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January 2021

5 Predictions for the Future of Human Resources

Today’s HR department is a product of the Industrial Revolution era. Back then, factories needed supervisors to ensure that workers produced reliable, standardized results day in and day out. In the digital age, technology has (mostly) taken over the responsibility of producing standardized results. HR departments of today have a responsibility to plan for a future of technology and humans working together to accomplish business goals. This means thinking about how to best develop your workforce with both the capabilities of your tech and employees in mind. But what does that look like for HR professionals in practice? Taking advantage of the opportunities presented by the trends...

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HR Trends in 2021: Future of Human Resource Management

The last decade brought an avalanche of change to the HR industry. The rise of artificial intelligence. The growth of the gig economy. The increased push towards greater diversity. And, most recently, a global pandemic that has altered the reality of millions and redefined where and how work gets done. That begs the question, what’s in store for the future of the industry? This article will look ahead for a glimpse of which HR trends will continue to drive transformation and which new trends are emerging to shape the future of work. Key Takeaways Nearly 60% of employees want to work remote...

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Iceland’s four-day work week trial was a triumph for all

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Less is more in Iceland, where a shortened workweek led to better outcomes for workers and employers alike, according to new study results. The trial involved trimming people’s work hours without trimming their pay, in order to see how it would affect their health, happiness and productivity. Iceland rolled out the trial to 2,500 workers across a variety of industries from 2015 to 2019, as part of an experiment run by the U.K.-based think tank Autonomy and Iceland’s Association for Sustainable Democracy (Alda). The test group amounts to roughly one per cent of the tiny island nation’s population. Many employers cut their workweek from 40 hours to...

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6 Advantages of HR Outsourcing

With the growing focus on employee well-being and company culture, businesses both small and large can find advantages in outsourcing HR. Enlisting the services of a human resources outsourcing (HRO) provider like LBMC Employment Partners enables companies to do more for their employees, taking the stress off you or your existing HR department. With a convenient, single point of contact, an HRO can provide individual or blended services to ideally meet your HR needs. While an HRO often combines the duties of human resources services, payroll services, and brokering services, the advantages are generally found in a unique and tailored treatment for your business,...

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