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What’s Next to Be Your Best? 3 Personal and Professional Development Trends in 2024

Success

Not only do personal and professional development opportunities provide key benefits to employees—like learning new skills, boosting confidence and credibility, developing leadership skills and increasing earning potential—but employers greatly benefit too. Why are human skills important?

2024 234
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Around a quarter of jobs will shift over the next five years, WEF report claims

Workplace Insight

Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment.

2023 98
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3 Soft Skills Those in Leadership Roles Should Develop to Be Better

Success

I wake up every single day obsessed with the question: How can we best equip leaders to be prepared for the leadership moments well in advance? One answer, he believes, is those in leadership fine-tuning their soft skills. Khan says attunement, resilience and creativity (ARC) are the three key areas to develop those soft skills.

Skills 246
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The sector responds to the Spring Budget

Workplace Insight

The investment in the NHS to modernise IT equipment and improve their efficiency is welcome, but that was the only real nod towards support in the healthcare space. There was also very little to address skills and tackle the hard-to-fill vacancies facing many employers.

Budget 59
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. A 1099 is a form used to report non- employee compensation. What is a W-2?

Payroll 52
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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

We need to equip the workforce with the new skills that the economy needs. What our research tells us is that skills such as conflict resolution, leadership, communication, and problem solving are the skills that are missing. These measures would slash energy bills, create 500,000 skilled jobs, and save the NHS £1.4

Budget 98
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. It went into effect for plan years beginning in 2023, and it’s only available for employees who aren’t currently enrolled in your 401(k) plan. From the implementation of SECURE 2.0

Payroll 52