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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. MORE
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%. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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’. MORE
BountyJobs Bites. Flexible Work Options Required for Many. The Numbers: In addition to female employees, male employees are looking for flexible schedules as well. MORE
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. MORE
BountyJobs Bites. Younger Workforce Assume Quick Raises. The Numbers: About 50% of workers 54 and under expect a raise or a promotion each year. Only 12% of baby boomers have these expectations. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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% MORE
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] MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
BountyJobs
JANUARY 17, 2020
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.
BountyJobs
JANUARY 9, 2020
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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BountyJobs
JANUARY 2, 2020
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.
BountyJobs
DECEMBER 26, 2019
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%
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.
BountyJobs
DECEMBER 19, 2019
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.
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BountyJobs
DECEMBER 5, 2019
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.
BountyJobs
DECEMBER 2, 2019
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.
BountyJobs
NOVEMBER 21, 2019
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.
BountyJobs
NOVEMBER 14, 2019
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’.
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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!
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BountyJobs
APRIL 4, 2019
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.
BountyJobs
NOVEMBER 7, 2019
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.
BountyJobs
OCTOBER 31, 2019
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.
BountyJobs
SEPTEMBER 19, 2019
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.
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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.
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BountyJobs
OCTOBER 24, 2019
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.
BountyJobs
OCTOBER 17, 2019
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.
BountyJobs
OCTOBER 10, 2019
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%.
BountyJobs
OCTOBER 3, 2019
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.
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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.
BountyJobs
SEPTEMBER 26, 2019
BountyJobs Bites. Flexible Work Options Required for Many. The Numbers: In addition to female employees, male employees are looking for flexible schedules as well.
BountyJobs
SEPTEMBER 12, 2019
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.
BountyJobs
SEPTEMBER 5, 2019
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.
BountyJobs
SEPTEMBER 27, 2018
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.
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BountyJobs
JULY 4, 2019
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.
BountyJobs
AUGUST 29, 2019
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.
BountyJobs
AUGUST 1, 2019
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.
BountyJobs
JULY 25, 2019
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.
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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.
BountyJobs
JULY 18, 2019
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.
BountyJobs
JULY 11, 2019
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.
BountyJobs
JUNE 27, 2019
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.
BountyJobs
JUNE 20, 2019
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]
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