BountyJobs

FEBRUARY 10, 2022

In 2021, labor shortages were the biggest obstacle hitting hospital CEOs. This marks the first time since 2004 that financial challenges fell from being the #1 challenge. More than half, 63%, of employees have reported a lack of pay transparency from employers, according to a recent survey. On top of that, workers aren’t comfortable asking any questions about it.

Staffing 86

Staffing Retail Healthcare Financial 86

BountyJobs

FEBRUARY 3, 2022

Job applications need to cater to attention spans of a gnat. If it takes a candidate more than 15 minutes to get through your form…you’ve lost them. Around 70% of applicants drop off at the 15-minute mark, per a recent survey. More than 50% of respondents say they expect a response from companies they apply to in 7 days or less. If these candidates receive feedback during the interview process, 60% would apply for jobs there even if they were passed over.

Agriculture 101

Agriculture ADP Construction Healthcare 101

BountyJobs

JANUARY 27, 2022

Some nurses in Minnesota are demanding triple pay for their hours while travel nurses are being utilized. Members of the Minnesota Nurse Association (672 to be exact) filed a petition with hospital management at six Mayo Clinic facilities. Wage fairness and retention bonuses were also listed. A $4,000 bonus was also requested to be paid every three months that nurses remain on the job.

Travel 92

Travel Comparison Linkedin Advertising 92

BountyJobs

JANUARY 20, 2022

Companies are going to have to do better with salary increases if they want to retain their talent in the U.S. labor market. Average salary budgets of 4% (or a median of 5%) were seen in 2021. However, a 5% average or 6% median increase is the rate at which respondents to a recent survey say they would stick around. In 2022, companies expect an average of 3.3% and median 3% for planned budget increases.

Talent Acquisition 65

Talent Acquisition Retail Trends Insurance 65

BountyJobs

JANUARY 14, 2022

Jobs with a salary of $100K+ have shifted to being remote more now than before the pandemic. Pre-COVID, about 4% of all jobs were remote. By the end of 2020, that rose to 9%, and by the end of 2021 it increased to 18%. By the end of 2022, it’s predicted that 25% or more of these high-paying jobs will be remote. Technology roles lead the list of remote high-paying jobs with roles such as senior software engineer, software engineer, DevOps engineer and data engineer – product management and produc

Healthcare 94

Healthcare Hotels Engineering Conference 94

BountyJobs

JANUARY 6, 2022

Cash bonuses are queen as employers grapple to hold onto talent. Per a recent report, 68% of HR leaders surveyed said they “increased the number of employees eligible to get a cash bonus”. Over 50% surveyed expected to “grant average merit increases of more than 5%”. On the flipside, more than half of those surveyed would forgo a 10-20% salary increase for better flexibility for both where and when they work.

Transportation 92

Transportation Retail ADP Compensation 92

BountyJobs

DECEMBER 30, 2021

Wrapping up our webinar series in 2021, we had three talent acquisition leaders form our latest peer forum. It was a lively, no holds barred discussion focused on having gone through the ringer this past 20 months but also a look toward talent acquisition in 2022. What were the biggest challenges that kept them up at night? What was their biggest lesson learned during all of this?

Pharmaceuticals 96

Pharmaceuticals Jazz Strategy Talent Acquisition 96

BountyJobs

DECEMBER 24, 2021

The GDP forecast for Q1 and Q2 of 2022 has risen…but the same can’t be said for the back half of 2021. For Q3 and Q4 of this year, the GDP is looking to have increased at an annualized rate of 3.8%, where previously much faster growth was expected of 6.7%. When looking at 2022, the first half is shaping up to see growth quicker than originally forecasted at an annualized rate of 3.9% rather than the earlier forecast of 3.5%.

Hiring 65

Hiring ATS Talent Acquisition Trends 65

BountyJobs

DECEMBER 16, 2021

Taco Bell joins the ranks of restaurants working to increase their minimum wage. The company plans to implement the hike to $15 an hour by mid-2024. In addition, employees will receive benefits such as complimentary therapy for corporate employees at restaurants and its headquarters. High turnover and a shortage of labor have plagued the foodservice industry, partially driving wage increases.

Real Estate 98

Real Estate Hiring Hotels Education 98

BountyJobs

DECEMBER 9, 2021

Small businesses have implemented the biggest percentage increase in hourly wages (since 2011, when the data was tracked). Businesses with less than 50 workers have had a $1.17 increase since November 2020 bringing the average hourly rate to $29.88. This marks a record 4.1% annual increase. CEO Confidence has fallen in the midst of continued supply chain issues and labor shortages.

