Tag: 2008 financial crisis

States Toy with Idea of Loosening Child Labor Laws Amid Tight Labor Market

By Lin Grensing-Pophal, Contributing Editor Apr 18, 2023 Recruiting

Updated: May 10, 2023

The labor shortage businesses are facing across the country has been lingering for years, with some arguing the trend can be traced back to the 2008 financial crisis. Businesses faced with worker shortages have tried a variety of strategies to mitigate the challenges: signing bonuses and increased wages, increased use of automation and customer self-service […]

How to Protect Your Payroll in the Aftermath of the Silicon Valley Bank Crisis

By James Paille, IRIS Software Group Americas Mar 31, 2023 Benefits and Compensation

Updated: Apr 5, 2023

This month’s Silicon Valley Bank (SVB) crisis has quickly become the second-largest bank failure in U.S. history. With business leaders having haunting flashbacks to the 2008 financial crisis, the collapse of SVB was undoubtedly alarming and confusing as everyone moved swiftly to try and control the outcome. While the Federal Deposit Insurance Corporation (FDIC) has […]