There is a growing divide on Wall Street: firms calling employees back and firms telling people they can work from home. Titans like Goldman Sachs Group Inc. and JPMorgan Chase & Co. are taking a hard-line approach, beefing up in-person staff five days a week in New York even though it might mean losing talent. Rivals including Citigroup Inc. are touting flexibility, betting that a softer approach will help them poach top traders and deal makers. While businesses across America are struggling with whether and how to have staff return full time, the issue has been particularly thorny at large...
Automated talent management: 5 myths about AI and HR
Myths, fears, and unfair expectations still persist in discussions about artificial intelligence and automated talent management. It is a technology that is transforming many aspects of business, but it is neither a panacea for nor a threat to those business operations. Below, we will explore five of the most common myths surrounding artificial intelligence and its applications in HR. Related post: Recruitment demands are rising for Vietnamese tech business Why A Recruitment Agency Instead of In-house Staff? What do you know about automated talent management and how can it help? Myth: AI Will Replace Recruiters AI-based recruiting tools are very...
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Showing Appreciation to Remote Employees During COVID
When we were young, our parents taught us to say “Thank you” with sincerity and genuine appreciation whenever someone helps us even just a little bit. However, as we grow older and enter the business world, a “Thank you” becomes more of a checkbox, an automatic reply that holds little value — more of a way to get things done quicker. It doesn’t mean that saying “Thank you” is no longer as important. It’s just that saying “Thank you” without meaning and appreciation has become the norm. And that is the reality of corporate culture. With pandemic-related consequences, it feels like an...
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Discussion: Benefits of blue-collar workers in Vietnam
While the pandemic has affected all of us — businesses and employees — heavily when it comes to emotional wellbeing, the impact that it has on blue collar workers in Vietnam is much more immense than we could ever have imagined or gone through. And yet, it is rarely ever acknowledged or talked about. Businesses that went through a significant financial crisis during the pandemic have put their employees, especially blue-collar workers, at the worst place possible — with no payment or even a decent place to live. The most recent story that has been given rise to is about 300 waste collectors from the South...
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New Employee Onboarding Experience: Remote Edition
The onboarding experience for new employees has already been complicated as it is before companies have to go through it during a pandemic. The impact of COVID-19 has made remote onboarding become the norm for many. However, the fear that increased turnover rate, decreased candidate engagement are still prevalent to many executives when they are transitioning the new employee onboarding experience to the virtual world. The reality is that working from home has proven to be effective for both employers and employees, therefore, successfully executing remote onboarding is a win for companies. Having said that, many are still doubtful about...
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How does our work from home future look like?
Work from home during the pandemic have made us think about some of the biggest long-term implications of retention in an era of working remotely. Companies have witnessed these changes becoming more permanent as people adapt successfully to virtual work. However, the essence of in-person office and interactions are still fundamental to the business culture of any company. So what are the implications of a remote workforce and how are companies dealing with it? Your Talent Competition Just Increased Overnight Probably the scariest part for organizations should be that for people discovering they can successfully work from home, that opens...
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