Small Business 97

Small Business Transportation Survey Data 97

BountyJobs

NOVEMBER 18, 2021

Over 4 million U.S. workers called it quits in September, marking a new high. Many industries saw an increase in quits, but the one that saw the most was “arts, entertainment, and recreation” – quits increased by 56,000 from the prior month. However, in October the U.S. workforce saw more than 2.5% of retired workers make a return to work. This is the highest rate seen since the start of the pandemic and is thought to be partly due to both the increase in vaccination rates and wages.

Engineering 98

Engineering Industry ATS Talent Acquisition 98

BountyJobs

NOVEMBER 11, 2021

Macy’s gives workers a pay bump by raising their minimum wage to $15 an hour plus offering a debt-free education benefit. The increase is a tactic to attract workers in this hot employment climate. Corporate and hourly workers will also get to enjoy an extra flexible paid holiday so they can choose a holiday that means the most to them and ensure they have it off.

Education 77

Education Survey Data Benefits 77

BountyJobs

NOVEMBER 4, 2021

A sharp increase from the 195,000 U.S. jobs in September, 450,000 jobs are expected to have been added in October according to Dow Jones estimates. As well, hourly wages are seeing an increase of 4.9% year-over-year. Those watching the market are taking a close look at inflation, and wage growth has a big impact on that direction. The newly released ADP National Employment Report comes in at 571,000 added nonfarm, private-sector jobs in October.

Report 79

Report ADP Hotels Transportation 79

BountyJobs

OCTOBER 28, 2021

Over half (55%) of key decision-makers in hiring in the U.S. state that senior-level positions are the most challenging to fill. Every skill level is hard to recruit right now, but it seems that unskilled workers are a tad easier to recruit. Almost 70% of these decision-makers believe entry-roles will be easy to recruit for. Speaking of executives, it looks like most want to return to the office.

Retail 86

Retail Healthcare Report Survey 86

BountyJobs

OCTOBER 22, 2021

Pretty soon we’re going to start seeing people donning sandwich boards at every corner advertising their open roles – from entry level to senior executives. Just picture it – “will pay to train…any (breathing) human…”. Employment only inched up a bit in September and early October as high demand continued for workers but the actual supply of labor was low.

Transportation 97

Transportation Retail Survey Advertising 97

BountyJobs

OCTOBER 7, 2021

We made it to Friday everyone! Before we jump in with this week’s news, I’m hoping you had this moment this week: No? Well that’s my homework for you – do something this next week to elevate your meetings! Life is short, meetings can be too. Onward… Almost half of U.S. workers feel underpaid. A recent survey shows that 49% of workers in the U.S. feel shortchanged with their pay rate.

Healthcare 84

Healthcare Survey Financial Mobile 84

BountyJobs

SEPTEMBER 30, 2021

Target to Hire 100K Seasonal Workers. Down a bit from the hiring goal of 130K for the 2020 and 2019 holiday season, Target expects to hire 100K for 2021. Flexibility will be a big lure here, as the retail giant is not only offering more hours to team members, but also the option to take shifts that best fit their schedules. Target’s minimum wage is currently $15.

Airlines 82

Airlines Retail Survey Hiring 82

BountyJobs

SEPTEMBER 23, 2021

FedEx Planning Hiring Swell for Holidays. FedEx Corp. is looking to hire 90,000 roles for the holiday season in addition to 500 professionals for STEM roles. They join UPS (hiring 100,000 roles) in the staffing ramp-up. Amazon has reported that they have had 1 million people applying for their jobs during its career day – they are hiring for 125,000 roles.

Small Business 106

Small Business Staffing Report Survey 106

BountyJobs

SEPTEMBER 9, 2021

Walmart Increases Hourly Pay for Half a Million Workers. The holiday season is almost upon us, and with it comes the annual ‘battle for holiday labor’ for the usual retail big guns. Walmart announced the organization is increasing hourly wages by at least $1 for 565,000 associates. The increase will be effective September 25 and will raise the hourly rate to $16.40.

