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The C Sheet January 14: Hospital Staff Shortages, High Reservation Wages, and a Resurgence of Retirees

Visier

LinkedIn’s chief economist shares the hiring trends companies can expect in 2022. Rising wages and other US hiring trends to expect in 2022 (Quartz at Work). Here’s how to help them with their reentry: Welcoming Back Formerly-Retired Workers Can Help Remedy Your Labor Pains. A New Minimum Wage. Retirees Are Making a Comeback.

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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022

15Five

We’ve heard a lot about the Great Resignation, but according to Heather, there are also four other “greats” impacting the current job market: Great Resignation Great Retirement (Boomers) Great Reshuffle (reskilling, changing industries) Great Refusal (rising costs with no minimum wage increase) Great Relocation (remote work allows resettlement).

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What’s keeping HR up? 5 key takeaways about changing priorities

HRExecutive

In 2022, for example, nearly 50% of HR professionals surveyed were focused on hiring and retention, a figure that dropped to 36% the following year and 32% in 2024. While hiring and retaining key talent again claimed the top spot among HRs challenges, human resources continues to broaden its aperture, seemingly driven by external shifts.

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2024 HR Tech M&A Activity: A Year of Resilience and Growth

Lighthouse

I haven’t really listed deals below on this, but there are so many payroll companies and smaller PEOs with leaders reaching retirement age that are selling off the company. They may have 200 or 2,000 clients and sell the business to a larger provider that continues to aggregate and grow in that way. Like this post?

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7 Top Job Satisfaction Statistics You Need to Know

15Five

Gallup has data for this question going as far back as 2008, and that number was only ever so low at a single other point: 2022. Perhaps they’ve reached the peak of their income-earning potential, or they’ve become semi-retired, allowing them to pursue work they enjoy rather than just chasing a higher paycheck. That highest point?

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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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2025 FSA, HSA, Retirement Plan Contribution Limits

HRWatchdog

Get ready for 2025 — the Internal Revenue Service recently released the 2025 annual inflation adjustments for flexible spending arrangements (FSAs) and retirement plan contribution limits. Retirement Plan Contributions In 2025, individuals can annually contribute up to $23,500 to their 401(k) plans, up from $23,000 in 2024.