article thumbnail

McKinsey’s 9 Months Pay Leave Offer Extends Support for Finding a New Job

HR Digest

After reducing the headcount at the company by 1,400 employees last year, the company has still seen evidence of areas where they might be overstaffed and the news comes as a result of them downsizing their human resources yet again.

McKinsey 104
article thumbnail

2020 Top CHRO List – The People Leaders To Watch

N2Growth Blog

These Human Resource leaders represent the top 25 human resources leaders shaping careers, culture, and talent at the world’s most innovative people driven companies. Put simply, how do you judge the success of a chief human resources officer, and who qualifies for the 2020 Top CHRO List?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Big Shift: Demand for Future Work Skills in 2021

HR Digest

The battle of the world against the pandemic shook up the workplace, requiring swift accommodation and responses to skills gaps and skill shifts. Updated skills are the currency for future-proofing your career. The Skills Dilemma. And what skills will matter to you and your organization in the future? . “If

Skills 145
article thumbnail

7 Successful Strategic HR Best Practices to Optimize Performance

HR Digest

According to its proponents, there are certain human resource laws and regulations that support companies in reaching a competitive advantage regardless of the organizational setting or industry. Hire skill based people People are the heart of any great business. What are HR Best Practices?

article thumbnail

The Essential CHRO Roles Every CEO Must Support

HR Digest

Companies must depend on their chief human resources officers (CHROs) in creating corporate values necessary to achieve success. Most CEOs rank HRs as the eighth most important function in their organization, according to a research by McKinsey. The role of the CHRO should involve reconciling this gap using predictive skills.

CEO 63
article thumbnail

Win the Race for Talent – Talent Management magazine

Chart Your Course

can no longer count on influxes of foreign talent to meet skill needs. Germany, Japan, South Korea, Brazil, South Africa and many other nations now face growing skills and jobs mismatches as well.There are two principal causes:1. The continuing spread of digital technology across every business sector raises job skill requirements.2.

article thumbnail

The Threat of Workplace Automation in Future

HR Digest

A recent McKinsey study estimated that as many as half of current jobs could be automated, and predicted 400 million jobs worldwide will be automated into nothingness by 2030. The other impact of automation would be that highly skilled jobs will be controlled by a very few select people leading to a sharper divide in capital ownership.