The Rise of High-Paying ‘New-Collar’ Jobs
While a college degree was once seen as a guaranteed means of upward mobility, today young people are questioning its value, especially considering rising tuition costs and the long-term debt associated with it. Major corporations such as IBM and Accenture have taken notice and have eliminated bachelor’s degrees in favor of hiring based on an […]
How Small Businesses Are Managing Employee Burnout
A recent study found that employee burnout is at an all-time high, with 66% of American workers reporting having some degree of burnout in an already stressful workplace. What is clear is that there is a generational divide, with more young people experiencing burnout than among previous generations. The threat of artificial intelligence taking over […]
How To Stop Competition From Poaching Your Employees
Poaching is such a widely accepted business practice that more than 70% of hiring professionals admit to having done so. While poaching is not illegal, there can be legal ramifications. This may be the case if an employee is lured away to a competitor even though they signed a noncompete agreement that prohibits them from […]
Cross-Training and Upskilling: Building a Stronger Workforce
The job market is at a crossroads. Many companies are facing the challenges of talent shortages along with the disruptive effects of artificial intelligence. At the same time, employees are seeking ways to develop professionally in their careers. Cross-training and upskilling have become vital for organizations to stay ahead of this trend by making sure […]
Should You Offer Home Office Stipends?
Your employees want to make their workspaces at home efficient and comfortable. Remote work stipends can cover that. You determine what’s eligible. A stipend can cover a laptop, bookcases, lighting, coffee, electric and utility bills, toilet paper, coworking space fees, learning and development perks, and even music and podcast subscriptions. A work-from-home stipend is in […]
The Importance of Middle Managers
In today’s volatile work environment, many companies are starting to lay off employees, including — or maybe even especially — middle managers, because company leaders mistakenly believe managers are expendable. But if a middle manager’s role has not been reduced to one of simple administration, and if the person is effective in their work (not […]
Bundling Vacation, Personal Days and Sick Time in One Bank
Life has a way of throwing curveballs at us that require time away from work to resolve them. Running a personal errand, taking a sick family member to a doctor’s appointment or attending a child’s parent-teacher conference are some examples of when having paid time off to be used at your own discretion is greatly […]
Financial Wellness Programs Boost Employee Happiness
Since the pandemic, many Americans have been struggling to get their financial houses in order. If you’re wondering what a financial wellness program encompasses or what would be helpful to your employees, some areas where employees may need help in maintaining their financial wellness are: A manageable level of financial stress. A lifestyle below their […]
Gifts for Employees: The Thought That Counts
Managers reap benefits from giving presents to their teams: Recipients may feel a morale boost and increased motivation to improve productivity. It may be only a modest gesture, but they are more likely to apply their best efforts when they feel valued. Gift policies and principles Many firms codify an official gifting policy with a […]