To help mitigate employees’ financial stress, providing the right resources to help employees understand their money goals and giving them the tools they need to achieve these goals requires financial education and support. Enabling employees to meet their short-term goals, such as paying the bills, as well as their long-term objectives like saving for a home or retirement can help relieve this stress. It really is no different than any other type of wellness. It’s all a matter of helping people find out where they currently stand, where they want to be and how to get there, the same as with dietary, fitness or productivity goals.
In the process of reexamining their approach to learning and development, companies have been looking at their strategies, technologies, and processes to uncover ways to better develop the workforce and close skills gaps. What really needs to happen, though, is for the organizations themselves to make a shift, developing and sustaining a culture of continuous learning.
By focusing on these core essentials, organizations can put themselves in the best position to meet their rapidly evolving skills needs — now and in the future. The key is to employ technology that is intelligent and agile enough to adapt and evolve as the business requires it. Having a workforce training strategy aligned with the business is a great start but without the technology to execute on that strategy, companies cannot move forward.
Measurement and analytics allow organizations to identify, assess and understand the magnitude of obstacles. Understanding the size and magnitude of obstacles allows leaders to prioritize what needs to be addressed immediately, over time and in the long-term.
Welcome to the world of extended enterprise learning, where the learning function must deliver high-quality content to distributors, resellers, franchisees and customers. This space is becoming much more relevant as companies seek to extend the kind of experiences they created internally to critical groups outside the organization’s four walls.
The analyst team provides new data and insights on the impact of the COVID-19 pandemic on human capital management. Other focuses of the past two weeks include women in leadership, a talent-acquisition technology selection guide and profiles of technology providers in learning, talent management, talent acquisition and workforce management.
Brandon Hall Group research shows that 80% of companies believe identifying future capabilities of the workforce is critical, but only 44% say they are effective at it.
By Claude Werder, Vice President and Principal HCM Analyst, Brandon Hall Group HR transformation is a hot topic for discussion. Often, the focus is on the use of AI, RPA and machine…
By Cliff Stevenson, Principal Analyst, Talent Management and Workforce Management Count yourself lucky if you don’t have to spend as much time at HR-related conferences as I do, but I can…
By Claude Werder, Vice President and Principal HCM Analyst, Brandon Hall Group Nine out of 10 organizations believe performance management is important or critical to individual and organizational performance, according to…