proactive.
By Jesse Harriott
HR leaders know it takes work to attract and maintain top talent. Locating, hiring, and retaining the best people for each open role calls for an ongoing give-and-take between employer and employee—and data is a must to master the inner workings of these dynamics. To engage quality talent and embark on the only long-term path to greater profits, organizations need to refine their talent strategy and the analytics that make it possible.
The APAC region is beginning to realise the value of employee recognition programmes.
By Michael Switow
“Catch people doing things right,” advises Tom Mehrmann, the president and general manager of Universal Studios Beijing, in “Taming the Mouse,” a business leadership book that he published this year. “For too many bosses, criticism is easy whilst praise is scant,” he writes.
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