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Paychecks Aren’t Keeping Up With Inflation, OPM Boosts Pay and Benefits, Nichol Bradford on Human Capital Leadership in the AI Era, more

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SHRM's HR Daily
March 4, 2024
 
 
 
You’re just getting started.
Access compliance alerts, tools and more.
 
 
 
SHRM24 Early-Bird Extension Ends at Midnight ET!
 
You have hours left to save on SHRM24. Explore sessions like Positioning Your People to Pursue Growth and Market Competitiveness and Internal Equity: Striking the Right Balance in Your Compensation Programs as you customize your schedule to max out your professional growth. Register today.
 
 
 
 
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Most Workers Say Paychecks Aren't Keeping Up With Inflation
Even as inflation cools, employees are still feeling the sting of high cost of living, a new survey finds. In fact, nearly 4 in 10 workers say their overall financial situation is more stressful than it was a year ago.
 
 
 
OPM Boosts Pay, Benefits to Build a Federal AI Workforce
The Office of Personnel Management (OPM)—the federal government's HR department—issued guidance to federal agencies Feb. 27 outlining pay and benefits incentives for AI-related roles as the administration works to attract and hire workers with the latest in-demand skills.
 
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Workplace well-being data reveals continued opportunity
81% of employees say they've struggled with nervousness, anxiousness, and stress at work.
Download Report
 
 
MORE FROM SHRM ONLINE
 
 
 
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Nichol Bradford on Human Capital Leadership in the AI Era 
In this episode of the People and Strategy podcast, host Mo Fathelbab speaks with Nichol Bradford, SHRM's executive-in-residence for AI and HI enablement, to discuss how AI is changing not only the nature of work, but also the approaches needed for effective human-centric change management. Listen via Apple Podcasts or from SHRM's site.
 
 
Follow her this week on LinkedIn for her live insights from SHRM's AI+HI Project in Mountain View, Calif.
 
 
 
April EEO-1 Filing Platform Will Open at End of April
The U.S. Equal Employment Opportunity Commission (EEOC) announced that the 2023 EEO-1 filing platform will open on April 30.
 
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Handbook Policy Management: How to Keep Your Handbook Compliant & Relevant
Is your handbook effective? Only if it's up to date. And with 60+ laws in 2023 affecting handbooks, it's more critical than ever to continuously review and update yours—a process called policy lifecycle management. Discover six steps to succeeding at this, ensuring your handbook stays current and compliant today.
Download This Guide From XpertHR Now
 
 
Real Talk: International Women's Day and Working Moms
Join Tina McCormack Beaty, chief brand and marketing officer at SHRM, as she talks with Cara McNulty, president of behavioral health and mental well-being at CVS, on a topic they are both passionate about: navigating the complexities of being both executives in the workplace and nurturing moms at home. Their discussion is a part of SHRM's International Women's Day Virtual Retreat on March 8.
 
 
 
Avoiding Fright—and Flight—from Interviewees
Don't let hiring managers scare away job candidates during the interview process. Here's how to keep from waving potential red flags.
 
 
 
Triumphs, Lessons Learned in Using GenAI for Performance Reviews
As organizations apply generative AI to performance reviews, HR leaders find GenAI requires effective guardrails, the right choice of platforms and good employee training to maximize its benefits and minimize its risks.
 
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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
 
 
Starbucks Argues NLRB Received Too Much Deference on Preliminary Injunction
In a brief to the U.S. Supreme Court, Starbucks argued that an appeals court granted the National Labor Relations Board (NLRB) too much deference when it affirmed a preliminary injunction against the coffee store chain. The case involved allegations that Starbucks had interfered in union activity by firing union organizers.
 
 
SHRM WEBCASTS COMING SOON
 
 
SHRM's International Women's Day Virtual Retreat
March 8, 11 a.m.-5 p.m. ET / 8 a.m.-2 p.m. PT
Sponsor: SHRM
Celebrate, Inspire, Empower: SHRM Honors International Women's Day
Join us for an empowering celebration as we convene an extraordinary lineup of trailblazing women from the C-suite to share their insights, experiences and journeys. By bringing together a diverse group of participants and speakers, we aim to create an environment that is rich in perspectives and experiences, facilitating a day of learning, inspiration and empowerment. Together, let's take a step forward in shaping a more equitable and inclusive world.
 
 
 
Recognize the Skills Gap: Retraining to Retain Talent and Culture
March 18, 2 p.m. ET / 11 a.m. PT
Sponsor: Workhuman
In 2023, despite a paradox of record layoffs and low unemployment affecting organizational dynamics, companies face the imperative of a thoughtful strategy for talent attraction, retention and development in 2024. Responding to the changing work landscape, firms are increasingly adopting reskilling as a cost-effective method to stay competitive, with a skills-based workforce planning approach gaining traction for its long-term sustainability in talent management. This exploration emphasizes the benefits of investing in employee growth, such as preserving corporate culture and reducing recruitment expenses, empowering teams to address skill shifts proactively, and enhancing cross-generational collaboration through reskilling programs.
 
 
 
How Fertility Benefits Support All Generations
March 19, noon ET / 9 a.m. PT
Sponsor: Carrot
Today's diverse workforce, spanning from Generation Z to Baby Boomers, presents a unique challenge in designing benefits packages that cater to the varied needs of each generation. Implementing a comprehensive fertility benefit can support employees at every stage, including those just beginning to explore fertility health, those managing menopause and those experiencing low testosterone symptoms. This webcast will explore how age-inclusive fertility benefits not only meet the health care needs of a diverse workforce but also enhance recruitment and retention by aligning with a company's values-driven approach.
 
 
 
The Future of Talent Management: How AI Can Help You Attract and Retain Top Talent
March 25, 2 p.m. ET / 11 a.m. PT
Sponsor: Dayforce
The integration of artificial intelligence, machine learning, and talent intelligence into HR practices is fundamentally altering how organizations approach the attraction, engagement, and retention of top talent. This webcast aims to unpack the profound changes these technologies are bringing to the HR landscape, highlighting their potential to streamline processes and enhance decision-making in talent management. Attendees will gain insights into how they can effectively leverage these advancements to optimize their end-to-end talent management strategies, thereby improving organizational efficiency and competitive advantage in the talent marketplace.
 
 
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.
 
 
USEFUL LINKS
 
 
 
FEATURED WHITE PAPERS
 
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OFFERED BY: Airvet
 
This guide explores the business case for pet family benefits, drawing on research indicating that organizations providing such perks witness increased employee retention, engagement and well-being. The report provides actionable steps to integrate pets into your benefits program.
 
 
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OFFERED BY: 
Fisher Investments
 
This 2024 401(k) compliance calendar and checklist makes it easy to stay ahead of important deadlines throughout the year. Use this downloadable tool to stay on top of key 401(k) dates, making plan administration quicker and easier. Included are a comprehensive compliance calendar, detailed compliance checklist and a list of five steps to manage your company 401(k).
 
 
 
Access more content and insights from SHRM's White Paper Library.
 
 

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