Artificial intelligence (AI) is no longer restricted to the realms of science fiction – it is very much part of our lives. The technology can now be found in the workplace, including in HR, and it has already made a significant impact. To make sure you’re current on these rapid changes, let’s take a closer look at how AI is transforming HR in 2021 and beyond.
Business owners, your perpetual concern is to grow your business. But you can't do that if your employees don't see eye to eye with one another.
If your workplace environment is toxic or your employees can't stand one another, you can't nurture your company's future. Therefore, business owners and managers, need to add workplace conflict management to their tasks list as a priority.
Unfortunately, to manage workplace conflicts, there's no straightforward formula available. As people are involved in the process, you can't resolve conflicts using the same approach all the time. In the words of Dale Carnegie —
It’s becoming increasingly apparent that traditional, formal ways of working are not as efficient as once thought. New trends are developing that involve a more relaxed and fun way of working that is not only more enjoyable for staff but also more profitable for their employers. And when morale and engagement increase, employees are more enthusiastic about their work, and productivity increases.
Every business relies on the right talent to thrive. Your employees are the people who drive sales, improve customer retention, and even help your company to grow.
Unfortunately, a lot of new companies struggle to not only find but keep the right staff.
Employee turnover is an often overlooked but significant issue for start-ups and small companies. Not having access to the right talent will immediately prevent you from achieving your business goals.
At the same time, research shows that turnover equates to as much as 213% of a lost employee’s salary, depending on the role.
A happy employee is a productive employee.
But ensuring that all the members of your staff are highly motivated isn’t just about giving them everything they want. Instead, it’s about offering them the things they need.
Of course, this could go beyond monetary incentives. When implemented correctly, the following eight uncommon benefits work better than money in keeping employees happy:
Topics: Workforce Management
Technological disruption is not seen as favorable to workers in most industries. Although change is sometimes overwhelming, it is necessary, and most of all, change in the use of technology is constant. We’ve seen the rise of technological disruption in past decades, and we’ve found ways to overcome these changes. The only thing that’s different now is the speed of change.
It is undeniable that our surroundings can significantly affect the way we feel. That is precisely why it is of the utmost importance that businesses start investing more effort into making their offices more pleasant to spend time in. While it is true that modern-day office designs are miles away from the once-popular cubicles, there still is a lot of room for improvement.
That being said, here are some of the ways you can change your office design, and thus improve the overall atmosphere and mood of your employees.
If you think that just because your organization is small in size, it is not generating a considerable amount of payroll data every year, then get your basics right! Every organization's goals, regardless of its size, is to increase productivity and revenue. To achieve these goals, you need to take some burden off your employees to allow them to invest their attention in the creative fields of your business by entrusting a Payroll Management System to manage cumbersome payroll administrative and compliance tasks.
Working remotely used to be an option for companies that wanted to onboard diverse talent. Now, the practice is mainstream, and nearly everyone is familiar with logging into their company’s system via a virtual private network.
This new virtual work environment has impacted training. Currently, all team members must be trained online regardless of whether they are down the street or across the country.
Developing a training program that satisfies your company’s productivity goals helps employees to grow professionally and maintains organizational culture is a challenge.
Here are four key points to consider when developing effective training programs for teams that are in different locations.
Running a business isn’t easy. From figuring out how to get your idea off the ground, to remaining competitive in your market and continuing to push your company to the next level, you may be feeling a strain on your resources. Many businesses that are just starting out or are only a few years old strive to handle nearly every business-management responsibility in house with a small, but dedicated team; however, this can prove to be a detriment to your company.