Hiring 90

Hiring Healthcare Retail Engineering 90

BountyJobs

AUGUST 26, 2021

Have Bonus, Will Travel. This trucking company is guaranteeing every newly hired driver a $15,000 sign-on bonus that will be paid out within 18 months (with over half in the first 6 months). In addition, drivers who sign on by October 1 can earn up to $20,000 in incentives. This Degree Was Made for Earning…. New college graduates (class of 2020) had an average starting salary of $55,260.

Hiring 116

Hiring Travel Report Talent Acquisition 116

BountyJobs

AUGUST 19, 2021

The Waiting Game. Roles in the Project Management, Research, and Engineering fields are top of the list for slowest-to-hire , with a median time to hire of 47-49 days. The quickest to fill? Roles in customer service, accounting, auditing, and administration with a median time to hire of 33-37 days. Staffing Firms Forecast Double Digit Annual Revenue Growth.

Engineering 65

Engineering Hiring Staffing Retail 65

BountyJobs

AUGUST 12, 2021

The headlines are everywhere, reporting a surge in COVID-19 cases nationwide. With that comes a high demand for healthcare workers. It’s not only the active cases of the pandemic causing the strain on healthcare talent. Exhaustion and burnout are playing a role too. Searches for nurse practitioners are up 24% year-over-year per a recent report.

Travel 122

Travel Healthcare Report Reference 122

BountyJobs

AUGUST 6, 2021

A more than encouraging jobs report came out today – jobs growth crushed all expectations with an addition of 943,000 jobs! That’s the most new payrolls in almost a year. The unemployment rate also continues to go in the right direction, falling from 5.9% to 5.4%. Such a great report – we’ll keep an eye on performance as the Delta variant expands. Pay increases continue as way for U.S. employers to attract talent and KEEP talent – looking forward at 2022, an average increase of 3% for executives

Report 122

Report Pharmaceuticals Training Tools 122

BountyJobs

JULY 29, 2021

Project managers, it’s your time to shine! Per a recent report (thanks Business Talent Group ), project management is the most in-demand skill for 2021. Following behind in the second slot is market landscape and research. When seeking these top skills in candidates, companies are looking to ‘drive critical workstreams and transformations to explore new business and product pipelines’.

Retention 123

Retention Survey Strategy Groups 123

BountyJobs

JULY 22, 2021

Things are looking up, everyone. A recent survey found that over half of senior managers in the U.S. plan on adding new (permanent) positions in the back half of 2021. An additional 48% are still planning on filling empty roles or bringing back furloughed employees – HAPPY DANCE! The three areas looking at the most hires? 1.) Admin support – 58%. 2.

Survey 123

Survey Retention Study Course 123

BountyJobs

JUNE 17, 2021

The ACTUAL Status of Hiring Today. Hey everyone – how’s hiring going for ya? Some might think that with an unemployment rate of 6%, compared to the pre-pandemic unemployment rate of 3.5% (February 2020), hiring would be easy like Sunday morning. Much easier to hire now than back then, right? Wrong. Open Roles Are Movin’ On Up. Many of the hiring challenges plaguing those in talent acquisition still apply in 2021, only with additional obstacles to clear.

Report 65

Report Trends Talent Acquisition Staffing 65

BountyJobs

OCTOBER 15, 2020

Heartbeats of the Economy Through the Lens of Talent Acquisition. The Employment Situation — September 2020. The Numbers: Total non-farm employment rose by 661,000 in September. Temporary help services rose by 8,100. The national unemployment rate declined, from 8.4% to 7.9%. 13 of the 15 major industry groups gained jobs last month. Leisure & Hospitality added 318,000 jobs.

SMB 65

SMB B2B Staffing Sourcing 65

BountyJobs

SEPTEMBER 17, 2020

Heartbeats of the Economy Through the Lens of Talent Acquisition. 1.4 Million Jobs Gained in August; Unemployment Rate Falls to 8 Percent. The Numbers: Unemployment rate fell to 8.4 percent last month from 10.2 percent in July. 1.7 million jobs were added in July, and 4.8 million in June. Private-sector payroll growth was just 1 million jobs in August.

Hotels 65

Hotels Retail Talent Acquisition Staffing 65

BountyJobs

AUGUST 11, 2020

Heartbeats of the Economy Through the Lens of Talent Acquisition. As Observed by BountyJobs. The Numbers: Hiring activity on many of our ATS partners’ platforms was reported at 90+% of pre-COVID-19 levels in July. 20% more agencies are engaging to fill open jobs. Winning candidate to recruiter’s inbox lead-time shrunk from 7 down to 6 days. The 30-day job fill rate for third-party recruiter sourced jobs is currently double than average.

