Sales Operations have emerged as critical functions in transforming raw sales potential into structured, data-driven success. They are no longer a support function but an active strategy to outpace competitors and boost revenue. 89% of sales professionals say that sales operations are crucial to growing businesses. It is the data-driven…...
The advisor shortage in US wealth management
Demand is strong. Capturing it will require wealth managers to tackle the impending shortage of advisors. Following several years of economic crosscurrents and fluctuating performance, the US wealth management industry is entering 2025 from a position of strength, with solid fundamentals in place. Demand for its services continues to grow as…...
Trends That Will Shape HR in 2025
The world of work is changing at a staggering pace. From changes in talent acquisition practices to the rise in people analytics to the can’t-be-talked-about-enough impact of AI, 2025 is sure to be a year of new opportunities and new challenges driven by the need for the workforce to be…...
What HR must weigh about skills-based hiring
Much has been said in recent years about the push toward skills-based hiring. The idea that we should try to figure out whether candidates have the skills required to do the job seems so obvious, it may seem like we shouldn’t have to even think about it further. However, taking skills more…...
The 2024 Gig Economy Surge: New Recruitment Models for Tech and Non-Tech Talent
Have you ever wondered what a $1,847 billion gig economy would look like in ten years, i.e., by 2032? Well, it’s already gaining serious momentum, with the market valued at $556.7 billion in 2024 and expected to grow at a whopping 16.18% CAGR, according to Business Research Insights. Read the full…...
Monthly Jobs Report: Hiring Snapshot
Following a sleepy summer, the labor market woke up with the release of the September jobs report from the U.S. Bureau of Labor Statistics (BLS). Reporting strong gains of 242,000, employment growth was widespread across industries. Likewise, Monster job numbers continued to grow with overall active job postings up 4% over…...
Economic Forecast for the US Economy
Recent financial market gyrations notwithstanding, the US is likely not on the cusp of recession. Nonetheless, the economy is expected to lose momentum in H2 2024 as high prices and elevated interest rates sap domestic demand. Real GDP growth rose by an unexpected 2.8 percent quarterly annualized in Q2 2024…...
US hiring fell sharply in July in a setback for the economy
WASHINGTON (AP) — The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with raised interest rates taking a toll on businesses and households. Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment,…...
The Effect of the Job Market on the Economy
With summer approaching, signs have emerged of a possible U.S. labor market slowdown. Job openings have modestly declined in recent months. The April Employment Situation Summary from the U.S. Bureau of Labor Statistics shows payroll employment growth slowed from previous months. April saw the creation of 175,000 new jobs, modestly…...
Why Inclusive Hiring Practices Are Important—And How To Implement Them
On June 29, 2023, the Supreme Court ruled that affirmative action at universities, where race and ethnicity is considered a factor for admission and to create a diverse student body, is unconstitutional under the Equal Protection Clause of the 14th Amendment. This ruling has led to confusion among some American…...
9 Hospitality Jobs That Pay Well
While many industries focus on making and selling products, hospitality is more concerned with delivering service. A hospitality job is one that involves working in a service-oriented industry, such as tourism, lodging, events, transportation, or food and beverage, and performing tasks that foster a relationship with your company’s customers. Services…...
The American Job Market: Strong And In Harmony
It seems there’s no way to derail the American job market. For the 27th consecutive month, the Bureau of Labor Statistics issued a beautiful jobs report for March which, although cooled down from the torrid streak in the months before, was still notably strong. Read the full article at: www.forbes.com...
Women business owner advice
The number of women-owned businesses is steadily growing all over the world1—but this growth doesn’t always come easy. In fact, women often face challenges that men don’t – challenges that can negatively affect the success of their business. These key steps can help women protect their business’ financial future. Read…...
Cooler hiring in June could help the Fed achieve an elusive ‘soft landing’ for US economy
The pace of hiring by businesses and government agencies in June — 209,000 added jobs — was the smallest monthly gain in 2 1/2 years. Yet it was still a healthy increase, enough to reduce the unemployment rate from 3.7% to 3.6%, barely above a half-century low. And it amounted…...
The Importance of Job Descriptions for Employers
The importance of job descriptions for employers is vital to the hiring process. JDs show your unique culture and set employee expectations. To create quality JDs, you’ll need to do more than list the basic tasks, requirements, and skills for a position. For instance, your JDs should include your company’s…...
Jobs AI won’t replace !
I’ve just asked ChatGPT this question: “What jobs will AI be unable to replace?” Within seconds it has whizzed out a 275-word answer. When I asked it to edit its answer down to under 50 words, it was a lot slower. A lot, lot slower. Read the full article at:…...
