Problem-solving skills are essential in both personal and work situations. They help you handle challenges well and get the results you want. Good problem-solving improves decision-making and resilience in handling conflicts and helps businesses succeed. Continue reading to learn the essential steps and skills required for efficient problem-solving. Define and Understand the Problem Good problem-solving starts by clearly defining the issue and understanding it completely. This involves: Identifying Specific Challeng... view blog & white papers details
When sales are in a slump, it can feel like you are stuck in quicksand. No matter how hard you try to push forward, your efforts barely budge the numbers. But do not panic or lose hope just yet. Sometimes a shift in strategy is all you need to get momentum rolling again. This article will explore some of the top ways to maximize productivity when sales are lagging. With a few tweaks to your process focused on efficiency and revenue growth, you can pull yourself out of the sales doldrums. These tips will help you identify opportunities, revamp ineffective tactics, and set yourself up for succes... view blog & white papers details
Available employee benefit programs in different countries and states in the US vary. Each year, there have been some changes in benefits programs. Some policies set rules to improve them. In 2023, what are the employee benefit programs that we should watch out for? Employee Benefit Programs: Federal Benefits 2023 An announcement revealed Federal Benefit Open Season for the 2023 plan year. The public learned about the Federal Benefits Open Season for the 2023 plan year for health insurance under the FEHB Program. The plan includes vision insurance under FEDVIP and flexible spending accounts un... view blog & white papers details
Start with the job description when searching for a new job or filling a position. This tool outlines the responsibilities, requirements, and expectations of the role. For job seekers, it reveals what the company seeks in a candidate and helps determine if it's a good fit. For employers, the job description guides the interview process and reflects the ideal hire. What Is a Job Description? A job description outlines the key details of a position at a company. It specifies the role's essential duties and responsibilities so employers and job seekers can determine if there is a good fit. A thou... view blog & white papers details
How recruitment technology transforms hiring Current hiring technologies enable users to recruit differently than traditional methods. They have a broader reach, reduced bias, faster processes, and make better hiring decisions. Here are four key examples of how technology is streamlining and improving recruitment. Precise outreach Social media is effective at matching the right talent with the role. This personal approach comes with better response rates. A streamlined pre-interview process Resume screening software finds better quality candidates by parsing through high volumes of resumes. Th... view blog & white papers details
Talent acquisition has changed in recent years. From the economy to the pandemic, to the possibilities afforded by technology. Here is a list of the current challenges the function faces: Not enough high-quality candidates Unemployment is unusually low. While great for the economy, it makes hiring top talent a challenging task. Increased competition With a smaller pool of candidates, organizations must compete to get the right talent. Employers must streamline their hiring process and improve their compensation strategies to hire the best. Overreliance on outdated methods Job boards are no lon... view blog & white papers details
The financial services industry operates on a global scale. This reality makes it necessary for companies to compete for talent on an international level. However, managing pay and performance across different countries is no easy task. This article aims to help navigate these challenges by exploring the importance and complexities of global compensation in the finance sector. It also discusses the problems companies face and offers tips for overcoming them. Furthermore, it dives into continuous performance management, a crucial factor in achieving success in this industry. Understanding Globa... view blog & white papers details
Talent acquisition has changed in recent years. From the economy to the pandemic, to the possibilities afforded by technology. Here is a list of the current challenges the function faces: Not enough high-quality candidates Unemployment is unusually low. While great for the economy, it makes hiring top talent a challenging task. Increased competition With a smaller pool of candidates, organizations must compete to get the right talent. Employers must streamline their hiring process and improve their compensation ... view blog & white papers details
HR teams are constantly looking for ways to better understand their pay data to answer questions and solve problems. But diving into pay analytics is not always easy. This article will explore how to dig into the numbers in a meaningful way. It provides real-world examples and offers tips on how to break down and analyze pay data. With the right analytics approach, pay programs can move from art to science. So grab the spreadsheets and dive deep into pay analytics. Using Compensation Analytics to Benchmark Salaries ... view blog & white papers details
Creating a good compensation plan is a crucial part of a company's strategy. To do this, organizations consider factors such as the salaries offered by competitors in the same industry, their financial standing, and the productivity of each employee. Understanding these market factors is essential for making plans that help attract, motivate, and retain the best employees. > Economic Conditions The economy strongly influences how companies decide employee pay. When the economy is good, companies earn more and can offer higher salaries and better benefits. But when there is an economic downturn... view blog & white papers details