February 2022 - A National Federation for Independent Business survey found a net 50% of small businesses raised their pay over the past three months, which is the highest rate in 48 years, but most small businesses aren't going to be able to keep pace with corporate titans.
A Prudential Financial survey of 2,000 American workers this spring found that millennials—those between the ages of 25 and 40—were antsier than other generations to make a change: More than a third of that demographic said they planned to look for a new job post-pandemic, compared with about a quarter of workers overall.
May 2022 - A handful of states saw more than 100% year-over-year growth in tech job postings since January, including Kansas, Nevada, Oklahoma, Idaho, Arkansas, Rhode Island, Mississippi and Vermont, which saw the biggest percent increase at 221%. Birmingham, AL Tech Openings up 50%.
May 2022 - Huntsville has been named the best place to live in the nation by U.S. News & World Report.
But it's not the only Alabama city on the list. Birmingham was ranked at No. 71, Montgomery at No. 125 and Mobile at No. 130. - Birmingham Business Journal
May 2022 - Staffing shortages prompted by the Great Resignation are contributing to burnout for the workers left behind, an April survey by Eagle Hill showed. 52% of workers surveyed saying it is their top problem at work.
March 2022 - Most office workers would rather be able to work remotely than get a promotion, according to a new survey It's yet another data point that illustrates how workplace flexibility has evolved from a perk to an expectation at a time when companies are rethinking their policies on remote work.
A survey of more than 6,000 office or technology workers around the world by workplace automation company Ivanti found 71% of respondents would prefer remote work to a promotion.
April 2022 - The U.S. inflation rate reached 8.6 percent in May 2022, its highest level since December 1981, the U.S. Department of Labor reported on June 10, putting additional pressure on employers to raise wages to keep pace. See the SHRM Online article U.S. Inflation Rate Reaches 8.6% in May, a 40-Year High, Pushing Wages Up.
The new “normal” . . . what will the workplace of the future look like? These new work conditions may have a lasting impact on future standards of operation and moral.
As employees go back into work, employers can implement procedures to reduce the risk of spreading the virus. Here are some things to keep in mind before testing.
Hiring managers and human resources will need to consider how the pandemic will impact future employment. How will recent graduates and millennials react to the “new” normal and job market?
The way you react to this difficult time and the decisions you make will have a lasting impression. Your employees health and safety should be a priority.
When the economy picks up and we need to start hiring again, what’s the best way to bring back furloughed employees? Forecasting an increase in business and assessing your future hiring needs will be the first step.
Unemployment insurance and furloughs raise a lot of questions right now, with all the new legislation. It can be challenging to make sound business decisions and determine how these laws impact your employees.
As employers make the difficult decision to furlough employees during this economic downturn, we need to understand some of the human resource risks and employees rights.