Initial jobless claims declined to 207,000 last week, down 16,000 from the prior period, according to the Labor Department. The tally was well below the estimate of economists surveyed by Reuters, who had expected 220,000 claims.
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Recognizing employees through nonmonetary means can be as impactful as financial incentives, says Sujay Saha of Cortico-X. Saha stresses the importance of authentic, consistent and transparent recognition practices to enhance employee engagement and create a sustainable work environment.
A Principal survey shows 56% of Americans aim to save at least 30 times their annual salary for retirement, though experts suggest 10 times may suffice. While 88% are actively saving, 34% feel behind on goals. The survey also highlights a knowledge gap, with 66% of workers seeking financial guidance.
The AI revolution is transforming the workplace interaction between humans and machines as companies use the technology to adapt to change, respond to demands in real time and perform functions with human-like intelligence, write Accenture's Karthik Narain, Bhaskar Ghosh, H. James Wilson and Prashant Shukla. "As the AI revolution enables continuous enterprise reinvention, real-time intelligence, and multimodal intelligence, employees must evolve their roles alongside ever-improving AI systems," they write.
HR leaders in startups face unique challenges, particularly in managing an "always-on" culture that often leads to burnout. A survey by Startups.co.uk reveals that 40% of UK startup owners expect employees to work beyond contracted hours -- highlighting a need for HR to balance hustle with well-being. Experts advise setting clear boundaries, leading by example and hiring individuals with startup experience to navigate these demands.