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Mitigating these challenges requires a comprehensive solution offered by employee management software. Leveraging such software helps drive productivity by streamlining processes and automating routine tasks. They can also enhance employee engagement by providing platforms for communication and collaboration.
Alignment With Stakeholder Interests It refers to the idea that businesses should prioritize the interests of all stakeholders involved, including customers, employees, suppliers, shareholders, and the community, rather than just focusing on maximizing profits for shareholders.
If this statistic was not alarming enough, other reports show that the United States may have a doctor shortage of more than 100,000 by the year 2030. . Prioritize employeerecognition . Research shows that recognition is the leading driver of employee engagement; employees want to feel appreciated for a job well done.
When searching new tools to add to your HR tech stack, consider the D&I aspects: over 75% of large enterprises will include diversity and inclusion criteria when selecting new human capital management software. Employees get a voice. Employee voice is still a new concept for some and has grown into a major HR trend as of late.
Better retention strategies that include an emphasis on employeerecognition and well-being are an investment in long-term productivity and short-term recruitment cost reduction. The World Health Organization (WHO) anticipates that the global healthcare industry will face an 11-million worker shortfall by 2030.
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