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November’s Job Report: Rate Remains at 3.7%

Dec 2, 2022, 09:02 AM by Kabnoog Xiong

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US Pay Increases To Hit 4.6% In 2023, Fueled By Labor Market And Inflationary Pressure: WTW

Nov 29, 2022, 15:03 PM by Robbie Hoeft

The overall salary increases in the US are forecast to rise 4.6% in 2023, up from an actual increase of 4.2% this year, according to the new “Salary Budget Planning” report by global advisory firm WTW. Labor market and inflationary pressure are fueling the higher-than-projected increases.
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Tight Talent Supply in Key Markets to Continue For Years to Come: Glassdoor and Indeed

Nov 29, 2022, 15:01 PM by Robbie Hoeft

Amid a tight labor market and economic uncertainty, there will likely be a tight supply of workers for years to come in key economic sectors, according to the 2023 Hiring & Workplace Trends Report, released jointly by Glassdoor and Indeed today.
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36% Of Employees Are Weighing Whether To Leave Their Employer, Up From 28%

Nov 29, 2022, 14:58 PM by Robbie Hoeft

A greater share of employees are thinking about leaving their employer this year than last, according to the “2022 Inside Employees’ Minds” study by Mercer. It found 36% of employees are considering leaving, up from 28% in last year’s study.
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October’s Job Report: Rate Increases to 3.7%

Nov 4, 2022, 14:53 PM by Kabnoog Xiong

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Workers’ Job Engagement Declines, Not Related to Work Location: The Conference Board

Oct 24, 2022, 11:50 AM by Robbie Hoeft

Nearly a third of workers report decreased job engagement — the commitment and connection they feel to their work — but the shift to remote work spurred by the pandemic may not be the cause, according to a survey from The Conference Board.
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September’s Job Report: Rate Drops to 3.5%

Oct 7, 2022, 10:23 AM by Kabnoog Xiong

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Nearly Third of HR Pros Say ‘Quiet Quitting’ is Happening at Their Organization

Oct 3, 2022, 11:06 AM by Robbie Hoeft

More than a third of human resources professionals, 36%, say “quiet quitting” is happening in their organizations, according to a poll by the Society for Human Resource Management. While only some are seeing it, 51% of HR pros are concerned about it.
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Salary Projections to Lag Inflation: Mercer

Oct 3, 2022, 11:05 AM by Robbie Hoeft

US salaries are going up, but compensation budgets for next year and salary projections are expected to lag inflation, according to the “2023 US Compensation Planning Survey” released by Mercer. Employers are budgeting an average of 3.8% for merit increases — compared to the 3.4% actually delivered this year — and 4.2% for their total budget increase for 2023.
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August’s Job Report: Rate Increases to 3.7%

Sep 2, 2022, 13:48 PM by Kabnoog Xiong

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From More Flexibility to Bonuses, Employers Using Several Strategies to Retain and Keep Workers

Aug 23, 2022, 11:02 AM by Robbie Hoeft

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US Manufacturing Sector Grows at Slowest Pace Since June 2020

Aug 23, 2022, 10:58 AM by Robbie Hoeft

The US manufacturing sector continued to grow in July but at a slower rate than June and at the slowest pace since June 2020, according to the Institute for Supply Management’s “July Manufacturing PMI” report.
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July’s Job Report: Rate Declines to 3.5%

Aug 5, 2022, 15:25 PM by Kabnoog Xiong

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No Sign of a Recession in June Jobs Report

Jul 22, 2022, 14:28 PM by Robbie Hoeft

The Fed is happy to see strong payroll gains and moderating wage growth in the June jobs report. Payroll gains of 372,000 and the unemployment rate remaining at 3.6% is simply a great jobs report. But the cherry on top is that nominal earnings are leveling off, easing fears of a wage-price spiral as inflation is at a 40-year high.
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US Manufacturing Growth Slows in June, PMI Lowest Since 2020: ISM

Jul 22, 2022, 14:26 PM by Robbie Hoeft

US manufacturing activity continued growing in June, but its rate of growth slowed, according to the Institute for Supply Management’s Manufacturing PMI. It fell to a reading of 53.0% in June from 56.1% in May. It’s the lowest Manufacturing PMI reading since June 2020.
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June’s Job Report: Rate Remains at 3.6%

Jul 12, 2022, 07:14 AM by Kabnoog Xiong

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How Businesses Can Benefit From a Data-Driven Culture

Jun 23, 2022, 11:56 AM by Robbie Hoeft

Experts at McKinsey Global Institute have said that modern data-driven organizations are 23 times more likely to attract new customers than those who are getting by without doing so. How can you turn all those mammoth amounts of rough data into actionable insights and create a strong basis for decision-making? An equally good data-driven company culture could be the way to go.
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Two Ways High Inflation Shapes Recruiting

Jun 23, 2022, 11:52 AM by Robbie Hoeft

Recruiters face two new challenges: rising wage expectations of job seekers and online job advertising costs that have spiked after declining for a decade. With high inflation, employers looking to hire need to adjust on these two fronts by benchmarking pay more regularly, at least quarterly if not monthly, and adjusting recruitment budget forecasts to reflect higher costs for job ads.
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May’s Job Report: Rate Remains at 3.6%

Jun 3, 2022, 13:43 PM by Kabnoog Xiong

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April’s Job Report: Rate Remains at 3.6%

May 6, 2022, 11:51 AM by Kabnoog Xiong

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November’s Job Report: Rate Remains at 3.7%

US Pay Increases To Hit 4.6% In 2023, Fueled By Labor Market And Inflationary Pressure: WTW

Tight Talent Supply in Key Markets to Continue For Years to Come: Glassdoor and Indeed

36% Of Employees Are Weighing Whether To Leave Their Employer, Up From 28%

October’s Job Report: Rate Increases to 3.7%

Workers’ Job Engagement Declines, Not Related to Work Location: The Conference Board

September’s Job Report: Rate Drops to 3.5%

Nearly Third of HR Pros Say ‘Quiet Quitting’ is Happening at Their Organization

Salary Projections to Lag Inflation: Mercer

August’s Job Report: Rate Increases to 3.7%

From More Flexibility to Bonuses, Employers Using Several Strategies to Retain and Keep Workers

US Manufacturing Sector Grows at Slowest Pace Since June 2020

July’s Job Report: Rate Declines to 3.5%

No Sign of a Recession in June Jobs Report

US Manufacturing Growth Slows in June, PMI Lowest Since 2020: ISM

June’s Job Report: Rate Remains at 3.6%

How Businesses Can Benefit From a Data-Driven Culture

Two Ways High Inflation Shapes Recruiting

May’s Job Report: Rate Remains at 3.6%

April’s Job Report: Rate Remains at 3.6%

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