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By the Numbers: January 17, 2020

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BountyJobs Bites. November Job Openings = Big Decline. The Numbers: Job openings in the U.S. fell by 561K in November. This was the biggest drop since August 2015. Source: U.S. Bureau of Labor Statistics. Economy Expands Yet Labor Markets Tight. The Numbers: In the last six weeks of 2019, the U.S.

By the Numbers: January 10, 2020

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BountyJobs Bites. Retailers Had Highest Number of Job Cuts in 2019. The Numbers: Retail had the highest number of job cuts at 77,475 in 2019 (21% lower than 2018), 48,753 of them were due to bankruptcies.

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By the Numbers: January 3, 2020

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BountyJobs Bites. New State Minimum Wages Launch with the New Year. The Numbers: 21 states will implement new minimum wages, with 4 more and D.C. coming later in the year. will be the highest minimum wage in 2020, and will be in Washington, D.C. starting July 1, 2020. Source: Paycor. Most U.S.

By the Numbers: December 27, 2019

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Happy New Year! 2019 in talent acquisition was one for the record books! The trends we saw in 2018 continued this year but seemed to accelerate at a faster clip. The talent gap continued to widen, impacting every industry regardless of focus. The unemployment rate hovered around an average of 3.5%

Cracking the Career Development Code

Speaker: Julie Winkle Giulioni, Author, Help Them Grow or Watch Them Go: Career Conversations Employees Want

It’s 2020 and it’s time to crack the code on career development. Julie Winkle Giulioni, leadership and career consultant, will share her findings from decades of field research. She’ll deconstruct effective career development, offering a practical framework that makes it more doable and durable, by identifying and assessing the skills gaps in your workforce.

By the Numbers: December 20, 2019

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BountyJobs Bites. Recruiters Reaching Out via Social Media? Gen Z Gives It a Thumbs Down. The Numbers: While a social media presence is important for their professional brand, members of Gen Z would rather not hear from recruiters via that channel.

By the Numbers: December 6, 2019

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BountyJobs Bites. Raises and Promotions Expected in 2020. The Numbers: In Q3 of 2019, worker confidence was at a record high. The anticipation of expected promotions saw the largest increase quarter-over-quarter rising from 110.1 in Q2 to 133.9 in Q3 2019. Source: HRO Today Magazine and You.

ADP 65

By the Numbers: November 29, 2019

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Top 10 Reasons Why Recruiting Through the Holidays WINS. Think the holiday season is when you should put on the hiring breaks? Think again! Planned strategically, this time of year can take your talent acquisition goals leaps and bounds past your original plan of attack.

By the Numbers: November 22, 2019

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BountyJobs Bites. Economic Growth Forecasts Grow Weaker. The Numbers: Over the next year, the outlook for U.S. economic growth looks weaker now than it did three months ago. Real GDP is now expected to grow 1.7% this quarter, down from 2% originally forecasted.

By the Numbers: November 15, 2019

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BountyJobs Bites. Employers Should Negotiate More Than Salary. The Numbers: Two in five workers may reject a job offer if the employer negotiates only the salary portion of an offer. 21% of workers said their ‘organizations are open to negotiating some aspect of job offers with candiates’.

2020 Report: The Future of HR

Paycor asked more than 500 leaders of medium and small businesses to talk about the present and future of HR. Download the guide and see what they said. Their responses will surprise you!

By the Numbers: April 5, 2019

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BountyJobs Bites. Hiring Slows for U.S. Businesses. The Numbers: Uncertain economic prospects caused U.S. businesses to slow down hiring in March. As well, private payrolls have increased the least in over a year. 129,000 jobs were added in the U.S. in March.

ADP 92

By the Numbers: November 8, 2019

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BountyJobs Bites. Almost Half of U.S. Workers Looking for New Opp in 2020. The Numbers: 48% of employed adults in the U.S. are likely to look for a new job in the next year. 44% are concerned they will never find their ideal job.

By the Numbers: November 1, 2019

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BountyJobs Bites. Wage Growth Slows. The Numbers: U.S. workers’ wages grew 3.2% over the last year. 47.5% of economists predict 2020 will see the start of the next recession. 27% forecast a recession starting in 2021. and 10% say it was start in 2022 and 2023, respectively.

ADP 65

By the Numbers: September 20, 2019

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BountyJobs Bites. Skills Gap Continues to Widen. The Numbers: The skills gap increased by 12% last year. About two-thirds of HR leaders reported a skills gap in their organizations, which is up from 52% in 2018. 40% of respondents state the cause is due to changes in technology and needed skills.

HR Benchmark Report: How to Recruit, Coach & Develop Teams

Do you really want a team of all-stars? Instead of trying to hire all type-A high performers, research shows it’s much more effective to hire a mix of personalities. In this report, Paycor will explain why and how to go about assembling, coaching and developing effective teams at work.

By the Numbers: October 25, 2019

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BountyJobs Bites. Seasonal Holiday Workers Prioritize Flexibility. The Numbers: Flexible schedules and working as many hours as possible are tops with those looking for hourly, seasonal holiday work. 55% of respondents want to work at least 26 hours a week. 63% expected to work 25 hours or less.

