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HR Management

Survey: Do you share CHROs’ confidence about 2024?

The Conference Board’s quarterly survey of CHROs is designed to gauge what HR leaders think lies ahead for their functions and organizations, and how they plan to tackle common HR problems. Here are two major findings from the board’s fourth-quarter survey.

Legal limbo after U.S. Supreme Court drops two cases

Sometimes the Supreme Court reverses course and dismisses a case “as improvidently granted.” That’s what just happened with two employment-related cases the court had previously accepted for the 2023–24 term. Here are the dismissed cases and what their dismissal means for employers and businesses moving forward.

CEOs worry about recession and inflation, say they’re not ready

It’s always a good idea for HR professionals to keep up with what keeps the boss awake at night. According to a new survey by the Conference Board, CEOs are bracing for a recession and elevated inflation. However, just 37% of CEOs say they are prepared for a recession, and only 34% are prepared for high inflation.

Su again nominated to become labor secretary

President Biden isn’t giving up his quest to have Julie Su confirmed as his secretary of labor. Su has served as acting labor secretary since last February, when former Secretary of Labor Marty Walsh stepped down. On Jan. 8, Biden officially, for the second time, forwarded Su’s nomination to the Senate.

Employers aren’t backing down from DEI commitments

Despite legal challenges and backlash toward corporate diversity, equity and inclusion programs, a new survey by the Littler Mendelson law firm found most employers staying committed to, or even expanding, their DEI efforts.

Want to retain your employees? Offer training

If you ask a departing subordinate why she’s jumping ship, it’s likely the answer will include better pay and benefits and a lack of opportunity for advancement. You can’t do much about pay and benefits, but you can leverage the training programs you already have in place to prevent subordinates from looking for a new job in the first place.

DOL offers mental-health assistance, compliance resources for employers

Worker stress rose to record levels during the pandemic—and has remained high ever since, according to Gallup Poll surveys. In fact, Gallup says 52% of employees report they have experienced “a lot of stress” in the previous 24 hours. Employers are responding, with 63% of HR professionals surveyed by Willis Towers Watson last fall saying they planned to enhance benefits addressing employee mental health in 2024.

5 U.S. corporations earned more than $1 million per employee last year

The top 25 U.S. corporations achieved an eye-popping average profit per employee of $490,660 in 2023, according to an analysis by AgencyReviews, an online marketplace review site.

Start the new year right with these 5 strategies

Chances are, you’ve already held your first meeting of 2024 to brainstorm with your staff and plan for the upcoming year. You might notice that the promise of a new year and a clean slate brings renewed motivation, reinvigorated enthusiasm for work projects and a list of goals to achieve. It’s great that you set some resolutions verbally and in writing. But before you know it, you’ll quickly return to your usual methods and receive the same outcomes.

The strangest employment law stories of 2023

Experienced HR professionals have learned that you never say, “Now I’ve seen everything!” because the bizarre things that happen in the workplace never cease to amaze. Let’s count down a few of the most bizarre cases of 2023. I’ve chosen my favorite five, but there was certainly no shortage of material last year.