There are many reasons why employees quit:
They feel their salary is too low.
They don't see a clear career track or professional development opportunities.
They want more flexibility at work and in their personal lives.
They don't feel valued or appreciated for their efforts and skills.
How you respond when someone quits makes a big difference to company morale and to your ability to prevent similar resignations in the future.
For a business, the process of interviewing candidates and hiring people who are well-suited for the available positions is key. Not only do you need to stand out from your competition, but you also must be intentional about whom you hire so as to not offer the job to the least-suited candidate.
Workers who are considered employees do not have to pay their own taxes during the year. Instead, employers withhold income tax from their employees’ paychecks and pay it to the IRS on behalf of the employee.
The science of onboarding is much more elaborate today. It should not be confused with orientation, which is basically a crash course where you find out where the nearest restroom is and other essential information. Onboarding is an extended process that can last from about three months to a year and is intended to introduce the company's policies, culture, business processes and systems to a new employee.
Workplace burnout can lead to a slew of physical and psychological ailments. Serious conditions range from heart disease, high blood pressure and diabetes to mental and emotional illnesses.
If qualified people aren't responding to your job postings, it's probably because they don't find them compelling enough. Remember, other employers are vying for the same talent as you. Therefore, your job ads need to capture the attention of the people you're trying to reach.
People with arrest or conviction records attached to their names often face steep if not insurmountable barriers when seeking employment. As such, re-entering the workforce post incarceration can be brutal and seemingly impossible.
The younger generations are feeling anxious about the state of the economy and the rising costs of living, as well as job instability in the tech industry. As a result, they are turning to HSAs to help them stay on track with their financial and savings goals. HSAs are accounts that provide tax benefits to both employers and employees, helping them navigate the rising costs of living and health care expenses while planning for the future.
It may happen that job candidates show up with more skills and experience than you expected. They may have attained a higher level of education or been around the block an extra few times in the industry. As a manager, would you be enthusiastic about hiring a new source of talent like that? Or would you be nervous about rocking the boat by introducing new performance criteria or creating resentment from other team members?
Lawmakers and regulators are increasingly scrutinizing whether AI hiring tools unintentionally perpetuate bias. While these tools can streamline hiring processes, they may pose a compliance risk if they discriminate against certain candidates.