For many, incomes have stagnated and prospects for greater income are limited, causing a sharp decline in worker confidence.
By The Editors
Current worker confidence has reversed the upward trend reported over the last year and dropped significantly in the second quarter of 2017. The Worker Confidence Index (WCI) from HRO Today and Yoh Recruitment Process Outsourcing report a decline of 7.9 points, falling back to a level of 99.7. This is the same level reported at the end of the second quarter in 2016. Of the four components of the WCI, only job stability rose by 4.5 points in the second quarter of 2017, while likelihood of promotion and likelihood of a raise declined by 21.4 points and 11.1 points, respectively. The trust in company leadership index declined by 3.4 points but remains 5 points higher than one year ago.
Organizations are seeing the value of welcoming former employees into the fold.
By Christa Elliott
It’s always difficult to watch an employee move on to a different company and opportunity, but thanks to a new trend in job seeking and hiring, the dreaded resignation letter isn’t always a final goodbye. “Boomerang employees”—workers who leave their job, only to return to their former employer after subsequent roles—have become a worker classification all their own.
By Elliot Clark
If you think about it, our Baker’s Dozen Process was crowdsourcing long before the term existed, essentially allowing HR leadership to learn about service companies from the experience of their peer group. Companies that do not embrace public scrutiny should be BOYCOTTED and we call for that for three providers.
This month we reveal the HRO Today RPO Baker’s Dozen Customer Satisfaction Ratings for enterprise, midsize deal, and healthcare providers. This is one of our most important towers in the annual Baker’s Dozen publishing schedule. Given the impact of the RPO Baker’s Dozen and the focus it gets from talent acquisition leaders, I want to go back in time a few months to address a really galling issue from our March issue where we published the HRO Today Relocation Services Baker’s Dozen Customer Satisfaction Ratings. A few of the larger relocation providers did not participate or openly resisted our survey process. It was brought to my attention that at least one of these providers is trying to make their absence a selling point by criticizing the companies on our list as only “smaller players.” I want to share the actual story and call on the market to show these companies that they should not be rewarded for their lack of transparency. And, I want to expose this so-called selling point for the farce that it is.
By Debbie Bolla
If you are in the 68 percent of HR leaders that are experiencing talent challenges (according to SHRM research), than this is the issue for you. HRO Today covers strategies to attract, develop, and retain top performers in every issue, but September is essentially your Golden Ticket to talent acquisition and management.
Our issue begins with our long-awaited RPO Baker’s Dozen, covering the top leaders in enterprise, healthcare, and midsize recruitment process outsourcing. This is one of most highly competitive surveys with more than 800 HR leaders participating. So if you took part, we thank you!
By D. Zachary Misko
The fourth quarter is near, and if you are like me, you are wondering “Where did the year go?” It seems every year goes by more quickly than the one before. But as individuals, families, and employees, we are always working to maximize our time, save time, and do our best to ensure the time we do spend is meaningful.
Although I can’t make time go more slowly or give you any back, I can help you maximize your time and resources at work. The HRO Today Global HR Association provides you access to a network of HR executives and industry experts, interesting articles, best practices, educational webinars, and videos. Like with any company, it is all about the people you work with and the power of the team. Together, we can accomplish more and better maximize our time. The 4,000-plus members of the association are a great resource to increase your team’s strength and keep you informed about what’s happening in the HR industry. Think of it this way: “The strength of the team is each individual member. The strength of each member is the team.” – Phil Jackson
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