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We usually think about automation and artificial intelligence having roles in performing low-skill, mundane tasks; the type of work that is tedious for humans to perform. In that context, the use of such tools may displace some human labor, but it also frees up (currently scarce) human labor to focus on higher-level and more rewarding […]
The last 2 years have been brutal for technology workers. In 2022, tech companies cut over 93,000 jobs, marking a 649% increase over layoffs implemented in 2021. In 2023, the numbers are even worse. Tech layoffs claimed over 100,000 jobs in the first quarter alone, affecting workers at more than 500 companies. Announcements in recent […]
Finding a new normal in the workplace after Covid-19 has been more difficult than many people expected. Some organizations have demanded a return to the way work was done pre-pandemic. Others have tried to find new, hybrid ways of working or greatly expanded remote work. Much of that is in response to the fact that […]
The long-term consequence of failing to invest in employees and their experience, whether that’s new skills, changing attitudes on work/life balance or job flexibility. We are staring down a recession with little clarity and experiencing layoffs seemingly every day which keeps focus in the near term, but larger challenges exist on the horizon. There is […]
Outsourcing and improved technology have long been used by employers to cut costs and boost productivity. But employers have also gotten into the act in recent years, albeit often without the consent or even knowledge of their employers. Moonlighting on the Sly For example, in 2013 a U.S. software developer in his 40s was terminated […]
If you’ve ever watched a sci-fi TV show or movie, you’ll know that robots and technology are shown as something to fear and run away from. In the business world, this narrative has resonated in some industries more than others. The finance industry, for example, has historically been slow and hesitant to adopt technology into […]
Despite economic headwinds, the labor market remains tight. While there may be some softening of the U.S. labor market, hiring quality talent will remain challenging. This expectation is based on recent Employ Inc. data and Bureau of Labor Market Statistics, which projects that the U.S. labor shortfall will continue through 2030. When finding quality talent, […]
The business world is currently abuzz with talk about artificial intelligence (AI). With incredibly intuitive tools such as ChatGPT making headlines outside of traditional tech circles, many businesses are wondering how they can integrate AI into their processes and whether it will help with or hinder their compliance efforts. AI is a powerful tool that […]
The U.S. economy has grown rich in job opportunities but poor in skills. Since COVID-19, surveys by Gartner, the National Federation of Independent Business (NFIB), the Society for Human Resource Management (SHRM), and others have consistently shown that employers can’t find people qualified to fill their open roles. The zero-sum competition for scarce workers like […]
As the world becomes more reliant on technology, the hours spent looking at screens have increased. In a recent study, statistics showed that adults spend 5 hours per day looking at phone screens alone, on top of other devices in the home. When you take into account the number of jobs that require regular use […]