Sloppy skills management is harming business

first_imgMost employers do not have a clear picture of their employees’ skills or howhard they work, according to a study. Research by workforce consultancy Netengines claims poor management means UKbusinesses – by their own admission – are working at only four-fifths of theirfull potential. The survey of more than 100 HR directors and managers finds that one in fiveemployers has no idea how many people work for them, half don’t know whatskills their workers have, and three in five don’t know how hard their staffwork. Netengines CEO Andrew Binns said: “Workers used to resent being ‘just anumber’, but now millions of employees aren’t even that, as far as their bossesare concerned. “Their employers don’t know they are there, what they are good at orhow much work they are doing. Two in three firms told us this sloppiness washarming them – but they don’t have plans to do anything about it.” The study claims businesses’ lack of knowledge about their staff also wastesskills and money. Two in three firms cannot efficiently match employees to jobs, despite aneed to in the current economic climate. Instead they spend money recruitingnew staff. Binns added: “Businesses can’t afford to lose staff they can use betterbecause the cost of recruitment is rising.” www.netengines.com Comments are closed. Previous Article Next Article Related posts:No related photos. Sloppy skills management is harming businessOn 26 Feb 2002 in Personnel Todaylast_img read more

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Millennials prefer mobile wallets from non-banks

first_imgMobile wallets are increasingly becoming a part of the daily lives of the digital consumer. Beyond mobile payments capabilities, the non-payment side of mobile wallet links loyalty cards, coupons, boarding passes, ID cards, event tickets, alerts and notifications.It is no wonder that Millennials and other digital consumers are embracing this mobile tool. The question is, when will the payment component of the mobile wallet become mainstream … and which wallet alternative will be the payment tool of choice?In the CCG Catalyst Consulting Group study, “Millennials and Mobile Wallets,” the similarities and differences between Millennials and non-Millennials are examined. Since Millennials tend to lead other demographic segments in acceptance and use of digital banking tools, this research provides a good view into the future of mobile wallets as well as payment brand acceptance. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Senators to try end stalemate on revenue sharing formula

first_imgSenate Majority Whip Irungu Kang’ata was Saturday quoted saying the fate of the bill on the floor of the house on Tuesday may compromise the Building Bridges Initiative.Also Read  SRC moves to address pay disparities  ” I told Kangema Constituency residents,”I thought BBI proposes to devolve 35 per cent of National Revenue.Why do some colleagues fear that once this formula passes there will be loss of revenue by some counties?” He asked” On Senate stalemate,on Tuesday we shall bite the bullet .No more adjournments on county revenue sharing formula debate.” He addedAlso Read  KUPPET calls on parents to prepare for early reopeningHis sentiments have been dismissed by those with contrary opinion on the formula who say the two are not related.Calls are now being made to the president and the opposition leader to whip their troops in the senate to end the stalemate.If passed in its current form 17 counties will lose approximately 18 billion shillings. Senators will again on Tuesday try to end the stalemate over the new revenue sharing formula, which has so far proved to be a hard nut to crack delaying the disbursement of monies to counties.Several attempts to forge a compromise on the new formula have been fruitless with a recent special sitting on Thursday ending in prematurely.A move that was criticized by some senators who called out, the speaker Kenneth Lusaka for failing in is duties.Also Read  Women leaders welcome CJ’s decision to dissolve Parliament The new Revenue Sharing Bill proposed by the Commission on Revenue Allocation (CRA) has divided senators with those supporting it calling for its approval in its current form while those against claiming it will further entrench marginalization.Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153last_img read more

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