Impact of 2018 HR Trends in Technology to Benefits Departments & Providers

May 16, 2018

Impact of 2018 HR Trends in Tech


The year 2017 brought major developments in technology for the world. The rise of blockchain technology, augmented / virtual reality, artificial intelligence and machine learning, as well as the ever changing landscape of the world’s workers has forced business leaders to take a long hard look at their companies and see if they are ready for the future of work and the challenges it brings


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Inaccessibility of Benefits for Freelancers

May 09, 2018


The number of freelancers are drastically increasing in the gig economy, but is access to benefits increasing along with it? In an economy characterized by perks such as flexible hours, ability to earn side income, and convenience due to automation, many workers are jumping at the opportunity to make money on their own terms. In fact, in a 2017 study released by Upwork and Freelancers Union, more than half of the workforce are expected to be composed of freelancers by 2027. The total addressable market for the freelancer and gig economy is now at $1.5 Trillion globally and growing and technological advancements played a huge part in automating processes.


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FUTURE OF HR: How to Thrive in HR’s Inevitable Entrepreneurial Shift

May 02, 2018


Across the past 2 decades I’ve been involved in the HR (or People Operations) industry, there has always been a call for the function and its people to be more entrepreneurial.

HR needs to be more creative.

HR needs to innovate and spearhead an innovation culture.

HR needs to think out-of-box to remain relevant.

Now HR faces its biggest challenge yet: it not only needs to be entrepreneurial, it needs to BECOME an entrepreneur.


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Managing The Most Diverse Workforce

April 25, 2018

managing-the-most-diverse-workforce


The fourth Industrial Revolution (Industry 4.0) is here now.
Last year, majority (88%) of business leaders said it is very important to prepare for Industry 4.0 yet only a few (11%) understand how to navigate the needs for this new workforce. The digital upheaval brought with it the most diverse workforce we have seen in history so far. Not only do we have four different generations in the same workplace, we also see the growth of alternative workers.


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Motivating Filipino Employees

April 18, 2018

Motivating-Filipino-Employees


In January 2018, sixty percent of working-age Filipinos formed part of the labor force, and of these, nearly 95% are employed. The necessity and pervasiveness of work in the life of any adult renders it a prominent influence in a person’s daily life, social functioning, and even his/her identity. For employers, having a steady workforce ensures not just each employee’s sustenance but the company’s continued survival. This realization has led to studies that try to determine what makes employees happy, engaged, and motivated, in other words to answer the question—- why do people work?


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Beyond targets: Keeping and motivating employees in the real estate industry

March 28, 2018

keeping-and-motivating-employees-in-real-estate-industry


The real estate industry is known to focus more on land and buildings rather than people. But as the sector grows and presents more opportunities for expansion, companies are recognizing just how vital their employees are to their success. With much of their business dependent on referrals and positive reviews, real estate companies must offer excellent client service in order to retain their existing customers and attract new ones. Agents who give their clients an effortless experience contribute not only to company sales but to their branding as well, thus giving their company an edge over their many competitors.


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Future-proofing the pharmaceutical workforce with innovative HR

March 14, 2018

future-proofing-the-pharma-workforc


The Philippine pharmaceutical industry has been growing steadily, with its market predicted to hit P164 billion in 2018. The government’s increased budget allocation for healthcare is expected to further boost the sector’s development as it opens more opportunities for pharmaceutical companies and healthcare providers. Despite these advancements, the industry is not immune to the workforce challenges felt across sectors.


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Gearing towards total rewards

March 08, 2018

gearing-towards-total-rewards


Rewarding people solely with pay is a thing of the past. There is an acknowledgement nowadays that in addition to financial compensation, providing things like skill development and meaningful work can spur employees to greater performance. With this in mind, a holistic framework called Total Rewards System was developed to address the totality of needs of the individual.


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Workforce strategy a priority for the evolving BFSI industry

February 22, 2018

Workforce Strategy - BFSI Industry


The Philippine Banking, Financial Services, and Insurance industry experienced growth in 2017, with the banking industry GDP rising from 6.7 percent to 6.9 percent in the third quarter and insurers experiencing 22 percent income gain.Firms expect to ride the country’s economic growth in 2018, especially with the implementation of Tax Reform for Acceleration and Inclusion Act (TRAIN). However, global advances in technology and the rise of new competitors require banks and insurance companies to think beyond simply running their business to transforming it.


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FMCG companies tackle talent management as a key for growth in 2018

February 13, 2018

FMCG Companies Tackle Talent Management


A study by Kantar Worldpanel showed that Filipinos are spending less on FMCG products, with their actual household spend dropping from -7.8 points in September 2016 to -16.5 points in September 2017. Filipinos felt no improvement in their financial situation last year, and with prices of consumer goods rising, they exhibited less confidence in their shopping power.


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HR Challenges Facing the Philippine BPO Industry in 2018

February 09, 2018

HR Challenges Facing the BPO Industry in 2018


After years of rapid growth, the local BPO industry is slowing down. The Information Technology and Business Process Association of the Philippines (IBPAP) expects its annual growth to fall to 9%, a vast difference from 17% in the previous years. Still, it remains a key contributor to the local economy and one of the biggest outsourcing destinations worldwide.


