When measured in monetary terms, the direct costs of replacing an employee can range from 50% to 200% of their annual salary (one-half to twice their annual salary) But the price goes well-beyond dollars and cents After people leave, companies […]
Who would have believed 18 months ago that there would be over 9 million Americans out of work today and that employers would be struggling to fill positions despite that number Not many of us! So, how did we get […]
Did you know that consumer spending is responsible for about 70% of the nation’s economic activity, and the retail industry employs more people than any other business sector On the surface, that might make you think that companies in the […]
Around 57 million workers are currently involved in the US gig economy, and workers in this sector span generations, as well as racial and ethnic groups The gig workforce has transformed the way people view the world of work, and […]
Why Flexible Scheduling is Critical for Today’s Workforce A recent survey by OC Tanner Institute found that “89% of employers think employees leave because of money when only 12% actually do” This points to a disparity between what employers believe […]
Benefits for healthcare workers are becoming increasingly vital as employers in the healthcare sector struggle to attract and retain staff These workers are the unsung heroes of our society, providing essential services that keep our communities healthy and safe Their […]
If you’ve had to dust off your “We’re Hiring!” signs over the last few months, you’re not alone The current landscape of unprecedented skill shortages has left many business owners grappling with the challenge of attracting and retaining talent, prompting […]
As the war for talent rages on and candidate shortages escalate, the balance of power has tipped firmly in favor of job seekers Now, they can pick and choose among prospective employers, and their expectations have never been higher If […]
The world has changed Have you You don’t have to look far to know that businesses are struggling to find hourly workers Recent headlines about McDonald’s raising their wages an average of 10% across their workforce is just one example […]
How Hospitality Can Overcome Staffing Shortages During the Post-Pandemic Recovery The leisure and hospitality industry accounted for 39% of all jobs lost during the pandemic Employment in the leisure and hospitality industry is down by 28 million, or 168%, since […]
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