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The Effect of Inflation on Attracting and Retaining Talent

Broadleaf

When the national labor shortage is combined with the declining value of the dollar resulting from inflation, it becomes clear why expectations around employee compensation are changing. percent from November 2020 to November 2021. To put things in perspective, compensation is now lower than it was in December of 2019.

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Proposed Department of Labor Rule Could Impact Independent Contractors and Employers That Utilize Them

Acara Solutions

In 2021, freelancers made up 36 percent of the U.S. Arts and design, entertainment, construction, architecture/engineering, computers/mathematics, and transportation were among the top occupations for workers who identified as freelancers. Rescind the 2021 Independent Contractor Rule. workforce, contributing $1.3

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Overcoming the Auto Industry Branding Problem

Hireology

A great EVP includes: Compensation: What salary range will you commit to offering? Benefits: In addition to compensation, document the benefits you offer. This includes health insurance packages as well as perks like gym memberships or transportation options. The 2021 State of Hiring. Here’s what we found out. .

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What Do Job Candidates Want?

Recruiting Daily

1 priority for job candidates – Candidates ranked work-life balance as more important than compensation, work culture and benefits. For example, candidates in the retail and transportation & logistics industries were especially confident, as were Asian and Black candidates. It’s sad to say that, but it’s true.

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Evaluating the U.S. Labor Market for Data Scientists

Acara Solutions

Companies from healthcare to transportation are looking to these candidates to generate impact within their organizations. There’s a reason why Glassdoor ranked data science as the #2 job in America for 2021. Average compensation and work location. While the war on talent has shown little sign of slowing down in the U.S.,

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Boost Employee Retention Rates with 5 Actionable Tips

ApplicantStack

It also means your employees are free to discuss compensation without fear of retribution. It means management is willing to discuss compensation matters outside of scheduled performance reviews. To be sure, 2021 was a unique time in the world’s history, but for many workers, a flexible work schedule became non-negotiable.

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IRS, SSA Adjust Benefits Thresholds for 2021

Recruiting Daily Advisor

Employees will be able to contribute up to $2,750 to a health flexible spending account (FSA) in 2021, the same as in 2020, the Internal Revenue Service (IRS) announced in Revenue Procedure 2020-45. The year 2021 will see higher thresholds for adoption-related tax credits and exclusions. 214,520 in 2020. Social Security Adjustments.

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