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Showing posts from July, 2025

LGBTQ+ Employees Face More Bias, Less Job Satisfaction

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  In April 2025, new data from WorkL painted a clear picture: while workplace happiness saw a slight boost for heterosexual employees, LGBTQ+ workers experienced a downturn. Feelings of empowerment, job satisfaction, and pride in their work have all dropped significantly for LGBTQ+ individuals over the past year. These shifts reflect more than just individual experiences—they point to a broader cultural and political change that’s now showing up inside the workplace. For more details please visit our website - https://www.hroutlook.com/2025/04/17/lgbtq-employees-face-more-bias-less-job-satisfaction/

AI Skill Demand Soars, But In Unlikely Areas

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  The Technology Trends for 2025 report by O’Reilly highlights a significant shift in technology trends, particularly in artificial intelligence (AI) and cybersecurity. Interest in AI-related skills, especially in prompt engineering, AI principles, and generative AI, has surged. However, there was a noticeable 13% decline in interest specifically for GPT, indicating a pivot away from platform-specific skills towards foundational knowledge applicable across AI models like Claude, Gemini, and Llama. This transition underscores AI’s evolution from a generative tool to a transformative force reshaping the development landscape. Mike Loukides, vice president of emerging technology content at O’Reilly, emphasized that AI’s role is shifting beyond just generative capabilities. As foundational AI skills gain prominence, professionals must prioritize upskilling to integrate these technologies effectively into their operations. For more details please visit our website - http://www.hroutlook...

Survey: 58% of Employees Intent on Job Hunt within the Coming Year

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  In a recent survey conducted by iSolved, a human capital management platform, over 1,100 full-time workers in the US were asked about their work perspectives for the annual Voice of the Workforce report. Surprisingly, the survey revealed that a significant 58% of respondents are contemplating seeking new job opportunities within the next year, marking an 11% increase from the previous year. Although the survey doesn’t delve into the specific reasons behind this inclination to leave, 31% of workers cited their attachment to the work they do, while 24% expressed appreciation for their current company as the reason for staying. The report emphasized the importance of providing employees with a sense of purpose and fostering a positive culture, highlighting their impact on morale and overall job satisfaction. For more details please visit our website - https://www.hroutlook.com/2023/12/09/survey-58-of-employees-intent-on-job-hunt-within-the-coming-year/

Survey: Fear-Based Leadership Found in One-Third of Managers

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  A recent report by executive leader Margot Faraci revealed a concerning trend: over a third of up-and-coming leaders in the U.S. operate within a culture of fear, causing a staggering $36 billion annual loss in productivity for the economy. The survey, encompassing around 2,500 managers aged 24-54 in large corporate offices, highlighted fear-based leaders as those commonly experiencing anxiety, micromanagement tendencies, imposter syndrome, anger, and reluctance to accept feedback. This toxic environment results in a significant loss of productivity, with affected companies losing an average of 10 hours per week per fear-driven leader, equivalent to about $28,750 annually per leader. For more details please visit our website - https://www.hroutlook.com/2023/12/09/survey-fear-based-leadership-found-in-one-third-of-managers/

Is WeWork’s Bankruptcy the Final Blow to Flexible Offices?

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  Does WeWork’s failure sound like the death knell for coworking spaces? When WeWork filed for Chapter 11 bankruptcy, it reminded us of earlier remarks by CEO Sandeep Mathrani on digital-first workflows and the upheaval of traditional work practices. He noted the shift in the industry, and how WeWork was seeking to improve their range of products to fit this transformation. By August 2023, it would be easy to understand why the Q2 earnings of the WeWork Company had raised many questions about its survival. Although offices require employees to return in a phased manner, the worth of intermediary workspace providers such as WeWork, Industrious, and Regus is highly contested. The earnings of WeWork have revealed some measures to save its position. Despite their request for further clarification with regard to their liquidity statement, however, WeWork still pledged its support of certain regions with poorer recovery such as the Washington D.C. metropolitan area. For more details plea...

