Practical HR Tips, News & Advice. Updated Daily.
In a previous post, we discussed recent data showing the significant impact older workers have had on the current labor shortage. Allison Morrow, in an article for CNN, cited data showing that workers over age 55 represented an astonishing 90 percent of the 3.6 million American workers who had left the workforce in November 2021 […]
As millions of Americans continue to retire or otherwise opt out of participating in the workforce, companies are scrambling to secure a share of the best and brightest of those who remain. Clearly, continuing to offer the same compensation and perks in the midst of a fundamental realignment of the labor force won’t cut it. […]
We’ve written a great deal about companies struggling to staff their organizations these days. Many are having to lower their minimum criteria, increase wages, or simply leave positions unfilled. Perhaps the most obvious labor shortage is in retail and service positions, which manifests itself in unexpected retail store closures and slow service at a favorite […]
At a time when the “Great Resignation” is getting significant attention, there’s a perception that the need to hire has exceeded the growing need for specific skill sets. However, this could not be further from the truth. Businesses will remember 2022 as a year in which data and analytics skills grew in importance and prominence.
Great companies find opportunities in chaos, and while the COVID-19 pandemic has created nearly 2 years of chaos in the United States and around the world, there are some notable silver linings. One of the most impactful—in terms of the sheer number of people affected—is the shift to widespread remote work. Millions of employees across […]
Within the next 5 years, Generation Z will make up over 25% of the American workforce. Because the future of work rests in the hands of the next generation, today’s leaders are focused on recruiting and training the newest age of skilled workers. But in this competitive job market, recruitment is more challenging than ever. […]
Job postings often contain a list of desired qualifications and abilities the employer deems necessary to fulfill the basic functions of the job, such as “proficiency with Microsoft® Office,” “a commercial driver’s license (CDL),” or “X years of corporate accounting experience.” “We need a truck driver. They’d better be licensed to drive for us.” But […]
It’s no secret: Today’s employers are struggling to recruit top talent and fill essential positions. Current government statistics indicate the U.S. employment rate was 4.8 percent in September 2021. That’s down significantly from the pandemic peak of 14.8 percent and about half the 10 percent unemployment rate during the 2009 recession. And, as we all know, […]
According to the U.S. Bureau of Labor Statistics, job openings increased to a record high of 10.9 million on the last business day of this past July. With the demand for labor high and prospects lower than normal, some companies are willing to do whatever it takes to fill their open positions as quickly as […]
Everyone can relate to the feeling of walking into a job interview with one goal in mind. Without knowing who else applied for the position and how many are competing for it, the ability to stand out remains immensely important. There is endless information out there on how to stand out in a job interview, […]