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Retention Ideas in a Recession | NY Employee Benefits Consultants

Employee engagement is the top priority of respondents to HR Exchange Network’s latest State of HR survey. Obviously, employers are keen to engage employees to increase productivity and retention. However, the economic downturn and inflation is complicating matters, and Human Resources leaders are seeking new ways to reach talent. Recently, Eric Mochnacz, strategic senior HR leader and Director … Continued

10 HR Trends for 2023 | NY Employee Benefits Group

The new year is on the horizon, and everyone is predicting what 2023 HR trends to anticipate. Recently, HR Exchange Network posted a question on Terkel.io to discover what Human Resources and business leaders will be navigating, challenging, and experiencing in the year ahead. Here are the answers: Bring It with Gamification “Gamification is one of the … Continued

What Is Empathy in Human Resources Management? | NY Employee Benefits Consultants

Empathy in Human Resources Management is something that comes up often. The idea of a stern leader, who rules with an iron fist, is outdated. Today’s leaders are expected to build relationships and trust to ensure they get the most out of employees. HR has the double burden of demonstrating empathy and teaching executives to model this kind of … Continued

10 Unforgettable Quotes on Employee Engagement and Experience | New York Benefits Partners

Employee engagement and experience is at the core of what most Human Resources professionals do on a daily basis. From hiring to succession planning, HR is first and foremost focused on recruiting and retaining top talent. Keeping those talented people engaged in their work is key to achieving positive business outcomes. Recently, speakers at the 2022 HR … Continued

Emotional Compensation: An Employee Engagement and Retention Tool | New York Employee Benefits Firm

First came the pandemic, which was followed by The Great Resignation and the labor shortage, and now quiet quitting. Employers are challenged to attract and retain employees among all these upheavals, keep them engaged, and maintain a psychologically safe work environment. Higher wages, hiring bonuses, increased benefits packages all sound like possible solutions. If your current retention strategy is not having … Continued

4 Ways to Recession-Proof HR | New York Employee Benefits Firm

By all accounts, the United States is likely heading into a recession. Already, the country experienced two consecutive quarters of declining gross domestic product (GDP), which is a red flag. Other signs include inflation, the cooling down of venture capitalist’s investment, a declining stock market, and varying interest rates. However, a strong job market persists, which … Continued

How Inflation Influences Layoffs | New York Employee Benefits Firm

The United States, like some other countries around the world, including the United Kingdom and China, are facing an inflation crisis in this post-pandemic era. Inflation has great influence on Human Resources because it can cause the need for wage stagnation and budget cuts. The biggest disappointment during times of high inflation is the possibility … Continued

Benefits Education 101 for Employees | New York Benefits Group

Companies spend a large amount of time and money creating valuable benefits plans for employees.  But after all that work, they often get low participation.  Good benefit choices require an effort from employers to ensure that employees have help in understanding their benefits options.  To make things even more complex, employers are having to consider … Continued

What Employees Want: Hybrid Work and Flexibility | New York Benefits Group

2021 was quittin’ time in America.  Last year alone over 47.4 million Americans quit their jobs. This year, employees seemingly have the upper hand against employers.  The Turnover Tsunami, a.k.a. The Great Resignation, has forced a reckoning with the workplace and few employers have come away unscathed.  Organizations are now shifting priorities to make employee … Continued

Say Hello to Generation Z | NY Benefits Team

In the last few years, members of Generation Z—those born between 1995 and 2010—have begun to enter the workforce. They are remarkably different than their millennial predecessors and their arrival should force businesses to change their marketing strategies and rethink recruitment and retention techniques. The following article examines the typical characteristics of Generation Z and … Continued