Big Data Analysis Is Helping Companies Make Better Decisions
Although companies now have access to increasing amounts of "big data" that could help them improve the speed and quality of their decision-making processes, culture is preventing many companies from optimizing opportunities to derive insights from these data, the...
Annual Wage Growth Continues To Accelerate In a Tight Job Market
In the second quarter of 2019, wages for U.S. workers were 4.0% higher than at the same point in 2018, with the average wage level increasing $1.09 over the year to reach $28.54 an hour, according to the findings of a quarterly analysis of workforce trends performed...
Employee Benefit Packages Show Signs Of Stability Despite Cost Pressures
U.S. employers have largely maintained the status quo in terms of their benefit offerings in 2019, but they are also looking for opportunities to make changes to their benefit programs that lower costs while still enabling them to attract and retain talent in a...
The Savings of Many Americans Are Not Improving With the Economy
While most Americans have seen their ability to cover monthly expenses and bills improve since the financial crisis, many are still struggling to make ends meet and are failing to save for retirement, as key indicators of financial capability are no longer improving...
Employers Report an Ongoing Commitment to Providing Employee Benefits
While employee benefit offerings are largely holding steady in the U.S. amid a stable labor market and regulatory environment, certain benefits, such as student loan repayment programs, paternity leave, telecommuting, standing desks, and telemedicine are becoming...
Slow Decision-Making Can Lead To Recruitment Challenges
To recruit and hire employees in the current digital era and hypercompetitive labor market, companies have to redefine the role of the hiring manager to ensure that they are acting decisively and quickly, as a lag in decision-making can cause organizations to lose out...