Trivantus

As of late numerous companies are opting to sit on large cash reserves, even when the return rates suggest otherwise. There are several reasons for this trend, including creating a safety net for potential M&A opportunities, tax benefits, and serving as insurance, particularly for smaller firms that have a higher likelihood of experiencing adverse events when they hold less cash. Want to know more? Check out the full article here.

Why Are Companies Sitting on Cash Right Now? Many companies sit on piles of cash, even when rates of return suggest they shouldn’t. Why? Researchers have pointed to multiple reasons, including flexibility for M&A and tax advantages. But new research suggests it’s also a form of insurance, especially for smaller firms. Their likelihood of e...

Celebrating employee birthdays can be an excellent way to foster a positive work culture and show employees that they are valued. Not only does it boost morale, but also provides an opportunity for team members to connect on a personal level, strengthening relationships within the team. Interested in enhancing your organization's birthday celebrations?

Read below for some creative and thoughtful ideas.

What’s the Best Way to Celebrate Employee Birthdays? Birthdays can be a great opportunity to let employees know that they’re valued—if handled correctly. Many employees prefer a private celebration, while others like public announcements. Here are some tips on managing birthday celebrations at work.

One-on-one meetings are a crucial part of effective management and team building, but conducting them successfully requires some skill and strategy. This article shares 11 hacks to lead successful one-on-one meetings, ranging from setting clear objectives and creating a safe space for open dialogue, to knowing when to listen and when to provide guidance. Interested to learn more? Check out the full article below.

11 Hacks That Lead to a Successful One-On-One Meeting | Entrepreneur Make your one-on-ones more meaningful. Follow these tips and best practices for productive meetings that develop your team.

As small businesses continue to grow and evolve, so does the need for innovative payroll solutions. As highlighted by John Waldmann, CEO and Co-Founder of Homebase, traditional payroll methods may not meet the needs of many hourly workers today. Waldmann predicts significant shifts in payroll practices, including automation, on-demand pay, and greater transparency. Curious to learn more about the future of small business payroll?

Check out the full article for more insights.

Council Post: Three Ways Small Businesses' Payroll Could Change In 2024 If a new era of pay is on the horizon, what could this look like?

The idea of a 4-day work week is gaining traction, becoming an increasingly popular concept among companies and employees alike. Businesses worldwide are experimenting with this model, finding that it can lead to increased job satisfaction, improved work-life balance, and even reduced carbon footprint. Interested in learning more about this emerging trend and its potential benefits? Check out this insightful article below.

Four-Day Workweek Continues to Gain Interest While not widespread in practice, the four-day workweek is cropping up in a variety of industries, including manufacturing and policing. Some employers see it as a way to avoid layoffs, as a hiring and retention strategy, or to promote a culture of work/life balance.

As technology and economic landscapes undergo transformative shifts, business leaders face decisions to not only adapt but also to strategically pivot their companies.

Reskilling the workforce becomes a pivotal component of this journey, especially in the face of AI-driven job transformations and the enduring effects of recent global events.

Click below to learn more.

How To Reskill Employees For A Company Pivot In 2024 Have you considered the need to reskill your employees in 2024? Learn how to design a game plan that meets multiple demands.

Navigating the complexities of business partnerships can be challenging, and when conflicts arise, it's essential to address them constructively. If your partnership has hit a rocky patch, check out the article below for seven steps to help you mend and strengthen your business collaboration:

https://hbr.org/2024/01/7-steps-to-repair-a-damaged-business-partnership

Happy Valentine’s Day from our team to yours!

In 2024, the technology stands at a crossroads. Early adopters of Generative AI already experience a competitive edge, leveraging improved insights and operational efficiency.

Focusing on reskilling initiatives and valuing human expertise alongside AI advancements will be key. As your company embarks on this AI journey, consider the lessons learned from leaders who have heavily invested in Generative AI. Check out the article below to know more.

