US companies pledge to hire refugees amid labor demand | How to improve your approach to attract top talent | Help all employees contribute to process improvement
More than 40 major US companies, including Amazon, Hilton, Pfizer and PepsiCo, pledged this week to hire close to 23,000 refugees over the next three years, marking a shift from corporations' hesitancy to hire refugees as anti-migrant messages spread during former President Donald Trump's time in office. Companies are turning to the stream of refugees from Ukraine and Afghanistan as the US labor market remains tight and demand for labor is high, says Erica Bouris, International Rescue Committee's director of economic empowerment.
5 Key HR Metrics That Make A Difference Cut through the noise. Now more than ever, easy-to-understand HR "People" metrics are vital for evaluating business processes and driving strategy. Learn how to leverage 5 key HR metrics to drive successful business outcomes across your organization.
Companies can draw top talent by making the job application process quick and transparent as well as offering a competitive salary, remote-work options and mental health benefits, writes Pete Lamson, CEO of Employ Inc. "The best organizations will recognize that it's still an employee-driven market and work to meet the needs of candidates today," Lamson writes.
The rise of the virtual-first health plan The dramatic increase in telemedicine use seen early in the pandemic also fueled the rise of virtual-first health plans, an emerging model that is testing flexible, consumer-centric care for the digital health era. Register for this industry roundtable.
A Willis Towers Watson survey of 455 organizations found that US employers expect their health care costs to grow by 6% next year, up from 5% this year, while 54% expect their health care costs to exceed budget this year, and 71% expect moderate to significant health care cost increases over the next three years. Strategies employers plan to use to manage spending include implementing programs or choosing vendors that will cut costs and putting increased emphasis on consumer-directed health plans or account-based health plans.
Frito-Lay aims to elevate girls from underrepresented groups with efforts such as its partnership with NASA that funded scholarships for Black and Hispanic girls attending Space Camp, according to Kimberly Scott, senior marketing director of equity, purpose and partnerships for Frito-Lay. "One of the major unlocks for many people who are into STEM, specifically space fields, is the Space Camp experience," said Scott.
Overthinking problems can lead to "analysis paralysis," but this can be overcome by focusing more on progress than a final goal, prompting team members to take action even if they may still make some mistakes, writes corporate coach and author Lison Mage. "The process of practicing is more important over time than the result in itself," Mage writes.
I am a classic overthinker. It used to drive my dad nuts when I was young.
“Kid, you so smart but you think too much,” he’d say, impatiently, watching me mentally dissect a situation. “Jus go!”
I couldn’t, though. I was stuck in “analysis paralysis” – overwhelmed by the information and options running through my head. That, coupled with my need for perfection, would cause my decision-making to slow almost to a halt.
Overthinking is common, as we see in today’s HR Leader story. People who are bright often wrestle with this ailment. The best way to overcome it, Lison Mage says, is by training yourself to trust the process – focus more on action and less on outcome.
I concur. I’ve found this to be true in my life. But I’d add one more component: give yourself permission to fail and know that you can recover. Knowing I can recover from a situation has gone a long way toward helping me break the cycle of overthinking and move toward success.
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