Leadership Development Yields a 7x ROI, Report Highlights

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  Investing in leadership development programs for employees can yield substantial returns, with a report from BetterManager and The Fossicker Group, published on September 21, revealing that, on average, companies can expect a sevenfold return on investment (ROI) for every dollar spent on such programs. The key driver behind this impressive ROI is the boost in revenue and sales resulting from leadership development participation. Additionally, cost savings are achieved through higher employee retention rates, which reduce recruiting expenses. For more details please visit our website - https://www.hroutlook.com/2023/12/09/leadership-development-yields-a-7x-roi-report-highlights/

Salary Budget Growth to Ease for Employers, Projected at 3.9% in 2024

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  U.S. companies are slowing down on the pay raise train next year. According to Mercer, they’re planning to dial back the growth of employee pay budgets from 4.1% this year to 3.9% in 2024. The job market is easing up a bit, inflation’s cooling off, and everyone’s got their eyes squinted at the murky economic horizon. Lauren Mason from Mercer says, basically if things keep calming down, the plan is to cut back even more on compensation bumps for 2024. What’s on the chopping block? Budget growth for merit increases is getting a trim too, dropping to 3.5% from 3.8% this year. Fewer promotions are in the cards – only 8.7% of folks are getting a leg up next year compared to 10.3% this time around. Sounds like Mercer’s not the only one playing the cautious card. The Conference Board’s survey shows that about 3 out of 4 big shots (74% of CEOs, to be precise) are looking at raising wages by at least 3% in the coming year. For more details please visit our website - https://www.hroutlook....

From Burnout to Reengagement: The Evolving HR Landscape from 2022 to 2023

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  Handling the contemporary challenges in human resources has become a pivotal task for organizations navigating the evolving landscape. Here’s an overview of the pressing HR challenges and strategies to address them effectively in the coming years. Prioritizing employee mental health as the pandemic has amplified mental health concerns among employees, demanding strategic alignment of leadership, culture, and resources to support well-being. Organizations must prioritize mental health initiatives to foster a supportive environment. Facing a global talent crisis, businesses grapple with hiring the right talent swiftly and reintroducing core values. Effective talent evaluation tools and innovative hiring techniques like skills tests and remote interviews can streamline the hiring process. For more details please visit our website - https://www.hroutlook.com/2023/12/12/from-burnout-to-reengagement-the-evolving-hr-landscape-from-2022-to-2023/

Equality in Action: Icelandic Women Rally Against Persistent Wage Disparities

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  Last week, Icelandic women made a powerful statement against enduring wage disparities and violence, orchestrating a collective strike known as “Kvennafrí” or “Women’s Day Off.” This protest shed light on persistent challenges, despite Iceland’s commendable progress in narrowing the gender pay gap, achieving the world’s highest gender parity score, according to the World Economic Forum. Iceland acknowledged for strides in education, political empowerment, and economic opportunities, has a rich history of women’s activism. In 1975, a similar strike triggered significant advancements, including the election of the country’s first female president. However, nearly fifty years later, thousands united to emphasize the existing 10.2% pay gap (as per the OECD) or a more substantial 21% gap, as reported by the WEF. For more details please visit our website - https://www.hroutlook.com/2023/12/12/equality-in-action-icelandic-women-rally-against-persistent-wage-disparities/

Lean Payroll: Transforming Traditional Payroll Processes into Strategic Assets

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Lean Payroll is a concept derived from Lean Manufacturing, which aims to minimise waste and maximise productivity. It applies Lean principles to payroll management by evenly distributing work, reducing complexities, and alleviating burdens. This results in a streamlined and optimised payroll system that improves team performance and overall productivity.   For more details please visit our website - https://www.hroutlook.com/2024/03/20/lean-payroll-transforming-traditional-payroll-processes-into-strategic-assets/