AI Could Be the Best or Worst Thing for Your Business in 2024 | Entrepreneur AI is poised to drastically change business as we know it. Here's how to make the most of the opportunity.

As we settle into 2024, some of us may still be winding down with post-holiday blues.

If so, consider treating yourself to an enjoyable activity. Whether it's a night out, binge-watching your favorite series, or organizing a game night with friends, these moments provide a break from work stress. Don't overlook the power of a good night's sleep and nourishing, wholesome meals either. Check out our blog below for more ideas!

https://trivantus.com/start-the-year-off-right/

A new challenge emerges for employers: employee retention amid unexpected stagnation. The abrupt shift from high turnover rates to a lack of voluntary departures requires innovative solutions. Both employers and employees are adapting to this uncharted territory, and the lasting effects of their approaches will unfold with time.

Check out the article below to learn more!

What Can Be Done About Employee Retention Amid Stagnation? | Entrepreneur As the employment landscape evolves, both employers and employees will reveal lasting effects and innovative approaches.

In a quest to empower high-potential employees to transition from tactical to strategic thinking, Rich Horwath shares a behavioral roadmap designed for success. Drawing insights from a survey of 2,586 managers globally, he identifies three core behaviors crucial for refining strategic prowess. CEOs and talent management leaders recognize the need for a targeted approach, and this roadmap provides actionable steps to enhance your skills in developing, communicating, and executing strategies.

Click on the link below to learn more.

How to Become a Better Strategic Thinker A common piece of developmental feedback is the need to move from tactical to strategic thinking. But what does that look like? The author, who has coached thousands of leaders to help develop their strategic thinking capabilities, has identified three core behaviors to work on: acumen (thinking), a...

To get a fresh start this 2024, HR professionals and experts share their impactful New Year's resolutions for the workplace. Collected by SHRM Online, these insights offer inspiration and actionable goals for fostering a dynamic and inclusive work environment.

Click on the link below and check out the wisdom from HR pros to elevate your workplace this new year!

HR Pros Share New Year’s Resolutions for the Workplace HR professionals and workplace experts share their New Year's resolutions for 2024.

While discussing life insurance may not be easy, the benefits during times of need are undeniable. It's a nuanced process, but seeking guidance from a life insurance professional can make it more manageable. Interested? Let’s explore the realm of whole life insurance for added benefits in our latest blog post!

https://trivantus.com/is-life-insurance-a-good-idea/

Cheers to a new year filled with endless possibilities, joy, and prosperity! May the coming year bring you success, good health, and memorable moments. Happy New Year!🎇

While we may work side by side, are we truly working together? The constant hum of activity might overshadow the potential for deeper interaction and idea exchange. As we complete our assigned tasks and leave, there's a subtle sense that something more could be cultivated. Check out our blog to learn more about the essence of team collaboration beyond the usual routine!

https://trivantus.com/being-a-team-player/

Wishing you a day filled with joy, love, and the magic of the season! Merry Christmas to you and your loved ones! 🎅🎁

There’s a crucial distinction between working "on" and "in" your business. When working "on" your business, the focus is on strategy, long-term planning, and analysis—crafting the overarching vision and devising plans for its ex*****on. Conversely, working "in" your business involves hands-on operational tasks, translating your vision into actionable steps for day-to-day implementation. Check out the article below to learn more.

Mastering the Balance Between Working 'On' and 'In' Your Business | Entrepreneur Learn how working 'on' your business, which involves strategy, long-term planning, and vision development; and working 'in' your business, which focuses on operational functions and day-to-day tasks, are different, and which is best for you and your business.

Make informed decisions about your financial future by understanding the requirements and restrictions of money market accounts. Your cash is federally insured, but it's crucial to weigh how frequently you'll need to access the account, considering the monthly transaction limits. Check out our blog to learn more!

https://trivantus.com/money-market-accounts/

Amid ongoing layoffs, a surge in job seekers offers opportunities for employers and recruiters seeking experienced talent. A 2023 ZipRecruiter survey revealed that one in three individuals affected by layoffs were recruited by potential employers post-layoff. Sarah Doughty, Vice President of Talent Operations at TalentLab in Ottawa, noted a changing perspective among recruiters, who are now more open to hiring candidates with layoff experiences. For more details check out the article linked below.

