Most chief executive officers hold an optimistic outlook regarding their companies’ and industries’ performance, with growing positivity toward the global economy, according to a survey of 107 CEOs by Fortune and Deloitte. CEOs anticipate a reduction in interest rates by the U.S. Federal…
The 2024 Career Optimism Index Study Highlights Shift From the Great Resignation to a Great Talent Stagnation
Workers and employers are facing a critical moment of talent stagnation in the workplace, according to a survey of more than 5,000 U.S. adults and 501 U.S. employers by the University of Phoenix. More than half (53%) of Americans report feeling easily replaceable in their job, and 64% of workers…
In-House Legal Teams Face Rising Law Firm Costs and Talent Shortages Amid Increasing Workloads and Complexity
Challenges that have plagued general counsels for years are intensifying for under-resourced in-house legal departments and their overworked teams, according to a survey of 300 GCs by legal staffing provider Axiom. Some 96% of GCs had their budgets cut coming into 2024. Recruiting and retaining…
Most Hospital CFOs View Nurse Staffing as Top Challenge
Nine in 10 (98%) chief financial officers view nurse staffing as a significant challenge for their health system, according to a survey of 203 health system executives by health care staffing platform Nursa. Eight in 10 (86%) health systems had 10% or more of their nursing staff quit in 2023 even…
Hear From the Nation’s Top Legal Experts at the ASA Staffing Law & Compliance Conference
Renamed to better reflect its important focus on compliance and related human resource content, the ASA Staffing Law & Compliance Conference (formerly the Staffing Law Conference) takes place May 16β17 at the Westin Washington, DC, Downtown in Washington, DC. Subject matter experts will discuss the industryβs most pressing topicsβincluding artificial intelligence, contract negotiations, legislation aimed…
NFIB Jobs Report: Small Business Job Openings Fall to Prepandemic Levels
A seasonally adjusted net 11% of small businesses in March planned to create new jobs in the next three months, down one point from February and the lowest level since May 2020, according to the National Federation of Independent Business. Overall, 56% of small business owners reported hiring or…
HW Staffing Solutions Acquires Top Prospect Group
HW Staffing Solutions, a commercial staffing firm providing services throughout the U.S., has acquired Top Prospect Group, headquartered in White Plains, NY. Top Prospect Group becomes the newest division of HW Staffing Solutions. In addition to specializing in providing businesses of all sizes…
BraddockMatthews and David Barrett Partners Combine
BraddockMatthews LLC and David Barrett Partners have announced the closing of a transaction to combine their firms, creating an international provider of asset management executive search. The merging of the two firms, which serve complementary segments of the investment management industry,…
CareerArc Acquires Lumina
CareerArc has acquired Lumina, a Software-as-a-Service platform for generating visual job postings at scale. The acquisition reflects an aggressive investment in automated video creation as CareerArc takes a major step toward alleviating one of the greatest challenges for talent acquisition teams…
U.S. Small Business Job and Wage Growth Remain Steady
The pace of small business job growth increased for the first time this year in March, according to the Paychex Small Business Employment Watch. The small business jobs index grew 0.18 percentage points in March to 100.85. The current national index is 1.01 percentage points below the mark set in…
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