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Recession 2008 Versus 2023: Lessons Learned and Key Workforce Differences

HR C-Suite

During the 2008 great recession, I was a CHRO for a health system in California. We were thrust into responding to the market downturn and slow recovery. To remain viable, we had to make very hard workforce related decisions including but not limited to laying off 180+ employees, consolidating, and shutting down services.

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‘Tis the Season: A Guide to Seasonal Recruiting

Netchex HR Blog

Tips for more successful seasonal hiring: In November 2022, the retail industry filled 256,700 seasonal jobs, the lowest level since 2008 , a decline of 26% from 2021. Improve efficiency with software for remote onboarding and an Applicant Tracking System (ATS). Reply to applications and schedule interviews quickly.

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Exodus of key recruiters expected in wake of Covid

Etz

According to the ONS, prior to the 2008 financial crash , the UK economy had undergone 63 quarters of growth. April 2008 marked the start of five quarters of contraction as the effects of the crisis took hold. Recovery from recessions are normally characterised by a flurry of breakaways and startups setting up recruitment shops.

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Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

HR Daily Advisor

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. The post Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says appeared first on HR Daily Advisor.

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Leading the VUCA World with Empathy, Humility & Inclusivity

This crisis is just the latest example of the VUCA (volatility, uncertainty, complexity, ambiguity) world we are living in—a world that has presented us with the 911 terrorist attacks, the 2008 eco­nomic crisis, the 2020 COVID-19 pandemic, and ongoing systemic injustice. How can we lead the VUCA world in the 21st century?

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Human resources information system (HRIS) : An HRIS is a software platform used to collect and store employee data. Employee leasing company : An employee leasing company supplies new workers to a business, primarily on a temporary basis for work on a specific project with distinct start and end dates.

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10 Best On-Demand Staffing Services Providers in 2023

Recruiters Lineup

The platform has been around since 2008 and has helped more than one million businesses find the design talent they need. The platform has been around since 2008 and has helped millions of businesses find the services they need. Top 10 On-Demand Staffing Services Providers in 2023 1. Why Use On-demand Staffing Services?