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The Hidden Workplace Problem: The Financial Stress of Living Paycheck to Paycheck

Recruiting Daily

population was living paycheck to paycheck, as rising inflation increased the everyday cost of living and financial insecurity. Many of them graduated college in a challenging job market created by the 2008 financial crisis, and the pandemic caused the second recession of their adult lifetime in addition to a subsequent housing crisis.

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The Top Hiring Trends in Financial Services to Attract The Best Talent

4 Corner Resources Staffing Blog

These challenges are particularly evident when examining the hiring trends in financial services. Banking, insurance, accounting, and other financial-related organizations contend with intense competition for employees and a need for experienced prospects. AI has also changed the game when it comes to financial roles.

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Five Ways to Utilize Contingent Labor During an Economic Downturn

Acara Solutions

However, this recession is expected to differ from the ones experienced in 2001 and 2008 in that it could be quieter, slower, and longer, making flexibility in talent strategy even more critical. In 2008, many companies were forced to make difficult decisions about their workforce to reduce costs and maintain profitability.

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Small Businesses Attracting Talent with Better Benefits, Study Says

Recruiting Daily Advisor

Larger organizations have already been using the lure of better benefits to attract candidates. A new study shows that small businesses are joining the fray of the talent war by rolling out the best benefits they can muster. Creating a Culture of Well-Being. Benefits Boost Employees’ Financial Security.

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The Must-Read Articles for Talent Professionals This Week

Linkedin Talent Blog

“After all the crises Gen Z has experienced,” writes financial educator and Gen Zer Kyla Scanlon , “there’s almost nothing we want to do in the way it’s always been done.” The prevailing work culture, defined by baby boomers and Gen X, is already outmoded in being able to deliver the freedom Gen Z seeks.”

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Top-Rated Workplaces: Best in Tech

Indeed

When it comes to working in tech, over-the-top benefits often come to mind. Number-four Intuit, a business and financial software company up four places from its spot last year, has a 10% unstructured time policy. Now that I work remotely I still enjoy Adobe’s fabulous benefits and competitive pay.”. Founded: 2008.

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Three Learnings from 2020 for 2021 and Beyond

The Staffing Stream

In fact, the learnings from last year will continue to inform business, operations and culture at most companies in 2021. That means many of our team members did not experience 9/11 or the financial crisis of 2008, the two events that come closest to the devastating impact that COVID-19 had on the economy and our way of life.