HR Technologist notes that the United States is in the midst of the most significant talent shortage since 2001. They share three simple steps for HR leaders position their organizations to stay competitive:
2) Develop Employee-Friendly Policies That Won’t Break the Bank: HR leaders must create a positive company culture without breaking the bank. While allowing employees to work remotely one day per week is great, it is not unique. Great HR leaders must be creative to differentiate from the competition. As an example, given that Americans currently owe a record $1.4 trillion in student loan debt, companies such as Aetna, PricewaterhouseCoopers (PwC) and Fidelity have allowed their employees to choose between a 401K match plan or help paying off their student loans. This flexible solution isn’t costing additional money and it has had a wonderful impact on company culture.