The human impact of COVID-19 and how business can help!
COVID-19 is in decline in China. There are now more new cases every day in Europe than there were in China at the epidemic’s peak and Italy has surpassed it as the country with the most deaths from the virus. It took 67 days to reach the first 100,000 confirmed cases worldwide, 11 days for […]
Understanding the Paycheck Protection Program in the CARES Act
Overview of the Paycheck Protection Program To incentivize employers to maintain payroll during the crisis, the SBA is providing 100 percent federally-backed loans for certain payroll expenses through June 30, with up to eight weeks of forgiveness for small businesses, certain nonprofits and self-employed individuals. The loans are forgivable if employers retain employees at comparable […]
FAQ on Federal Coronavirus Relief Bill (CARES Act)
Credit (Tax Foundation Organization) Congress’s latest coronavirus relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is the largest economic relief bill in U.S. history and will allocate $2.2 trillion in support to individuals and businesses affected by the pandemic and economic downturn. Many people have questions about how the new law impacts […]
Workforce Principles for the COVID-19 Pandemic
In collaboration with Willis Towers Watson/World Economic Forumhttp://www3.weforum.org/docs/WEF_NES_COVID_19_Pandemic_Workforce_Principles_2020.pdf Stakeholder Capitalism in a Time of Crisis. While there currently is a significant focus on the public health and economic impact of the COVID-19 pandemic, the workforce and societal implications are no less profound. The guiding principles and the four workforce management imperatives outlined in this document […]
WHY IS HR IMPORTANT?
Why Is HR Important? Key Functions of an HR Professional The HR department in any company can be its ace in the hole, if used strategically. HR is a company’s human resource multiplier. The functions of an HR professional should focus on the company’s greatest resource of all – its employees. Without good employees, the […]
5 Reasons Why You Should Register with a Staffing Firm
On the hunt for your next experience, you’re bound to get contacted by a recruiter. Some may feel hesitant to sign up with a staffing firm because they may see it as a hassle that isn’t worth their time. The reality is that it is always worth your time, and here’s why: 1. Zero Cost […]
Immigrants On The Front Lines Of Essential Work During Coronavirus Outbreak.
Many workers on the front lines of the nation’s COVID-19 response are immigrants, according to New American Economy Research Fund (NAERF) research released March 26. Immigrants account for more than 16% of all healthcare workers, and such individuals’ presence is particularly high in the roles of home health aid (36.5%), psychiatrist (32%), physician (28.7%), personal […]
Hiring Freezes Most Common Cost Control Amid COVID-19 Pandemic.
North American employers are implementing cost control methods as they prepare for the financial effects of the COVID-19 pandemic, as more than 4 in 10 companies implemented a hiring freeze or have reduced hiring. Another 28% will or might do the same. Relatively few have cut salaries, according to a report released March 30 by […]
Global Companies Are Diverse But Not Inclusive.
Global organizations are finding success in creating diverse workforces; however, there’s a lack of understanding on how to create a sense of belonging, according to Globalization Partners Inc.’s second annual survey released March 24. Approximately 1,725 randomly selected employees who work for multinational companies and workgroups were asked about their experience. Nine in 10 employees […]
Are CEOs Displacing CHROs In The Workplace Transformation?
The CEO is the most influential person when it comes to driving a workplace transformation plan, displacing the CHRO’s role in such planning, according to nearly half of respondents to Infosys Knowledge Institute survey findings released in March. Three percent of CHROs were influencing decisions behind the transformation, and only 19% contributed to roadmapping. CTOs […]