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Job Openings Drop to Three-Year Low, Indicating Cautious Hiring in 2024

Allwork

Data in the latest Job Openings and Labor Turnover Survey (JOLTS) published by the U.S. million job openings falling below all but one estimate in a Bloomberg survey. This three-year low in job vacancies — along with a 2.1% labor market, and business and finance decision-makers can use it as a tool to help navigate 2024.

2024 130
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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

Success

Before you know it, you find yourself on the hook, either right away or when you try to switch jobs , for thousands of dollars of repayment for training your company asked you to do—all in an effort to secure employee buy-in. Required corporate or professional training: “It is only sensible that the company carries the total cost.”

Training 246
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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

Ladder, a life insurance insurtech company, has suggested that companies would give themselves a leg up in recruiting and retention if they promoted a comprehensive financial well-being program for their employees. . For employees, finances are actually the top source of stress — even more so than health or family issues. .

Finance 291
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Hostile Work Environments Are Pushing 52% Of Black Women Out Of The UK’s Workforce

Allwork

Coqual surveyed 1,035 people from different backgrounds and genders in the U.K. One of the most remarkable findings of the report was that 52% of Black women intend to leave the workforce; this compares to only 34% of all white respondents to the survey. . A survey of 250 Black female professionals in the U.K. In the U.S.,

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Your Top Job Candidate Is Probably A Liar

Allwork

Background verification is essential and effective for catching misinformation that may be difficult to uncover in interviews and conversation. “Most companies make offers contingent on successfully passing background verifications. The best way to confirm a candidate’s true level of skill is by giving them aptitude tests.

Resume 246
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According to LinkedIn, Most SMBs Use Freelancers

Small Business Labs

A recent survey by LinkedIn found that 70% of U.S. Key quote from their article on the study : " more than half (52%) of small business hiring managers say that the number of freelancers and contractors in their company will increase in the next 5 years while 38% say the number will stay the same."

Finance 154
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The Post-Covid Economy Demands a Hybrid Office Concept | Virtual Offices and Remote Workers Drive Innovation and Productivity

Allwork

Workers widely support flexible working, with some surveys indicating employees would leave their jobs if they were refused such arrangements. . Evidence has accumulated that shows workers widely support flexible working on a grand scale, with some surveys indicating employees would leave their jobs if they were refused such arrangements. .

Equipment 265