The divisiveness of this year’s presidential campaign has seeped into the American workplace, raising tensions among co-workers and forcing bosses to mediate political disputes.
Fifteen Democratic senators urged federal regulators to strengthen proposed rules governing Wall Street pay practices, saying the recent scandal at Wells Fargo & Co. underscored the need.
The AngelList co-founder is mastering a future-focused industry by living in the present.
Heads up, business majors: Employers are newly hot on the trail of hires with liberal arts and humanities degrees. Class of 2015 graduates from those disciplines are employed at higher rates than their cohorts in the class of 2014, a survey shows.
A new lawsuit alleges that wellness regulations set by the U.S. government violate several federal antidiscrimination laws designed to safeguard the privacy of employee-health data.
At a time when big business and trade are getting a bad rap, 220 chief executives gathered at a Texas resort last week to exchange ideas and rev each other up at the 10th annual Conscious Capitalism CEO summit.
Data from job-search site Indeed.com shows retailers, and the warehouse and logistics firms they compete with for seasonal labor, started searching for temporary workers a month earlier than in recent years.
The celebrity chef and Food Network fixture is opening her first restaurant in eight years, Phil & Anne’s Good Time Lounge, in Brooklyn’s Cobble Hill neighborhood.
As the competition for critical talent in the U.S. intensifies, organizations must better understand the supply and demand for critical workforce segments. Companies must begin to identify the skills in their organization that will help drive future growth. "With the relative aging of the population, it is bound to bring with it many changes to the economy of the U.S.-some foreseeable, many probably not," according to Alan Greenspan, Chairman of the Federal Reserve emeritus.
Today, the average cost to replace an employee is one and a half times their current salary when you factor in benefits, on-boarding and training and development. That cost is expected to double in the next 25 years. According to the Bureau of Labor Statistics, by 2012 there will not be enough skilled workers in the U.S. to staff all of the nation's jobs.
The real talent gap in the United States involves selected skill sets. Four industries in particular will suffer a mass exodus of employees including: Healthcare, Manufacturing, Energy and the Public Sector. With a decrease in the employee workforce, companies are challenged with the question of whether or not there will be enough qualified workers in the United States to do the work at an acceptable cost. Organizations must be prepared to manage divisions or business units that will be heavily impacted by waves of retirement and the impact retirement will have on critical skill sets and productivity needs.
- The Bureau of Labor Statistics
- Deloitte research 2008-Do you know where your talent is?
- HR Magazine Vol. 50, No. 3