ChatGPT, and now GPT 4, and other similar artificial intelligence tools (AI) are proliferating through the marketplace.  Unlike other disruptive technologies that would create new jobs to support it, AI may have the opposite effect.  A study by Goldman Sachs reported that 300 million jobs may be lost due to AI.  It may also be a wage suppressant.

A large share of workers say they aren't taking vacations, often due to the high costs, according to research by Eagle Hill Consulting. 39% of U.S. workers report that they have not taken a vacation during the last 12 months. Nearly half of workers (45%) state the reason as being it’s too expensive. This is another effect of inflation.

Over the years, HR has evolved from personnel to human resources to business partners to HR consultants and more.  However, often HR remains very transactional, with minimal involvement in strategic planning and decision-making.  In part, that is the design of HR as the facilitators of people within an organization to constantly putting out fires as legal compliance grows.  But in 10 years from now, will HR change from transactional to more strategic roles?

Artificial intelligence (AI) has revolutionized the way Human Resources (HR) operates. As the HR landscape becomes more complex, HR practitioners need powerful tools to manage and support employees effectively. AI can offer HR practitioners an efficient and effective way to automate and streamline various HR processes. By leveraging AI, HR practitioners can reduce the time and resources required to manage HR processes while improving the employee experience.

One area that has plagued our nation’s recovery from the pandemic has been the sluggish labor force participation rate (LFPR).  According to recent analysis by the Federal Reserve, the February 2023 LFPR was 0.8 percentage points lower than its February 2020 level. This gap in participation amounts to 2.1 million individuals who are not part of the labor force.

A Stanford professor of organizational behavior makes an interesting observation about certain employer lay off practices. He believes when certain industries start laying off employees in anticipation or reaction to a perceived business downturn that in many are just copying off one another rather than reducing their workforce by necessity.

Are your employees passionate about a cause or do they want to volunteer at their kids’ reading day for an hour?  Then it’s time you look at offering VTO – Volunteer Time Off.  It is proven to improve employee engagement and productivity.  It is also great for your brand.

If you have a teenager in your home, you’ve likely heard many of their terms….and maybe had to ask them what it means or secretly google it.  This year, Gen Z will turn anywhere from 11 to 26 years old.  This means many of them are now bringing their slang to the workplace.

There has been a lot of discussion recently around ChatGPT and how it affects HR and the workplace.  So, as an experiment I tried it.  I asked ChatGPT to write me 500 words on the effect of ChatGPT on HR.  This is the unedited response it generated:

We are officially in a post pandemic workspace now.  What does that mean?  We probably are managing remote teams, figuring out smarter ways to work, and meeting more efficiently. 

A recent article on Safeguardglobal.com shared some quotes from leaders on their thoughts about the future of work. With our upcoming Future of Work panel discussion at the HR Conference on March 16th, I thought I would share some of the quotes shared in the article as well as some from our panelists.

Just as companies have adapted to remote work, a new development in workplace flexibility may be on the horizon: the four-day work week. In fact, two recent studies have shown that this work arrangement could offer significant benefits for both employers and employees.

By now, many have heard of ChatGPT and the efficiency it has provided for many. ChatGPT was created by OpenAI, an AI and research company.  ChatGPT is a chat box which uses natural language processing driven by AI technology in an open environment.  Currently it is free to use, but eventually it will likely be monetized because the actual computing costs are high.  ChatGPT in its current form can provide answers to questions, write emails, compose essays, and write code. 

The layoff tidal wave is growing.  The downsizing of Q4 continues into the new year as companies slash staff.  This is the last thing employers and employees want to see happen. It means financial uncertainty for all parties involved. The reality is that sometimes these measures must be taken.  Let’s define the differences, the pros, and cons.

A survey conducted by Human Resource Executive (HRE) in late 2022 revealed that the top five things keeping HR up at night includes hiring and retention, stress, culture, technology, and learning and development.