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How to Manage High Prescription Drug Prices, UAW and Stellantis Reach a Deal, Workplace Culture Over Self-Care, more

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SHRM's HR Daily
Oct. 30, 2023
 
 
 
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Prescription Drug Prices Are on the Rise. How Can Employers Manage?
Potentially game-changing—and expensive—drugs for weight loss, Alzheimer's and other diseases are coming on the market, while the trend line for the cost of prescription drugs already on the market continues to rise. Here's how employers can manage high costs more effectively.
 
 
 
Autoworkers Reach Agreement with Stellantis
The United Auto Workers union agreed to a tentative deal with Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram.
 
 
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MORE FROM SHRM ONLINE
 
 
 
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Aligning Workplace Culture with Employee Mental Health: 6 Steps to Success 
For better employee mental health, employers may want to focus on culture rather than self-care. In a recent survey, 58 percent of surveyed workers rated a healthy, sustainable work culture as "very or extremely helpful" for their mental health, while only 35 percent of them rated self-care resources as "very or extremely helpful."
 
 
 
AI Has the Potential to Advance Skills-First Hiring
Skills-first hiring—where employers look beyond long-established requirements such as college degrees and prior job duties to focus instead on a job applicant's hard and soft skills—has been gaining support from academics, policymakers, innovators, nonprofits and employers. Now innovative artificial intelligence is being seen as a potential accelerant for the movement.
 
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Mapping success: Navigating the employee experience journey with Tripadvisor
Director of Employee Experience at Tripadvisor, Karen Mendoza, will share how she implemented a strategy of active listening to improve the employee experience and drive business performance in a largely remote work environment.
Register for free now
 
 
Succession Planning Is Back in the Spotlight
The U.S. House of Representatives' recent struggle to elect a Speaker is a clear example of how the absence of a key leader and the inability to fill that role quickly can destabilize an organization.
 
 
 
Are Employers Obligated to Give Workers Time Off to Vote?
Federal law does not require employers to give employees time off to vote, but a majority of states and some local ordinances mandate voting leave time, especially when an employee's work hours do not permit sufficient time to vote during poll hours. SHRM members can learn more about time-off requirements for voting in this HR Q&A. Gain access to members-only content and more when you join SHRM or renew your membership.
 
 
 
How Do Employee Participation Schemes Work in German Startups?
The competition for talent has become a major challenge for many startups in Germany. As a result, employee share ownership programs can provide a strong tool for success.
 
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Prior Authorization Hurts Your Workforce
58% of physicians report that prior authorization (PA) has impacted a patient's ability to perform his or her job responsibilities. Ultimately, PA can interfere with maintaining a healthy, productive workforce.
See How You Can Take Action
 
 
SHRM WEBCASTS COMING SOON
 
 
SHRM Creative Communication Series
Now available on demand
Sponsor: Adobe Express
Join thought leaders from Adobe and SHRM as they delve into best practices to transform your organization with creativity. In these engaging and informative sessions, we will take a deep dive into the world of best practices, sharing invaluable insights on how to revitalize and elevate your organization through the transformative power of creativity. Get inspired with actionable ways to achieve recruitment, employee development and culture-building goals with the easy-to-use content-creation platform Adobe Express.
 
 
 
How to Invest in Your Workforce During a Slow Economy (Without Spending More Money)
Oct. 31, noon ET / 9 a.m. PT
Sponsor: Jellyvision
With health care expenses on the rise and inflation rates high, it's mission-critical to find ways to build relationships and improve employee satisfaction, all without spending more money. You may wonder: "How on earth is it even possible?" That's what this program will discuss. You will learn steps you can take to strengthen your employer-employee relationships, how to create personalized experiences and go beyond the buzzword, and ways to pull these strategies together to help increase employees' understanding and perceived value of their benefits, all without spending another dime.
 
 
 
In Focus: Bringing Out the Humanity in Your Employer Brand
Nov. 1, 2 p.m. ET / 11 a.m. PT
Sponsor: UKG
Does what you say about your brand match what your people say about your brand? To become an organization that top talent wants to work for and stay with, a strong employer brand will set you apart. In this webcast, we will get together for an honest conversation about what it really means to build an authentic, human brand. We'll discuss how to focus on what makes your organization unique, capture the right feedback, and develop a deep connection with talent and customers alike.
 
 
 
Technology Is the Employee Experience: Understanding and Improving an Essential Workforce Connection
Nov. 8, 2 p.m. ET / 11 a.m. PT
Sponsor: Paycom
As the digital world continues to shape the workplace, choosing the right workplace tech has become more important than ever. Attend this session to learn how self-service technology will help lift your employee experience while minimizing costly payroll errors. In this program, hear from an HR expert as they discuss how to have a satisfied workforce by identifying what your employees need from HR tech, prioritizing digital transformation for employee well-being and creating better experiences to meet evolving employee expectations.
 
 
 
Building a Business Case for HR Transformation: A Step-by-Step Guide
Nov. 13, noon ET / 9 a.m. PT
Sponsor: Ceridian
In this program, industry experts provide a step-by-step guide to building a successful business case for HR transformation. You will learn how to set business goals, get leadership buy-in, measure outcomes and quantify project success. You will learn how to analyze organizational readiness and prepare for change, craft a business case that gets internal buy-in from leadership, select and measure against the right KPIs for your business, and determine return on investment and overall impact once a project has completed.
 
 
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: Gallagher
 
When it comes to attracting and retaining talent without compromising the bottom line, business leaders are saddled with difficult choices. Explore Gallagher's Organizational Wellbeing Report to learn how more than 4,000 organizations are navigating these decisions so their people and businesses can thrive.
 
 
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OFFERED BY: Pivot
 
There are steps you can take to help your employees reduce their tobacco use while also improving their mental and physical health. This white paper will help you better understand these challenges and show you how to help reverse these trends for your employees.
 
 
 
Access more content and insights from SHRM's White Paper Library.
 
 

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