A report by the Congressional Budget Office found that while implementing a $15 minimum wage would allow for incomes to grow, it would come at the cost of 1.4 million jobs. The report also said that the minimum wage hike would cause the federal deficit to swell to $54 billion in the next 10 years. Full Story: National Public Radio (2/8),USA Today (2/8),Reuters (2/8)
5 Ways to Hire Like It’s 2021 We dug deep to learn what job seekers want from an employer for 2021. While there are more candidates seeking work, there's also more competition among businesses for the most qualified people. Get the leading edge with this free guide.
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Recruiting & Retention
Don't let your best employees abandon ship Small-business owners are much more likely to retain their top talent during uncertain times when they fulfill employees' business needs, writes columnist Ben Bierman. Provide flexible schedules when possible, continually push and challenge employees, take the time to appreciate them and offer opportunities for professional growth and development, Bierman suggests. Full Story: IOL (South Africa) (2/7)
2021 Predictions for HR As a new year begins after one of the roughest years in modern history, employers are placing greater importance on the value that HR brings to an organization. Our 5 predictions outline how HR will have an important role in shaping work in 2021, including putting the "human" back into human resources. Read More
Creating a "courageous culture" Managers can help employees feel comfortable enough to offer ideas and solutions by nurturing a "courageous culture," write Karin Hurt and David Dye, founders of Let's Grow Leaders. Hurt and Dye outline three ways managers can foster this culture, including by responding with regard when employees contribute ideas and using "courageous questions" to draw insights. Full Story: Training magazine (2/4)
Make company culture a coordinated effort Give everyone at the company a role in building a culture that aims to improve business results, writes Denise Lee Yohn. "The new approach shows that organizational culture has become less a code established by leaders and more of a toolkit for all to draw from and input to," Yohn writes. Full Story: Harvard Business Review online (tiered subscription model) (2/8)
About the Editor
Kanoe Namahoe
A girl from Maui covering the workforce and K-20 education. I began working from home when my daughter was just five months old. She’s now 21 and planning her wedding. Working remotely allowed me to foster relationships with my kids -- take them to school, attend school events, coach soccer teams and cook real meals. It helped me be successful as a mother and professional. Are you planning to continue offering work-from-home options to employees as offices reopen? Why or why not? Let me know. Drop me a line at kanoe.namahoe@futurenet.com.
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