Job Cuts Remain Historically Low, Black Employees Now Face a New Challenge, White-Collar Workers to Be Most Impacted by GenAI, more

Experts do not believe well-publicized layoffs are signs of overall economic troubles.

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SHRM's HR Daily Feb. 1, 2024       You’re just getting started. Access compliance alerts, tools and more. JOIN NOW     Layoff Announcements Surge, but Job Cuts Remain Historically Low Employers have made a steady stream of layoff announcements this past month, particularly in the tech sector, but job cuts remain at historically low levels despite high interest rates and inflation.     Despite Employment Gains, Black Workers Now Face a New Challenge Black workers in the U.S. have made significant strides in their careers, but the industries in which many of them work are forecast to be overtaken by artificial intelligence and automation. At the start of Black History Month this February, here are some ways HR can help employees of color overcome this challenge.   Advertisement     Get a List of the Best HRIS Systems for your Company Finding a new HRIS/payroll solution for your company doesn't have to be a pain. Let the experts at Matchr do the heavy lifting for you! Just tell us what you need, and we'll send you a customized shortlist of the best systems on the market. It's simple - and best of all, free! Join the thousands of HR pros who've trusted Matchr to simplify their system searches for the past 11 years! Get Your Free List Now     MORE FROM SHRM ONLINE     White-Collar Workers to Be Most Impacted by GenAI  Generative AI (GenAI) will usher in big changes to the world of work, and the biggest impact will be on highly skilled professional workers, according to new research released by SHRM.     How to Respond to Employees Who Want to Use AI Employees are eager to use AI, and many employers are meeting their enthusiasm. From launching in-house tools to trying out an array of third-party solutions, workers are putting AI through its paces.     Advertisement   EEOC General Counsel: Anti-Discrimination Damages Caps Are Too Low Million-dollar jury verdicts in equal employment opportunity (EEO) cases sometimes mask large reductions in final judgments due to federal caps on compensatory and punitive damages. Are the caps for anti-discrimination laws too low?     Podcast: Kyle Holm on How to Retain Hourly Workers Nearly half of front-line workers are looking for a new job—a scary statistic for employers who need to keep their businesses running. Tony Lee, vice president of content for SHRM, talked with compensation consultant Kyle Holm on how to reward and recognize these vital employees.     New York City Creates a Right to Sue for Violations of Paid Leave Law New York City enacted a law that will create a private right of action allowing employees to file lawsuits in court alleging violations of the city's Earned Safe and Sick Time Act.     Advertisement   Sustainability Bonuses in the EU Are Potentially Problematic Some bonuses in the European Union incentivize sustainability among workers, but sustainability bonuses so far are rare and controversial.     SHRM WEBCASTS COMING SOON     How I Built My Benefits Strategy: The Missing Data Driving Real-World Change Feb. 5, 4 p.m. ET / 1 p.m. PT Sponsor: SureCo The old way of doing employee health benefits isn't working in today's rapidly changing professional landscape. Over one-third of employers surveyed say they will need to change their health benefits program next year. During this webcast, SureCo will unveil never-before-seen insights that HR and business leaders can use to transform their 2024 employee health benefits strategy and stay ahead of the competition—all while containing costs. You'll hear from business and HR leaders who have successfully transitioned their companies away from the traditional group model and embraced the flexibility that an individual coverage health reimbursement arrangement (ICHRA) provides.     Top FMLA Mistakes: Test Your Leave Knowledge  Feb. 7, 2 p.m. ET / 11 a.m. PT Sponsor: J. J. Keller It's never been said that Family and Medical Leave Act (FMLA) leave is easy to administer. In many situations, an employer's actions come down to good-faith effort. From recognizing what constitutes an employee's notice of the need for leave through returning the employee to work, the provisions have ample opportunity for mistakes. This webcast will review and test your knowledge of the most common FMLA mistakes through interactive chats. The discussion will include common FMLA mistakes, how to avoid such mistakes/violations, reasons that qualify for FMLA, and certifications and recertifications.     The Key HR Trends Shaping the Future of Work in 2024 Feb. 16, 2 p.m. ET / 11 a.m. PT Sponsor: Workhuman HR leaders are at the forefront of adapting to significant changes in employee experience and organizational dynamics, with 2024 marking a year of key trends in this area. In a discussion, we will delve into these changes, offering strategies for building human-centric, high-performance work cultures and examining the economic aspects of employee engagement. Key learnings will include AI's influence on HR practices, the importance of integrated well-being strategies in talent management, methods to empower employees in upskilling and strategies for cultural evolution with measurable returns on investment.     Using Your Employee Onboarding Program to Reinforce Company Culture Feb. 23, 2 p.m. ET / 11 a.m. PT Sponsor: BizLibrary Most organizations have an orientation program that covers operational procedures, policy outlines, job responsibilities and employee portal usage, ensuring new hires are equipped for their roles. However, many overlook the importance of integrating new employees into company culture, known as onboarding, which enhances employee satisfaction, retention and overall productivity. This webcast will enable attendees to understand the return on investment of effective onboarding, identify gaps in their current practices, learn key aspects of successful onboarding and explore methods for involving the entire organization in this process.     View the complete schedule of SHRM webcasts.     HR JOB OF THE DAY   Need to hire highly qualified HR candidates or looking to move your own HR career forward? SHRM HR Jobs can help you reach your goals by connecting top employers with premier HR professionals. Now more user-friendly and with new features, including the ability to filter candidates by SHRM credentials. Visit SHRM HR Jobs to learn more. HR Manager / Director - VPGC LLC - Hinton, Va. (Onsite)     EXPRESS REQUEST     2024 Benefits Plan Reporting & Disclosure Calendars We've compiled a variety of reporting and disclosure calendars to assist you in keeping your benefit plans in compliance throughout the year. Visit SHRM's 2024 Benefits Plan Reporting & Disclosure Calendars Express Request.     USEFUL LINKS   These three critical resources give you the best chance to pass your SHRM certification exam. ​SHRM podcasts feature insightful interviews, captivating conversations and timely tips for anyone who wonders about the workplace. Have global HR responsibilities? SHRM's HR Knowledge Center has compiled employment law resources for over 40 countries.     FEATURED WHITE PAPERS   ADP Workforce Now vs. Paychex Flex vs. Rippling   OFFERED BY:  Software Advice   Which is a better fit for your business? Each product may share some similar features and benefits. But each has its own pros and cons. And the differences between them could mean the success or failure of the tool for your business.   READ MORE   Recruitment Marketing Guide for Financial Services   OFFERED BY: Gem   Download this guide to quantify the importance of your employer brand and value props, discover best-in-class strategies for attracting top-tier job seekers and leverage existing templates and frameworks to evolve your recruitment marketing.   READ MORE     Access more content and insights from SHRM's White Paper Library.       Connect with us on social!              1800 Duke Street, Alexandria, Virginia 22314 USA Contact Us | shrm.org This email was sent to manojdole1.Architectural@blogger.com. This email may contain advertisements. Unsubscribe or Change Email Preferences | Terms of Use | Privacy Policy © 2024 SHRM. All rights reserved.