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U.S. Labor Cost Growth Slows, Consumer Confidence Dips in Latest Quarter

Allwork

“But policymakers want to see a wider margin of slack open up to be confident that the slower inflation in late 2022 becomes the trend.” ” According to the Employment Cost Index, labor costs grew 1% last quarter — the smallest advance since the fourth quarter of 2021 and followed a 1.2% in January from 34.5

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Say Goodbye Comfy Pants – 9 in 10 Companies Planning RTO This Year

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ResumeBuilder surveyed 1,000 business leaders to see if their respective companies have implemented a return to office plan, or if they intend to in the new year.

Policies 347
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What Will It Take For The C-Suite To Value HR?

Allwork

The disconnect between the C-suite and HR is driven by a combination of confidence gaps, misaligned perceptions of HR’s strategic value, and a lack of recognition from the C-suite regarding HR’s contributions to key business outcomes. The report suggests that HR teams are not seen as strategic partners within their organizations.

2024 315
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Humor in the Workplace: How to Be Funny at Work Without Crossing the Line

Success

Research has shown that workplace stress costs the U.S. economy up to $187 billion every year between lost productivity and health care and medical costs. A 2017 survey found that 91% of executives believe that a sense of humor is important for career advancement, and 84% feel that people with a good sense of humor do a better job.

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Workplace Stress Is Crushing Young Employees

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In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). This was supported by a LinkedIn survey which found that 72% of Gen-Zers wanted to quit their jobs in December 2022.

Stress 246
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Adaptable Hybrid Work Approach Crucial for Employee Retention

Allwork

When employees work in a manner that suits them, they are more likely to be engaged and motivated, leading to higher productivity, reduced turnover and increased employee loyalty and satisfaction, which lowers recruitment and training costs for new hires. A recent Monster job site survey reveals that 26% of U.S.

Policies 290
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Americans’ Outlook On Retirement Is Bleaker Than Ever

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The report stated that 77% of the surveyed retirees indicated that they do have enough to live comfortably. The survey shows that fewer Americans feel confident about their retirement prospects, and many are expressing concerns about their ability to save enough for retirement.