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Monthly Recap: January 2023 at The Workforce Institute

Today’s post comes to us from Brandon Bielich, managing editor of The Workforce Institute.

Welcome to 2023! We’re off and running with another packed month that includes marquee articles, podcasts, and our annual set of workplace predictions — all from our advisory board of experts. Here’s a look at anything you might have missed from January 2023 at The Workforce Institute. And keep it here throughout the coming year for new features, global research, and more of the expert analysis and insights you’ve come to expect from us. Don’t forget to subscribe to our newsletter to have the latest content delivered right to your inbox weekly.

The People Purpose Podcast: Compounding Leadership: Small Investments — BIG Results
Our friends Chas Fields and Julie Develin kicked off the month with another great episode of the People Purpose Podcast, all about investing in leadership. Should an organization take the time to develop their leaders, or should an employee seek out their own development path? Chas and Julie draw from their respective leadership experiences to drive this intriguing discussion.

The Importance of Employee-Wellness Programs: The View from Latin America
This time of year, wellness is top of mind for a lot of people. But employee-wellness programs are a vital benefit year-round. Ivonne Vargas looks at the relationship between employee wellbeing and productivity, and how it’s more directly related than perhaps previously thought. Ivonne provides her perspectives from Latin America and the return on investment for employee-wellness programs.

Our Workplace Predictions for 2023
They’re here — our 2023 Workplace Predictions! Each year, our advisory board of experts convenes to discuss the most pressing workplace challenges impacting not just HR, but organizations and their people. Together, they strive to forecast what’s ahead in the coming year — to help companies effectively prepare, navigate change, and better serve their employees and customers. We’ll be covering these predictions in full throughout the year. For now, here’s an overview of what to expect in 2023.

What the Latest Generation of AI Means for HR
Artificial intelligence (AI) is a powerful tool. As David Creelman advises, “HR leaders should take an interest in [AI] because, in time, it will inevitably have an impact on HR and, more importantly, will have an impact on many tasks throughout the organization. A leader doesn’t need to have deep expertise in AI, just a reasonable intuition of what AI can and cannot do.” Fortunately for all of us, David breaks down how AI can impact HR in the future.

The Human Case for DEI&B
On January 16, Americans celebrated Martin Luther King, Jr., Day. This year marks the 60th anniversary of the March on Washington, where Dr. King delivered his famous “I Have a Dream” speech to more than 250,000 attendees. Such a notable milestone begs the obvious question: How much progress have we made over the past 60 years? The Workforce Institute’s new executive director, Dr. Jarik Conrad, reflects on the significance of this milestone and its place in history.

The People Purpose Podcast: HR Megatrends for 2023
Did You Know? In addition to The Workforce Institute’s annual list of Workplace Predictions, our colleagues at UKG also publish a set of the top HR Megatrends. Every year, an international team of researchers, thought leaders, and social scientists partner to reflect on the previous year’s developments, evaluate the implications for executives and their HR teams, and predict how these forces will shape organizations and the industry for years to come. In this episode of the People Purpose Podcast, Chas and Julie discuss the megatrends and what they mean for companies and their people.

Want to learn even more about the HR Megatrends? Check out Julie’s on-demand webinar.

Recognizing Top Performers: The Workforce Institute Weigh-In
This month, The Workforce Institute Weigh-In covers the topic of employee recognition. Several of our advisory board members give their takes on the best ways to recognize your people. Great minds think alike, as they say, because more than one of our experts stressed the importance of getting to know your employees as individuals and tailoring your recognition practices accordingly.

The Psychology Behind Retention and Turnover: The Fight for Relevance
Building on the discussion of recognition, John Frehse takes a deep dive into the science behind retaining top performers. The labor shortage isn’t going away anytime soon, so employers need to shift their focus on keeping their talent. How? There are many effective strategies, though, as John explains, throwing money at the problem isn’t necessarily one of them. This article is a bit longer than what you’ll usually see at The Workforce Institute, but it’s well worth the read.

Three Harmful Ideas About ChatGPT
David Creelman returns with his latest thoughts and perspectives on ChatGPT, the new AI that has taken people and the internet by storm in recent weeks. David outlines three common misconceptions about the popular platform and how they are a bit misleading because they draw attention away from what is important to secondary factors.

The People Purpose Podcast: Partnerships: What Do They Mean to Your Business?
Chas and Julie round out the month with a podcast live from New York! More specifically, from the National Retail Federation (NRF) 2023 conference. In this episode, they explore the world of business partnerships and their many benefits, not just in retail but across industries. Check it out!

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