The current labor shortage has been an issue for businesses in all sectors, but companies can use some effective methods to get the workforce they need. The following are practical recommendations that may assist your organization to overcome this challenge. Offer Competitive Compensation Packages When the labor market is relatively [...]
Employee turnover is a critical problem in the current business environment for any organization that seeks to be competitive. More and more companies are asking themselves: how can we prevent fluctuation? High turnover rates are a problem because they affect the flow of work, raise the costs of hiring and [...]
Key Performance Indicators (KPIs) are the most effective metrics that define the efficiency of the recruitment process and its results. Within the talent acquisition process, which is a business function that depends on an organization's ability to attract and retain the best talent, choosing the right KPIs will help measure [...]
In the current global market, it is not enough to care for employees’ well-being; it is a necessity. The presence of healthy employees boosts performance, increases their commitment, and reduces turnover, making wellness at the workplace a strategic business imperative. The proactive measures to ensure employees’ health as employers and [...]
Creating a powerful employer brand on a shoestring is possible by following a few steps, thinking outside the box, and using what you already have to the fullest extent. Employer branding is an external and internal perception of a company as a workplace. It is a vital process of identifying, [...]
Generation Y, or Millennials, were born between 1981 and 1996. This generation has been born and raised in a world of fast-paced technological development, globalization, and cultural changes that have influenced their beliefs and behaviors. They have brought new dimensions to the workplace and given new dimensions to the employment [...]
Generation X, born between 1965 and 1980, is the middle generation in the current working population. Gen Xers, often called the ‘latchkey generation’ due to having grown up with parents at work, are very practical, self-sufficient, and flexible. Although the millennials are on one side and the baby boomers on [...]
Sustainability is one of the most significant concepts of the present world. Stated that it means using resources today so future generations can use them. Although most of the time, sustainability is considered to be related to environmental concerns, it also encompasses social, economic, and organizational aspects. Recruiting is one [...]
