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Team Engagement Brings Competitive Advantage

Lead Change Blog

Yet it affects so much of a how a business operates, from the individual in the team to the company as a collection of teams to the entire market place. There is a lack of employee engagement and productivity as accuracy levels decrease, absenteeism increases, motivation is lacking and an unhealthy degree of competitiveness exists.

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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.

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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.

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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. For example, if you run a marketing agency, you may work alongside clients on projects. Remote work is here to stay for a long time.

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New Insulin Price Cap Could End Up Saving Payers Money in the Long Run

HR Digest

By Mark Campbell, Senior Vice President of Clinical Solutions at RxBenefits , the employee benefits industry’s first technology-enabled pharmacy benefits optimizer (PBO) Diabetes has reached epidemic proportions. In the small group market, median savings will be $19, and one-quarter would save at least $48.

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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.

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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

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