Target CEO: AI to create jobs, not replace workers | "Revenge quitting" poses risk to data, retention | Jobless claims hit 217K, Calif. wildfires a factor
Target CEO Brian Cornell has emphasized that AI will create more jobs rather than replace them, urging retailers to embrace technological advancements. Cornell highlighted Target's expansion plans, including opening 300 stores in the next decade, and noted that 95% of Target's sales are fulfilled by stores, creating new opportunities for employees. Full Story: The US Sun (New York) (1/13)
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Recruiting & Retention
"Revenge quitting" poses risk to data, retention "Revenge quitting" is growing, with 65% of employees feeling stuck in their roles, according to Glassdoor. This trend often involves "rage deletion," where employees intentionally destroy company data before leaving, with Gen Z workers more likely to engage in this behavior. HR leaders are focusing on building anti-burnout workplace cultures and improving employee recognition to mitigate these problems, executives say. Full Story: WorkLife (1/15)
Employers can now self-correct retirement plan errors The U.S. Department of Labor has introduced new regulations allowing employers to self-correct certain retirement plan contribution errors starting March 17. This change aims to streamline the process and help employers avoid civil enforcement actions, enhancing protection for workers' benefits, according to Assistant Secretary Lisa M. Gomez. Full Story: HR Dive (1/16)
Technology
Report: Employers slow to teach skills for advancement An ADP Research report found only 24% of employees worldwide say they have enough skills to move up to the next job level, while only 17% say their company gives them the training they need for career growth. "Our research shows that a skilled workforce is more loyal to their employers. Yet only a small fraction of workers are upskilled within two years of being hired," says Nela Richardson, ADP chief economist. Full Story: Human Resources Director (1/14)
The HR Leader
Aligning strategy, people key to successful change Organizational change often fails due to a lack of buy-in from people, despite having a solid strategy and processes in place, writes Lisa Collinson from Leading Results. Successful change requires aligning strategy, processes and people, with a focus on leadership engagement and clear communication. Full Story: The HR Director (UK) (1/13)
SmartBreak: Question of the Day
Sir Elton John credits British blues musician John Baldry with saving his life. Which musician who also was knighted years later also claimed to have been discovered by Baldry?
I'd like it to be seen as an integrated cuisine, without any of these hues and cries about stealing this or stealing that or taking this or taking that, but understanding that everyone taught everybody. You're in the kitchen together.
