The success of a merger or acquisition hinges on HR's capacity to seamlessly integrate cultures and "lock" acquired talent "into the deal", according to Mercer's Australian and New Zealand M&A leader, Michael Hill.
Nearly two-thirds of Australian employers are forecasting redundancies and plan to cut, on average, 5.5 per cent of their workforce, according to new research.
During tough times there is increased pressure on every business function to demonstrate a positive impact on business performance, but HR professionals have generally failed miserably in demonstrating the revenue impact of talent, according to international talent expert, Dr John Sullivan.
Effective talent management involves thinking more than two years ahead, aligning talent strategies with the organisation's long-term goals, and holding executives to account, according to a new study from Hewitt and the Human Capital Institute.
"Smart" employers are looking to mature-age workers to fill contract positions during the economic slowdown, to reap the benefits of their experience in challenging times, according to SageCo director, Alison Monroe.
Employers appear to be taking a passive, "wait-and-see" approach to staffing, with hiring intentions at their lowest levels for eight years, according to the CEO of Hudson Australia/New Zealand, Mark Steyn.
Making employees redundant should be considered as a cost-saving solution only after all other avenues have been explored, according to HR business advisor at The Clarity Group, Greg Smith.
Only three employment sectors experienced a greater fall in job demand last year than human resources, according to the latest Olivier Job Index results.
HR managers will place greater emphasis on enhancing employee performance and restructuring over the next 12 months, but retention and staff development remain the top priority, according to a major survey.
Some employers have successfully stepped up to the task of managing psychosocial safety, but in many other workplaces, initiatives are falling flat. Join us for an HR Daily webinar to understand what's holding back progress in this critical space and how to move forward.