US businesses have cut the pace of hiring to the lowest level in seven years, and fewer employers are increasing wages, according to a survey by the National Association for Business Economics. The hiring slowdown follows a decline in profit and sales growth.
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Despite hiring being essential to success, many businesses don't properly train their interviewers, writes workplace expert Alison Green. In addition to missing out on talent, poorly done interviews lead to candidates judging and reviewing the company's mistakes.
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A study by Koya Leadership Partners found that 96% of respondents say they believe board diversity is a priority, but only 24% have implemented programs to increase it. Koya's Molly Brennan outlines six ways boards can bolster their diversity composition, such as by going outside their networks to recruit members and working with diversity experts on training and best practices.
More than 30% of Jefferson Health employees participate in a genetic testing program that provides predictive data they can use to improve their health. "That's where the real opportunity is to cut costs in health care: Identifying risks and using that information to influence behaviors that lead to better health," said CEO Dr. Stephen Klasko.
The best leaders learn what makes their team members unique and then seek out commonalities while avoiding simplistic labels, writes Kevin Eikenberry. "This approach will deepen your understanding and enrich your relationships in all parts of your life, including as a leader," he writes.