With historic quit rates and labor shortages affecting most industries, a new report released by Epignosis reveals how companies in construction, manufacturing, transportation, shipping, and energy are struggling to retain their deskless employees and find skilled workers to fill empty positions.
After a hiatus due to the COVID pandemic, internship programs are back and present an opportunity to select and develop future talent. According to ASE’s 2022 Salaries for Co-Op Students and Recent College Graduates Survey, 88% of the 105 respondents maintain a formal internship program.
Recently there have been several news outlets showcasing the $100 Million in scholarships available through the Detroit at Work programs. There are a variety of options available under the umbrella. There are five scholarship programs designed to give Detroiters access to greater opportunity, better careers, and higher earning power.
2.5 million people retired during the pandemic and experts estimate that of those,1.5 million would not have retired had it not been for the pandemic. Were you ready for these resignations? To compete in today’s marketplace, you need to build your leadership bench, invest in attracting top talent, and develop a culture of succession.
Although HR professionals tend to be highly educated, they must engage in continuous learning in order to maintain and update their capabilities. Most (95%) HR professionals have at least some college, and 39% have a master’s degree or higher. In addition, 61% have some type of certification in HR management. Despite all this education, ongoing learning is still crucial.
For centuries the boss has been known to delegate tasks, lead meetings, make all the decisions, and has the final word on everything. This type of culture can lead to high turnover, lack of innovation, and low productivity. Some think it was the coaching style and ownership that led Matthew Stafford and the Rams to win the Super Bowl – something he could not do for 12 years with the Lions.
Developing good leaders is imperative to the success of any organization. According to SHRM, 76% of employees say their manager creates the culture at work. In addition, a study by Robert Half shows that 50% of employees have quit a job because of a bad manager. In short, managers are important, and it’s a big burden to take on for those new to leadership.
With the pandemic disrupting work culture to an unanticipated level, Korn Ferry surveyed employers around the globe. The study identified 10 human resource trends employers will confront that will impact how, when, and where work will be.
TalentLMS, a leading learning management system backed by Epignosis and Workable, released a report which reveals that 72% of tech workers in the U.S. are thinking of quitting their job in the next 12 months. Top reasons include a lack of flexibility and lack of learning and development opportunities.
With the many interruptions and re-prioritizations being forced upon employers due to COVID-19 for the past 18 months or so, employee development has lagged in many organizations. Employers and employees have had to work through:
Michigan’s Department of Labor and Economic Opportunity will award more than $30 million to employers for worker training and development. If your organization is pursuing 2022 funds to assist with short term training for both new and incumbent employees, applications are accepted September 20 – October 15, 2021.
For several reasons employee development is currently being left behind. One reported reason is training and development expenses have been significantly cut back during COVID-19. In addition to that, ASE is also hearing that employers are limiting employee training because of the labor shortage and business demands.
Work from anywhere, distributed workforce, remote work…whatever you call it, there will likely be some challenges in such areas as payroll, time zones, virtual interviews, and onboarding.
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