SHIFT Newsletter – July 2022

Trending Topics in the World of Work_ Find the SHIFT Newsletter HERE. Our July issue of SHIFT predicts the end of abundance thinking; explores the benefits of investment in creative potential; defines the effective habits of successful leaders, and identifies eleven trends that will shape work in 2022 and beyond. The End of Abundance Thinking Among 2022 trends...

BLS Employment Situation Report: June 2022

June’s employment report from The U.S. Bureau of Labor Statistics (BLS) provided some insight into the direction of the economy into the second half of 2022. The BLS reported a gain of 372,000 non-farm jobs, solidly above analysts’ expectations. Unemployment remained unchanged for the fourth month in a row, at 3.6 percent. Unemployment among the college-educated...

SHIFT Newsletter – June 2022

Trending Topics in the World of Work_ Download the SHIFT Newsletter HERE. Our June issue of SHIFT explores why executives are eager to get employees back in the office, how learning is leading the way through the great reshuffle, what the debate is over Bitcoin’s energy use, and a new way to think about effective management. Making Sense of...

BLS Employment Situation Report: May 2022

BLS Employment Situation Report: May 2022 Find the original article here. The U.S. Bureau of Labor Statistics (BLS) reported the economy added 390,000 jobs in May — roughly in-line with analysts’ expectations. Unemployment remained unchanged for the third consecutive month at 3.6 percent. Among the college-educated civilian workforce, the primary target of the MRINetwork’s recruitment efforts,...

SHIFT Newsletter – May 2022

Download the SHIFT Newsletter HERE. Trending Topics in the World of Work_ Our May issue of SHIFT explores priorities and challenges of the recruitment industry, search trends impacting today’s recruiting firms, 2022 business leaders outlook, and shifting consumer expectations. Recruitment Industry Trends Report Bullhorn’s 2022 Global Recruitment Insights & Data (GRID) Trends Report takes a comprehensive look at the...

BLS Employment Situation Report: April 2022

View the original article here. Despite rising interest rates, fears of an economic slowdown, and geopolitical turmoil, the U.S. Bureau of Labor Statistics (BLS) reported the economy added 428,000 jobs in April. Unemployment remained unchanged at 3.6 percent. Among the college-educated civilian workforce, the primary target of the MRINetwork’s recruitment efforts, the unemployment rate remained at...

5 Ways Leaders Can Attract & Retain Great People

5 Ways Leaders Can Attract & Retain Great People People are the new priority, in this day and age, as companies wrestle with an increasingly tight labor market and unprecedented workforce exodus. As the labor demand continues on, many companies are turning long-held beliefs upside down — and for good reason. As the workforce evolves,...

SHIFT Newsletter – April 2022

Trending Topics in the World of Work_ Our April issue of SHIFT explores demystifying the metaverse, top hiring trends, taking diversity and inclusion seriously, and the future of work. View the original article here. What Business Leaders Need to Know about the Metaverse A comprehensive overview, based on research by PwC, focuses on demystifying the metaverse, which has the...

BLS Employment Situation Report: March 2022

Meeting analysts’ expectations, the U.S. Bureau of Labor Statistics (BLS) reported the economy added 431,000 jobs in March. Unemployment continued to decline, now reported at 3.6 percent. Among the college-educated civilian workforce the unemployment rate was 2.0 percent indicating a continued tight labor market. The labor-force participation rate among the college-educated cohort rose to 72.8...

SHIFT NEWSLETTER- MARCH 2022

TRENDING TOPICS IN THE WORLD OF WORK_ Our March issue of SHIFT explores investing in your workforce, the power of transportable skills, the importance of employee retention, and the reinvention of company culture. Download the Shift Newsletter- MARCH 2022 Investing in Workforce a Top Priority for 2022 The latest PwC Pulse Survey, fielded January 10 to January...

TRENDING TOPICS IN THE WORLD OF WORK_

Our March issue of SHIFT explores investing in your workforce, the power of transportable skills, the importance of employee retention, and the reinvention of company culture.

Investing in Workforce a Top Priority for 2022

The latest PwC Pulse Survey, fielded January 10 to January 14, 2022, surveyed 94 human resource leaders from Fortune 1000 and private companies, along with other C-suite executives, about business priorities, investment plans and other concerns. The report based on the survey indicates that HR leaders know that it’s people who move business forward, and 61% of HR respondents say hiring and retaining talent will be a key investment for their companies in 2022.

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The Power of Transportable Skills

All workers will need to adapt and learn new skills over their careers, but some skills stand the test of time. Because workers can use these skills to navigate transitions across virtually any industry, these “transportable skills” have lifelong value. In a recent report, “The Power of Transportable Skills: Assessing the Demand and Value of the Skills of the Future,” Project Lead The Way (PLTW) and Burning Glass Technologies examined workforce demand for five such skills: collaboration, problem-solving, critical and creative thinking, communication, and ethical reasoning and mindset.

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The Importance of Employee Retention

An article from the Wharton School at the University of Pennsylvania emphasizes the importance of employee retention and how you can improve it at your company by investing in your team to combat attrition. Citing a study from the Society for Human Resource Management (SHRM), the article points out that employee turnover is expensive, costing an average of 6 to 9 months’ salary to replace a worker. Employee engagement is one of the top turnover causes, and businesses that focus on improving employee engagement, not just revenue, can see benefits throughout their company and operations.

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The Reinvention of Company Culture

Company culture is having a watershed moment. It is being reshaped in a crucible by the pandemic, the acceleration of automation, the rise of millennials and Gen Z in the workforce and the Great Reshuffle. The human-centered company culture being forged has some recurring characteristics: flexibility, asynchrony, trust, belonging, and a holistic focus on well-being.

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