HR Digest

OCTOBER 30, 2023

Ford, UAW Reach Tentative Labor Deal on Wages According to the UAW contract, workers should soon see a 25 percent wage increase that will be paired with the cost of living adjustments (COLA) that could push the pay rise above 30 percent by 2028. New hires will go to the top rate within 3 years of time on the job now.

Immedis 52

Immedis Retirement Hiring Meeting 52

Blu Ivy Group

MARCH 14, 2024

From the headlines: Over 700,000 skilled tradespeople are expected to retire by 2028. We’ve been reading the headlines and economic reports over the last few years and now is the time for organizations to refresh, relook, and invest in their employer brand strategy and recruitment marketing strategies.

Recruiting Software 64

Recruiting Software Employer Branding HR Software Industry 64

Accurate Background

MAY 18, 2021

Since the outbreak of COVID-19, one in four people have struggled to pay their bills, a third have taken money out of savings or retirement accounts, and one in six have borrowed money or gotten food from a food bank, according to a survey from the Pew Research Center. million to 20.5

Hiring Software 112

Hiring Software Planning Tools Software Industry 112

Empuls

JANUARY 29, 2024

Here are the top three and the corresponding population prioritizing them: Healthcare benefits (89%) Retirement plans that guarantee financial security (81%) Time-off privileges, promoting work-life balance (81%) 8. in the next decade. in the next decade. 

Hiring Software 52

Hiring Software Trends Recruiting Software Onboarding Software 52

Edcor

SEPTEMBER 14, 2020

In the US alone, the Bureau of Labor Statistics predicts that registered nurses employment in the US will grow 12 percent from 2018 to 2028. In the next 10 to 15 years nurse retirements will add to the nursing shortage. That adds up to a need for more than a million additional nurses. And nurses are also growing older.

Retention and Turnover 52

Retention and Turnover Certification Retirement System 52

Thrive Global

FEBRUARY 4, 2022

In our conversation together, we talked about when he needed to hang up his ice skates and retire at the young age of 28. Then, at the age of twenty-eight, he found himself too old to compete in his profession any longer and had to retire. . Apolo won 8 Olympic medals in speed skating during his historic career.

Retirement 36

Retirement Compliance Training Competencies Training 36

Edcor

APRIL 6, 2020

The Bureau of Labor Statics predicts that the nursing shortage will increase 12 percent by 2028, in the United States alone. Each generation of the nursing workforce responded positively: 63 percent of millennial RNs, 61 percent of Gen Xer RNs and even 53 percent of Baby Boomer RNs who are closer to retirement.

ATS 52

ATS System Retirement Report 52

Engagedly

NOVEMBER 16, 2023

Bureau of Labor Statistics states that healthcare jobs will grow by 13% from 2018 to 2028. Furthermore, the Bureau’s projections indicate a yearly demand for 203,200 RNs through 2031, accounting for retirements and workforce departures. The HR challenges that healthcare employers face can be significant. million in 2021 to 3.3

HR Software 52

HR Software Hiring Software Recruiting Software Retention and Turnover 52

Workforce Opportunity Services

SEPTEMBER 27, 2019

million positions unfilled between 2018 and 2028—a potential economic impact of 2.5 Blue-collar jobs are currently the hardest to fill because more and more Americans are going to college and taking professional jobs while working-class baby boomers are retiring. trillion, according to a recent Deloitte study. Why the shortage?

Recruiting Software 40

Recruiting Software How To E-Recruitment Retirement 40

Zenefits

SEPTEMBER 4, 2018

As the massive Baby Boomer generation retires, Social Security is expected only to be able to cover 75% of its obligation by 2035. At 15% of the overall federal budget , it’s estimated that by 2028, Medicare will only be able to cover 87% of its obligations under its Plan A hospital insurance. .

Payroll 56

Payroll Zenefits Retirement ATS 56

Quickbase

NOVEMBER 8, 2019

million positions unfilled by 2028. Additionally, a significant amount of the manufacturing workforce is nearing retirement age. Employers are facing a new challenge of a growing skills gap with not enough prospective employees having the skills necessary for the jobs.

Assessment Software 40

Assessment Software Recruiting Software Planning Tools Retirement 40

Extensis

NOVEMBER 29, 2023

Quick look: A new year is right around the corner, and with it comes a new set of contribution limits for retirement accounts, health savings accounts, flexible savings accounts, and commuter benefits plans. If neither the taxpayer nor the spouse is covered by a retirement plan at work, the phase-outs of the deduction do not apply.)”

Retirement 90

Retirement Report Compliance Training Wellness 90

Paycor

OCTOBER 23, 2018

The current recruiting market is heavily saturated, and as baby boomers retire, transferring their knowledge to new generations of workers is top of mind. Reports suggest that 75 million workers in the United States will retire in the next decade and be replaced by a talent pool of just 45 million. Historic Lows in Unemployment Rates.

HR Software 40

HR Software Hiring Software HR Trends Onboarding Software 40

Zenefits

NOVEMBER 26, 2022

Retired Justice Sandra Day O’Connor , who weighed in on Grutter , wrote in her majority opinion that racial preferences won’t be necessary in the next 25 years (2028). Bollinger that the University of Michigan Law School could consider race in its admissions practices to diversify the student body.