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PART 1 | Designing Performance Incentives Programs: Differentiating Incentives from Salary, Commission, and Benefits

January 31, 2018

Designing-Performance-Incentives-Programs


To kick off this three-part series on designing performance incentives programs, Deirdre Conde, Product Head of our motivation platform, talks about the building blocks of rewards packages and how each is different from the others.


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MAGIC in the Workplace

January 23, 2018


The war for talent is more competitive than ever. Given the rise of work options for a skilled worker, business leaders are quickly prioritizing employee experience and engagement to keep and attract employees. In the 2017 Global Human Capital Trends report, 80% of executives rated employee experience as very important and yet only 22% reported that their companies were excellent at building a differentiated employee experience.


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HR Trends in the Philippines: What to Watch Out for in 2018

January 17, 2018

hr-trends-2018


The fields of human resources (HR) and organization development (OD) have been constantly envolving in response to economic, political, social, and technological landscapes organizations are embedded in. To understand this context for 2018, a recent survey was conducted by the Ateneo Center for Organization Research and Development (Ateneo CORD) to identify current issues facing Filipino organizations.


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How To Land Your Startup Dream Job

January 09, 2018

How To Land Your Startup Dream Job


2017 has come to an end, whether we like it or not. And like the years before this one, we are seeing an increase in applicants– a trend that we’re expecting until end of February. It is not always easy to apply to a job, especially if you are applying to be in a company that already has a particular set of screens that is a bit unusual.


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Four Steps to Implementing Flexible Working Arrangements in Your Workplace

November 27, 2017

Four Steps to Implementing Flexible Working Arrangements in Your Workplace


Did you know that your employees’ job satisfaction is affected by the time they spend commuting to work? In England, the average acceptable commute time falls from 48 to 60 minutes per day which is fairly the same in the US where they spend 50 minutes per day…


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How to Improve Incentive Programs with Vroom’s Expectancy Theory of Motivation

November 20, 2017

How to Improve Incentive Programs with Vroom’s Expectancy Theory of Motivation


In the second part of our blog series about Herzberg’s Two-Factor Theory of Job Satisfaction, we discussed how motivation factors can be applied in rewarding and recognizing in the organization. We were able to give practical tips on what to offer employees based on Herzberg’s two-factor model, which is a content theory of motivation…


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4 Steps to Create a Learning Culture in the Workplace

October 20, 2017

4 Steps to Create a Learning Culture in the Workplace


For two years in a row, “learning and growth opportunities” has been in the top 3 factors that made job candidates apply to STORM. It was not much of a surprise when our CEO, Peter Cauton, announced just a week ago that Learning is now one of our core values especially when STORMers have enjoyed attending and speaking in learning sessions, participating in Tech UpGrades and Knowledge Transfers, Quiz Night, Product Champions, and core book clubs…


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5 Ways to Apply Herzberg's Motivation Factors

October 13, 2017

5 Ways to Apply Herzberg's Motivation Factors


While the hygiene factors cover job context, motivation factors relate to job content. In this regard, “throwing money at the problem” wouldn’t work. Increasing salary and benefits may make employees feel secure, but that drive to perform comes from the work itself, a possibility for growth, advancement, recognition, achievement, and responsibility…


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From Theory to Practice: Improving Employee Job Satisfaction

October 06, 2017

From Theory to Practice Improving Employee Job Satisfaction


With disruptive trends affecting today’s business landscape, organizations are faced with the challenge of keeping their critical talents engaged and satisfied. This blog series looks at proven, time-tested organizational theories to help employers design compensation and rewards programs that will meet the needs of their diverse workforce…


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How We Are Gamifying Learning

September 29, 2017

Core books Quiz Night


At STORM Technologies, we have recognized that employee-learners are in the driver’s seat. We’ve seen how easy it is for them to adapt to the increasing availability of content around them because it is already on their mobile and social lives…


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Five Insights for Implementing a Successful Performance and Rewards System

September 22, 2017

Ateneo Cord Talk


One of the most significant trends observed in today’s business landscape is that there are now five generations represented in the workplace: Maturists, Baby Boomers, Generation X, Y and Z. Despite their differences, these generational groups can be very collaborative while working together in the same spaces…


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HR in the digital age: How to attract the best talent and help your employees grow

September 08, 2017


CEOs and members of top management are often focused on crafting pitches for investors and business partners, but they should also take an active role in shaping and polishing the pitch to potential employees. The pitch should underline their vision, mission and culture to help HR ‘sell’ the company, and find the best fit for the role they are looking to fill…


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3 Strategies to Boost Employee Engagement

August 25, 2017

Deloitte University Press


More and more, employee engagement has become a CEO-level concern. Managers and leaders are now being held accountable for engagement, decentralizing this from the HR area of responsibility. Over the years, we have seen the clear significance of employee engagement as far as attracting, retaining, and motivating employees…


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Flexible Benefits: A 21st Century HR Painkiller

August 18, 2017


The biggest challenge of human resource leaders is attracting, retaining, and motivating employees while maintaining the interests of the company. As the talent landscape changes and the market competition grows, it is all the more crucial that HR policies, strategies, and practices evolve to address the current and upcoming needs of the workforce…


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Lessons from the Google Memo on Employee Diversity

August 11, 2017


An employee-initiated memo recently went circulating on the web, and Google has released its response memo to the public through their official blog. Essentially, the employee memo raised that biological differences between males and females actually impact their…


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