Remove 2020 Remove Compensation Remove Retirement
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What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2020, according to the Bureau of Labor Statistics. According to Glassdoor’s Jobs & Hiring Trends for 2020 report, baby boomers—those 65 or older—will become the fastest-growing workforce, a trend the report calls the “gray wave.” The number of job openings in the U.S. fell from 7.6 million in January 2019 to 6.8

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Why employers are leaning into benefits to stand out in the job market

HR Brew

Compensation is consistently cited as one of the top factors employees consider when they decide whether to take a job, and offering competitive wages is one way HR teams seek to attract or retain employees with rising salary expectations. In some industries, benefits can send a powerful message, too. The sectors where benefits stand out.

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Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

To say 2020 was a difficult year is an understatement. While healthcare attrition has statistically been higher than national averages (about 15% pre-pandemic), 2020 saw nurse turnover vary from 8.8% Lack of available talent is another challenge that was amplified in 2020. pexels.com/Anna Shvets. Lack of talent. Into the future.

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Employee Benefits: Traditional & Creative Trends

Affinity HR Group

Traditional benefits like health insurance, retirement plans, and paid time off serve as hygiene factors or factors that help prevent employee dissatisfaction. Retirement Plans Retirement plans are paramount for the long-term financial security of employees. This change will go into effect January 2025.

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Workforce and Hiring Trends for Employers in a Post-COVID World

Cisive

With such a large number of workers transitioning to gig or contract work, we can expect legislation to come around in the near future that changes labor regulations to ensure that gig workers have health benefits, retirement plans, and paid time off.

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COVID-19 Pandemic Contributed to Career Setbacks, Research Shows

HRWatchdog

When the COVID-19 pandemic started in early 2020, California businesses faced difficult choices to preserve their companies while maintaining their workforce — but many workers were affected beyond furloughs and layoffs. CalChamber members can read more about bonuses and Private Retirement Savings Plans in the HR Library. Not a member?

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How You can Solve the Nursing Shortage

Precheck

Before 2020, the healthcare industry was already grappling with nursing shortages due to several factors. At the same time, many experienced registered nurses who are part of the boomer generation are retiring, further exacerbating the shortage. The pandemic worsened an existing problem. So what can we do about the nursing shortage?