The United Kingdom is rightly celebrated as an engine of global finance, with many observers now saying London has supplanted New York City as the world's top financial center. London is home to a long roster of international financial heavyweights and is regularly ranked as one of the most desirable markets to work in by finance industry professionals.
Many of us are familiar with typical job interview questions that ask about your strengths and weaknesses. For obvious reasons, interviewers generally tend to shy away from controversial questions about political or religious beliefs. But a proposed new law in Iowa wanted to force some higher education workers to declare their political allegiance during the interview process. It was part of a legislative effort to ensure "partisan balance" in colleges and universities.
Many businesses think long and hard before they decide to outsource critical business functions. This is especially true in the case of human resources. Workforce management has never been more important, as more firms have recognized that talent is the ultimate competitive advantage. To make an informed and well-grounded decision, every organization must evaluate the benefits of outsourcing to determine if it right for them.
A great deal has been written about the gender gap in STEM fields. But what isn't quite as well-known is the persistent gender disparity in the worlds of venture capital and private equity. Historically, high finance has been a male-dominated endeavor. And despite efforts to promote inclusiveness, the gap remains staggering.
One of the essential challenges in the coming years involves the future of work. With the twin pressures of globalization and automation dramatically disrupting the job market, many questions have been raised about America’s ability to maintain full employment.
With Congress failing to pass the proposed American Health Care Act (AHCA), it is a good time to examine the impact this will have on the healthcare sector. After spending years overseeing the sometimes messy and expensive transition to the Affordable Care Act (Obamacare), hospitals, insurance firms and other organizations tied to the healthcare industry faced the prospect of starting over if the AHCA had passed. Now that it appears Obamacare will remain the law of the land, these stakeholders have greater certainty about the future of healthcare in America.
The Affordable Care Act (ACA) had a huge impact on recruiting. Businesses with more than 50 employees, for example, were required to offer employees health insurance once the law was passed. This led many firms to reduce staffing levels or outsource work to contractors in order to avoid paying for group insurance.
If you are looking for a systematic way to improve business performance, you may want to consider Lean Six Sigma. By eliminating waste and focusing on lean enterprise and manufacturing principles, organizations can revamp their processes and jump-start performance.
Recruiting is a busy, fast-paced field that is both an art and a science. Since it involves people, there is always potential for human error. So you definitely don’t want to sabotage your efforts by making unnecessary mistakes.
An exceptionally talented workforce is the ultimate competitive advantage. But trying to achieve this solo, can be challenging.
