Health execs say gender parity in leadership would increase profits, reduce turnover. According to a new Korn Ferry survey of CEOs, CHROs, and other C-suite healthcare executives, women are taking on more leadership roles; but more effort is needed to get women through the glass ceiling. While 80% of healthcare workers are women, they hold only 20% of key leadership positions industrywide; and only 4% of healthcare companies have a female CEO. While nearly two-thirds (63%) of respondents said that there is more opportunity today than five years ago for women to advance to senior positions, 55% say that women sometimes get passed over for promotions due to their gender. … [Read more...] about Survey: Healthcare Organizations Benefit from Women Execs, But Don’t Do Enough to Advance Them
Trends in the Industry
Military Spouses Are Untapped Source of Qualified Employees
Survey suggests these individuals are eager for work and have education, skills. With four times higher unemployment than the general population, military spouses may be an untapped source of workers, and a new survey suggests that they are hungry for employment opportunities. According to data from FlexJobs and Blue Star Families, nearly half (46%) of military spouses have felt discriminated against in their job searches; and 91% say that being a military spouse has had a negative impact on their career. Over half (56%) say that they have stopped job hunting because of the difficulties they’ve experienced finding work; and 50% say they’ve tried to hide their status as a military spouse to avoid hiring discrimination. … [Read more...] about Military Spouses Are Untapped Source of Qualified Employees
May Is Mental Health Awareness Month: Move the Conversation Forward
If you think you don’t have to worry about mental illness in the workplace, statistics say otherwise. According to the National Alliance on Mental Illness (NAMI), mental illness is the leading cause of disability in the U.S.; and untreated conditions cost $200 billion annually. May is Mental Health Awareness Month, so there’s never been a better time to shine a light on this issue in your workplace. … [Read more...] about May Is Mental Health Awareness Month: Move the Conversation Forward
Monitoring Technology and Data: Pump Up Productivity While Protecting Privacy
Companies are looking beyond surveys to high-tech tools to assess employee attitudes. Increasingly, companies are collecting data about what employees do and say. According to one recent survey, 22% of organizations worldwide use employee-movement data, 17% monitor work-computer-usage data, and 16% use calendar-usage data. While employers say this monitoring technology enables them to improve productivity and engagement, employees often resent what they see as an invasion of their privacy. HR can play a key role in ensuring that monitoring is done appropriately and that employees understand what is being done and why. Historically, companies have used formal, large-scale employee surveys to assess how employees feel about their jobs and the workplace. However, these are generally time- and labor-intensive and offer limited—and not always completely candid—insights. Data collected from monitoring technology can provide more specific insights about how employees feel about their … [Read more...] about Monitoring Technology and Data: Pump Up Productivity While Protecting Privacy
Survey: Employers Plan Increased Investment in Wellness for 2019, Beyond
Financial health and telemedicine are the top targets for expansion in employee wellness efforts. According to a new survey, employers are planning to increase their investment in employee wellness moving forward. Overall, companies are putting more into health and well-being programs, with 35% planning to invest more this year, versus 14% expecting to invest less. Employers have targeted some specific areas for investment. These include stress management, financial wellness, mental health, telemedicine, mindfulness and meditation, and wellness challenges. Financial wellness (68%), telemedicine (61%), and stress management (58%) rated the highest as areas in which employers plan to increase their investment. This isn’t especially surprising, as employees often rate stress, anxiety, and depression as leading workplace-related health issues; and financial … [Read more...] about Survey: Employers Plan Increased Investment in Wellness for 2019, Beyond
Find the Perfect Match with Personality Assessment Tools
Personality assessment tools are more accurate and sophisticated than ever; and they can help you find, keep the best employees. The use of personality assessment tools is growing—as much as 10% annually—because they help organizations effectively predict which candidates will be the best fit for their job openings and their company culture. You also can use these for training and onboarding to determine career paths for new hires and reinforce the connection between job roles, personal satisfaction, and the company culture. There are thousands of these tools, but eight of the most popular are highlighted here. … [Read more...] about Find the Perfect Match with Personality Assessment Tools
Study: Strong Link Between Happiness and Productivity
Money can’t buy happiness, but a few steps can help HR assess employee satisfaction and jump-start joy. In a recent study, happiness increased work productivity by 12%, while unhappy workers were 10% less productive. So how do you determine how happy your employees are? Then what can you do to increase their job-related joy? There are several proven tools to measure employee happiness, but among the most reliable are your eyes and ears, as well as those of your colleagues. When people gather in breakrooms, are they animated and laughing or are they silent or sullen and complaining? Are optional company events (such as parties or sporting events) well attended? Do team members greet each other warmly in the hallways? Do managers know their employees and take time to chat with them? You can gain real insight into how employees feel about the company and their jobs by watching and listening. One popular [Read more...] about Study: Strong Link Between Happiness and Productivity
From Chitchat to Chatbots
Get a hiring edge with 24/7 real-time, personalized j0b candidate interactions. If you’ve ever shopped or sought information online, you likely have encountered a chatbot, a service that enables people to interact via an online messenger. Powered by basic rules or machine learning, the chatbot can have specific types of “conversations” with users, often eliminating the need to wait for a human response that could take minutes, hours, or even days. This can be significant for HR, where job candidates—especially those in great demand—can lose interest and go elsewhere if they can’t get prompt information or answers. … [Read more...] about From Chitchat to Chatbots
Job Numbers Are Strong But Present Challenges for Healthcare
There’s good news about the job market; but behind the positives there are some troubling realities. April marked the 103rd straight month of job gains and resulted in a 50-year low unemployment rate of 3.6%. Specifically, a Bureau of Labor Statistics (BLS) report observed that notable job gains occurred in professional and business services, construction, healthcare, and social assistance. However, underlying this in post-acute and long-term care facilities, hospitals, and other healthcare settings, labor costs are increasing and operating margins are shrinking. According to one report, labor costs in healthcare organizations represent about 60% of net revenues. At the same time, operating margins have gotten smaller as Medicare and Medicaid, instead of private insurance, have become primary payors for most patients. While technology has increased labor intensity, this hasn’t … [Read more...] about Job Numbers Are Strong But Present Challenges for Healthcare
Tick Tock: Let a High-Tech Time Clock Watch Workers’ Hours
What features will maximize your ability to manage schedules, payroll? About 78 million Americans punch a time clock, according to the U.S. Department of Labor, and businesses lose up to 5% of gross payroll to time clock fraud annually. However, maintaining accurate attendance is important to more than just your bottom line. If employees see co-workers get away with arriving late or leaving early, they may become frustrated and resentful. This can cause on-the-job conflicts and even result in turnover. So what’s the answer? It’s the 21st century, so timesheets and a punch clock aren’t enough anymore. Time clock software that tracks employee attendance, schedules, and time off is the path to accuracy and effectiveness. When all of this information is captured and recorded in a database, it can be used to generate reports, track trends in real-time, and make payroll more efficient. … [Read more...] about Tick Tock: Let a High-Tech Time Clock Watch Workers’ Hours
