Wage and Salary Growth Outpaces Predictions, AI Could Threaten Entry-Level Jobs, How to Enhance HR Systems, more

Persistent inflation is still affecting labor costs.

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SHRM's HR Daily May 2, 2024       You’re just getting started. Access compliance alerts, tools and more. JOIN NOW     Wage and Salary Growth Outpaces Predictions The U.S. Department of Labor's Employment Cost Index, a key indicator of wage and benefit growth, reported a higher-than-expected increase in the first quarter of 2024, signaling persistent inflationary pressures.     AI Could Threaten Entry-Level Jobs A new survey reveals that the increasing use of artificial intelligence in the workplace could decrease opportunities for internships and entry-level jobs for new college graduates, with 78 percent of hiring managers predicting layoffs due to AI integration. Applicants with AI skills and training will have the advantage, employers say. Explore SHRM's expert business solutions for integrating AI in the workplace. When combined with human ingenuity, AI has the capacity to transform your organization while maximizing human potential.   Advertisement     People first, employees second Creating a more human workplace experience means meeting four core needs of your employees. Read how ADP's HR outsourcing can help you create and maintain an employee journey that builds loyalty and keeps workers invested. Read this short article     MORE FROM SHRM ONLINE     Marathon Petroleum Enhances HR Systems with Best-of-Breed Technology  By integrating best-of-breed technology solutions with its core human capital management suite, Marathon Petroleum can fulfill the complex requirements of its large hourly workforce.     Tech Talk: The Many Costs of HR Software Sprawl Flawed governance and suspect buying decisions have created a growing "technology debt" for the HR departments in many organizations. But the answer to the problem isn't to always require strict, centralized approval of every HR tech purchase.   Advertisement     Webinar: Building A Mindset of Mental Fitness in Your Workforce Curious about elevating employee well-being using your existing portfolio of benefits? Build a blueprint to make mental fitness foundational to your recruitment and retention strategy. Join leaders from Cisco, REI, and Kaiser Permanente on May 15, 10 a.m. PST, as they share success stories and sustainable strategies. Register now     New Protections for Fertility Treatments in Belgium Belgium's new law safeguards job security for employees undergoing fertility treatments. It aims to address the stigma and practical challenges associated with infertility.     SHRM WEBCASTS COMING SOON     SHRM's Mental Health & Wellness Virtual Retreat Stress, Burnout, and the Workplace: Strategies for Enhancing Employee Engagement May 22, 11 a.m.-4 p.m. ET / 8 a.m.-1 p.m. PT Sponsor: Calm In this keynote session, SHRM President and Chief Executive Officer Johnny C. Taylor, Jr.-SHRM-SCP; Calm's Chief Clinical Officer Chris Mosunic; and Stress and Burnout Coach Chibs Okereke discuss the damaging effects of workplace burnout on motivation and performance. This widespread issue impacts employees at all levels and requires organizations to prioritize mental and physical health in their employee wellness strategies. Join us to learn self-care techniques for stress management and discover how integrating self-care tools can help foster a supportive workplace culture and prevent burnout.      From Boomer to Zoomer: How Different Generations Interact with Workplace Tech May 7, 2 p.m. ET / 11 a.m. PT Sponsor: Paycom Workplace technology expectations and attitudes vary significantly across generations, leading to different views on what constitutes inefficient technology and strategies for addressing tech-related issues. This webinar will cover the generational differences in tech expectations, the connection between tech disengagement and cognitive overload, tech disengagement's impact on productivity, and the costs of manual tasks when technology fails. You'll be equipped with a wealth of resources and actionable steps to improve your organization's tech strategy and employee engagement.     Top 5 Considerations When Switching HR Software May 15, 2 p.m. ET / 11 a.m. PT Sponsor: Paypro Is your organization striving to increase productivity with HR software amid the rise of remote work and sophisticated cyberthreats while needing to monitor workforce performance effectively? In this program, discover how to navigate the complexities of selecting the right HR platform through the lessons learned from successful transitions. You'll understand the nuances among human capital management, professional employer organizations, and in-house options; software-as-a-service versus licensing; database configurations; and reseller considerations. Gain clarity on the critical factors that define a successful HR technology strategy, including the most important aspect to consider when partnering with a new vendor.     The People Development Balancing Act: How (and Why) HR is Prioritizing Engagement May 16, 2 p.m. ET / 11 a.m. PT Sponsor: Eloomi How do you maintain employee engagement? Research from The People Development Balancing Act reveals a global trend: inadequate conversations and limited development opportunities result in high employee turnover, projected to cost $160 billion annually in the U.S. alone. Join this webcast to discover insights from the People Development Report, dive into the challenges of employee engagement, and learn strategies and practical tips to improve your approach to people development and talent retention.     View the complete schedule of SHRM webcasts.   Advertisement     DEI reality check: Uncovering workplace realities from our 2024 findings In this exclusive preview of our 2024 Workplace DEI report, learn what we've uncovered about the triple threat to DEI progress and strategies to counter these challenges, based on data from nearly 400 companies and over 175,000 employees. Attendees of this session receive first-look, exclusive access to the report. Register now for free     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. Human Resource Manager - American Association of Clinical Endocrinology - Jacksonville, Fla. (Remote)     EXPRESS REQUEST     Pregnant Workers Fairness Act Final Rule Takes Effect June 18 The U.S. Equal Employment Opportunity Commission's final regulations for implementing the Pregnant Workers Fairness Act cover lactation support and other accommodations for expectant workers—as well as accommodations for workers seeking an abortion. The guidance is drawing cheers and criticism from government and workplace leaders. Visit SHRM's Pregnant Workers Fairness Act Final Rule Express Request.     USEFUL LINKS   Join us at the SHRM Annual Conference & Expo 2024, June 23-26 in Chicago. Emmy Award-winning talk show host Sherri Shepherd is among the Main Stage speakers. Register today. SHRM INCLUSION 2024: Registration is now open. Join us Nov. 4-7 in the Denver metro area or virtually. SHRM is starting 1 Million Civil Conversations. Together we can make the world a better place, one conversation at a time. Learn more at shrm.org/civility.     FEATURED WHITE PAPERS   Global Fertility at Work Report   OFFERED BY: Carrot   Fertility is not only a global health care concern, but also an important workplace issue. Read the full report for more insights on how fertility can impact people at work and learn why fertility benefits are critical to recruitment, retention, and inclusivity in the workplace.   READ MORE   Employer Guide to LGBTQ+-Inclusive Fertility Benefits   OFFERED BY: Carrot   If your organization is interested in inclusive fertility health care and family-forming benefits, check out this guide that covers the family-forming journeys an LGBTQ+-inclusive fertility benefit should support, terms you should know, guidance on inclusive language, and much more.   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.