Private employer hirings fall short of expectations Companies hired 167,000 new workers in July, according to the ADP National Employment Report, well short of the 1.5 million projected by economists. New coronavirus outbreaks appeared across the country and many employers exhausted funds borrowed to help cover payrolls during the month. Full Story: Reuters (8/5)
Recruiting & Retention
Survey: Recruiters' jobs are shifting Recruiting responsibilities are changing as the coronavirus pandemic drags on, according to a Lever survey of 709 US and Canada HR decision-makers. Just under half of respondents say they are helping other departments; 41% are scrubbing recruiting data; 37% are evaluating recruiting processes; and 35% are working more with current employees. Full Story: HR Dive (8/5)
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Benefits & Compensation
Handling equity compensation for remote workers New remote-work mandates spawned by the coronavirus pandemic have increased complications around equity compensation, Dan Walter of Future Sense writes. These programs, which include variables such as securities law, employment law and taxation, among several others, become tricky to navigate when employees move to different states or out of the country. Full Story: Compensation Cafe blog (8/4)
Companies are more likely to rebound from the pandemic if they embrace artificial intelligence and use cloud-based solutions that help employees work remotely, says Neha Pareek, a regional HR director for IBM. "One of the things that the pandemic has taught businesses is the critical importance of technology solutions which enable speed, flexibility, insight, and innovation," she says. Full Story: People Matters (India) (English-language content) (8/3)
Companies need written policies on employee mask use that are communicated widely and have management backing. "The biggest thing is to acknowledge their feelings and say, 'I understand how you feel, but we have the responsibility to do business the right way,'" says Randy Potts, HR manager for Rent-2-Own. Full Story: Society for Human Resource Management (tiered subscription model) (8/4)
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