STADA credits its partnership with Qualtrics for improved employee experience

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  STADA, a prominent German healthcare and pharmaceutical company, understands the growing significance of employee wellbeing. With 14,000 employees across 50 nations, boasting a robust FY2022 revenue of €3.79 billion, STADA values listening to its employees. Matthias Schilling, STADA’s Manager of Global People Analytics, emphasizes a nurturing work atmosphere that prioritizes employee wellbeing. STADA’s #CaringForYou initiative addresses mental health by organizing team challenges and offering self-care courses and counselling. STADA’s commitment to fostering employee growth aligns with its fundamental belief in engaged teams and a culture of advancement. Schilling highlights the focus on diversity, with over half of the management positions held by women and millennials forming a significant part of the workforce. Their HR priorities include promoting engagement, attracting top talent, and driving sustainable change through environmental, social, and governance initiatives. For m...

LinkedIn Talent Insights: Precision Data for Smarter Recruiting

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  LinkedIn has introduced Talent Insights, a self-serve data product leveraging its extensive network of professionals, companies, and job listings. It aims to empower HR leaders and talent professionals by delivering quick answers to complex talent questions. The product focuses on providing actionable insights and real-time updates, bolstering labour market trend accuracy. For more details please visit our website - https://www.hroutlook.com/2023/12/11/linkedin-talent-insights-precision-data-for-smarter-recruiting/

By 2024, HR Departments May Face Calls to Revamp Recruitment and Transform DEI Initiatives

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  In the wake of recent discussions, it has been acknowledged that the heavy workload faced by HR professionals, is highlighted by a recent Gartner report revealing that over 80% of HR leaders are handling more tasks compared to three years ago. However, HR leaders working in healthcare expressed optimism about HR departments’ response to these challenges. The panel discussed four key trends for HR professionals in 2024: remote and hybrid work, work-life balance, shifting from talent acquisition to talent access, and redefining diversity, equity, inclusion, and belonging (DEIB). For more details please visit our website - https://www.hroutlook.com/2023/12/12/by-2024-hr-departments-may-face-calls-to-revamp-recruitment-and-transform-dei-initiatives/

NLRB judge: Whole Foods’ prohibition of Black Lives Matter attire didn’t breach workers’ rights

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  Whole Foods Market faced allegations of violating workers’ rights by prohibiting Black Lives Matter (BLM) attire, but a recent ruling by a National Labor Relations Board (NLRB) judge dismissed these claims. The judge concluded that BLM apparel didn’t fall under the protection of the National Labor Relations Act because it wasn’t directly linked to the job roles in question. Employees who wore BLM-related face masks and clothing argued that they did so to foster a safe environment for their co-workers, aligning with Whole Foods’ commitment to a secure workplace. However, the NLRB General Counsel contended that workers perceived Whole Foods’ enforcement of the dress code as discriminatory, citing racial concerns. They argued that the defiance against this enforcement should be considered protected activity. For more details please visit our website - https://www.hroutlook.com/2024/01/29/nlrb-judge-whole-foods-prohibition-of-black-lives-matter-attire-didnt-breach-workers-rights/

Employers Eye 3.5% Raises for 2025, According to Payscale Data

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U.S. employers are forecasting an average salary increase of 3.5% for 2025, according to Payscale’s latest survey. This anticipated raise varies across industries. Government employees, along with those in engineering and science, can expect increases exceeding 4.5% and 4.2%, respectively. In contrast, workers in retail, customer service, and education are projected to see raises of just 3.1%. Ruth Thomas, chief of research and insights at Payscale, attributes the slight reduction in planned salary increases to stabilized inflation and easing labor market conditions. Despite this dip, she notes that the 2025 figures are still above the pre-pandemic baseline of 3% that employees have come to expect. The trend of moderating salary increases follows a pattern observed in a cooler labor market. In 2023, actual salary increases were around 4%, while this year’s figures have dropped to 3.6%. Although the growth rate has softened, it remains relatively high compared to historical standards. F...

