Hire Economics: The Workforce is Restless, but has Nowhere to Go

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The Workforce is Restless

Last week, the U.S. Department of Labor (DOL) reported that 162,000 new non-farm payroll jobs were created in July. To put this in perspective, the average since the beginning of the year was 192 thousand new jobs per month. This is a slight uptick from last year’s 182 thousand average of new jobs per month. As reported elsewhere, this is not enough job growth to reduce  (…read more)

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Convince Best Employees to Stay

Many of finance’s top performers plan to leave their jobs this year. Here’s how to buck the trend and convince best employees to stay

Half of all finance employees lack commitment to their current jobs, and the ones who are most likely to leave are the ones already meeting or exceeding expectations, including nearly one in three rated as high performers. At the same time, the vast majority of CFOs whom CEB surveyed as part of our Finance Talent research are already unhappy with the mix of finance talent at their disposal. They need to start doing a lot more to retain their best employees. (…read more)

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Survey Affordable Care Act

Employer Survey Affordable Care Act

From a recent survey, employers are prepared for The Affordable Care Act. “It appears that concerns about companies’ nationwide regarding (The Affordable Care Act) dropping health plans may have been premature.  Certainly, some companies will decide it is more economical to pay the penalties than provide healthcare, but for those that have been offering coverage voluntarily for many years, it is unlikely that the new law will prompt them to suddenly stop, ” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (…read more)

 

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