An impending recession and soaring prices are adding to the challenges already faced by companies globally because of rising job turnover. Talent is still in high demand, regardless of the current state of an industry. Employees are taking advantage of this information, especially millennials who are using it to win higher-paying jobs. Business leaders are being forced by reality to assess their employee value proposition and total rewards offering to reduce attrition. This assessment is in addition to the already existing expenses like hiring, onboarding, and training as well as lost product ..read more

In the dynamic landscape of modern workplaces, one fundamental principle stands tall: the continuous pursuit of learning and development. Gone are the days when a static skill set sufficed for a lifelong career. Today, organisations recognise that investing in the growth of their employees isn’t just a perk but a strategic imperative for success. From enhancing productivity and fostering innovation to retaining top talent, the benefits of prioritising learning and development initiatives are manifold. First and foremost, fostering a culture of learning within an organisation is essential for s ..read more

With an increased focus on managing teams more effectively and using data to make strategic people decisions, having high-quality and accurate HR data has never been more important. Many organisations struggle to maintain accurate and reliable people data and resolving issues at the source can often be pushed to the bottom of the priority list, despite the many benefits it can bring. But improving and maintaining data quality is about more than just data cleansing – it involves establishing a framework that sets out what is acceptable, implementing processes to monitor and improve data quality ..read more

Supply chain resilience has taken centre stage in today’s dynamic business landscape, where uncertainties and disruptions have become the norm. Efficient supply chain management is crucial for success, and it must be resilient and adaptable in this dynamic world. The 2022 MHI Annual Industry Report underscores the increased strategic importance of supply chains, with an impressive 97% of supply chain leaders acknowledging the pandemic’s role in this elevation. As we stand on the precipice of a future fraught with supply chain constraints, adopting proactive strategies to future-proof ..read more

In the bustling metropolis of modern workplaces, there exists a silent yet potent force – a force that shapes the very fabric of organisational culture and defines the trajectory of success. This force goes by the name of Diversity, Equity, and Inclusion (DE&I), and its resonance reverberates far beyond the confines of HR manuals and corporate mission statements. In this article we shall uncover the veiled biases that lurk within recruitment processes and explore strategies to foster diversity, equity, and inclusion (DE&I) in the modern workplace. Addressing Bias and Unconscious Bias ..read more

Many remote teams don’t share their company’s values or priorities because they’re isolated from each other and in-person colleagues. Can virtual reality (VR) strengthen their connection to their jobs? Here’s a look at what it can do. 1. Foster Loyalty  Many people feel detached from their place of employment. In fact, nearly half of employees actively search for new job opportunities while in their current role. When they work fully remotely, this disconnect grows more noticeable. HR professionals can use VR to foster a more robust connection among staff. Since it removes geographical ba ..read more

In recent years, there has been a growing recognition of the value of neurodiversity in the workplace. Neurodiversity refers to the variation in neurological functioning present among individuals, encompassing conditions such as autism, ADHD, dyslexia, and more. Embracing neurodiversity not only promotes inclusivity but also unlocks unique perspectives and talents, driving innovation and success within organisations. The Business Case for Neurodiversity Employers are increasingly realising that fostering a diverse and inclusive workforce is not just a moral imperative but also a strategic adva ..read more

The staffing crisis is a defining characteristic of our times, presenting organisations across sectors with serious, sometimes existential, challenges. Across the EU, job vacancy rates rose steadily from 1.6% in Q2 2020 to a peak of 3% two years later before dropping back only slightly to 2.8% in Q4 2022. Meanwhile, the UK saw almost 450,000 job-to-job resignations in Q2 2022 alone. The challenge Many workers left their retail, hospitality, and food service jobs during the pandemic and, having found better pay or greater working flexibility, have yet to return. Front-line jobs in retail oft ..read more

This is HRTch247’s monthly round-up. Take a look at some of the industry insights that were shared on our platform over the last month. We have hand-picked some of the highlights. For a full look at what is going on explore the blog and seminar room. Visit the Blog Visit the Seminar Room Top Posts For This Month 1. Written by Ceridian: Will 2024 be the year of innovative talent acquisition strategies? What does a futurist foresee for talent acquisition professionals in 2024? Learn the talent acquisition strategies you will need in the coming year to stay ahead. Click here to read 2 ..read more

Studying abroad is an enriching experience that offers numerous benefits to students seeking to broaden their horizons and expand their academic horizons. Here are ten compelling reasons why embarking on an international academic journey can be a transformative endeavor: 1. Cultural Immersion: Living and studying in a foreign country provides an unparalleled opportunity to immerse oneself in a new culture. From exploring local traditions to learning a new language, students gain a deeper understanding and appreciation of diverse cultures. 2. Academic Excellence: Many universities abroad are re ..read more