Bank of America Raises Minimum Hourly Wage to $24

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  Bank of America is set to raise its minimum hourly wage to $24 starting next month, marking a significant step toward its goal of reaching $25 per hour by 2025. This wage increase is part of the bank’s ongoing efforts to remain competitive in the job market and foster a supportive work environment. With this change, Bank of America continues to lead by example in offering a strong compensation package, according to Sheri Bronstein, the company’s chief human resources officer. This wage hike has become a regular occurrence for Bank of America, reflecting a steady pattern of increases over the last few years. Back in October 2021, the bank raised its minimum wage to $21 per hour, followed by increases to $22 in May 2022 and $23 last October. This gradual upward trend started with a minimum wage of $15 in 2017. The bank initially set a goal to pay $20 per hour by 2021 but achieved that target a year early. Since then, the bank has worked toward its next milestone of $25 per hour, wh...

How to train teams and impact business results

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  It is undeniable that our lives and work routines are conquered by   technology . While this allows us to be more effective and efficient, it has also made us more fragile and anxious. This is because   changes , which occur at an increasingly accelerated pace, make business non-linear and complex and strongly impact work relationships, the needs of companies, leaders and managers. It is in this context of  revolution 5.0 , where complete integration between humans and technology is yet to be achieved, that companies are constantly looking for new ways to prepare for the  future of work . Given this, companies around the world have invested heavily in training their teams to be more productive and competitive. According to Forbes Magazine, companies in the United States invested US$1.2 trillion in training in 2022, which represents around 6.5% of the American GDP. For more details please visit our website - https://www.hroutlook.com/2024/03/01/how-to-train-tea...

Deloitte H-1B Employees Paid 10% Less Than US Workers, Report Reveals

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  A recent report by researchers from George Mason University, Columbia University, the University of Hong Kong, and Arizona State University revealed that Deloitte paid newly hired accountants with H-1B visas an estimated 10% less than U.S. workers in similar roles. The study, published in the Journal of Business Ethics on Sept. 26, raised concerns about the efficacy of regulations intended to prevent wage discrepancies between H-1B visa holders and U.S. workers. Using 2005 salary data, which was part of a hack in 2014, the researchers inferred H-1B visa status through U.S. Department of Labor data. Deloitte, however, disputed the findings, stating that the dataset was incomplete and unvalidated. for more details please visit our website - https://www.hroutlook.com/2024/12/12/deloitte-h-1b-employees-paid-10-less-than-us-workers-report-reveals/

95% of Workers Say Pay Does Not Match Rising Cost of Living

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  According to Monster’s 2025 Work Watch Report, a staggering 95% of workers feel their wages have not kept up with the rising cost of living. Despite this, only 10% of workers have received a raise or salary adjustment to account for inflation. To cope, 44% of workers have started searching for higher-paying jobs, while 17% have taken on a second job or part-time work to make ends meet. However, 38% report that inflation has not impacted their careers. Workers have cited several reasons for expecting higher wages, including the increased cost of living, taking on more responsibilities, and possessing in-demand skills. Giacomo Santangelo, a Monster economist, highlighted that 85% of workers expect increasing salaries to offset inflationary pressures. Yet, only 11% have received raises that reflect the rising cost of living, leading to a significant financial strain for many workers. For more details please visit our website - https://www.hroutlook.com/2025/01/30/95-of-workers-say-p...

