Employers know that when a new administration moves into 1600 Pennsylvania Avenue that HR changes soon follow so they are keeping a close eye on President Biden’s workplace policies and programs.
With the Democrats in control of the White House for just two months, some major legislation has already taken place with the signing March 11, 2021 of the $1.9 trillion American Rescue Plan Act, but other changes are still on the drawing board.
A year into the COVID-19 crisis and it is increasingly clear that any expectations of returning to “normal” pre-pandemic workplace conditions are not realistic.
There will be a return to the workplace, buoyed by COVID-19 vaccinations rolling out, but the “new normal” workplace will include a continued reliance on remote work or a hybrid model that combines in-office with work from home.
It seems that all the business rules changed in 2020 because of the COVID-19 pandemic and that includes employee engagement in the United States.
Despite a shift overnight for many companies to a remote work model, employees reported record-levels of engagement during the year.
The Internal Revenue Service is urging employers to take advantage of the Employee Retention Tax Credit (ERTC), a refundable tax credit, which has been extended and increased through the first six months of 2021.
The credit, designed to aid employers that choose to keep employees on the payroll during the COVID-19 pandemic, was part of the CARES Act and originally set to expire at the end of 2020.
The rollout of the COVID-19 vaccine is certainly a shot in the arm in the fight against the coronavirus pandemic, but for most employers the development raises more questions than answers.
The origins of SWOT analysis are murky, but the strategic planning technique first became popularized in the early 1970s by Albert Humphrey at the Stanford Research Institute just as Silicon Valley was incubating into a global tech hotspot.
During these uncertain times of the COVID-19 pandemic we are reminded of former United States Secretary of Defense Donald Rumsfeld’s “known knowns” quote which is popular in corporate strategic planning.
Rumsfeld said: “[A]s we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns — the ones we don’t know we don’t know.”
Artificial Intelligence or AI may conjure up images of Steven Spielberg’s 2001 science fiction film where advanced-thinking robots and humans uneasily coexist in the future, but the reality is that AI is here today, and the disruptive technology is changing the way we do business.
Most of us interact with different forms of AI on a routine basis without even realizing it and those interactions are only going to increase as the COVID-19 pandemic has sped up digital transformation in all sectors, including AI.
The U.S. Small Business Administration re-opened the Paycheck Protection Program (PPP) earlier this month, making nearly $300 billion in forgivable loans available to those small businesses that did not receive a PPP loan last year, as well as a second draw for certain existing PPP borrowers.
Those smoke signals coming from your HR department in 2020 might have been a cry for help during the COVID-19 pandemic or the staff simply burning the company HR handbook. Rest assured your HR handbook is still needed, maybe more than ever in uncertain times, but since March the coronavirus crisis has made a mockery out of “by the book”.
The best HR policies in 2020 were likely found on digital whiteboards and not in binders, because overnight HR had to embrace a new normal which included remote recruiting and onboarding for almost all nonessential workers.
