More than three-quarters of organizations are not effectively onboarding their new hires, according to a recent survey of 350 HR leaders conducted by Kronos and the Human Capital Institute (HCI). Here are additional findings from the report: Only 40% of respondents said that their onboarding program was successful at retaining new hires Nearly a quarter indicated they have no onboarding …
Healthcare Just Became the Largest Source of US Jobs, Surpassing Retail and Manufacturing
For the first time in history, healthcare is the largest source of US jobs, according to The Atlantic. In the final quarter of 2017, the healthcare industry surpassed retail and manufacturing in total employees. Three primary factors contribute to this shift: the aging US population, public subsidies of the healthcare industry, and healthcare’s resistance to the effects of automation and …
148K New Jobs in December, Wages Starting to Rise
The US added 148,000 new jobs in December, marking the 87th consecutive month of employment growth, according to the Department of Labor. Wages have also started to see an increase — they rose 2.5% in December. These gains are starting to be felt for the people who need them most, reaching industries that are typically lower paying, such as construction, …
Gen Xers Outrank Both Millennials and Baby Boomers in Workplace Value
Generation X employees were ranked the most valuable in the workplace by their coworkers. In a survey of 1,000 people conducted by LendingTree, GenX outperformed Millennials and Baby Boomers in communication skills, intelligence, reliability, productivity, willingness to learn, and friendliness. Millennials were rated the most creative and best with technology over their older coworkers, while Baby Boomers were ranked the …
High-Speed Internet Tax: How Ending Net Neutrality Could Cost Your Staffing Firm
On December 14, the FCC voted to repeal net neutrality protections by a 3-2 vote. This move could have dire consequences for everyone who uses the internet, and the staffing industry is no exception. The end of net neutrality allows corporations like Xfinity and Comcast to implement what some are calling a “high-speed internet tax.” Prior to this decision, the …
Goldman Sachs Predicts Unemployment Will Continue to Drop
The unemployment rate will continue to plummet, reaching as low as 3.5% by the end of 2019, according to Goldman Sachs. If these predictions are accurate, the US will soon see the highest employment rate since 1969. Unemployment is currently at a 17-year low of 4.1%. The investment firm says that post-hurricane rebuild will bolster much of this growth and that the …
Job Searches for “No Experience Required” Increased by 1140% in 2017
More and more candidates are looking for jobs by searching for “no experience required” on Indeed, according to the job search website. Searches for jobs related to “hurricane relief” surged by 682%, Here are more interesting job search trends in the United States: “Tech/software” searches increased 467%. “Cannabis/Marijuana” related job searches increased 401%. “Remote/work from home” searches increased by 385%. …
US Job Creation 16% Short of Expectations for October
The US created 261,000 jobs in October, well short of the 310,000 predicted by Wall Street. The unemployment rate fell to 4.1%. According to Tony Bedikian, head of global markets at Citizens Bank, says the report “still points towards the positive trend that we’ve seen in payroll growth over the last several months and the last couple of years actually. …
71% of US Employees Report that They Are Looking for a New Job
The majority of US employees (71%) are looking to change employers, according to a report by Mental Health America and the Faas Foundation. In a survey of 17,000 workers across 19 industries, the majority reported being unhappy with their job. The top reasons cited were: 70% say their company has unrealistic workload expectations 66% say their coworkers do not give …
2017 Holiday Hires Strong, Despite a Rocky Year in Retail
The majority of large retailers (80%) expect to hire for the holidays at the same rate as last year, according to a survey from executive search and recruiting firm Korn Ferry. Though brick-and-mortar stores experienced a rough year full of store closures and layoffs, the strength of the economy overall bodes well for holiday hiring. Retailers face a tight job market. …