Human Resource Knuggets
Jun 16, 2024
Dear HR Professionals,
In this week’s newsletter, we’ll be discussing some of the most important trends and issues in human resource management that are shaping the industry. From the impact of return-to-work policies on turnover, to the evolving employee expectations driven by inflation and AI, and the significance of employee benefits in addressing waning engagement, there are several key themes that HR professionals should be aware of in order to develop effective strategies for their organizations.
First, let’s look at the impact of return-to-work policies on turnover. According to a recent survey by BambooHR, 1 in 4 executives hoped for turnover with the implementation of these policies. Some managers even believed that their organizations conducted layoffs because fewer workers quit during the return-to-work transition than expected. This trend highlights the need for HR professionals to carefully consider the implications of these policies on employee retention and develop strategies to mitigate turnover.
Next, the evolving employee expectations driven by inflation and AI are reshaping the world of work. ADP research indicates that 2024’s talent trends will likely drive “seismic change” in the workplace. As such, HR professionals need to stay ahead of these trends and develop strategies to attract and retain top talent in this rapidly changing landscape.
Finally, the importance of employee benefits in addressing waning engagement cannot be overstated. Research shows that employee engagement is waning, and as employers work to address that obstacle, some are taking a closer look at their benefits offerings. This Trendline highlights the significance of benefits in retaining and engaging employees, and HR professionals should consider this as a strategic priority for their organizations.
In conclusion, HR professionals need to be proactive in addressing these trends and issues in order to develop effective strategies for their organizations. From managing the impact of return-to-work policies on turnover, to adapting to evolving employee expectations, and prioritizing employee benefits to address engagement, there are several key themes that should be top of mind for HR professionals in today’s rapidly changing workplace.
Thank you for reading, and stay tuned for more insights and updates in our future newsletters.
Sincerely,
[Your Name]
Themes:
- Impact of return-to-work policies on turnover
- Evolving employee expectations driven by inflation and AI
- Importance of employee benefits in addressing waning engagement
Email Sources:
– “Weekender: Public-sector HR director is immune from employee’s lawsuit, 11th Circuit holds” from newsletter@divenewsletter.com
– “Weekender: 1 in 4 executives say they hoped for turnover with return-to-work policies” from newsletter@divenewsletter.com
Stay Well!