Half of small business owners (seasonally adjusted) reported job openings they could not fill in the current period, down one point from May’s 48-year record high, according to the National Federation of Independent Business. Some 23% of owners said that labor quality was their top business…
Bonus Growth Boosts Pay for Top U.S. Company Lawyers
Total cash compensation for top lawyers at U.S. companies has increased by an average of 15% since 2020, driven partly by higher bonuses as companies fight to retain in-house legal talent in a competitive market. General counsel and chief legal officers in the U.S. reported average total cash…
NFIB: Inflation Remains Top Business Problem for Small Business Owners
The National Federation of Independent Business’ Small Business Optimism Index rose 0.3 points in September to 92.1, marking the ninth consecutive month below the 48-year average of 98. Thirty percent of owners reported inflation was their single most important problem in operating their business….
The Top 1% Was the Only Group to See Real Wage Gains From 2020 to 2021
The nation’s top 0.1% of workers realized an 18.5% jump in earnings in 2021 versus 2020, according to research by the Economic Policy Institute. The bottom 90% of workers weathered an overall loss of 0.2% in inflation-adjusted earnings during the same period. That tracks with a 40-year-long trend…
Inflation Eases Slightly on Main Street but Remains Top Business Problem
The NFIB Small Business Optimism Index increased 0.5 points in January to 90.3, remaining below the 49-year average of 98. Down six points from last month, 26% of owners reported inflation was their single most important problem in operating their business. Owners expecting better business…
Career Growth, Money Among Top Reasons Americans Seek New Job Opportunities
The majority of Americans prefer the opportunity to have flexible schedules, with 21.9% preferring to work fully remote and 30.1% embracing a hybrid mix of working from home and the office, according to a survey of more than 1,500 working Americans by gifting company Snappy. Just less than half of…
Labor Quality Becomes Top Small Business Problem, Followed by Inflation
The National Federation of Independent Business’ small business optimism index decreased by 1.1 points in April to 89.0. This marks the 16th consecutive month below the survey’s 49-year history of 98. Labor quality was the top business problem at 24%, with inflation in second place at 23%. The net…
Competition for Talent Top Influence on Benefit Strategy for Most U.S. Employers
Competition for talent (80%) and rising costs (67%) are the top two priorities influencing employers’ benefit strategies, followed by focus on inclusion and diversity (41%) and rising mental health issues (39%), according to a survey of 595 U.S. organizations by WTW. Almost two-thirds (65%) of…
Learn About Top Tech Tools for the Industry at Staffing World
Staffing World®, the ASA annual convention and expo, is where the staffing community comes together to make strategic connections, learn about new strategies, and get solutions that fuel growth and accelerate success. This year’s event takes place Oct. 3β5 at the Charlotte Convention Center in Charlotte, NC, and will feature more than 30 learning sessions…
Crosstown Ventures Acquires Top Talent
Columbus, IN-based private investment firm Crosstown Ventures has acquired Top Talent LLC, a talent acquisition firm based in Fishers, IN. Financial terms of the deal were not disclosed. Top Talent specializes in talent acquisition for the logistics and supply chain sector. Crosstown Ventures…
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