People want to continuously develop in their careers. They’d like regular upskilling and training. They need to know that they have opportunities to progress in your company. If you don’t implement career pathing strategies, you could lose them. A 2019 LinkedIn report found that 94% of employees would stay with a company longer if it invested in their careers. How would you handle losing your top talent tomorrow? The right career pathing strategies can help you retain your top talent. This will also ensure that your company has the skills and resources it needs to remain competitive and releva... view blog & white papers details

Every worker has a unique trait. This means they can manage job roles differently. In addition, they can also learn and master a task in diverse ways. One worker may have different core competencies to another. Understanding core competencies that a role requires is critical for HR experts. They need to match a worker’s core competencies to their job roles. This is the best way to measure a worker’s success in their career journey. What are Core Competencies? These are qualities that a person brings into the workplace. These are a blend of a worker’s skills, attitudes, knowledge, and behavior.... view blog & white papers details

2020 was when everything suddenly shut down. Most companies shifted employees to work remotely did because they had to. For some workers, it was a smart choice. While some were desperate to get back to the office. Most had mixed feelings, but they appreciate the flexibility. To attract and keep workers, many firms experiment with hybrid work models. They do this to offer the best of both remote and on-site work. There are benefits and challenges to most work settings. Here are some things to think about before exploring a hybrid work model. What is Hybrid Work Model? This is one of many exampl... view blog & white papers details

Companies can motivate their workers in numerous ways. For some, a high salary can motivate them to work harder. For others, they need to have some form of recognition or award to inspire them to be better. But there are also workers that find motivation when they receive bonuses. But companies must know everything about bonuses before they use them as a motivational tool for their workers. It is best to know what are types of bonuses and how these bonuses affect the workers. What is a Bonus Structure? Most companies also refer to this as the worker’s incentive scheme. It includes rewards and ... view blog & white papers details

There are various processes within a company that can be tough. For one, processes involving workers’ compensation is a good example. There are massive data, complex models, and various aspects to consider for these processes. To make things easier, firms use the latest technology. One example is compensation management. They usually have compensation software to help with tedious and time-consuming tasks. Also, pay equity is one of the most talked about topics involving pay. As a result, firms also employ the latest tech to manage it. Compensation Management Every company uses compensation ma... view blog & white papers details

Welcome to the fifth edition of the “compensation corral” – a monthly round-up summarizing 10 topically relevant articles in compensation trends. The European Union's General Data Protection Regulation (GDPR) went into effect on May 25, 2018. The GDPR has been a hot topic in the HR industry lately. And compliance, salary history inquiry bans, and artificial intelligence (AI) lead the conversation. Here’s the top 10 articles we feel are worth the click: 1) Smart Trend: Tips to Ensure Your Compensation Plan Is Compliant with the Law When creating a pay plan, it's not just the employer and employ... view blog & white papers details

Facilitating knowledge and skills transfers across teams and departments is an important component of an organization’s operations. If effective, communication, collaboration, and growth can thrive. Organizations can struggle to find the right balance when deciding what to do, however. In this article, we will dive into what the best practices are for facilitating knowledge transfer and skills development across teams and departments. Let’s begin by understanding the needs of an organization. Understanding the Needs of an Organization Before ensuring skills transfers and knowledge sharing are ... view blog & white papers details

Building external partnerships can enable your employees to expand their capabilities and develop their skills and competencies. When done effectively, new knowledge penetrates different areas of your organization. A positive impact on productivity and efficiency can occur as a result. In this article, we will walk you through what external partnerships may look like. We will also learn about the benefits of collaboration with external partnerships. Without further ado, let’s begin by understanding why you need to identify skills and competencies gaps in your organization. Identify Skills and ... view blog & white papers details

Effective skills and competencies initiatives are essential for an organization’s success in the future. How can organizations ensure that these initiatives are cost-effective and efficient, however? In this article, we will answer this question and give you some tips on how to make sure that your skills and competencies are cost-effective and efficient. Let’s begin by discussing what skills and competencies initiatives are. What Are Skills and Competencies Initiatives? Skills and competencies initiatives are used to develop the skills and abilities of an organization’s employees. Employers de... view blog & white papers details

If the pandemic taught us anything it’s that smooth sailing is never guaranteed. It’s important to prepare your company for unexpected hiccups. At the forefront of this is actively future-proofing your workforce. The aim is to have the right talent and skills at every position and at all times to evolve with industry changes. Recent Workforce Shifts Nobody expected the pandemic and its effects on the way we work. So, if you can’t predict the future, why should you plan for it? Well, many of the changes we saw weren’t exactly out of the blue – they were just accelerated. Here are some of the re... view blog & white papers details