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The biggest challenge for executives today is also the number one reason why employees leave: a lack of connection with the company culture. This is one of the main findings of the Remote Work Culture Insights study, a survey of 800 C-suite executives and 800 employees, conducted by Airspeed, an internet social platform, along with Workplace Intelligence, an HR research and advisory firm. Key findings from the study include: · Over 9 [...]

Across human society, bargaining power is determined by which party can most “afford” to leave the relationship. If workers can leave their job at a lower cost, they have more bargaining power than if the costs of quitting or retiring are high. When asking for a raise a person or union must consider basic economics: How tight is the labor market? Are employers begging for workers? Will employers meet workers’ [...]

Create a hiring process that is a positive experience for candidates to foster a good relationship from the start. By asking yourself the following four questions, you can make sure your hiring experience isn’t causing you to lose future talent. 1. Is your time-to-decision fast enough? Finding out whether someone is a good fit for your company might take a little time, but you could lose candidates to companies with [...]

When recruiting new talent for open roles at their companies, most HR managers rely on a standard set of tools to ascertain the desirability of prospective hires. They pay attention to the college that a prospect attended, assuming that the school's level of prestige correlates with the candidate's intelligence; the names of past employers, believing tenures at top-tier firms to be the most impressive; and responses to conventional interview queries: "What are your greatest [...]

Experience is a must for some jobs, but people with raw talent offer unique benefits. You have two candidates for a position. One is experienced and knowledgeable while the other is inexperienced but talented. Which one should you hire? Making the right decision can be a source of competitive advantage for your business. Here’s a few quick rules of thumb for when to hire for each and the pitfalls to [...]

The Great Resignation forced leaders to think of effective ways and alternatives to retain staff. Here are the main takeaways employers should have grasped by now. There is no denying that the world has shifted during the height of the pandemic. In the years 2020 to 2021, there has been a historic record of employee turnover, and this incident occurred globally. During this period of uncertainty, it has coaxed individual workers [...]

The United States government is pouring cold water on the economy and job market to battle inflation. It seems like a masochistic policy, as people must lose their jobs to reduce costs. With such a heavy-handed approach, it's understandable why Americans are left dazed and confused. For over a year, the U.S. experienced a blazing-hot job market, but now the good times have ended. When there is a sudden and [...]

Post-Covid America was projected to see a modern-day resurgence of the Roaring Twenties. However, in 2022, Americans are contending with inflation and talks of a recession, stagflation, layoffs, downsizing and war. The economic, geopolitical and macro events impact human resources and the job market, resulting in the following workplace trends. Layoffs, Downsizing, Rescinded Job Offers Since May, tech startups have laid off nearly 27,000 workers, according to layoffs.fyi. Tesla CEO Elon Musk, who said [...]

There is a power dynamic shift taking place between the employee and employer. For the last year and a half, workers were in high demand. Desperately needing staff as the economy reopened, companies catered to the workers. Businesses offered remote and hybrid work choices. Some provided flexibility, allowing people to decide where and when they’d like to work. Digital nomads were permitted to do their tasks anywhere in the world. If a person [...]

Every day seems to bring a tale of two job markets. On the one hand, data, like Friday’s better-than-expected jobs number, shows a labor market where unemployment remains low and the economy continues adding jobs, even beating economists’ forecasts. Earlier this week, the Labor Department reported that job openings slipped but hiring demand remained strong, while the turnover rate stayed high. Yet on the other hand, the news cycle seems to bring near-daily [...]