HR leaders are drawn to the prospect of creating a high-performing workforce but often overlook the key ingredients. In fact, companies that align talent with business strategy outperform others by 16%, retain 30% more top performers, and see 34% higher employee performance. The last 18 months have posed major challenges that saw business and talent strategies put to a rigorous test. As a result, there is a renewed urgency for HR leaders to realign their talent strategy to the wider business goals to factor in changing business dynamics. This is why we invited, James Moore, a director at Morgan Phillips…
According to a new survey that Gartner has published, nine out of every ten (90%) HR leaders report that employee turnover is a significant concern they’re facing. With figures like that, it’s not surprising that employee retention is always a primary focus for HR teams and business leaders. Here are three critical facts about employee turnover in the United Kingdom in 2021: – 46% of UK workers say their companies training opportunities make them more inclined to stay in their current job. – 87% of Millennials, those born between 1996 and 2005, say that accessing professional development opportunities is crucial…
Human Capital Management (HCM) software is technology designed to help employers to manage, recruit and develop a workforce to become their most productive and engaged selves. HCM software will usually include modules such as a core HR database to store employee data, recruitment, people management, self-service, performance, analytics and much more. Why is HCM software important? At its simplest form, human capital management is about putting people first as employers are starting to realise that their employees are their most important asset. Research by Gallup suggests that highly engaged teams show 21% greater profitability for companies, so keeping them engaged…
HR industry analyst, Josh Bersin states that “companies that embrace diversity and inclusion in all aspects of their business statistically outperform their peers.” Clearly, diversity and inclusion (D&I) initiatives are not just a feel-good, box-checking exercise for HR departments; but they have a marked impact on financial and business success. To put good D&I in perspective, a study by the World Bank found that gender-based pay parity could potentially see the world economy grow by a staggering £120 trillion. And those with senior management teams that are gender diverse are 21% more likely to report financial performance that is above…
For many considering purchasing HR software, the shortlist of requirements is usually very feature heavy. The need for employee self-service, recruitment, analytics and workflows usually tops the list for most in the market for HR software; but often, a good User Interface (UI) and User Experience (UX) can be overlooked. What is UI and UX? For those of us in the tech world, UI and UX are two terms often bandied about. We bemoan the poor UI of a website and praise software products with great UI; but to those less au fait with the two terms, these statements can…
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