CoAdvantage-The employment marketplace is facing incredible challenges – labor shortages, the so-called Great Resignation, huge changes in workplace policy thanks to the pandemic, the acceleration of technological changes like increased automation, and more. Employers are struggling to find, recruit, train, and retain qualified labor; and business owners are more pressed for time than ever, struggling[…]
CoAdvantage- Outsourcing HR offers numerous advantages for businesses both big and small. Some of the benefits are obvious: gaining time, saving money, and improving the organization’s overall competitive posture. But other advantages might surprise you. The bottom-line is that outsourcing frees the employer to get down to business rather than shouldering HR issues in addition to[…]
CoAdvantage- The new year brings not only new goals, but new challenges for HR. Following another year of the pandemic, businesses are reevaluating their approach on handling all-things HR. Here are the top 5 HR trends to lookout for in 2022. 1: Falling Unemployment Perhaps thanks to the so-called Great Resignation, labor issues have been[…]
CoAdvantage- The holidays can be a fun time of year. It can also be incredibly stressful season; and in a year when employers are simultaneously facing a pandemic and may be short-staffed, it’s critical to be smart about how you manage your workforce during this period to stay in compliance with all relevant labor laws.[…]
CoAdvantage- What is strategic HR? The idea of strategic HR is a relatively recent invention in the world of business. It dates back to 1984 with the publication of Strategic Human Resource Management by Charles Fombrun, Noel Tichy, and Mary Anne Devanna. A historical overview of the concept of strategic HR neatly summarized their definition[…]
CoAdvantage- The Professional Employer Organization (PEO) industry is booming. A report from the National Association of PEOs looked at PEOs over the past decade and found an industry whose growth had outpaced even normal employee growth. Specifically, since 2008, the compounded annual growth rate of the PEO industry has exceeded the comparable growth rate of[…]
CoAdvantage- Traditionally, business leaders have seen Human Resources as a cost center functionally oriented around transactional tasks like processing payroll and administering benefits. That view is rapidly changing, and HR is increasingly serving as an active, collaborative, and strategic partner to the C-suite. That’s because it has become increasingly apparent that HR can actively create[…]
CoAdvantage- In any organization, it’s critical to ensure that the people you hire can work seamlessly as a team, even (or especially) when they have very different personalities from each other. But how can organizations achieve that? It starts with understanding different personality types and what role, if any, they play in the workplace. “It’s[…]
CoAdvantage- Yes, strategic HR can really improve business operations! In fact, world-class HR organizations (as opposed to average or typical HR organizations) operate at 25% lower cost and with 31% fewer staff, according to the “World-Class HR: Transforming HR to Prevail in the Next New Normal” report from The Hackett Group. More to the point,[…]
CoAdvantage-Yes, argues HR management consultant Josh Bersin, suggesting that technology and artifical intelligence are completely changing how HR functions. In a paper published earlier this year, he suggests that “new user interfaces and AI-enabled agents” are transforming how employees interact with HR. He calls this trend the “disappearing HR system.” In other words, the process[…]
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