For the foreseeable future, the labor market continues to cool and tighten making the priority of organizations on productivity to hit profitability. According to the RSM Middle Market Business Index (MMBI) Workforce Report, it was unanimous among respondents expecting staffing challenges over the next 12 months.
Additional MMBI data shows trends on investing in employee productivity:
- Employee Compensation: 52% of respondents increased employee compensation in the previous quarter, and 68% said they would do so in the next six months.
- Talent Development: Companies are strategically appealing to employees including flexible scheduling (47%) and better-defined career paths (41%).
- Digital Transformation: Companies remain steady on planning or considering investment in automation or IT in the upcoming year (57%).
Join us on Thursday, September 12 with RSM’s Managing Director within the Workforce Solutions practice Chris Mueller and Modern Health’s Director of Clinical Research and Scientific Affairs Dr. Jessica Watrous for an educational webinar on how organizations adjust this year to alleviate staffing shortages while building profitable businesses. People leaders interested in learning about a strategic approach to digital transformation, compensation and employee benefits, and human capital management to sustain productivity in an uncertain economic environment while also considering holistic employee well-being will benefit from attending.
You’ll walk away with:
- Trend Analysis: Gain insights from the latest RSM research on current workforce dynamics, challenges, and opportunities that impact US based and global workforces.
- Strategic Application: Learn practical steps to incorporate these trends into your HR strategy to maximize employee engagement, retention, and productivity.
- Future Predictions: Understand what these trends signal for 2025 and how to prepare your organization for future changes.
This webinar is an educational webinar with slide presentation. This is approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification.