HR Industry Brief

According to a recent survey, employers are prioritizing workers’ financial health in 2020. Among the findings:

• 70% say they already offer financial wellbeing benefits, and more than half say they expect to expand these this year.
• About half of employers say the have recently launched new financial wellbeing programs.
• 59% of HR respondents say they are spending more time supporting financial wellbeing benefits.
• More than one-fifth of respondents offer stock purchase programs. Others offer budgeting assistance, debt consolidation services, and tuition assistance.

Read the full article. … [Read more...] about (1/13) Survey: Employers Plan to Expand Financial Well-Being Benefits

Take a few minutes each evening and weekend to brush up on management, tech, leadership, and other issues you need to be at the top of your game in 2020. Here are some highly rated books to get you started:

• Humanity Works: Merging Technologies and People for the Workforce of the Future by Alexandra Levit
• Technology Made Simple for the Technical Recruiter by Obi Ogbanufe
• It’s the Manager by Jim Clifton and Jim Harter
• We Can’t Talk about That at Work! By Mary-Frances Winters
• Financial Analysis for HR Managers: Tools for Linking HR Strategy to business Strategy by Steven Director

Read the full article. … [Read more...] about (1/10) Best Human Resource Books to Prepare You for 2020

A strong leader is intuitive, smart, and has both hard and soft skills. But the best leaders have some specific qualities. These individuals:

• Value people.
• Develop talent.
• Make connections.
• Create ownership.
• Take responsibility.
• Communicate directly.
• Let other people take credit.

Read the full article. … [Read more...] about (1/9) 7 Qualities of an Extraordinary Leader

Paid parental leave for new moms and dads is gaining attention and support throughout the world. As more organizations get on board, they are implementing creative ways to support their employees. Among them:

• Staying connected to employees on leave. They schedule times to touch base; and they identify opportunities for workers on leave to keep up with training opportunities and connect with their colleagues.
• Addressing “maternity bias.” Moms on leave often worry that their careers will suffer because of their time away from work. Many employers are creating a supportive environment with standard practices for workers’ return to work that help eliminate fears and anxieties.
• Including parents on leave (and their children) in company events such as parties and picnics.

Read the full article. … [Read more...] about (1/8) Supporting New Parent Employees Beyond Paid Leave

If you think you don’t need to prioritize data security in 2020, think again. Here are some statistics that might drive you into action:

• In the first six months of 2019, there were nearly 4,000 data breaches.
• On average, it takes 279 days to identify and contain a breach.
• 36% of error-related breaches involved misconfigurations on databases.

Read the full article.   … [Read more...] about (1/7) Data Security Breach Statistics You Need to Know

Despite the new year resolutions and promise of a fresh start, it’s too easy for you and/or your employees to fall into a post-holiday funk. It can last well into January and negatively impact productivity and morale if you don’t do something about it. Here are a few steps you can take to go from funk to fantastic as 2020 gets underway:

• Encourage specific plans, or implementation intentions, that turn goals into detailed actions and tasks that you can put on your calendar.
• Use social comparisons (with those who are doing better or worse than you) as motivations spurring you to greater heights.
• Don’t expect perfection. Don’t give up or get discouraged if you make missteps or find yourself falling into old habits. Just regroup and keep moving forward.

Read the full article. … [Read more...] about (1/6) The Post-Holiday Funk Is Real

According to benefits experts, here are the top trends you need to consider to attract the best and brightest in 2020:

• Personalized benefits packages.
• Student loan repayment/assistance (to attract/keep debt-challenged workers).
• A move away from shifting health plan costs to employees.
• More employers will seek stand-alone health reimbursement arrangements as a group-plan alternative.
• Expansion of mental health and wellbeing benefits.
• More support for family caregivers.

Read the full article.   … [Read more...] about (1/3) Perk Up: 6 Benefit Trends to Watch in 2020

With Medicare Advantage (MA) and population health gaining speed moving forward, here are some of the top predictions home care executives have for the field in 2020:

• Home care will begin to redefine how and where service is delivered.
• Consolidations and partnerships of both service and data will change the industry.
• The move from fee-for-service to value-based care will require integration of claims data, medical records, and other information to meet seniors and families where they are in their health/life journey.
• Size and scale will become more important and lead to greater consolidation.
• There will be growing competition for corporate talent with entrepreneurial skills and an eagle-eye focus on mission.
• Companies will introduce more specialized, evidence-based dementia care services.
• Companies will source caregiver talent from new labor pools.

[Read more...] about (1/2) ‘Sick-Care Silos,’ Medicare Advantage and Market Exits: Home Care CEOs Look Ahead to 2020

Metamorphosis, the evolution from something plain to something beautiful, can make your organization a more powerful, positive, successful, and—yes—beautiful place in 2020. Key to this is to be change-adept. This means:

• Providing skills and structure necessary to aptly identify problems and improvement opportunities.
• Technically implementing solutions cost-effectively and efficiently.
• Managing all aspects of change implementation (including human and cultural elements) and reinforcing collaboration.
• Providing the organizational support, time, and resources needed for the success of innovations.

Elsewhere, be sure to have a process that drives innovation. This means:

• Defining and setting objectives for the change.
• Building change agent capacity.
• Measuring the climate for transformation.
• Generating management support.
• Targeting change readiness.
… [Read more...] about (1/1) The Metamorphosis of Becoming Innovative

Want to know what’s ahead? Thought leaders suggest a few predictions that can help you plan for 2020 and beyond:

• Employers will ensure workplace rights for all employees.
• Corporate social responsibility will be a necessity, not a luxury, for companies.
• Employee experience will evolve into human experience.
• Employers and their workers will share accountability for engagement and productivity.
• Flexibility will help attract and retain good workers.
• Data and analytics will increase in importance as strategic tools.
• Watch for the spread of misinformation that has plagued politics to hit the workplace as well.
• More companies will encourage employees to invest in the colleagues’ success.

Read the full article. … [Read more...] about (12/31) 8 HR Predictions for 2020