Natural language processing (NLP) technology is realigning the way HR departments understand and manage employee sentiment, offering real-time data to proactively address workplace issues.
Day: January 1, 2024
Federal Government Ramps Up Commitment to Fairness, Equity in Use of AI
Federal government agencies have committed to protecting the public from unlawful bias when artificial intelligence (AI) and other automated systems are used in the workplace. Their action follows executive orders and policies from President Biden and his administration that aim to direct the evolution of AI.
USCIS Extends Renewal Period for Work Permits to 540 Days
USCIS has extended the work permit renewal period to 540 days, impacting up to 800,000 workers. See how this can provide stability amid bureaucratic delays.
Employees’ ‘Magic Number’ For Retirement Hits All-Time High, But Savings Lag
American workers now believe they need $1.46 million to retire comfortably, marking a 53 percent rise since 2020. However, average retirement savings have declined, exacerbating the gap between expectations and reality.
Behind the Growing Interest in Lifestyle Spending Accounts
Research shows a surge in employer interest in lifestyle spending accounts (LSAs), with projections showing nearly 4 in 10 employers are considering implementing LSAs by 2025 to enhance employee benefits and personalization.
HSA Assets Hit Record in 2023
Health savings account (HSA) assets surged to $123.3 billion last year, up nearly 19 percent from the previous record of $104 billion in 2022, according to Devenir.
House Passes WIOA Revamp, Modernizing Workforce Development
The Workforce Innovation and Opportunity Act (WIOA), the nation’s primary workforce development and training law, was amended and reauthorized by lawmakers in the U.S. House of Representatives on April 9. SHRM supports the revamp, calling it a significant step toward strengthening America’s workforce and ensuring its long-term global competitiveness.
Research Reveals Candidates’ Frustrations with Hiring Process
The personal touch still matters in hiring. Explore the latest insights on job seekers’ dissatisfaction with AI recruitment and how top firms use technology to improve the hiring experience.
A 4-Day Workweek? AI-Fueled Efficiencies Could Make It Happen
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Samsung Execs Take on Six-Day Workweek
Samsung Electronics is adopting a six-day workweek for its executives—a sharp contrast to the four-day workweek that some employers and governments around the world have tested or adopted in recent years.
