Tag: economy

August 8, 2022

A debate is raging among businesspeople, economists, and everyday families about whether the United States is in a recession. HR leaders have a great interest in this subject because of the budget planning and salary expectations of employees. The fact […]

December 8, 2020

One of the few guarantees in business, as with life, is that there will always be roadblocks, obstacles, stumbles, and setbacks. Plans don’t always work out as expected, goals aren’t always reached, and the competition sometimes prevails. How individuals, teams, […]

June 2, 2020

Have you reevaluated your employee benefits package since social distancing was implemented? It’s likely that your pre-pandemic perks, plans, and promises won’t hold up after COVID-19 passes. You’ll need new, creative benefits to retain talented employees and snag new superstars. […]

April 10, 2020

Companies worldwide spend huge sums of money on training and developing employees. In the United States alone, companies spent over $83 billion on employee training in 2019. Employee training has numerous benefits for companies, which include: Greater productivity Reduced safety, […]

February 13, 2020

Every business has different needs and challenges. However, understanding the landscape of those challenges on a national level can be of great value to any HR professionals anticipating the next volley of challenges coming their way. Recent research by Paychex […]

October 17, 2019

Employee training should not be a static approach to development. The skills and knowledge that might have helped a company thrive 20 years ago may be completely obsolete today or in a few years. For this reason, training has to […]

September 25, 2019

The historically low unemployment of recent years has drawn attention to what many employers woefully refer to as the “skills gap,” which is the idea that even though there are applicants for an open position, there aren’t enough applicants who […]

October 10, 2018

Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter). The most recent Q3 Index showed wage growth across the […]

June 18, 2018

Research conducted by the World Health Organization shows that the U.S. economy loses around $1 trillion per year in lost productivity due to mental health disorders and illnesses. Another study by Mental Health America saw correlation among workplace environments, employee […]

March 5, 2018

There’s a finality to the concrete definition of retirement. It’s the conclusion of one part of a person’s life and the commencement of the next, the solid boundary separating work and rest, a figurative brick wall marking a definite point […]

October 13, 2017

The workplace is transforming, as companies take advantage of developing technologies and tools. The digital transformation of the global business ecosystem will ultimately impact employees at every level and every company. So how can businesses work with employees to help […]