In 2022, employees had a banner year with high wages, plenty of job-hopping opportunities, and a voice in the workplace. Hybrid work became the new norm, skills-based hiring gained traction, and pay transparency grew in popularity and became a legal requirement in several states. How did employees around the world experience life and work in…
During the COVID-19 pandemic, working parents faced unique challenges due to school closures, childcare disruptions, and increased caregiving responsibilities. With 52 percent of their employees with children struggling, many organizations implemented measures to respond to the extraordinary circumstances and ensure business continuity. These included stipends for babysitting and tutoring, extra time off, and flexible working…
In 2023, more than 160,000 workers at U.S. tech companies have been laid off. Business owners have implemented hiring freezes due to the economic downturn resulting in fewer unfilled tech positions. Yet, there is still a talent shortage. The number of jobs is outpacing companies’ ability to find, hire, and retain qualified tech workers in…
The pandemic profoundly impacted how people think about work and family. The lockdowns, social distancing measures, and remote work arrangements implemented in response to the pandemic required many people to spend more time at home with their families. For some workers, this increased time at home allowed them to form stronger connections with their loved…
Artificial intelligence (AI) brings numerous benefits to recruitment teams—data-informed decision-making, efficiency, improved candidate matching, and personalization—enhancing their processes and improving outcomes. In fact, 65 percent of recruiters use AI, and 67 percent feel it has improved the hiring process. Eliminating bias in the hiring process The Pew Research Center explored how Americans felt about using…
Economists put the odds of a recession at 64 percent due to steady interest-rate hikes and recent bank failures. Layoffs climbed 396 percent over the same quarter a year earlier in the first quarter of 2023. The tech industry laid off the most workers, but e-commerce, media, and Wall Street were also impacted. Some businesses…
In the 1950s, 98 percent of men of prime working age—between 25 and 54—had a job or were looking for one. Ever since that number has steadily declined, and today 7.2 million men have dropped out of America’s workforce, leaving a significant void. Economists have not been able to pinpoint one single reason why men…
The average U.S. adult works 38.7 hours a week or 2,012.4 hours per year—which accounts for 23 percent of your life. Spending that much time working with a bad manager can affect your mental health. A report by the Workforce Institute at UKG shares how much influence managers have on their employee’s mental health, and…
With 12 percent of employees working fully remotely and 28 percent with hybrid work arrangements, maintaining a strong company culture where workers feel connected and engaged can be challenging. In fact, more than 66 percent of CEOs and 62 percent of CHROs believe it’s the most significant talent management challenge associated with remote work. In…
COVID-19 disrupted American workers’ lives, with 95% of the U.S. population under stay-at-home orders at its peak. The ensuing mass layoffs and resignations were heavily concentrated in female-dominated fields. This happened just as child-care demands increased because of school and day care closures. Referred to as a she-cession, this was a time when millions of women left the…
