Global Talent Update – July 2023

EMEA The Eurozone’s current economic situation and its outlook are being shaped by economic factors moving in opposite directions, according to a report from Deloitte. On the positive side, the Eurozone managed to get through the winter without energy shortages and severe recession feared by many analysts. Labor markets have continued to thrive, stabilizing consumer…

SHIFT – July 2023

How Gen Zs and Millennials are driving change in the workplace Gen Zs and Millennials are the change agents helping shape the future of work, and organizations that embrace and enable their passion for social impact and a values-first workplace will reap the benefits of a highly engaged workforce, according to the Deloitte Global Gen…

BLS Employment Situation Report: June 2023

The change in total nonfarm payroll employment for April was revised down by 77,000, to +217,000, and the change for May was revised down by 33,000, to +306,000. With these revisions, employment in April and May combined is 110,000 lower than previously reported. Both the unemployment rate, at 3.5 percent, and the number of unemployed…

Building good relationships at work

If you’re ready to start building good work relationships, here are a few tips to help you build trust and engage with your colleagues: Become an active listener. Communication is the foundation of any healthy relationship. Be receptive to people’s words, practice emotional intelligence, and use non-verbal communication to show you’re paying attention. If you…

Global Talent Update – June 2023

EMEA Businesses are being urged to limit the amount of alcohol served at work social events in order to prevent people from acting inappropriately towards others. The warning from the Chartered Management Institute (CMI) comes as it releases a new poll, suggesting a third of managers have seen harassment or inappropriate behaviour at parties. The…

Workplace Culture: 5 Key Elements For A Positive Employee Environment

Workplace culture is powerful. It can be a significant factor in business success or create a dysfunctional environment that drains talent. For companies wanting victory over brain drain, it is crucial to proactively shape a productive employee culture that reflects talent demographics as much as it does the customer. Here is an article that was…

How workplace wellness can boost employee productivity

Many people report experiencing overwhelming workplace pressure and feeling paralyzed by the fear of underproducing, which leads to unhappy employees who are burnt out and in turn, less productive. This condition has been referred to as presenteeism – employees are physically present at work but are mentally checked out. Employees who work remotely seem to…

SHIFT – June 2023

The Big Stay is the new workplace trend The Great Resignation is coming to a close, according to Nela Richardson, chief economist at ADP, the payroll-service company — and “the Big Stay,” as she dubs it, could be here to stay. Richardson says that workers are increasingly sticking with their jobs in the current economic…

BLS Employment Situation Report: May 2023

Beating analysts’ expectations, today’s data will fuel discussions about the underlying strength of the economy in the face of federal reserve efforts to tame inflation. The job market added more positions in recent months than previously thought, as well. March and April’s totals were both revised upward for a net gain of 93,000 jobs. The…

Should you accept a counteroffer?

As many industries struggle to find the qualified candidates they seek, businesses are increasingly fighting to retain key staff members by making counteroffers. But that doesn’t mean it’s in your best interests. After all, if an employer is offering you more money to stay, they may not change much else about your current role, so…