Best Companies’ Post

🛠️ 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐢𝐧 𝟐𝟎𝟐𝟒 Picture a mid-sized firm, FutureTech. They’ve always prided themselves on offering competitive benefits, but the landscape is shifting rapidly. Over 80% of employers are enhancing or expanding their benefits in 2024, leaving companies like FutureTech scrambling to stay competitive. 🔹 𝐓𝐡𝐞 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐆𝐚𝐩 FutureTech faced several challenges: - 𝐎𝐮𝐭𝐝𝐚𝐭𝐞𝐝 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬: Their benefits package hadn't evolved in years. - 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐃𝐢𝐬𝐬𝐚𝐭𝐢𝐬𝐟𝐚𝐜𝐭𝐢𝐨𝐧: Surveys indicated growing frustration among employees. - 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐏𝐫𝐞𝐬𝐬𝐮𝐫𝐞: Competitors were attracting top talent with better benefits. 🔹 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐎𝐯𝐞𝐫𝐡𝐚𝐮𝐥 FutureTech took decisive action to address these issues: - 𝐂𝐨𝐧𝐝𝐮𝐜𝐭𝐞𝐝 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐯𝐢𝐞𝐰𝐬: Engaged employees to understand their needs. - 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Added new offerings like mental health support and flexible working arrangements. - 𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐝 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: Implemented a new benefits platform to streamline access and communication. 🔹 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐎𝐮𝐭𝐜𝐨𝐦𝐞𝐬 These changes yielded significant results: - 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐒𝐚𝐭𝐢𝐬𝐟𝐚𝐜𝐭𝐢𝐨𝐧: Employee satisfaction scores rose dramatically. - 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧: Fewer employees were looking to leave for better benefits elsewhere. - 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐑𝐞𝐩𝐮𝐭𝐚𝐭𝐢𝐨𝐧: FutureTech’s brand became synonymous with a forward-thinking, employee-centric culture. 💡 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲 Staying competitive in today’s market means continually reassessing and enhancing your benefits package. Listening to your employees and adapting to their needs can lead to higher satisfaction and retention. #EmployeeBenefits #WorkplaceInnovation #EmployeeEngagement #benefitsguyatusi https://lnkd.in/g8ca32nB

Businesses are struggling to keep up with the risks posed by major global trends, with nearly three-quarters of decision-makers saying their companies are not moving fast enough to address challenges around trade, technology, weather, and workforce issues. The majority of executives view these #megatrends as critical to their organisations, but say it is increasingly difficult to make the right decisions to address the associated risks and opportunities. #Workforcechallenges are a major concern, with rising costs, the need to #reskill and #upskill employees for new technologies, and difficulties planning for #futuretalent requirements as companies utilise more contingent and flexible work arrangements. #BusinessRisks #GlobalMegatrends #WorkforceRisks #EmployeeExperience #SkillsGap #ReskillUpskill #GreenTechnology #ClimateChangeCulture #FutureTalent #ContingentWorkforce https://lnkd.in/dJcu-Ueb

Two weeks ago I had the amazing opportunity to travel to Chicago for the first time and attend the #SHRM24 Conference. I learned so many helpful tricks and tips and I wanted to share with you all a few of my biggest takeaways: 🧠 To get employee’s truly motivated, it must occur within their minds and hearts (AKA intrinsically). To achieve this intrinsic motivation we need autonomy, complexity, and feedback in the workplace.   ⏳ 67% of employees complain that spending too much time in meetings hinders productivity. How do we mitigate this? You can try implementing time boxes, meeting quotas, and reverse meetings.   🙅♀️ Women in the workforce 8x more likely than men to have their employment affected by caregiving responsibilities. What can employers do to support women in the workplace? 1.    Minimize beginning and end of day commitments 2.    Offer flexible work arrangements 3.    Offer wellness and disease management programs   If you went to #SHRM24, I am curious to know what was something you learned? If you’re willing, please share in the comments or private message me so we can lean into having more civil conversations 😁

There will be very few organisations to have come through the Covid crisis completely unchanged or unscathed. The ones who will emerge stronger will be the ones who understand this, address the challenges it brings, and embrace the positive changes to the organisations “new Big Picture”. https://lnkd.in/dYGdJ8v #bigpicture #reconnecting #companyvalues

