2023 Salaries Expected to Lag Behind Inflation: Mercer

Salaries for U.S. employers could lag behind inflation in 2023, according to a new survey from Mercer. The majority (80%) of organizations are beginning to determine their 2023 annual increase budget, and overall salaries are going up. The average merit increase will be 3.8%, compared to 2022’s 3.4%, and the total increase budget will be 4.2%. The […]

Salary Transparency Key for Jobseekers is number 1

Salary transparency in job postings is a top priority for U.S. jobseekers, according to new research from Adzuna. The latest survey results add to a growing collection of data showing how much workers value this transparency, even as U.S. employers are among the worst for providing it. Key results from Adzuna’s survey: 28% of respondents said […]

Investing in Mental Health is Good for Business

Mental Health in the Workplace One unexpected concern that Covid-19 brought to light was the importance of empathy for both mental health and emotional well-being. From personal health concerns and family losses to staffing shortages, remote work and an often-fuzzy work-life intersection, your employees may be under a great deal of stress. As daily lives […]

Massive Unemployment Insurance Fraud and What States are Doing About It

Different laws being considered nationwide and in Congress   The sheer number of Unemployment Insurance (UI) claims early in the pandemic overwhelmed administrative agencies, leading to many overpayments. While many of these were the result of simple administrative error, others were deliberate cases of fraud. As the cost of these claims ultimately falls on businesses, it’s […]

Labor shortage continues to be a challenge for small businesses

According to NFIB’s monthly jobs report, the labor shortage continues to be a challenge for small businesses with 51% (seasonally adjusted) of owners reporting job openings they could not fill in the current period, up four points from April and matching the 48-year record high set in September. Twenty-three percent of owners reported labor quality […]

Companies Report Salary Discrepancies Between New Hires, Tenured Staff

More than half (56%) of U.S. companies pay their new hires and tenured staff differently, according to research by Robert Half. These salary discrepancies, known as “pay compression,” have led the majority (62%) of C-suite executives at these companies to review compensation plans and increase existing employees’ salaries. Retention remains a concern, and a large majority […]

Virginia’s New Hazy Marijuana Laws and What Employers Should Know

Virginia’s New Hazy Marijuana Laws and What Employers Should Know  The big shift is here! As of July 1, 2021, adults 21 years of age and older can possess, consume, and grow small amounts of recreational marijuana in the Commonwealth. Virginia is the first state in the South to legalize recreational use of marijuana and […]

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Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. This news release presents statistics from two monthly surveys. The household […]

Applying for Jobs Post COVID – Vaccination Needed?

Now that the COVID pandemic is winding down, one may ask if the vaccination need is still great. Now that the COVID pandemic is winding down, one may ask if the vaccination need is still great. Now that the COVID pandemic is winding down, one may ask if the vaccination need is still great. Now that […]