The Global Compensation Report from Deel, a human resources (HR) and payroll platform that helps companies manage international workforces, reveals a complex tapestry of compensation trends across the globe, with significant implications for both employers and employees. The data, drawn from over 300,000 worker contracts across...
American organizations are bracing for potential shifts in economic policies, regulatory landscapes, and global trade dynamics with the current political climate. Combined with ongoing challenges such as heightened geopolitical tensions, these uncertainties demand leaders who can adapt quickly and effectively. For Chief Strategy Officers (CSOs),...
In an era where migration levels are reaching unprecedented heights, the United States continues to top the list of the most desired destinations for potential migrants worldwide. Gallup’s latest global migration data reveals that 18% of those who wish to move permanently would choose the...
A recent Gallup study revealed a startling decline in US employee wellbeing, with only 50% of employees thriving in their overall lives—a record low since measurements began in 2009. The report highlights critical challenges for workplaces, showing that efforts to prioritize wellbeing have yet to...
The San Francisco Bay Area, often heralded as the epicenter of global innovation, continues to lead the charge in technology, entrepreneurship, and venture capital. A recent conversation hosted by the Bay Area Council during APEC 2023 provided a window into the ecosystem’s evolution, its challenges,...
In today’s fast-paced, high-pressure work environments, employees are facing unprecedented challenges. The rise of remote work, global economic uncertainty, and a relentless wave of layoffs across industries have left many feeling expendable and disconnected. Amid these realities, employee morale is at an all-time low in...
In this shifting landscape, finding skilled professionals across borders has become a top challenge. Deloitte’s 2024 Global Workforce Trends report reveals that 71% of CEOs rank talent shortages as their primary obstacle to reaching business objectives. As a solution, companies increasingly depend on contingent workers...
In today’s competitive landscape, companies are constantly refining their approaches to recruitment, employee development, and retention. Two critical tools in this effort are the competency matrix and the skills matrix—frameworks that help businesses assess and leverage talent strategically. Though similar in design, these matrices serve different...
As companies push to expand across borders, navigating local labor laws and employee protections becomes a critical factor for success. Without a robust global mobility strategy, businesses venturing into new territories risk significant fines, tax penalties, and compliance challenges that can stymie productivity and growth....
With 45% of CEOs doubting their organizations' viability in the next decade without transformation, PwC’s 2024 Workforce Radar Report unveils a roadmap to shape the workforce of tomorrow. This blueprint is designed to position businesses for competitive advantage amidst accelerating changes in technology, workforce demographics,...