6 Steps to Improving Employee Retention

Many companies have fallen victim to the ominous skills gap but only because it’s easier to place blame somewhere else than to address the issue head on. If you’re struggling to find qualified candidates, you might need to take a deeper look at your organization and ask some pointed questions. Are there areas of the recruiting process that are leading to skill gaps? Has a formal assessment been done to uncover skill gaps? Are you using modern learning methods to bridge gaps by upskilling your current workforce.

These are crazy times to be in HR. For more much of the year, we've worried about employees quitting - quietly or otherwise. Now we must be concerned about the impact of a recession -- with no clear answer on what effect that will have on hiring. Many employers want to hang onto their most valuable workers, even as they brace for an economic downturn. No wonder: New-hire quit rates are at historic highs…matching the 35 percent who will quit nationally in 2022. The number of jobs currently open are at record levels -- 10 million open jobs, and the historically low 3.5 percent unemployment rate hasn't budged, even as the economy slows.

Join ERISA attorney Stacy Barrow of Marathas Barrow Weatherhead Lent LLP and ThinkHR Legal Editor Nicole Quinn-Gato as they reveal the common myths and misconceptions companies have about plan document compliance under ERISA, how plan information must be communicated to employees, and the need for a written cafeteria plan document.

Organisations are under continued pressure to manage a highly volatile business environment. This includes rolling out hybrid operating models and addressing increased attention on diversity, equity and inclusion topics. All the while, there is a need to focus on emerging challenges, such as repeated spikes in overall inflation and an increasingly competitive labour market. While HR leaders are expected to help the business define a successful way forward, they recognise that their own strategies and operating models reach their limits, being too unresponsive and ineffective. According to a Gartner survey, 84% of HR functions that have restructured in the past two years, are currently restructuring, or plan to in the next two years. HR leaders need to continue to think about ways to adapt and evolve their own functional strategy, operating model and talent. In this complimentary webinar, we discuss Gartner’s 4 Key Components of HR Transformation that can help you share your strategic value to the business. We also walk through real life examples of what this looks like in action from your peers. Discussion Topics: Understand the four critical components of HR transformation to help you adapt your functional strategy Discover how your peers are evolving their operating model and strategy successfully How you can share the strategic value of your HR transformation to the business