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What’s the Link Between Interest Rates and the Labor Market?

Two macroeconomic factors have recently been on employers’ minds: interest rates and the labor market. While these two issues may at first seem to have little, if any, connection to one another, they are actually quite closely linked. For example, in a recent article for Fortune, Christopher Rugaber and the Associated Press write, “America’s employers […]

How Workforce Planning Can Help Organizations and Employees During Economic Uncertainty

Workforce planning is the process of building a robust organization through analyzing, forecasting, and determining workforce supply and demand, and it typically includes business plans for head count and finance. Good workforce planning also records skills and competencies to inform and maintain optimum resourcing and succession plans across all teams and locations as business needs […]

How to Build a Collaborative and Interconnected Global Workforce

Building and sustaining collaborative, interconnected teams is challenging, especially when managing a distributed global workforce. Before the pandemic disrupted people’s personal and professional lives, employee engagement and well-being were on a 10-year upswing, but that trend was upended. A 2022 Gallup survey found that just 32% of employees are engaged at work. Instead, employees resonate […]

Gen Z and the Side Hustle

Most companies would love workers to dedicate their lives to their jobs and sacrifice personal hobbies and relationships to pursue their passion for work. But such workers may be difficult to find given younger workers’ tendency to engage in one or more side hustles, or alternative sources of income and uses of their time. Moonlighting […]

3 Keys to Support Your Employees and Build Loyalty at the Same Time

Businesses are still reeling from the Great Resignation, and it doesn’t appear that trend will be putting on the brakes in 2023. Research by Robert Half Talent Solutions shows that 46% of respondents are looking for a new job or plan to during the first 6 months of the year. Also, by 2030, the United […]

States Toy with Idea of Loosening Child Labor Laws Amid Tight Labor Market

The labor shortage businesses are facing across the country has been lingering for years, with some arguing the trend can be traced back to the 2008 financial crisis. Businesses faced with worker shortages have tried a variety of strategies to mitigate the challenges: signing bonuses and increased wages, increased use of automation and customer self-service […]

NLRB Narrows Permissible Terms in Severance Agreements

A recent National Labor Relations Board (NLRB) ruling determined that including certain nondisparagement and confidentiality provisions in severance agreements violates the National Labor Relations Act (NLRA). Facts McLaren Macomb Hospital permanently furloughed 11 employees and contemporaneously presented them each with a “Severance Agreement, Waiver and Release.” The agreement contained provisions that broadly prohibited them from […]

How to Use Emotional Intelligence in the Workplace

We live in an ever-changing world and the workplace is no different. From record-high burnout levels to mass layoffs, and fears of a recession, HR leaders have tried on a myriad of hats in an effort to retain talent and keep them engaged, productive, and happy. Still, the workplace remains rampant with buzzwords like The […]

Bare Minimum Mondays

Just when we thought we’d heard enough new terms, a new trend has gained prominence among employees who shirk their responsibilities and their employers. Employees Cutting Back on Commitment “Bare-Minimum Mondays” is a new social media-inspired trend popularized by Marisa Jo Mayes, a TikTok creator and start-up founder. In an article for CNN, Holly Thomas […]

How to Help Employees Cope with the Aftermath of a Mass Layoff

During the last few months, many large technology companies such as Netflix, Amazon, Meta, and Twitter have carried out mass layoffs, with other smaller companies also culling large numbers of staff. In such tumultuous times, much support is rightly given to those who are laid off, but there’s also an impact on those who are […]