Turnover (Employment)

  What is Work Life Balance? Work-life balance is typically defined as the amount of time you spend doing your job versus the amount of time you spend with loved ones or pursuing personal interests and hobbies [ 1 ]. When work demands more of your time or attention, you'll have less time to handle your other responsibilities or passions. Many people want to achieve a greater balance between their work life and their personal life so that work does not take up the vast majority of their time. However, the term itself can be misleading because our careers and personal lives don't always exist in separate spheres. In response,  work-life integration —or the synergistic blending of our personal and professional responsibilities—has become an increasingly popular concept [ 2 ]. From this perspective, work is simply one aspect of our lives, which needs to be considered alongside other important concerns, such as our home and family lives, our community, and our personal well-be...

Human resource professionals are expected to meet ethical standards set out in the Code of Ethics and the Rules of Professional Conduct .  These standards require ethical conduct, competent service, and good character .  The Code of Ethics provides both broad general principles and some details about how those principles should be applied in practice .  Often codes of conduct take big picture ideas tied to the business’s overall mission and core values and relate them to the behavior and practices they desire from staff on a day-to-day basis. Creating a code of conduct is a statement from leadership laying out their expectations and communicating the ethical principles they feel are most fundamental to success. Generally, it reflects the culture already present, or the culture leadership is looking to promote. A code of conduct is closely related to a code of ethics, to the extent where the phrases are often interchangeable. A code of conduct  offers principles defi...

INNOVATION IN HRM Introduction HR innovation  is the application of new concepts, methods, strategies, and technologies in a human resources department. There are six ways in which innovation plays a vital role in an HR function: Improved recruitment and talent acquisition Increased diversity and  inclusion. In an organization, the human resources (HR) department plays a critical role in shaping the entirety of the employee experience. Hiring, onboarding new employees, development plans, and even exit interviews all fall under the jurisdiction of the HR team. According to  McKinsey research , organizations who actively support employee growth and promote positive experiences are 1.3x more likely to yield better performance results. As such, organizations have to utilize  HR innovations  to stay ahead of competition and deliver positive outcomes for employees. By developing  new HR strategies , they can streamline their operations and create a dynamic workpl...