Human Resources

The cost-of-living crisis is having a major impact on employees (particularly women, Gen-Xers, boomers and Hispanics), a new report says.

Since the new rule was proposed in October, several groups have sent letters urging the agency to offer an extension.

"Employers are highly focused on supporting the mental health of their employees, especially as they look to retain and engage talent."

HR personnel are acutely aware of increased financial concerns among employees.

Many employees (40%) want access to advice from an investment professional, and 62% of employers say they're now offering investment access (up from 55% in 2021).

Employers need to identify their top performers using ONA, engagement surveys and manager NPS scores to assess employees' current "happiness."

It's critical for HR professionals to proactively plan for the impact uncertainty can have on their workforce and company culture.

It's time to take a fresh look at how your programs, communications, benefits and culture are impacting your ability to retain your team.