Voice of the Workplace surveying is a growing area within the human capital and performance management space. As companies work to navigate how best to optimize their workforces in an ever-changing business environment, business leaders are leaning more and more on the insights and guidance generated from Voice of the Workplace surveys provided by leading employee survey organizations. 2023 Voice of the Workplace Survey Providers Quadrants If you want to maximize the performance of …
A Look into the Potential Power of Modeling in Predicting Employee Turnover
Analytical capability has been improving at exponential rates in recently and is crucial for the expansion and diversification of businesses. However, Human Resource departments are struggling to implement these new practices even though human capital is one of the most important assets of a business. This article will look at a classification model to determine its usefulness in finding patterns and predicting employee turnover and termination reasons. The model analyzed here is a Random …
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How COVID has Changed Recruiting Strategies
2020 was a transformational year across the board, but especially when it comes to job market trends and hiring practices. The pandemic created barriers to in-person interviewing and relocating forcing companies to adapt and implement new practices. Here are just a few ways that COVID changed recruiting strategies this past year and what's likely to remain post-pandemic. Increased WFH and Telecommuting Opportunities The first major change to the workday with the pandemic was the …
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When should your company pay for travel expenses
Who Pays for Travel Expenses During the Interview Process?When searching for the ideal candidate for a position, there are times where it makes sense or is even required, to expand the client pool outside of who is available locally. With non-local candidates, it becomes increasingly important to effectively screen candidates to ensure that the chosen candidate is a strong fit with the company and the position. On-site interviews are an important part of the screening process- they offer …
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Addressing Future Skill Gaps
Most organizations have a strategy for the future. This plan allows organizations to grow and evolve as the market and society at large changes. However, these strategies for the future often don’t include HR and talent decisions. Most companies hire for their needs now but few look to identify the talent needs of the future. Research from Gartner shows that 64% of HR leaders don’t think their employees are able to keep pace with future skill needs. To ensure your organization is positioned …
How to Attract Millennial Talent
By 2025, estimates forecast that Millennials will make up 75% of workforce. (Forbes 2018). Additionally, the average millennial job candidate will receive 12.5% more job offers than candidates from older generations (CEB). With the growing majority of the workforce shifting to millennials and the increase in competition for job offers, it is crucial for companies to not just attract but also retain the top millennial talent. Companies must shift their recruiting and hiring tactics as the methods …