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A recent article by Korn Ferry, a global consulting organization, suggests a significant drop in remote work opportunities, reporting just one in seven job postings offering remote work. According to a Korn Ferry vice president, this decline is due to growing concerns companies have over losing their office culture and drops in productivity due to work-from-home […]
Written by Rosie Greaves, LaborIQ Staff Writer on January 31, 2023
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Written by Mallory Vachon, PhD on December 7, 2022
68% of workers will demand the higher end of the salary range when pay transparency laws are enacted. This insight comes on the heels of several U.S. states enforcing or planning to enforce new pay parity laws. For instance, as of Nov. 1, 2022, the City of New York introduced a new human rights […]
Written by Rosie Greaves, LaborIQ Staff Writer on November 29, 2022
A recent study on compensation and employee performance shows a statistically high correlation between work quality, attitude, reliability, and the competitiveness of the employee’s salary. But how do HR teams ensure they’re offering competitive compensation? In a nutshell, businesses need accurate labor market and salary data to confidently offer top talent competitive wages and quickly respond to […]
Written by Rosie Greaves, LaborIQ Staff Writer on October 24, 2022
So, you’ve collected your resumes, and one stands out. A former employee has bravely reapplied. You have numerous opinions and thoughts until you reach the epiphany of . . . shortened training periods. Then, your face lights up as you realize this could be a mutually beneficial endeavor. Do you dare? Returning staff members can […]
Written by Rosie Greaves, LaborIQ Staff Writer on October 18, 2022
The fight for comfort is the current reality for workers. The job market is developing an employee-centric undercurrent, shifting the dynamic from job-seeking to job-swimming. So, how do employers secure talent that will stay? An authentic person-centered approach bodes well with an emerging professional generation with high standards and a string of older generations quick […]
Written by Rosie Greaves, LaborIQ Staff Writer on September 16, 2022
In 2023, LaborIQ predicts that companies will need to hire 65 million employees. However, although many global authorities have experienced unprecedented economic volatility this year, the employment market remains ever-competitive. Not least because employees are more fearful of leaving their jobs during periods of economic uncertainty, making for an increasingly tight labor market. So, what do employers […]
Written by Rosie Greaves, LaborIQ Staff Writer on September 16, 2022
Some industries have emerged as winners during the coronavirus pandemic recovery, while others have been less fortunate. Luckily for talent acquisition pros, there’s a way to turn the underperforming industries into recruitment gold by scooping up the best of their former employees. The trick is hiring those with marketable skills that are easily transferable to […]
Written by Rosie Greaves, LaborIQ Staff Writer on July 20, 2022
Since the pandemic began, we’ve all read about the Great Resignation. The many cited reasons for it include early retirement, job losses and resignations by employees looking for a new way of living and working. As a result, the world of work continues to adapt, with current figures suggesting that hiring has slowed down as […]
Written by Rosie Greaves, LaborIQ Staff Writer on July 7, 2022
Since the Great Resignation at the end of 2021, many industries have continued to lose employees in large numbers. As a result, job openings are soaring ahead of the number of job seekers applying for work. Unfortunately, this has created a labor market where businesses compete fiercely for talent within very small candidate pools. It’s […]
Written by Rosie Greaves, LaborIQ Staff Writer on June 6, 2022
