A phenomenon that has led to some of the most profound changes in workplace history is known by many names – The Great Resignation, Reshuffle and Attrition, to list a few. Yet, the effect organizations are feeling is the same. Competition for talent is fierce, and retention is even harder. A study by McKinsey showed that 40% of employees are thinking about leaving their job in the next three to six months, consistent with the data from a Pew Research Center survey earlier this year ..read more

It seems that the virtual reality world is no longer limited to the escapism of video games ..read more

If good friends are good for your health, best friends may change lives. In addition to increasing a sense of belonging and purpose, friends can boost happiness, improve self-confidence, help cope with trauma, and encourage positive behavior change. Prior to the pandemic, the workplace facilitated numerous lasting friendships. This is expected when individuals, who also happen to be working toward a shared goal, spend hours together each week ..read more

The shift to remote work created a boom in technologies that support geographically disparate teams. Most notably, virtual meeting software (Zoom, Teams, etc.) became staples in the everyday work experience, gluing employees to their seats and screens. Like most new technologies, there are both positive and negative outcomes associated with online meetings. The main goal should be to optimize the positive outcomes and mitigate the negative ones ..read more

The percentage of U.S. employees working remotely because of COVID-19 has dropped by more than 50% from the beginning of the year, leveling off at around 7%. Based on a survey from the U.S. Bureau of Labor Statistics, the data refers “to employed persons who teleworked or worked at home for pay at some point in the 4 weeks preceding the survey specifically because of the pandemic.” The percentage of workers dropped rapidly at the beginning of the year, decreasing from 15.4% in January to 7.7% in April. The figure seems to have stabilized around a 7% floor in recent months ..read more

As companies across the globe grapple if and how to entice employees to return to the office, the Netherlands is one step closer to giving employees the right to choose where they work. The Dutch parliament approved legislation to establish working from home as a legal right, setting the Netherlands up to be one of the first countries to enshrine such flexibility in law. The legislation passed in the lower house of parliament, but it will need to pass in the senate before it can be enacted into law. If enacted, employers will be required to consider requests to work from home if an employee’s ..read more

Human resources professionals are no strangers to the importance of employee retention. As a critical element of their performance, hiring and retaining top talent at a company, which includes reducing turnover, is part of their day-to-day responsibilities. This is why the current turnover rate for the profession is so shocking. According to LinkedIn, human resources leads all professions in turnover for the last 12 months, topping the average for all roles by four percentage points. For the purpose of this analysis, turnover is based on professionals updating their current employer on their ..read more

Companies are investing heavily in diversity, equity, inclusion, and belonging (DEIB) initiatives. One report projects that the global market for DEIB will reach $9.3 billion in 2022 ..read more

Companies are investing heavily in diversity, equity, inclusion, and belonging (DEIB) initiatives. One report projects that the global market for DEIB will reach $9.3 billion in 2022 ..read more

Health Savings Accounts (HSAs), which allow individuals to store and withdraw funds for certain qualified medical expenses, are frequently offered as part of an employer’s benefits package. According to one report, nearly 40% of companies offered an HSA-qualified health option in 2021 ..read more