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Tag: Recession


Research

SAP’s North America HR head: ‘Hiring slowdown is inevitable’

January 17, 2023

Via: HRD America

Most economists agree that a recession will be declared this year, and many of the largest employers in the United States have already prepared. That’s why we’ve seen mass layoffs and hiring freezes over the past six months, especially in […]


Development & Evaluation, Employee development

Want to Future-Proof Your Business? Stop Shelving Employer Branding Plans

January 13, 2023

Via: HR Hero

When organizations go into survival mode, their leaders often forget just how vital employer branding is to overall business health and success. This is becoming more and more evident as companies and analysts try to determine whether we are headed […]


Development & Evaluation, Engagement

The Recession and Recruitment: What You Need to Know

November 17, 2022

Via: HR Hero

The past couple of years have been quite chaotic for HR teams as well as managers and executives trying to keep their teams staffed with qualified employees. First, the COVID-19 pandemic triggered a widespread shift to remote work, not to […]


Development & Evaluation, Engagement

How Quiet Quitting Could Backfire Amid a Potential Recession

November 9, 2022

Via: HR Hero

Quiet quitting, or the practice of employees’ doing just enough to get by without being fired, seemed to many American workers like a brilliant way to capitalize on a historically tight labor market. Rather than going the extra mile to […]


Development & Evaluation, Engagement

Viewpoint: 9 Ways Employers Turn Off Talent

October 27, 2022

Via: SHRM

As a longtime HR professional, I’ve been on both sides of the job market: I’ve recruited for positions and been a job seeker. Over time, I’ve watched the process evolve from newspaper ads and paper applications to online job boards […]


Development & Evaluation, Engagement

3 Reasons to ‘Labor Hoard’ Frontline Workers with a Recession Looming

October 24, 2022

Via: HR Hero

In the face of uncertain economic outlooks, many large corporations begin quickly looking for ways to slash budgets and save money internally. One of the most common ways they try to accomplish this? By trimming their workforce. Layoffs save companies […]


Research

Recession blues: 41% of workers say the U.S. is already in it

August 25, 2022

Via: HR Dive

While the U.S. government has yet to formally label the U.S. economic downturn, 41% of respondents to a recent survey said they feel the country is already in a recession. A Conference Board report, published on Aug. 18, analyzed the […]


Research

Are HR Leaders Facing a Recession?

August 8, 2022

Via: HR Exchange Network

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 […]


Research

HR management tops recession-ready skills list

August 1, 2022

Via: HR Dive

Employers are balancing their desire for continued growth and innovation with a necessary shrewdness in light of “the uncertain business environment ahead,” according to a recently released index on in-demand skills. Scaling up HR departments seems to be top of […]


Research

Despite recession, more than 20% of workers to look for new job

July 29, 2022

Via: HRD America

Talent acquisition has remained a top priority for HR leaders this year, and an anticipated recession may provide a boost. One-in-five workers (22%) say they are very or somewhat likely to look for a new job in the next six […]


Research, Software

Recession Preparation 101: Plan for Potential Layoffs Ahead of Time

December 30, 2019

Via: HR Hero

The economy is strong. Unemployment continues to hover around 4%, the lowest it has been in decades. Yet there are growing concerns that a recession is coming. The Dow dropped 800 points in two days at the start of October […]


Research, Software

ADP: As wage growth slows, economic downturn looms

October 28, 2019

Via: HR Dive

Economists aren’t unanimous in their predictions of an impending recession. According to the October 2019 edition of The Wall Street Journal’s Economic Forecasting Survey, 47.5% of economists surveyed predict the next recession will start in 2020. Twenty-seven percent say it […]


Communication, Software

Whether or Not a Downturn Is Coming, the Time to Prepare Is Now

September 23, 2019

Via: HR Hero

When it comes to predicting a recession, the answer is never obvious. Because the market has unexpectedly collapsed in the past, HR professionals should already be in planning mode. If your employees start asking and you don’t have a solid […]


Research, Software

Recession 2021: Will the Candidate-Driven Market Finally End?

August 29, 2019

Via: HR Hero

Earlier this month, economists nationwide began to spread rumors that the next recession could be a lot sooner than we think, with some even applying a tangible number: within the next 22 months. Since math isn’t my forte, I won’t […]