At the end of the first quarter of 2024, economic uncertainties continued to concern organizations across the country. Employers found themselves navigating the after-effects of these challenges, as well as managing new regulations and shifts in workplace safety standards. It was a period marked by adaptation, analysis and, above all, strategic planning.
Intriguing trends emerged and forecast new growth for the second quarter. The more than 11 percent increase in HR staffing since 2018 underscores leaders’ recognition of HR’s important role in organizational success. HR professionals will be instrumental in guiding employers through an unexpected wave of retiring workers and new regulations such as the independent contractor rule, which could lead to many gig workers being reclassified as employees—though it’s facing opposition and attempts to overturn it.
There’s also a small but significant increase in employers offering comprehensive family leave benefits, demonstrating a deeper commitment to supporting work/life integration.
1. 8 Tips for Reducing Stress and Conflict in Email
As discussions about politics become increasingly common in the workplace, the potential for misunderstandings and tensions rises. Effective communication is essential for maintaining civility.
People and businesses work best when we choose to practice civility. That’s why SHRM is starting 1 Million Civil Conversations. Together, we can make the world a better place, one conversation at a time.
2. How Many HR Staff Members Do Organizations Really Need?
Recent findings from the ADP Research Institute shed light on the ideal HR-staff-to-employee ratio, plus how the number of HR professionals within an organization directly impacts its operational success and turnover rates.
3. New OSHA Helmet Rule Aims to Improve Worker Safety
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has officially recommended the replacement of traditional hard hats with modern safety helmets for its employees to better shield against head injuries.
4. CDC Issues New COVID-19 Isolation Guidelines
The Centers for Disease Control and Prevention (CDC) is advising that individuals with COVID-19 no longer need to isolate if they are fever-free for 24 hours with mild or improving symptoms. This marks a departure from the previous recommendation of a minimum five-day isolation period for those testing positive.
5. An Unanticipated Retirement Wave Is Happening Right Now in the U.S.
Currently, 2.7 million more employees are opting for retirement than had been forecasted to do so, an 80 percent increase from six months prior. Now, employers are facing the loss of institutional knowledge alongside the need to replace key personnel.
6. House Advances Resolution to Repeal Independent Contractor Rule
On March 21, the U.S. House Committee on Education and the Workforce passed a resolution under the Congressional Review Act to overturn the new independent contractor rule. Workplace leaders have argued the regulation could threaten jobs and economic stability.
7. Biden Proposes National Paid-Leave Program in 2025 Budget
President Joe Biden’s paid-leave program would provide up to 12 weeks of paid leave for a range of family and medical reasons. It also seeks to guarantee seven job-protected paid sick days each year for every worker, among other enhancements.
8. How Employees Withholding Health Info Can Backfire
Following Defense Secretary Lloyd Austin’s failure to disclose his hospitalization in January, experts emphasized the importance of employees informing their employers about absences due to medical reasons, for both legal protection and job security.
9. March Job Growth Surpasses Expectations
The U.S. economy’s growth by 303,000 jobs, coupled with a slight dip in the unemployment rate to 3.8 percent and contained wage increases, highlights the ongoing strength and resilience of the labor market.
Was this resource helpful?
Validate your HR expertise
Earning your SHRM-CP credential makes you a recognized expert and leader in the HR field.
Related Content
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
As artificial intelligence technology continues to develop, the demand for workers with the ability to work alongside and manage AI systems will increase. This means that workers who are not able to adapt and learn these new skills will be left behind in the job market.