HML Display – company

A successful mentorship program should take the time to make careful matches, be both flexible in its approach and focused on its objectives, and drive a genuine conversation that benefits both mentors and mentees. A program that achieves all these things builds trust, helps identify problems (and their solutions) in a timely manner, and emphasizes that offering staff meaningful support is a priority for the company.

As leaders and HR departments move away from last year's "keep the lights on" approach, they're turning their attention toward determining how best to help their organizations grow and innovate. With the rise of machine learning and artificial intelligence, the only way for organizations to survive and grow is to change their employee experience model by shifting from treating employees as resources to treating them as valued and respected human beings.

The Workforce Institute at Kronos Incorporated recently released the results of a survey titled "The Death of the Traditional Paycheck, " which focused on "how immediate access to earned wages (i.e., on-demand pay) and financial wellness can support recruitment, retention, and a better employee experience."¹ The data revealed that the current paycheck system presents many challenges for workers, most of whom are ready for a change to the status quo.

The COVID-19 pandemic hit the whole country hard. Seemingly overnight, everyone was told to stay home. Many organizations quickly pivoted to remote work, and others were forced to furlough or lay off employees. Months later, the business world is still reeling from the financial fallout of the pandemic.

When a company has to tighten its belt, programs deemed "unnecessary" or "optional" usually get dropped first. Unfortunately, diversity and inclusion (D&I) programs often fall into that category. During the pandemic, many such initiatives have landed on the chopping block.

As the world moves into the "new normal" and a new frontier emerges in the state of work, HR departments across the world are being asked to ramp up their employee engagement efforts. The pandemic and its effects on the economy have shaken many organizations to their core, revealing incredible humanity and resiliency - as well as deep fissures that require attention. No one has a roadmap for what comes next, yet the longstanding correlation between employee engagement and organizational health is a clear sign that focusing on engagement can help companies navigate the uncertainly ahead.