Events

The arrival of Millennials in the workforce presents as both a challenge and an opportunity. Unlike the Gen-Xers and the Baby Boomers, Millennials generally develop certain work characteristics and tendencies from doting parents, structured and stable lives, and contact with a great diversity of people.

As a way of giving back to their clients, Payboy.biz has recently organized a knowledge sharing session by one of their co-founders on all they need to know about hiring interns. Besides the added manpower and increased productivity, interns are potential full-time employees who can be your company’s greatest asset.

The Millennial’s arrival in the workforce is a challenge, but also an opportunity.

Following the global financial crisis of 2007-08, the world’s economy continues to face uncertainty and instability. As such, organizations continue to restructure in a bid to remain competitive and outplacement has now become more commonplace. In addition, organizations also find themselves increasingly challenged to ensure both business and employees interests are met when implementing an outplacement exercise.

According to MOM’s Labour Market Report Second Quarter 2016:

Outplacement occurs when organizations go through the difficult decision of restructuring, downsizing, rightsizing and sometimes total closure. As a result, jobs are made redundant. Following the global financial crisis of 2008/09, the world economy is once again facing volatile times. Currently, we notice outplacement activity picking up across various sectors (Oil & Gas, Manufacturing, Banking & Finance, Supply Chain Management & Logistics to name a few). HR leaders and practitioners have the important task of leading and facilitating outplacement initiatives as professionally as possible.