For the first time in modern history, workplace demographics now span four generations. Download this white paper for best practices on how to better understand and effectively manage a multi-generational workforce.
The multigenerational workforce, compliance requirements, and new technologies are the top trends affecting human capital management today. This white paper explores the need for HR leaders to develop new strategies for managing the increasingly diverse workforce, and the role workforce management technology and HCM tools will play in its success.
Published By: CIC Plus
Published Date: Sep 23, 2014
Learn three reasons that being a competitive employer of choice demands that you take advantage of a cloud-based, paperless system for generating and storing pay stubs and the increasing amount of data they contain.
Human capital management solutions can help organizations meet the challenges of managing multiple generations. Learn about HCM strategies such as using mobile technology to optimize communication; offering flexible working hours for work-life balance; managing employee absences for stronger compliance, cost control, and employee well-being; and using analytics for workforce insights.
Published By: Paychex
Published Date: Nov 29, 2016
With the accelerated pace of business, it’s become more difficult for human resource (HR) departments to adapt to complex, changing human capital management issues such as recruiting and retaining highly competent workers, managing talent, developing leaders, and leveraging a multigenerational workforce.
In research conducted by the Society for Human Resource Management (SHRM), talent management
ranked as the top priority among the HR professionals surveyed, with 64% ranking their company’s performance as neutral and another 30% ranking it unfavorably.
In fact, four out of 10 said their employers didn’t even have a designated individual for managing talent. But, what does “talent management” actually entail?
In this ebook, we’ll take a look at each of the major areas of concern for HR departments and present information that may be applied to your own organization.
It is generally accepted that nearly all new hires decide, within the first six months, whether or not they will stay with their new employer. And, it is expected that new employees coming into the workforce–including Generation X (born between 1965 and 1908) and Generation Y (born after 1980)–will have an average of 20 jobs over the course of their careers.
Given all of these numbers, the goal becomes clear: to attract and retain a multigenerational workforce, employers today must provide a better new-hire experience, with fewer steps, and lower costs.