Economy

Posts Tagged Economy

ATLANTA—Tom Brokaw, an icon of U.S. broadcast journalism as managing editor and anchor of “NBC Nightly News,” used his closing keynote address at the Society for Human Resource Management (SHRM) 2012 Annual Conference to call on HR professionals to be part of a national dialogue focused on solving the nation’s challenges.
 
News Updates
July 3, 2012

After three riveting days of oral arguments in March 2012, employers were left anxiously awaiting the decision of the U.S. Supreme Court about the fate of the Patient Protection and Affordable Care Act, expected near the end of June 2012.

News Updates
June 13, 2012

Enrollment in health savings accounts (HSAs) and health reimbursement arrangements (HRAs) continues to grow, but contribution patterns to these account-based health plans are changing, according to a February 2012 report from the not-for-profit Employee Benefit Research Institute (EBRI).

News Updates
February 24, 2012
Even in a tough economy, HR consultants can’t take on every opportunity that comes their way. Sometimes the timing is off. Sometimes the expertise required is beyond the scope of their services. Sometimes, they just might not be interested.
News Updates
February 15, 2012

President’s State of the Union Address Highlights Priorities for 2012 

On Tuesday evening, Jan. 24, President Obama addressed Congress to lay out his priorities going into a contentious election year. Some of the issues he raised were taken right out of the HR policy playbook.

News Updates
January 30, 2012

News Updates
January 10, 2012
Globalization has often been associated with large multinational corporations. But leaders of small and medium-sized organizations in the United States are adopting a more global mind-set—and so are HR professionals.
 
In the most recent SHRM Workplace Forecast survey report released in February, a majority of HR professionals said that the following trends related to globalization will have a “major strategic impact” on businesses:
 
News Updates
December 29, 2011

At SHRM we have been researching some of the factors that are affecting job growth in the U.S. This is important information for HR professionals who are on the frontline and in the trenches dealing with the filling of jobs. Although there are many reasons that U.S. job growth is very slow, SHRM Research has identified some problematic issues that need solutions from HR professionals.

December 19, 2011
A poll released by the Society for Human Resource Management (SHRM) on Nov. 22, 2011, provides indications that employers are looking to hire full-time staff again.
 
Nearly three-quarters (73 percent) of HR professionals in the U.S. who responded to the poll reported that their organizations were hiring full-time permanent employees. The poll found that organizations with 500 or more employees were more likely to be hiring full-time employees than other businesses.
 
News Updates
December 8, 2011

Research
December 5, 2011

SHRM’S Leading Indicators of National Employment (LINE) report tracks trends in the labor market on a monthly basis, including hiring projections released one month ahead of the Bureau of Labor Statistics (BLS) Employment Situation report. Exclusive metrics also include new-hire compensation trends and recruiting difficulty, as well as job vacancies in exempt and nonexempt employment.

Research
December 1, 2011

This is part one of a series of SHRM Poll findings on how the economic recession is impacting employers in the U.S. In the current labor market, over one-half (52%) of employers reported difficulty recruiting for specific jobs that are open in their organization. This research examines what types of basic knowledge and applied skill gaps employers are experiencing with job applicants, as well as which job categories have been difficult to fill.

Research
November 18, 2011

What makes people happy? Many people, including HR professionals, spend their lives trying to find the answer.

But their brains play tricks on them when they try to imagine what the future holds, said Harvard University psychology professor Dan Gilbert, who gave the closing address Nov. 10, 2011, at the Work-Life Focus: 2012 and Beyond conference held in Washington, D.C.

News Updates
November 15, 2011

SHRM’s Leading Indicators of National Employment (LINE) report tracks trends in the labor market on a monthly basis, including hiring projections released one month ahead of the Bureau of Labor Statistics (BLS) Employment Situation report.  Exclusive metrics also include new-hire compensation trends and recruiting difficulty, as well as job vacancies in exempt and nonexempt employment.

Research
November 3, 2011

SHRM’s Leading Indicators of National Employment (LINE) report tracks trends in the labor market on a monthly basis, including hiring projections released one month ahead of the Bureau of Labor Statistics (BLS) Employment Situation report.  Exclusive metrics also include new-hire compensation trends and recruiting difficulty, as well as job vacancies in exempt and nonexempt employment.

Research
October 6, 2011

Men in cohort are 36% more likely than Boomers to be out-earned by their spousesDespite being the smallest U.S. generation (46 million), Generation X might be “the most critical generation of all” for employers, according to a study by the nonprofit Center for Work-Life Policy.

News Updates
September 28, 2011


A new Society for Human Resource Management (SHRM) poll released on July 14, 2011, appears to have some good news for college students and graduates who are looking to enter the job market. The poll of nearly 350 HR professionals throughout the United States revealed that the number of employers hiring undergraduates in 2011 jumped 11 percentage points, from 30 percent to 41 percent, when compared to the results of a similar poll conducted in 2010.

Research
September 21, 2011

Most companies keeping their salary budgets relatively tight 

Reflecting uncertain economic conditions and a conservative cost management environment, U.S. employers are projecting moderate pay raises for employees in 2012. Employers do expect to fund their annual bonuses fully for workers in 2011, as corporate profits have increased, according to survey data from consultancy Towers Watson.

News Updates
September 16, 2011

With the cost of employee health care benefits expected to increase in 2012 at more than twice the rate of inflation, large U.S. employers are planning to have workers share more of the cost, according to a survey by the National Business Group on Health, a nonprofit association of 329 mostly large U.S. employers.

News Updates
September 9, 2011