Emotional Compensation: An Employee Engagement and Retention Tool | Benefits Collaborative

First came the pandemic, which was followed by The Great Resignation and the labor shortage, and now quiet quitting. Employers are challenged to attract and retain employees among all these upheavals, keep them engaged, and maintain a psychologically safe work environment. Higher wages, hiring bonuses, increased benefits packages all sound like possible solutions. If your current retention strategy is not having … Continued

What Is Human Resources in the Modern Workplace? | Benefits Collaborative

Human Resources management is always evolving. Over the years, it has become a more prominent part of every business because it is principally responsible for recruiting and retaining the talent that allows the organization to achieve goals and flourish. No longer merely an administrative department, Human Resources professionals align talent management and hiring decisions with … Continued

Workplace Wellbeing: 5 Recommendations from the U.S. Surgeon General | Benefits Collaborative

The U.S. Surgeon General, Dr. Vivek Murthy, recently released the Framework for Workplace Mental Health & Wellness to set a new standard for expectations of employers. In this new normal, Human Resources leaders must take some responsibility for the wellbeing of those who work in their organization. The report is comprehensive and includes research and data supporting the need … Continued

What Employees Want: Financial Wellness | Benefits Collaborative

“Financial Wellness” is getting a lot of buzz these days — and for good reason!  After all, today’s workforce is overwhelmed by mounting student debt and other rising expenses. Financial wellness refers to a person’s overall financial health and is one of many factors that makes up employee wellbeing.  We often think of wellbeing as … Continued

4 Ways to Recession-Proof HR | Benefits Collaborative

By all accounts, the United States is likely heading into a recession. Already, the country experienced two consecutive quarters of declining gross domestic product (GDP), which is a red flag. Other signs include inflation, the cooling down of venture capitalist’s investment, a declining stock market, and varying interest rates. However, a strong job market persists, which … Continued

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