HR Digest

SEPTEMBER 30, 2020

Seeing how this role is going to be a big part of work-life, employers need to reconsider their human resource policies to work in this burgeoning need. The stress and anxiety can manifest in the caregivers falling sick themselves and in turn higher healthcare costs for the employers. billion per year. ?This

Absenteeism 105

Absenteeism Policies Cost Human Resources 105

Harvard Business Review

OCTOBER 31, 2014

In its “State of Human Capital” report , McKinsey found that people in HR still largely have “a support-function mindset, a low tolerance for risk, and a limited sense of strategic ‘authorship’” — all of which has led to “low status among executive peers, no budget for innovation, and a ‘zero-defects’ mentality.”.

Human Capital 14

Human Capital Charan Human Resources Cost 14

Harvard Business Review

NOVEMBER 3, 2014

His resume was spot-on — he’d spent five years as a sporting goods sales rep and several years as an operations manager doing “everything from ordering for shops, to speaking with dealers, to sales.” Senior management at the new company knew him, his successful track record, and the companies he’d worked for. Slam dunk, right?

Management 9

Management Proposal CEO Human Resources 9

Harvard Business Review

FEBRUARY 21, 2014

Today, nearly 80% of people who work for organizations with 50 or more employees have access to a wellness program, according to a 2013 RAND study commissioned by the U.S. Department of Health and Human Services. Many companies may have instituted workplace wellness programs initially as a way to reduce health care costs.

Health Care 8

Health Care Absenteeism Presenteeism Human Resources 8

Harvard Business Review

OCTOBER 25, 2017

In 2013 spending on care for people with the disease in the United States topped $100 billion. But it is also one of the most amenable to simple, low-cost behavioral interventions. They receive direct medication-management assistance from a pharmacist, follow-up with a registered dietitian, health coaching, and ongoing case management.

Class 8

Class Insurance Cost Health Care 8

Harvard Business Review

FEBRUARY 10, 2015

In an interview he told us: “SASB has now issued standards for 45 industries in six sectors The specific issues we examine for human capital include labor relations; fair labor practices; employee health, safety and wellbeing; diversity and inclusion; compensation and benefits; and recruitment, development and retention.

Human Capital 8

Human Capital CFO Banking Report 8

Chart Your Course

JANUARY 9, 2014

September 11, 2013. Fortunately for candidates, many companies worldwide are hiring and unfortunately for employers, the shortages of skilled workers are costing companies billions of dollars. . © Copyright 1998-2013 by The Herman Group of Companies, Inc., Archived editions are posted at [link]. all rights reserved.

Skills 159

Skills White Paper Case Study Telecommunications 159

Strategy Driven

FEBRUARY 28, 2011

healthcare spending set to grow 5 percent – or more than $100 billion – each year through 2013, businesses are scrambling for ways to save money on their health benefits. Active management of healthcare delivery and cost control has not typically been seen as an integral part of the mission for human resource (HR) departments.

Company 56

Company Management Human Resources Human Capital 56

Harvard Business Review

DECEMBER 23, 2016

The ManpowerGroup Contingent Workforce Index of 2013 showed 40% of all ManpowerGroup consulting engagements blended permanent and contingent workers. That leaves most organizations lacking a clear total workforce perspective and no integrated strategy to engage workers at the right time, cost, and contractual arrangement.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

FEBRUARY 24, 2014

For instance, a 2013 Gartner survey found that 64% of enterprises were deploying or planning big data projects, up from 58% the year before. Rather than focusing on the costs of action, mature big-data users consider the costs of inaction. But I find these numbers hard to believe, for three reasons.

ROI 10

ROI Maturity How To CRM 10

Harvard Business Review

OCTOBER 25, 2016

In the 1980s, however, pioneering women began moving into management roles and into frontline business areas, such as investment banking. Today 47% of management and professional roles in American financial firms are occupied by women, according to the U.S. Bureau of Labor Statistics.

Chief Executive Officer 8

Chief Executive Officer Committee Career Industry 8

Harvard Business Review

JUNE 16, 2017

Managing HR-related data is critical to any organization’s success. HR leaders in 2013 and 2016 and found that HR departments that use all of the LAMP elements play a stronger strategic role in their organizations. Vincent Tsui for HBR. And yet progress in HR analytics has been glacially slow. Consulting firms in the U.S.

Human Capital 12

Human Capital Metrics Analysis Survey 12

Harvard Business Review

MARCH 29, 2013

A scientist or engineer would retire from the organization, wait the mandatory six months, and then field a call from a former manager with an offer to re-engage. For one thing, at GEGRC, internal analysis predicted a potential tsunami of retirements hitting the two top technical levels between 2008 and 2013.

Consultative 8

Consultative Competitive Advantage Long-term Incentives 8

Harvard Business Review

DECEMBER 31, 2015

They saw it as an opportunity to completely transform the operation to improve care and the patient experience and to lower costs. The project was launched in 2013, and the RFID system was rolled out in stages starting in the summer of 2015. In other words, they created a living lab of the Clinic’s largest emergency department.

Technology 8

Technology Mayo Health Care Engineering 8

Harvard Business Review

JANUARY 29, 2015

It made a massive investment (more than $1 billion) to build a software “ Center of Excellence ” in San Ramon, California to manage the data explosion created by the increasing intelligence of its industrial machines. Melody Ivory , a User Experience Product Manager, told me, “I was about employee number 30 in February 2012.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

AUGUST 5, 2014

McKinsey’s DataMatics 2013 survey shows that companies that use customer analytics extensively are more than twice as likely to generate above-average profits as those that don’t. I see far too many data that don’t go anywhere and that’s just a cost.”. And that really is on the backs of marketing.”

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

MARCH 28, 2013

But consider this equally inscrutable language: The value is multiples of EBITDA, assuming the back-office cost synergy targets are achievable. Where I was unable to spell my own name or barely speak in 2008, I am now projecting revenue growth and cash flows in 2013."

EBITDA 10

EBITDA Human Resources McKinsey Cost 10

Strategy Driven

MAY 2, 2013

” 2 This Senate Bill is hardly a cost saving, business friendly measure. ” What it does not address is the freezing out of non-union bidders and the increases in taxpayer costs. ” What it does not address is the freezing out of non-union bidders and the increases in taxpayer costs. percent of the 2012 U.S.

Project 50

Project Human Resources Cost Conflict of Interest 50

Harvard Business Review

JULY 2, 2014

Pursuing this idea, we secured the right to use the CEI as the basis for the Credit Suisse LGBT Equality Index, and after three years of work, we launched it in October 2013. The Credit Suisse Equality Portfolio, which also launched in October 2013, is the only investable instrument associated with the Index.

Policies 16

Policies Price Due Diligence Human Resources 16

Harvard Business Review

MARCH 15, 2017

Either way, employers will know who did not agree to the testing and would be allowed to fine noncompliant employees, up to 30% for nonsmokers and 50% for smokers, but now those percentages could be multiplied by the cost of the full family policy, rather than the individual employee’s. This should allow more-accurate cost predictions.

Insurance 9

Insurance Committee Power Cost 9

Harvard Business Review

JULY 2, 2014

Pursuing this idea, we secured the right to use the CEI as the basis for the Credit Suisse LGBT Equality Index, and after three years of work, we launched it in October 2013. The Credit Suisse Equality Portfolio, which also launched in October 2013, is the only investable instrument associated with the Index.

Policies 8

Policies Price Due Diligence Human Resources 8