Hiring Software 69

Hiring Software Discrimination Onboarding Software HR Software 69

Thrive Global

JUNE 15, 2020

trillion between 2019 and 2028—4 to 6 percent of the projected GDP in 2028” This is a real and tangible number that we can affect in most of our lifetime. It is estimated that its dampening effect on consumption and investment will cost the US economy between $1 trillion and $1.5

Hiring Software 60

Hiring Software Staffing Software Planning Tools Interview Software 60

Visibility Software HR

FEBRUARY 19, 2020

Hundreds of thousands of highly-skilled workers are on the verge of retiring while thousands of new jobs are being created—and the ability to attract new talent is weakening as younger workers choose fields outside the manufacturing sector. million positions unfilled through 2028 with a potential economic impact of $2.67T. Big numbers.

Hiring Software 10

Hiring Software Recruiting Software Sexual Harassment Planning Tools 10

Visibility Software HR

FEBRUARY 19, 2020

Hundreds of thousands of highly-skilled workers are on the verge of retiring while thousands of new jobs are being created—and the ability to attract new talent is weakening as younger workers choose fields outside the manufacturing sector. million positions unfilled through 2028 with a potential economic impact of $2.67T. Big numbers.

Sexual Harassment 52

Sexual Harassment Recruiting Software Hiring Software Harassment 52

Visibility Software HR

FEBRUARY 19, 2020

Hundreds of thousands of highly-skilled workers are on the verge of retiring while thousands of new jobs are being created—and the ability to attract new talent is weakening as younger workers choose fields outside the manufacturing sector. million positions unfilled through 2028 with a potential economic impact of $2.67T. Big numbers.

Sexual Harassment 52

Sexual Harassment Recruiting Software Hiring Software Harassment 52

Analytics in HR

JUNE 30, 2023

annually by 2028. Furthermore, understanding the workforce dynamics, including turnover rates, upcoming retirements, or changes in skill requirements, allows the talent acquisition team to forecast future hiring needs. The global talent acquisition suites software market is projected to grow 14.3%

Talent Acquisition 22

Talent Acquisition Video Recruiting Hiring Software Talent Experience 22

Paycor

NOVEMBER 13, 2020

million factory jobs could remain unfilled through 2028 because of a tightening labor market and manufacturing talent shortage. million workers will retire from the manufacturing workforce over the next decade, leaving a huge gap to fill. Moreover, a Deloitte study estimated that as many as 2.4 A shrinking pool of workers.

Recruiting Software 94

Recruiting Software HR Software Aptitude Tests Paycor 94

Manatal

MARCH 31, 2022

This is because professionals with the skills employers need are not graduating in large enough numbers to fill the talent gap, or replace Boomers who are beginning to retire. between 2021 and 2028 reaching a value of USD 716.52 billion by 2028. Analysts predicted that the global SaaS market will grow at a CAGR of 27.5%

Recruiting Software 87

Recruiting Software Hiring Software Onboarding Software Planning Tools 87

ApplicantStack

AUGUST 30, 2019

million manufacturing positions will go unfilled between 2018 and 2028. Boomers are retiring. Despite outdated stereotypes, today the manufacturing sector is booming. In 2018, the industry added 300,000 new jobs. A study by Deloitte predicted an estimated 2.4 But it has changed the nature of skills needed.

Video Recruiting 48

Video Recruiting Hiring Software Recruiting Software Interview Software 48

Analytics in HR

APRIL 8, 2024

HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.” Did you know It is anticipated that by 2028, the HR software market will expand to $33.57 billion, with a growth rate exceeding 10% annually.

HR Planning 64

HR Planning HR Software Hiring Software Wage and Hour Training 64

Manatal

APRIL 28, 2022

between 2021–2028. How will demand for these jobs change? Online recruitment sites like LinkedIn and Indeed as well as social networks have emerged as prominent hiring channels. Analysts from The Insight Partners say that online recruiting will grow at a CAGR of 7.1%

Hiring Software 62

Hiring Software HR Software Recruiting Software Assessment Software 62

Visier

JULY 30, 2020

Even though healthcare has been projected to a dd 1,9 million jobs–more than any other industry–between 2018 and 2028 , turnover is high and hospitals perennially face a shortfall of registered nurses (RN). Retirement Trends. What drives nurse turnover? Monitor for Improvements.

Retention and Turnover 195

Retention and Turnover Hiring Software Onboarding Software HR Software 195

Replicon

JANUARY 4, 2023

million by 2028. will freelance by 2028. . As a result, 1 out of 5 residents will attain retirement age by 2050. The trend of mass retirement will lead to a more significant workforce gap as companies scramble to fill vacant positions. A recent Statista Research reveals that there are around 70.4 million by 2025 and 90.1

Planning Tools 98

Planning Tools Recruiting Software eBook Cyber Security 98

Semos Cloud

DECEMBER 22, 2022

between 2018 and 2028, with the potential economic fallout of $2.5 There are two main reasons driving the severe drop in supply in the blue-collar talent market: First of all, generations of older blue-collar workers are retiring. million unfilled manufacturing positions in the U.S. trillion. .

HR Software 52

HR Software Hiring Software Bonuses and Incentives Planning Tools 52

Digital HR Tech

FEBRUARY 19, 2020

million positions unfilled between 2018 and 2028. Because even if you’re able to reskill or upskill your current employees, at some point you will have to recruit new people (due to employees leaving, retiring, etc). The results of your skills gap analysis are likely to change the criteria based on which people are hired too.

Analysis 104

Analysis Hiring Software Assessment Software Recruiting Software 104