HR

Human resources in most industries have long since changed from solely handling onboarding paperwork and developing organizational policies. In 2020, many companies around the world had to abruptly implement changes in the way they run their operations. There are many new local and federal employment regulations as well as best practices surrounding remote work,  on diversity and inclusion, and psychological safety, amongst others. In fact, HR's role has also been affected by the availability of digital tools that significantly change the way they handle their tasks. Human Resources must be able to adapt to these developments and keep up with all the [...]

If you’re an employer, you are responsible for the safety of your employees. Besides ensuring you have a safe workplace and your employees have everything they need to get their tasks done safely, you should also think about their physical fitness. Here in Canada, a growing number of employers are considering Physical Employment Standards (PES). Physical Employment Standards (PES) Over the years, PES assessments are used for various occupations in different industries. With the help of PES, employers can help reduce the risk of workplace accidents. Therefore, many employers implement PES to ensure workers go through critical tasks at an agreed-upon [...]

The current workforce landscape is a bit of a managerial challenge for most companies. If you belong to an organization with an uneven labour force, then maybe you can relate. Uneven labour force means that there might be too many people in managerial positions with relatively few people to train, or it could mean having too many new people to train but with ready-to-retire managers. This situation can cause instability throughout the whole organization because it will affect performance and can lead to poor decision-making, resulting in delays and other ripple effects. With an even workforce landscape however, career transitions [...]

Any significant organizational change can affect your talent retention, especially during big movements like mergers and acquisitions. Expect turbulent times and many questions, especially from concerned employees who will naturally want to know how such a move will affect their role, status, and overall security within the company. Ultimately, successfully pulling off a merger or an acquisition comes down to helping your organization embrace change which should include formulating and communicating a change management process. The role of human resources is to prepare your people and the organization for such a big move. The key is to allow employees to embrace [...]

No matter what industry you're in or where you are in the world, employee turnover is a going concern for companies and organizations alike. Whenever an employee decides to leave, the entire organization and the team get affected. Gallup recently conducted a study where they discovered that for an individual employee to be replaced, the business will end up spending anywhere from half to double their annual salary. Let's look at some of the top reasons why employees end up making the choice to quit their jobs: Feeling Limited or Stifled It is crucial for your employees not just to [...]

Business success happens due to a variety of factors—you may have reached your quotas, you’ve managed to sign a deal with a huge client, or you’ve adopted automation for better and more profitable practices. All of these boil down to one crucial fact—they’re all thanks to the people involved. In other words, your company is only as good as the people you employ, regardless of business nature. Unfortunately, this also means that a single low-performing employee can drag everyone down, eventually affecting your company’s success. A rigorous recruiting and hiring process may help you from suffering from such candidates, but [...]

People are a company's greatest resource. Businesses must invest in their employees and provide them with what they need to grow. If they do, people will be more likely to hit business goals, be fulfilled in work, and offer suggestions to bring the company innovations. The HR or human resources department is well-placed to provide employees with opportunities to develop their skills and bring new things to the table. The Role of Human Resources in a Company HR or human resources is an umbrella term for how a company manages and develops employees to increase performance. In the past, HR focused on [...]

A business will not thrive, let alone survive, without a great product. However, it pays to remember that other crucial elements impact an organization’s success. Human resources need to be top of mind for leaders, as it is the people of an organization that makes it thrive. Companies need to attract and take care of their employees as they are the lifeblood of the company. They make it possible for it to function and achieve its goals. Considering this, as a manager, you need to think of ways on how to effectively lead your people to work towards your company’s targets. [...]

Employees come and go. Businesses experience and struggle with employee turnover at some point. This is an inevitable reality that firms and organizations must face. On top of that, it’s worth noting that the retention crisis will only get worse in the future. This is because the competition for talent is becoming increasingly fiercer. Moreover, millennials—also often dubbed as the job-hopping generation—are comprising a larger part of the workforce. It is for these reasons that you must work on reducing your turnover as much as possible. Having employees leave your company one after another will take a toll on your [...]

When a company does not succeed in engaging, developing and nurturing its employees, employee turnover is likely to occur. The reasons for turnover can vary but the cost will remain the same. It costs organizations between $4,000-$60,000 to replace an employee. This amount varies depending on the annual salary of the role and includes costs such as direct hiring, the hiring managers and HR’s time, productivity loss, overtime, training of the new employee, etc. While some turnover cannot be prevented, some can, and those cases will require your extra attention as a deep-seated issue within your organization could be the [...]