HR Vocab + Stats Flashcards
Upskill
Teach employees additional skills
Intellectual Capital
Capital that is intellectual
What should you provide employees with?
Pay, purpose, and pathways in careers
Why do most employees leave their jobs?
Research from the Society for Human Resource Management, the world’s largest HR association, discovered that 60% of employees leave because of their managers.
Statistic related to the effects of work-related stress?
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.
Work-related stress in healthcare?
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
What are some talent acquisition trends in 2022?
- Hiring for the organization vs hiring for a job
- Perfect the candidate experience
- Be TRANSPARENT
How many people left their jobs in February 2022?
More than 4.3 million
What are signs of hidden resignations?
- Employees (as a trend) engaging in side hustles
- Higher levels of absenteeism
- Tardiness and missed deadlines
- Lack of communication
How To Reduce Disengagement
- Reasonable deadlines
- Make processes collaborative rather than top down
- Flexible work styles
- Wellness benefits
- Help employees feel vital and like they have purpose
What can managers do to help workers cope with the war in Ukraine?
- Help employees manage ther emotions
- Provide relief from gas prices
- Assist Ukrainian employees
- Proactive support for Ukraine
Ways to Reimagine Workplace Culture
- 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
Cool benefit ideas
- 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