I'd like to hear your thoughts on attracting and retaining employees in the manufacturing and distribution sectors amidst the challenges of 2024. Employers are navigating a tight labor market, ongoing inflation, and uncertainty. To tackle these issues, here are some proven strategies: - Competitive Compensation Packages: Offer competitive wages and performance-based bonuses in line with industry standards. - Training and Development: Provide continuous training to enhance skills and show employees their value. - Focus on Workplace Safety: Ensure a safe and comfortable working environment for physically demanding roles. - Flexible Scheduling: Offer flexible working hours to improve job satisfaction and reduce turnover. - Employee Recognition Programs: Boost morale by regularly recognizing hard work and achievements. - Streamline Processes: Invest in technology to make roles more efficient and attractive. - Health and Wellness Programs: Support employees' well-being with health initiatives and counseling services. - Community Building: Foster a strong company culture through team-building and open communication. What strategies have you found successful in your organization? Let's exchange ideas to support each other through these challenging times. #Manufacturing #Distribution #EmployeeRetention #WorkplaceSafety #CompetitiveCompensation #EmployeeWellness #IndustryTrends #2024Challenges

The workplace as we know it has undergone many changes in recent years. While the pandemic was a major catalyst of it, even with the restrictions lifted, the way we work continues to evolve. This means the companies are in a semi-limbo state where they need to adjust fast as the changes are still ongoing. The good news is that there already are certain trends emerging that allow us to predict the future. As well as tools that will serve you no matter the direction the changes go. In this article, we will be talking about the current state of the workplace and where we predict it’s heading. Additionally, we will share our tips on how to easily adapt as you go and what you need to be successful in that. Namely, the purpose of this article is to help you prepare for the future, even if the future is uncertain. Continue reading: https://lnkd.in/eMwB8rWM #WorkforceManagement #PlanningAhead #TimeTracking

CoreNet Global’s UK Chapter, in collaboration with Fora, is thrilled to unveil "The NextGen Workplace"—a forward-looking report that explores how the upcoming generation is redefining the workplace and reshaping employer priorities. The report launched at Future Focus this year but is now available for everyone. - Why this report matters: The NextGen workforce, set to comprise over 25% of employees in OECD countries by 2025, brings new expectations for flexibility, purpose, and inclusivity. This report identifies the key trends driving this generational shift and provides actionable insights for employers to remain competitive in a rapidly evolving market. Highlights from the report: - Flexibility as a baseline: 85% of NextGen workers value adaptable working cultures. - The office as a social hub: Young professionals seek collaborative, inclusive spaces to foster community. - Inclusivity is non-negotiable: Diverse teams are not just preferred—they’re expected. - Well-being at the core: Employers must prioritise holistic wellness strategies. - Tech-powered innovation: Seamless integration of AI and smart systems is essential. - Purpose-driven leadership: 87% of Gen Z workers would leave a job misaligned with their values. Adam Hoy, President of CoreNet Global UK Chapter, emphasises: "This report is a call to action for organisations to embrace these trends and create workplaces that inspire, connect, and empower the next generation. The anticipations of this cohort will benefit professionals of all ages, fostering a more dynamic and engaging work culture." Dive into the full report to uncover how you can stay ahead in the race for top talent. https://lnkd.in/dABccjYt Ellie Sharpe #CoreNetGlobal #NextGenWorkplace #FutureOfWork #WorkplaceInnovation #Leadership

It's no surprise that the need for #benefits technology in the workplace is intensifying. https://bit.ly/49KeECp Investment in #technology allows employers to better plan for the long-term, respond to challenges and streamline their processes. Explore our new report and learn how to adapt, connect and succeed in the #FutureofWork.

There’s a new breed of talent entering the workspace. 🙋♀️ So, who are they? . The Adecco Group ’s latest report, ‘Working through change: adapting to an AI-driven world of work,’ examined the working landscape and discovered a rare group of workers who are agile, tech-savvy, and outperform most workers. They are called the ‘future-ready workers.’ . So, where can you find these workers? Is there a way to develop your workforce to become ready for the future as well? Download the ‘Working through change: adapting to an AI-driven world of work’ report to find the answers and see how you can prepare your organization for the next wave of megatrends: ➡️ https://bit.ly/4hyxul1 . #GlobalWorkforceOfTheFuture #JobSecurity #FutureReady #Adecco #AdeccoThailand #GWOF2024

Worth a watch, especially if you're trying to determine how your organization is approaching the role of the office work vs. flexible work vs. fully remote work environments.