This week I presented to the leadership team at Baltimore Aircoil, a division of Amsted Industries, at their headquarters in Maryland; my presentation was also broadcast to senior executives in Asia and Europe. I was invited by their global VP of sales and marketing, who was featured in a MAPI interview earlier this year.
Relatively strong post-recession employment growth is not a statistical anomaly, though only a small portion of the gain is coming from internet and telecommunications jobs. GDP is underestimated, but it is consistently biased, and the gig and free economies are too small to explain the productivity gap. Rather than blaming statistics, analytical effort is better spent determining the root causes for slow productivity growth.
Risk aversion, high unemployment, growth slowdowns, recessions, and geopolitical crises in key global economies are just a few of the factors holding back global growth. Overall, tighter financial conditions are leading to stock market corrections and a loss of confidence.
The Department of Labor’s final rule on overtime regulations will influence how an estimated 4.2 million American workers are paid during the first year of implementation, which starts December 1, 2016.
Leadership, Human Resources, Employee Relations, Employee Engagement, Risk & Compliance, Employee Health Management, Employee Wellness, Safety Management, Employee Safety
Evidence shows that good physical condition, good mental health, and an absence of chronic illness correlate to low injury rates. Programs aimed at prevention, early detection, and managing conditions also improve safety. However, a growing body of research has found that companies that integrate health, wellness, safety, and benefits in a holistic approach can improve health, decrease injuries, and improve productivity by building a culture of workforce resilience.