Pharmaceuticals 65

Pharmaceuticals Dice Small Business Healthcare 65

BountyJobs

JULY 24, 2020

We Can Help. Lean on Us to Find the Right Talent, Fast. For companies on the frontline fighting the COVID-19 outbreak, filling critical open roles is more important now than ever before. BountyJobs is committed to helping you get the people you need, fast. If your company is not part of essential services but you are hiring, we want to help. BountyJobs can help your business find the skills it needs as quickly and efficiently as possible in these uncertain times.

Hiring 65

Hiring Talent Acquisition Tools Industry 65

BountyJobs

JULY 2, 2020

BountyJobs Bites. June Unemployment at a Shaky 11.1 Percent. The Numbers: 8 million jobs were added to the U.S. economy in June. The unemployment rate decreased to 11.1% in June from 13.3% in May. However, the misclassification error still continues – the unemployment rate would be 12.3% in June without the error. Unemployment claims for the week ended June 27 totaled 1.4 million, more than analyst expectations.

ADP 65

ADP Bullhorn Construction Sourcing 65

BountyJobs

JUNE 25, 2020

BountyJobs Bites. CEO Economic Confidence Decreases. The Numbers: CEOs of small to midsize businesses have less confidence in the economy than 2008 recession levels. 80% reported ‘some level of revenue decline’. 41% said they plan to maintain staffing levels. Source: Vistage. Financial Services Professionals Experiencing Job Security. The Numbers: In spite of a negative economic outlook, financial services professionals are confident in their job security. 57% have confidence in keeping their jo

Talent Acquisition 98

Talent Acquisition Healthcare Retail Construction 98

BountyJobs

JUNE 18, 2020

BountyJobs Bites: AI Job Post Growth Slows. The Numbers: AI job posts in the U.S. slowed their growth by 10%. AI and ML (machine learning) job posts grew 14% between January 6 and March 15 year over year. Following March 15 growth decreased to just 4.6% year over year. Source: LinkedIn. Demand for Pharma Jobs Increases. The Numbers: Demand is up for customer service, engineering, finance, pharmaceutical research and development (R&D), sales and software development roles.

Pharmaceuticals 65

Pharmaceuticals ADP Talent Acquisition Sourcing 65

BountyJobs

JUNE 4, 2020

BountyJobs Bites. Confusion Abounds Around Skills Needed in this Market. The Numbers: 57% of those that are recently unemployed are ‘unable to identify their transferable skills’. 58% are ‘unsure how to communicate transferable skills on their resume’. Source: LiveCareer. Many Workers Concerned Their Skills are Obsolete. The Numbers: More than 25% of workers say they worry they do not have the skills needed in this recovering economy.

SMB 65

SMB ADP Talent Acquisition Small Business 65

BountyJobs

MAY 28, 2020

BountyJobs Bites. Remote Work May Stick Around Post-COVID. The Numbers: The percentage of employees working remotely will likely drop from the current 53% to 22% after the pandemic. This is still more than three times higher than last year’s 7%. Source: Willis Towers Watson. Attrition Not Likely During Pandemic Depending on Employer Response. The Numbers: 78% of employed U.S. adults (18+) stated they would not consider a job change during the pandemic. 69% didn’t feel they would be able to find

Real Estate 65

Real Estate Retail Talent Acquisition Sourcing 65

BountyJobs

MAY 21, 2020

BountyJobs Bites. Gig Economy Going Strong. The Numbers: Freelance jobs have seen a 21% year-over-year increase in job postings. Skills in online content saw a surge, but now there is also a growing demand for programming skills, coding, web development, social media development/online marketing, etc. Source: Freelancer.com. U.S. Workers Have Lost Trillions Due to Job Losses and Pay Cuts.

Talent Acquisition 65

Talent Acquisition Banking Social Media Retail 65

BountyJobs

MAY 14, 2020

BountyJobs Bites. Hourly Workers Deal with Unemployment Obstacles. The Numbers: 45% of hourly and gig workers have already filed or plan to file for unemployment. 47% are concerned about accessing unemployment benefits. Hourly and gig workers are also worried more about finding work than the general population. Source: Bluecrew. Gen Z Workers Hit Hardest by COVID-19 Layoffs.

Tourism 65

Tourism iCIMS Insurance Insurance 65