HR Articles and Research

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Trends in Workforce Solutions

Article contributed by Manpower Group Solutions TAPFIN, September 2011

According to a recent study by the Georgetown University Center of Education and the Workforce, by 2018, 63 percent of all jobs will require at least some level of postsecondary education. The study also revealed that the US will need 22 million new workers with this level of education to sustain the current economic growth.

Leaders across organizations understand these challenges, especially those in human resources or procurement functions. For HR leaders, it’s all about finding and retaining the best talent. The goals are the same for procurement, but the focus must also be on cost savings, visibility into overall supplier base and compliance to assure the business is efficient in finding the right talent. This right mix of talent includes both full-time employees and a growing segment of employees for organizations – contingent labor.
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Tags: temporary staffing, Human Resources

Trends in Relocation Services

Article contributed by Weichert Relocation Services, Inc., September 2011

Weichert Corporate Relocation Survey Reveals Less Policy Change, More Focus on Talent Management and ROI.

With the recession behind them, corporations are making fewer changes to their relocation policies and placing more focus on talent management, according to a new survey from Weichert Relocation Resources Inc. (WRRI).

Now in its fifth year,
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Tags: relocation services, Human Resources

How to Justify Hiring the Right Way

Submitted by Acxiom Information Security Services, Inc., December 2010

ROI Calculations: Time-Consuming, Necessary
Suppose a retail business is considering a move to a high profile, high-traffic location. The rent is expensive, but worth it, right? (More traffic = more customers = more sales.) No matter how logical it sounds, logic doesn’t pay the rent – or justify an expense. Likewise, while common sense says that screening every candidate as thoroughly as possible is just good business, quantifying what seems obvious requires extensive evaluation of your business practices. Background checks do pay off, but determining how much and how soon takes some work, and the answer will differ for every organization.

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Tags: Background Checks and Drug Screening

2010 Trends in Drug Screening

Submitted by Acxiom Information Security Services, Inc., September 2010

More Than Just a Weed-Out Policy
Employees who see random tests carried out on a regular basis are more likely to curtail their use of recreational drugs – but they may not stop. Organizations that utilize random or "surprise" tests should have their policies thoroughly reviewed by legal counsel and conduct self-audits periodicallyi to ensure everyone in the organization is treated fairly. Employers should also carefully consider return-to-work policies and determine what treatment and continuing care should be made available to employees. Many employers believe workers can return safely to the workplace after certain conditions have been met.ii

Employers should always feel welcome to ask their drug screening providers for guidance or samples of employer policies that work in the real world.
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Tags: Background Checks and Drug Screening

Trends in Pharmacy Benefits Management

Submitted by CVS Caremark, March 2011

New Study Finds Pharmacists and Nurses are the Most Effective Health Care ‘Voices’ in Promoting Medication Adherence

A new study looking at in-person, electronic, telephonic, fax and mail communications that counsel patients to stay on their medications concludes that pharmacists at a retail store are the most influential health care "voice" in getting patients to take medicine as prescribed.

The research, based on a review of more than 40 years of studies published in medical journals, showed that nurses talking with patients as they are discharged from a hospital are the second most influential voice encouraging patients to stay on their medicines. Both in-store pharmacists and hospital-based nurses are more effective than pharmacists communicating to a patient via the telephone or doctors instructing patients regarding prescriptions, the researchers said.
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Tags: Pharmacy Benefits Management (PBM)

Evaluating "Hidden" Specialty Drug Spend

Submitted by CVS Caremark, June 2011

Evaluating “Hidden” Specialty Spend
It’s estimated that as much as 50 percent of specialty pharmaceuticals are administered in the physician’s office or in other clinical environments. These drugs are commonly purchased by the clinician and billed under the member’s medical benefit (“buy and bill”) resulting in reduced opportunity for cost or clinical management.

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Tags: Pharmacy Benefits Management (PBM)

Trends in International Assignee Compensation

Submitted by Weichert Relocation Resources Inc., December 2010

Finding the "Right" Compensation Strategy for your International Assignees
One of the biggest challenges in maintaining a globally mobile workforce -- from a strategic and logistical perspective -- is determining which type of compensation approach to take with your assignees. What works for a handful of assignees moving from one home country may not work when you are balancing a large mobile workforce made up of thousands of nationalities being shuttled between hundreds of countries on a dozen different assignment types.

There are three compensation methods that are most commonly used by today’s companies:
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Tags: relocation services

Trends in Talent Acquisition

Submitted by Volt Workforce Solutions, March 2011

How Can Procurement Assist HR in a Recovering Economy? Consider RPO
Quarterly profits by U.S. companies are improving, and there is strong employment growth in the contingent staffing sector. An improving economy means procurement professionals can shift their focus from cost reduction policies to post-recessionary strategies for driving growth.

On the other hand, human resources (HR) departments are facing their own challenges - doing more with less, growing policy and compliance responsibilities and sifting through mountains of resumes. Given these circumstances, now is an opportune time for procurement to assist HR as a strategic partner in acquiring talent.
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Tags: recruiting

Dispelling the Myths of Independent Contractors

Article contributed by Volt Workforce Solutions, June 2011

It’s often said that if it walks like a duck and talks like a duck, then it probably is a duck. Many companies use this “I’ll know it when I see it” reasoning to identify independent contractors (IC’s) in their organization. Unfortunately, this thinking contributes to some of the biggest myths about IC’s, as well as increasing misclassification issues. Some of the myths surrounding IC’s include:

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Tags: temporary staffing

Mobility and the Current Real Estate Market

Article contributed by Weichert Relocation Resources Inc., June 2010

Corporations are becoming increasingly strategic in managing their workforce mobility programs, using innovative measures to keep employees mobile despite a challenging economy, according the Mobility and the Current Real Estate Market survey conducted by Weichert Relocation Resources Inc. (WRRI). The 2010 edition captures input from close to 200 relocation and HR professionals responsible for over 26,000 annual moves.

WRRI’s 2010 Mobility study shows that the current real estate market and new regulations for mortgage institutions have complicated the relocation management process for businesses. Companies are updating their relocation policies with greater regularity to overcome mounting obstacles to employee mobility—particularly employees who cannot afford to sell their homes or have difficulty securing mortgages. Ninety percent of the organizations surveyed made changes to their policies within the past year.
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Tags: relocation services