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2023 HR Trends: A Look Ahead

HR Digest

From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. Overall, the HR trends in 2023 are likely to be driven by a combination of technological advancements, social and cultural shifts, and a focus on employee well-being.

Trends 144
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Win/Win: Workplace Well-Being Boosts Company-Well Being

The Practical Leader

In their paper, Workplace Wellbeing and Firm Performance , they report, “We find that wellbeing is associated with firm profitability and that companies with the highest levels of wellbeing also subsequently outperform standard benchmarks in the stock market. Well-being is strongly linked to absenteeism. Everybody wins.

Company 40
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Remote Work Is Here to Stay: Are You Ready?

HR Digest

The main reason remote work is here to stay is thanks to cutting-edge technologies and the need to stay ahead of competition. . It also reduces absenteeism and increases employee engagement. Additionally, embracing new work models requires training and skills development. Remote work is here to stay for a long time.

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Align the Scales Correctly for a Better Work-Life Balance

HR Digest

The American Institute of Stress reported that burnout could be linked to unanticipated absenteeism, possibly costing US businesses up to $3.5 Competitive Job Market and Fringe Benefits Technology, industries, and the requirements of the workforce are evolving faster than ever. million annually.

Tips 119
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What is HR Analytics?

HR Digest

Improved HR Planning: HR analytics enables organizations to forecast future workforce needs, identify skill gaps, and develop effective HR strategies. HR analytics enables organizations to attract and retain top talent, optimize resource allocation, and adapt to changing market dynamics.

Metrics 98
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Higher Wages Aren’t Enough to Turn Mediocre Jobs into Good Ones

Harvard Business Review

Facing a tight labor market as the holiday shopping season approaches, many retail companies will undoubtedly consider following the lead of Amazon, which recently announced that it is raising its minimum hourly wage for all of its U.S. Image Source/Getty Images. employees, including those working at Whole Foods stores, to $15 — $7.75

Retail 10
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Jim Hunter – Servant Leadership Interview Series

Modern Servant Leader

You can also consider a business that awakens a massive industry then dominates the market shares globally at the same time, busting misconceptions about the way the food service industry must treat employees. $16 Really messed-up experiencing strikes, union drives, turnover absenteeism, low commitment, low morale. The mark you leave.