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The Right Way to Cut Costs

HR Digest

As HR leaders, managing budgets and finding ways to cut costs without compromising employee satisfaction and productivity can be a daunting task. This requires a thorough analysis of your workforce productivity and workload distribution. But how can you ensure that you are making the right cost-cutting decisions?

Cost 105
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Skills necessary to compete in rapidly evolving markets

Strategy Driven

It refers to preparing to compete using familiar techniques, against competitors you’ve faced before, in the same markets or industries, only to discover that the rules have changed. In these market battles everyone eventually loses, because quality, customer service and margins fall. You’ve heard the saying “fighting the last war”.

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Playing the Long Game: The Employee Retention Process in HR

HR Digest

While it can feel like a localized issue, such market changes are just as possible in U.S. Whether it’s a fresher role or one that requires experience, Qualee reports that it takes a new hire approximately eight months to reach their full productivity. industries and it emphasizes the importance of the retention process in HR.

Process 59
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Key HR Trends for 2022 and Beyond

HR Digest

At the core of his management theory was the idea that employers should turn their workplaces into psychology labs, measuring and monitoring employees’ every move to boost their productivity and reduce their stress levels. By 2022, VR in enterprise training market is estimated to peak $6.3 AI & Machine Learning.

Trends 116
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The Disconnect that Keeps Your Company from Performing at its Peak

Strategy Driven

These executives tell me frankly that they don’t have the revenue stream, the market share, or the margins their products and services deserve. Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. I call this obstacle The Disconnect.

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Align the Scales Correctly for a Better Work-Life Balance

HR Digest

Most of us spend more of our lives wondering how to balance work and life than seeing any success in it, and over time, this affects both our productivity and our overall health. Competitive Job Market and Fringe Benefits Technology, industries, and the requirements of the workforce are evolving faster than ever.

Tips 119
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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Technology has exploded, giving us instant access to information and knowledge, and it all moves and changes so fast that some of what Boomers have learned during their careers may be obsolete. What is the historic attrition and turnover rate and how do these map to the skills that keep you competitive? Who will do this work?

How To 72