According to the CDC, American businesses lose around 200 million workdays every year due to employee mental health. The estimated cost of this problem is anywhere up to $44 billion, making it a huge issue for every employer.
Best Practices | Organizational culture
When you turn on the TV or check social media these days, it seems filled with nothing but bad news. Sometimes I can feel these current events linger in the back of my mind while I'm trying to work, and it will shift my mood for the day. And I thought, if that is happening to me and I'm not directly impacted, it's likely happening to other team members and perhaps on even more varying levels.
Best Practices | Employee Relations
If you ask successful CEOs for the secrets of a thriving business, they will all say the same thing: great people and accurate data. High-quality business intelligence is a powerful tool that empowers leaders to identify opportunities, find efficiencies, and strengthen the bottom line.
Staff turnover is a cause for concern at any time. But, in 2021, concern turned to widespread panic as quit rates soared across the country. This phenomenon reached such proportions that it earned a nickname: The Great Resignation.
Last year saw one of the most unexpected Total Rewards trends in recent memory. Remote working, which employers had hastily adopted during the pandemic, suddenly became a must-have benefit for employees.
If you’re an HR leader, you’ve had to contend with a lot of uncertainty in the past two years. There’s been a pandemic, a shift to remote working, civil and cultural unrest, not to mention the staff turnover event known as The Great Resignation.