5 Tips for Recruiting Top Talent Amid Layoffs A 2023 ZipRecruiter survey indicated that 1 in 3 people impacted by layoffs were recruited by a potential employer after being laid off. Here are some recommendations for attracting highly motivated, qualified candidates who have been recently laid off.

Wishing you a warm and wonderful Thanksgiving filled with gratitude, joy, and cherished moments with loved ones. Happy Thanksgiving!

Maximize your savings with money market accounts! These accounts offer higher interest rates over time, but it is important to understand their minimum balance, transaction limits, and potential fees. Invest in securities and certificates of deposit for long-term growth. Remember, timing is key; research the financial climate for the right moment. Check out the article below and learn if money market accounts are right for you!

https://trivantus.com/money-market-accounts/

Unlocking the Future of HR!

Discover the latest HR trends in this article: https://www.businessnewsdaily.com/9383-future-of-hr.html

1. AI-Powered Recruitment
2. Employee-Centric HR
3. Diversity & Inclusion
4. Remote Work Insights

At Trivantus we're here to support you and your HR journey. Let's navigate the future together!

Happy Veterans Day!

We extend our heartfelt gratitude to the brave men and women who've served our nation. Your sacrifice and dedication inspire us every day. Thank you for your service.

In a Texas case study, the importance of strong employer leadership in upskilling Americans becomes evident. Houston's regional economy relies on both the number and productivity of its workforce, but demographic shifts highlight the urgency of innovative education and upskilling investments. Read more about it in this article.

Stand Together BrandVoice: Texas Case Study: Strong Employer Leadership Needed To Upskill Americans The historic transformation from industrial economies to technology-enabled, knowledge-based economies is disrupting the skills needs of employers.

While many find real estate to be a viable investment with promising returns, the state of the housing market plays a pivotal role. Interestingly, the post-Covid landscape in 2022 witnessed an active housing market and often led to favorable returns for sellers.

For more insights on how to make an informed decision, check out our blog below.

https://trivantus.com/is-buying-a-house-a-good-investment/

Happy Halloween! May your Halloween night be filled with laughter and fun!

In our ever-changing business landscape, human-centered leadership is essential. To succeed, prioritize three basic elements: foster a collaborative workplace culture that recognizes achievements and values feedback, infuse empathy into all aspects of your business, and maintain a consistent commitment to a human-centric approach. Read more about it in this article.

Council Post: Creating A Human-Centric Business Approach I have found that leaders can boil their aspirations for a human-centric business to three critical variables: culture, value and consistency.

Brené Brown emphasizes the importance of skills building in our work. It's about practicing new ways of being, introducing new language, and connecting our thoughts to our actions. Conversations we avoid are where we start, and then we engage in skills building, using specific language like "help me understand" and "walk me through." Creating safe containers, not just safe spaces is key to fostering psychological courage.

Leadership is more than knowledge; it's teachable, measurable skills that require courage and trust-building. Check out the full interview linked below to know more.

https://www.ted.com/podcasts/rethinking-with-adam-grant/brene-brown-and-simon-sinek-on-the-leadership-skills-we-need-to-build

Investing in employee development is essential for a thriving workplace and meeting business needs. Attracting and retaining top talent involves offering pathways to mastery, autonomy, coaching, training, and personal growth.

Amid a shortage of candidates with the right skills, employee development is the answer. It sharpens existing skills (upskilling) and expands capabilities to meet evolving business demands (reskilling). Read the article below to learn more.

6 Ways to Start Upskilling and Reskilling to Keep Top Employees | Entrepreneur Investing in employee development is good for workplace culture and helps you meet critical business needs.