ADP 65

By the Numbers: October 18, 2019

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BountyJobs Bites. Majority of Talent Plans to Move On Within Five Years. The Numbers: 75.5% of employees plan to work for their current employer for five years or less. 51.7% of job seekers have left their jobs voluntarily within the past five years.

By the Numbers: October 11, 2019

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BountyJobs Bites. Skilled Workers Behind Freelancer Growth. The Numbers: In 2014, 17% of workers worked as independent contractors full time, this percentage has now jumped to 28%.

By the Numbers: October 4, 2019

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BountyJobs Bites. Majority of Employees Plan to Stay Where They Are. The Numbers: 53% of employees surveyed in Q2 were planning on staying in their current jobs that quarter. This is a 10% increase from Q1. Economic uncertainty is thought to be a cause. Source: Gartner.

3 Reasons to Invest in a Learning Culture: RECRUIT, RETAIN, ENGAGE

One of the least explored and most effective ways to drive recruiting, retention, and overall employee engagement is to establish a learning culture. If this is an area where you need help (or if you could just use a refresher) let Paycor walk you through actionable tips and insights on how you can develop the learning culture that works best for your business.

By the Numbers: September 27, 2019

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BountyJobs Bites. Flexible Work Options Required for Many. The Numbers: In addition to female employees, male employees are looking for flexible schedules as well.

By the Numbers: September 13, 2019

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BountyJobs Bites. Gains 130K Jobs in August. The Numbers: The U.S. gained 130K nonfarm jobs in August. The job growth in August was the lowest since May. Unemployment held steady at 3.7%. Source: U.S. Department of Labor’s Bureau of Labor Statistics.

By the Numbers: September 6, 2019

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BountyJobs Bites. Professionals Know Their Worth and They’re Not Getting It. The Numbers: 82% of workers know their worth in the labor market. Less than 50% feel they are being paid the appropriate amount. 73% report that they have researched and compared their salary against online market rates.

ADP 65

By the Numbers: September 28, 2018

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BountyJobs Bites. Negative Company Ratings Have Big Impact on Applicant Volume. The Numbers: A survey from Monster found that 38% of respondents would only apply to companies that had at least a 3-star rating out of a 5-star rating system.

A Comprehensive Toolkit to Recruiting & Hiring Excellence

Access the recruiting and hiring resources you need to make your next hire the right hire.

By the Numbers: July 5, 2019

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BountyJobs Bites. Adds 102,000 Nonfarm Jobs in June, Slow, Further Slowdown Expected. The Numbers: 102,000 nonfarm jobs were added in the U.S. in June, signaling further slowdown. June’s outcome is up from the 41,000 added in May but down from the 255,000 added in April and 158,000 added in March.

By the Numbers: August 30, 2019

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BountyJobs Bites. Consumers Feel Jobs are Plentiful…But Not for Long. The Numbers: The percentage of consumers stating that jobs are ‘plentiful’ increase to 51.2% in August, up from 45.6% in July. Those that felt that jobs were ‘hard to get’ decreased to 11.8% this month, down from 12.5% in July.

By the Numbers: August 2, 2019

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BountyJobs Bites. Baby Boomers Sticking Around in Workforce. The Numbers: 29% of older baby boomers (ages 65-72) were still working or looking for work in 2018, compared with 21% of the silent generation and 19% of the greatest generation within the same age range. Source: Pew Research Center.

ADP 65

By the Numbers: July 26, 2019

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BountyJobs Bites. Non-tech Companies Hiring More Tech Talent. The Numbers: Demand for tech jobs in non-tech companies and industries is increasing. As well, high-tech companies are hiring a rising number of workers in marketing, sales, and other areas.

New Overtime Rules Take Effect 1/1/2020. Are You Prepared?

On September 24, the Department of Labor (DOL) released much-anticipated changes to overtime provisions of the Fair Labor Standards Act (FLSA). Any business that employs workers with salaries under $35,568 will be directly affected by the new regulations and face a decision: provide affected employees with a salary increase or pay them overtime. Download Paycor's latest guide to learn key details about the new rule and how it could impact your business.

By the Numbers: July 19, 2019

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BountyJobs Bites. 75% of Hiring Managers are Too Indecisive. The Numbers: Three-quarters of hiring managers are indecisive, causing low-quality hires and longer time-to-fill rates.

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By the Numbers: July 12, 2019

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Hires Decreased in May. The Numbers: The number of hires decreased by 266,000 in May. Most of this decrease, 262,000, was within private industry. Jobs growth was essentially flat, only decreasing by 49,000 from April. Source: U.S. Bureau of Labor Statistics. Top Execs Moderately Pessimistic in Q2.

By the Numbers: June 28, 2019

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BountyJobs Bites. Location Desired Over Pay for Hourly Workers. The Numbers: Hourly workers reject job offers moreso due to long commute times rather than pay. 38% of hourly jobs were turned down due to location. 10% of job offers were turned down due to money.

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By the Numbers: June 21, 2019

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Wage Growth & the Job-Hopping Trend. Job-hopping, typically defined as switching jobs every two years or less, has become a popular trend within the current employment climate. In April, 3.5 million Americans quit their jobs. [1]

How To Overcome Recruitment Challenges & Supercharge Your Recruitment RO

Gain access to this ebook to learn how you can overcome steep recruitment challenges and increase your organization's recruitment ROI.