OneSource Virtual blog

Despite some positive signs in the economy, companies are hedging their bets on an inevitable economic downturn. From financial institutions to tech enterprises, many corporations have instituted mass layoffs or hiring freezes. According to our exclusive 2023 CFO Outlook Report, 83% of CFOs either have a hiring freeze in place or are preparing for one.

When you think of the word "outsourcing," what comes to mind? Does it bring up good memories or does it conjure up a disaster story used to explain to your boss why "in-house" is always better.

We are all aware that change can be difficult—especially when other people are involved. But sometimes there's no way around it, both in our personal lives and in the workplace. Just as outdated procedures and systems have to be updated at some point, the same is also true with teams.

Let’s face the music—employees are having a tough time right now. It’s obvious even when we’re not talking about it. The signs of low engagement are everywhere. People calling in sick, strained relationships between co-workers, screen fatigue. Burnout is at its worst when good employees stop caring, and many business leaders and managers have noticed exactly that happening in their organizations.

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According to information from the FDIC, 7.1 million U.S. households are unbanked.

The short answer to this question is no.

As an HR leader, you face constant challenges — from talent shortages to change management and more. On top of that, you may feel like you’re still fighting for a seat at the table, fighting to prove HR’s strategic value to the rest of the organization.

As an HR leader, you know the importance of employee engagement — and how it connects with business outcomes. But did you know that a Gallup study found that employee engagement is at only 20% globally?