The Battle for Talent: 3 Manufacturers Share Their Wins

Nov. 21, 2022 Sometimes the best solutions have been developed by companies looking to serve their own unique needs. Ethan Karp American manufacturers are missing out on serious revenue due to talent shortages. Last year, the research firm Korn Ferry predicted that unrealized output from manufacturing talent shortfalls will grow to more than $607 billion by 2030.Read More

The Great Resignation Is Cooling Off

Over the past two years, Americans were leveraging their current jobs for more pay with competing firms, part of the Great Resignation across the nation. According to the Federal Reserve Bank of New York’s July 2022, Labor Market Survey released on Monday, more Americans are staying at their current firms as the rate of employeesRead More

US Private Hiring Slows in May Amid Worker Shortage

June 2, 2022 Payroll services firm ADP's data could foreshadow weaker hiring last month in the U.S. economy. Agence France-Presse U.S. businesses slowed hiring in May, amid an ongoing struggle to find workers and high inflation, according to an industry survey Thursday. Payroll services firm ADP said private employment rose by 128,000 positions last month,Read More

A Small Business Is Doing Well, But Finding Workers Is Another Story

April 28, 2022 Hidaka USA Inc. is growing, but finding staff is a major challenge. Adrienne Selko For the past 30 years, Hidaka USA, Inc. Inc, based in Dublin Ohio, has managed to not only navigate the ups and downs of a complicated business cycle, but it has thrived. Established in 1989 as a supplier of prototypes,Read More

Leadership on Point: Managing through the Generational Divide

April 20, 2022 The principles for managing multiple generations are really the same principles of good leadership. Carolyn Hendrickson It’s hard to keep them all straight – the Silent Generation, baby boomers, Gen Xers, GenZers, baby busters, millennials, iGen, Gen Alpha. Regardless of what you call them, or who falls into which generation, the issueRead More

Lockdown States Drag Down Overburdened Labor Market

By Petr Svab   April 6, 2022 Updated: April 6, 2022 Print News Analysis States that instituted more severe COVID-19 lockdowns have put a drag on recovery in a labor market desperate for hires. With the onset of the pandemic in 2020, millions of Americans left or were forced out of the labor pool due to fear of theRead More

Businesses Remain Resilient: Strong Hiring Continues Across the U.S.

April 1, 2022| Author: Mallory Vachon, Ph.D., Sr. Economist The economy added an impressive 431,000 jobs in March, continuing a long stretch of growth. The economy has added an average of 560,000 jobs each month since January 2021 and is on track to recover all jobs lost to the pandemic this year. National Job GainsRead More

The Workforce Has Spoken—How Should Companies Respond?

March 9, 2022 We have moved past panic. We are now fully immersed in understanding the problem and fixing it. Adrienne Selko Last year, more than 47 million Americans walked away from their jobs. While manufacturing did not have the quit rates of other industries, the message was still heard, loud and clear. Employees areRead More

It May Be Time to Reconsider that Noncompete Agreement

Federal regulators are cracking down on hiring practices that restrict employees’ wages and ability to work for competitors. Here’s what to know. Kellogg Insight These days, with the Great Resignation peeling off workers right and left, companies may be tempted to get creative in how they retain employees. But some popular strategies can land firmsRead More