Over Half of Workers Skip Salary Negotiations, Survey Says

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  It has been recently known that according to a report from Glassdoor released on September 19, 54% of workers opted to skip salary negotiation. Now, this percentage isn’t set in stone across the board. It fluctuates depending on your industry and age, but one interesting tidbit is that it’s the same for both men and women. So, salary discussions know no gender boundaries, it seems. The Glassdoor Economic Research Team pointed out that even though salary negotiation is a hot topic among professionals, it’s a bit tricky to gauge who’s taking the plunge and who’s staying put. For more details please visit our website - https://www.hroutlook.com/2023/12/09/over-half-of-workers-skip-salary-negotiations-survey-says/

Optimizing Retirement Plans with the IRS’s Fresh ‘Fix-It’ Initiative

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  The SECURE Act 2.0 brings a significant change benefiting employers dealing with retirement plan administration errors. This expansion of the IRS Employee Plans Compliance Resolution System (EPCRS) and its Self-Correction Program (SCP) allows plan sponsors to rectify operational errors without IRS involvement, provided they identify these mistakes before the IRS does. This alteration simplifies the process, acknowledging the complexity and costliness of self-correcting plan errors. Christopher Dall from PNC Institutional Asset Management emphasized the relief this provision brings to plan sponsors, offering an opportunity for rectification with fewer penalties. Previously, stringent requirements and fees deterred plan sponsors from self-correcting, allowing errors to escalate. The new rules necessitate identifying and rectifying errors within 18 months to leverage this simplified self-correction method. For more details please visit our website - https://www.hroutlook.com/2023/12...

New Technology Trends in the Workplace

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  We often hear pundits saying that Artificial Intelligence (AI) will have a bigger impact on business dynamics than the internet. As an HR practitioner if you are not on top of what AI can do then you are at risk of being made redundant…fast. As a service area in a business, AI will dramatically change the way HR operates, but comes with some clear risks in the way we look after our staff (and where we are at risk of de-humanising our workplaces). This article touches the surface by looking at where AI is changing the way recruitment, training and people management can operate and some of the risks associated with AI. For more details please visit our website - https://www.hroutlook.com/2025/06/24/new-technology-trends-in-the-workplace/

Report Reveals: Employees’ Average Office Attendance Drops to 2 Days

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  Hybrid work setups are gaining traction globally, with US employees averaging 2 days per week in the office. Worldwide, it’s approximately 3.1 days, peaking on Tuesdays to Thursdays, as per a Nov. 14 report from JLL, a global real estate and investment firm. There’s a noticeable trend toward office returns, with 87% of global organizations advocating on-site work, contrasting the 20% solely remote or part-time office workers—a notable decrease from 39% a year earlier. For more details please visit our website - https://www.hroutlook.com/2023/12/12/report-reveals-employees-average-office-attendance-drops-to-2-days-2/

Making the most of 2024 – What should leaders and managers consider to drive greater Impact?

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  Before we consider how leaders and managers can better engage and support their employees, first, we need to take a step back and consider what’s happening in society overall. With a rise in populism, first since Brexit in the UK and the surprise election in 2016 as Trump becoming the US president in 2016.  Michael Cox  from the London School of Economics describes populism as reflecting ‘a deep suspicion of the establishment, that in the view of most populists doesn’t just rule in the common good but conspires against the people.’ With concerns about  trust within HR  departments, there is a risk that the populist wave that seems to pervade society, may have a significant impact on the workplace, where nobody’s perceived as ‘looking out’ for ‘ordinary people’. for more details please visit our website - http://www.hroutlook.com/2024/04/19/making-the-most-of-2024-what-should-leaders-and-managers-consider-to-drive-greater-impact/

Insights into Recruiting, Retaining, and Shaping the Future of Sales Talent in FMCG

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  The fast-moving consumer goods (FMCG) industry in India has experienced significant growth, hitting a value of $105 billion in 2021 with expectations of a Compound Annual Growth Rate (CAGR) of 3.15% until 2028, reaching an estimated $131.54 billion. As the market expands, understanding the evolving trends becomes pivotal for staying competitive and addressing challenges like supply chain disruptions and inflation. For more details please visit our website - https://www.hroutlook.com/2023/12/13/insights-into-recruiting-retaining-and-shaping-the-future-of-sales-talent-in-fmcg/