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Article | February 10, 2020
You never get a second chance to make a first impression. This holds particularly true when it comes to employee onboarding. It's a new hire's introduction to the organization and the experience has a significant impact on employee retention. Unfortunately, that's why it's rare to see many employees with years of tenure. Research by Future Workplace found that 91% of Millennials expect to stay in a job for less than 3 years. Companies lose 25% of all new employees within the first year, according to SHRM, but almost 70% of employees are more likely to stay with a company for 3 years if they experienced great onboarding.
In recent weeks, the Office for Civil Rights (OCR) has announced that it will exercise discretion when it comes to enforcing the Health Insurance Portability and Accountability Act (HIPAA) during the COVID-19 pandemic. Penalties will not be imposed on businesses for 'good faith uses and disclosures of PHI by business associates for public health and health oversight activities'.
Although offering welcome respite for healthcare companies and their associates as they focus on saving lives, the respite is actually short-lived and shouldn’t be seen as a potential free pass. Critically, the discretion does not extend the length and breadth of the Privacy Rule, meaning there’s no let up on the need for businesses to safeguard data confidentiality and the secure transmission of electronic Protected Health Information (ePHI).
Getting a transformation right under normal business conditions is hard to do. In fact, according to our research, about 70 percent of transformations fail. But right now it’s perhaps even harder—and more critical—than ever.In the midst of the COVID-19 outbreak, leaders are being asked to move fast and make big decisions with unprecedented frequency. Carrying out those decisions, and creating change that matters, will rely heavily on the capabilities of their people.
The term 'burnout' has been around for a while now, but we're starting to see and hear more about employees 'burning out' in recent years.
The World Health Organisation are now officially recognising employee burnout as a major health risk, but in the past, burnout symptoms have often been misinterpreted as tiredness, disengagement or even laziness. Fast forward and a Gallup survey has found that the top five reasons for employee burnout are actually.
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