No one likes to lay people off. It’s upsetting, painful, and even traumatic—and not just for the person losing their job. In fact, studies have found that managers are almost twice as likely to suffer a heart attack in the week after they fire someone. Unfortunately, letting people go is part of being a leader—and, as many companies ramp up layoffs, it’s a task you might have … [More]
Talent Strategy – How to Weather the Storm
6 tips for CEOs and CHROs to navigate uncertainty
CEOs and CHROs began 2023 facing exceptional challenges. A weakening economy, a stubbornly tight labor market, persistent inflation, banking instability, war and a new cultural dynamic in which workplace talent is dispersed globally make the job of managing modern workforces exceptionally turbulent. Navigating these challenges requires an honest, hard look at talent strategy. … [More]
Music Improves Workplace Productivity and Keeps Employees Connected
Create a positive culture that hits the right note every time
The most innovative workplaces are proactively seeking fresh ways to stand out from the crowd by dancing to the beat of a new tune and cultivating an environment where teams go against the grain of isolation. Separation from the rest of the team is not what fills our work lives with meaning or satisfaction, so employers are uncovering new opportunities to boost productivity and … [More]
Filling the Gaps for the Upcoming Retirement Wave
Ensure knowledge and skills are not lost
In today’s tight labor market, many managers and business leaders are grappling with the difficulty of recruiting and hiring quality candidates. Exacerbating the challenge is the nearly three million people who retired early due to the pandemic as well as 10,000 baby boomers who reach retirement age daily. And this rate of baby boomers reaching retirement age will continue … [More]
Pregnant Workers Fairness Act Propelling Women’s Roles in the Workplace
The newly passed Pregnant Workers Fairness Act requires employers with 15 or more employees to make reasonable accommodations for people affected as a consequence of pregnancy, childbirth or related medical conditions, such as fertility treatments or postpartum depression. This is a step in the right direction in helping bring mothers back into the workforce and in narrowing … [More]
The True Cost of Losing an RFP
The most immediate effect of a lost RFP is the absence of new revenue. Companies depend heavily on their proposal teams to secure opportunity wins on a consistent basis. New contracts equal new revenue, that’s obvious. However, when a company loses an RFP opportunity, the ripple effect is felt throughout the company. The annual average win rate for government RFP … [More]
Interest in Employee Tracking Trending Up
Recent studies have found that 7 in 10 large companies in the U.S. will be monitoring their employees in the next two years. Careers and resume advice site StandOut CV reviewed which states are most likely to monitor employees according to Google data and determined just exactly what an employer is able to collate and monitor when using these tools. According to Google … [More]