HR Vocab + Stats Flashcards

1
Q

Upskill

A

Teach employees additional skills

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2
Q

Intellectual Capital

A

Capital that is intellectual

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3
Q

What should you provide employees with?

A

Pay, purpose, and pathways in careers

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4
Q

Why do most employees leave their jobs?

A

Research from the Society for Human Resource Management, the world’s largest HR association, discovered that 60% of employees leave because of their managers.

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5
Q

Statistic related to the effects of work-related stress?

A

83% of US workers suffer from work-related stress, and businesses lose up to $300 billion yearly as a result of this stress according to the American Institute of Stress.

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6
Q

Work-related stress in healthcare?

A

One report done in 2020 by Mental Health America showed that 93% of health care workers reported experiencing stress. High-pressure work environments can contribute to mental health problems

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7
Q

What are some talent acquisition trends in 2022?

A
  • Hiring for the organization vs hiring for a job
  • Perfect the candidate experience
  • Be TRANSPARENT
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8
Q

How many people left their jobs in February 2022?

A

More than 4.3 million

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9
Q

What are signs of hidden resignations?

A
  • Employees (as a trend) engaging in side hustles
  • Higher levels of absenteeism
  • Tardiness and missed deadlines
  • Lack of communication
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10
Q

How To Reduce Disengagement

A
  • Reasonable deadlines
  • Make processes collaborative rather than top down
  • Flexible work styles
  • Wellness benefits
  • Help employees feel vital and like they have purpose
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11
Q

What can managers do to help workers cope with the war in Ukraine?

A
  • Help employees manage ther emotions
  • Provide relief from gas prices
  • Assist Ukrainian employees
  • Proactive support for Ukraine
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12
Q

Ways to Reimagine Workplace Culture

A
  • Implement diversity, equity and inclusion
  • Family-focused benefits like better leave politics, scheduling around family needs, flexible schedules like remote or hybrid, return to work prep and flexibility and easy to understand benefits
  • Perks in training and development, self-care, mental health and wellness
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13
Q

Cool benefit ideas

A
  • Wellness/fitness reimbursement programs
  • Prize catalod with unique bonuses like PTO, travel, gift cards, etc. based on performance
  • Monthly/quarterly non-work team activities
  • Prodev courses and ongoing training
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