If you put off annual reviews during the last two years of the pandemic, you're far from alone. Roughly 30% of companies made changes to their review cycle in 2020, according to one McKinsey survey, and around 5% canceled them entirely.
Now, as more companies are deciding return-to-office plans and figuring out their long-term futures, the pendulum is swinging the other way: Annual performance reviews aren't just back. They're happening much more frequently than just once a year.
It might seem like a no-brainer to say that the more qualifications a job candidate has, the more well-suited they would be to fill a position. In reality, however, some candidates are overqualified, and this can become an issue if they accept the position.
If you're considering hiring an overqualified candidate, it's important to make sure you consider the decision from all angles.
A new report by the AHA said that labor costs per patient jumped by 19% in 2021 from 2019. High-cost traveling nurses made up 39% of hospital nursing budgets in January 2022, up from 5% in 2019.
What is your company's policy on pets in the workplace? What about emotional support pets?
Employers are increasingly receiving requests from employees with disabilities—ranging from physical limitations to psychological or emotional disorders—for the presence of an animal as an accommodation. Businesses would be wise to understand their obligations to address such requests and anticipate pressing issues in implementing these accommodations.
Too many leaders think of talent management as win-lose scenario, but it's actually better to focus on employee satisfaction, especially during a talent crunch.