The answer is a resounding “yes”. While a number of companies and industries have started layoffs, especially tech and financial service companies, other industries are still in dire need of people. Advertising and marketing, healthcare, retail, food and hospitality, computer (cybersecurity, data science and artificial intelligence) and service companies are still in need of workers…. Read more »
If you are in the unfortunate position where you are seeing signs of potential layoffs at your company, there are a number of things that you can do to be prepared for them. Here are some of the steps we would recommend: 1) Prepare an updated resume. This should be done with great care and… Read more »
With inflation out of control, the stock market moving in the wrong direction and interest rates rising, what are the signs of potential layoffs? Companies tend to have job cuts for many reasons, some of which have nothing to do with a worker’s performance. Here are some of the signs that your company may be… Read more »
We find that the two best times of the year to start a job search are: 1) The beginning of the year (January/February) 2) Fall season right after the summer The reason that the beginning of the year is one of the highest periods of hiring, is that it follows the holiday period and vacations,… Read more »
The business world is in uncharted territory as it relates to working at the office, at home or on a hybrid basis. While many employers want their employees back in the office, a significant amount of employees prefer to work at home. The Hybrid model can vary from 2-4 days in the office to 1-2… Read more »
With inflation skyrocketing and government subsidies being reduced or eliminated, you would expect that more and more people would be returning to work. Currently there are over 11MM job openings in the U.S. There are several reasons why so many companies are having a difficult time filling their jobs. 1) The pandemic caused many aging… Read more »
Most companies had to adapt to working from home (fully remote working) and a hybrid policy (working several days a week from home and some days in the office) due to the pandemic. While we are still experiencing some of the effects of the pandemic and the variants of Covid-19, many of the regulations that… Read more »
Despite all of the talk about a recession looming, U.S. employers continue to hire at a rapid pace. In May, businesses added 6.5 million workers and layoffs have remained at near record low levels. A recession is defined as a significant decline in economic activity spread across the market, for several months, which generally occurs… Read more »
390,000 jobs were added in May, which beat expectations and performed much better than economists had predicted. With such a strong labor market, the Federal Reserve has been encouraged to increase interest rates even faster to fight inflation. Yet the unemployment rate has remained around 3.6%, which is incredibly low. We have seen some signs… Read more »
As an employer is it essential that you keep abreast of the most common employment legal issues that may affect your business. As a National Executive Search Firm we try to keep our employers updated on everything from compensation trends, benefits, how to hire and retain your employees and even the legal issues that can… Read more »