With a notable number of Baby Boomers feeling like they should postpone retirement, you may have a multigenerational team with as many as four (or even five) different generations represented in your organization. Studies have shown that Baby Boomers ranging in age from 58 to 76, Gen X-ers who are 42 to 57 years old, […]
Sparked in part by high fuel and food prices, the rising cost of living is a global problem that’s expected to hit the women in your workplace the hardest, according to the World Economic Forum’s 2022 Gender Gap Report. Cost of living increases impact women more severely than men because women continue to be paid […]
CFOs trying to mitigate the effects of the Great Resignation on their workforce may want to reconsider their compensation and benefits strategies – especially in light of inflation. As new Gartner research shows that many of your peers plan to take a conservative approach to salary adjustments due to inflation, additional data from the Pew […]
The one-two punch of high gas prices and rising costs related to driving could have the average American shelling out $2,914 a year to commute to work, according to a report by OverheardOnConferenceCalls.com. It’s a noticeable 35% increase over last year’s estimated average yearly commute cost of $2,064. The “Annual Cost of Commuting: 2022 vs. […]
Your peers are extremely concerned with hiring top talent this year – even more so than top HR pros. That’s according to the 2022 PwC Pulse survey of execs of all titles, including CFOs. Hiring and retaining talent is top priority for 83% of CFOs, compared to 77% of all execs. And many of them […]
Instead of investing in a new bonus or incentive program, maybe the solution for the Great Resignation is meaningful employee recognition. A survey of nearly 6,000 workers and HR leaders by Achievers Workforce Institute concluded that employee recognition is an even bigger driver of employee engagement, productivity and job commitment than good compensation. Almost two-thirds […]
A workcation – also known as “bleisure” travel – is when employees extend their business trip plans to enjoy sightseeing and other recreational activities. Allowing it is a good way to boost morale and encourage more employees to hit the road on company business, according to Dr. Jim Castagnera. In fact, 43% of business trips […]
Between internal fraud risks, cyberattacks and stolen checks, being on guard against fraudulent activity can become an all-day, everyday concern for your A/P department. For instance, the number of fraud complaints nationwide averaged 2,300 per day in 2021 (up from 1,300 daily complaints in 2019), according to the FBI Internet Crime Complaint Center’s (IC3) Internet […]
If your people are like most employees, they find a hybrid work environment much more appealing than the traditional five-day, on-site model. In fact, a recent global survey by PwC found 62% of workers said they prefer a mixed work-from-home/in-office schedule. However, because employees are dispersed, hybrid work requires changes in the way your organization […]
