Information technology professionals say what matters most to them about their jobs are overall work-life balance (46%), vacation time or paid time off (42%), having their opinion and knowledge valued (40%), and telecommuting or working from home (40%), according to a survey of 550 IT…
Job Dissatisfaction Pushes Senior Leaders From Top U.S. Companies to Join the Great Resignation
More than three-fourths (78%) of U.S. executives aim to leave their jobs by 2024, according to a global survey of 1,000 senior executives by KellyOCG, the outsourcing and consulting business of Kelly. Only 22% of U.S. executives are happy in their current role. Only 30% say they have a good…
Hiring Top Talent Amid Rising Pay Rates in the Great Resignation
Research shows unemployment rates in technology, finance, and accounting dropped to their lowest level in three years while median wages in job postings climbed an average of 10% this past year, according to data company Emsi Burning Glass. Pay rates have risen in waves before, but experts say the…
Top Data Privacy Considerations Before Using Online Hiring Platforms
Video conference platforms can open businesses up to potential litigation and compliance risk given the patchwork of data privacy and employment regulations and statutes implicated. There are several laws that businesses should be aware of before conducting virtual interviews. Employers should…
Board Directors See Competition for Talent as a Top Concern in the Next Year
Greater competition for talent is the No. 1 concern over the next year for board members of public companies, according to a survey of 372 board members by the National Association of Corporate Directors. Concerns about the state of the economy also loom large. Indeed, over 50% of board members…
June to Top May Jobs Growth, Shift Gains Suggest
The labor market is holding strong, with June expected to add slightly more jobs than May despite compounding market pressures, according to the UKG Workforce Activity Report for June. The total number of shifts worked by people at U.S. businesses increased 0.8% over May, breaking a steady streak…
Producer Prices Top Forecasts as Energy Costs Drive June Gain
Prices paid to U.S. producers increased in June by more than anticipated, indicating companies continued to encounter robust inflationary pressures prior to a recent drop in commodities costs. The producer price index for final demand rose 11.3% from June of last year and 1.1% from the prior…
Small Business Owners Reporting Inflation as Top Business Problem Reaches Highest Level Since 1979
The National Federation of Independent Business’ Small Business Optimism Index rose 0.4 points in July to 89.9, marking the sixth consecutive month below the 48-year average of 98. Thirty-seven percent of small business owners reported that inflation was their single most important problem in…
More Companies Embrace Hiring Technology as Enterprises Rank Quality of Hire as Top Priority
There has been accelerated adoption of talent acquisition technology and a greater role for artificial intelligence as more organizations embrace this technology to ensure ethical, efficient, and quality hiring, according to a survey of 300 senior level talent acquisition and human resource…
Contract Workers Cite Meaningful Work as a Top Workplace Attribute
Sixty-six percent of nonemployee workers said meaningful work is very or extremely important to them when evaluating a new assignment, according to Flextrack, an extended workforce solution powered by Salesforce and artificial intelligence. Schedule flexibility (65%); a collaborative and…