The new Conference Board Help Wanted OnLine® (HWOL) Index is declining
October 18 | Agron Nicaj, Associate Economist, The Conference Board | Gad Levanon, Ph.D., Chief Economist, North America, The Conference Board | Comments (0)
The Conference Board Help Wanted OnLine™ (HWOL) Index has been declining for much of 2019, indicating a slowdown in employment growth. While the HWOL index is certainly weakening, it is nowhere near recession territory. The current decline is about the same as the slowdown in 2015-2016, but much smaller than that of the Great Recession.
Praising Employees Pays Big Dividends
October 07 | Bob Nelson, Senior Fellow, Human Capital, The Conference Board | Comments (0)
You’ve read the management books. You’ve heard more than enough about engagement, empowerment, teamwork, and so forth. But there’s just one problem: In the day-to-day rush of running your business, keeping your staff motivated takes a backseat to your daily work, management crises and making your numbers.
Overlooked on economy? Rising paychecks for blue-collar workers are shrinking the wage gap
September 18 | Gad Levanon, Ph.D., Chief Economist, North America, The Conference Board | Comments (0)
Monthly reports on the number of new jobs and the unemployment rate can drown out important trends like these two: After four decades of worsening, wage inequality has started shrinking. And in a twist, America’s blue-collar workers are playing the biggest role in driving that reversal.
Using Tools to Help Employees Plan for Retirement
September 17 | Anna M. Rappaport | Comments (0)
Retirement planning is complex. There are calculations required and data is needed. How many calculations and how much data depends on the type of planning one wishes to do. Most people do not know how to do these calculations on their own and may not know how to find the right data. Fortunately, there are many tools and software packages available to help.
Bridging the Knowing-Doing Gap
September 03 | Bob Nelson, Senior Fellow, Human Capital, The Conference Board | Comments (0)
Most every executive knows the importance of recognizing their employees when they do good work. Yet when you ask their employees how much recognition they receive, according to Maritz, only 12 percent say they are recognized in meaningful ways where they work when they do a good job.
Want to Better Retain Staff? Try Recognition.
August 05 | Bob Nelson, Senior Fellow, Human Capital, The Conference Board | Comments (0)
Managers need to be skilled at the basics of effective recognition and to use that skill in a timely, sincere and specific manner on a daily basis as their employees have performed well. Managers have to lead the charge in proactively helping to make your workplace a culture of recognition in which the behavior is part of the common practices of the organization.
Helping Employees Plan for Long-Term Care
July 31 | Anna M. Rappaport | Comments (0)
Research indicates that there are huge gaps in long-term care planning. The need for help, and possibly a lot of help, later in life, has a huge impact on multiple generations of many American families. Society of Actuaries’ research studies show that while many people are aware of the risk, few do advance planning for managing it.
For Best Results, Involve Your Employees
July 08 | Bob Nelson, Senior Fellow, Human Capital, The Conference Board | Comments (0)
If you get employees involved in planning recognition activities, you’ll often end up with better activities that are more valued by your employees.
Employee Engagement: Why it Matters For Workers Enrolling in Benefits
July 08 | Rebecca L. Ray, PhD, Executive Vice President, Human Capital; Executive Director, The Engagement Institute™, The Conference Board | Comments (0)
Employees are struggling to select their benefits. Jargon, lack of communication and poor understanding are some of the issues that plague workers when deciding on 401(k)s, health plans and other benefits, says Rebecca Ray, executive vice president of human capital at the Conference Board.