News

Baby Boomers are retiring in record numbers – by some estimates 10,000 Baby Boomers retire each day or almost 4 million per year – and creating a seismic shift in the workplace.

In today’s dynamic business environment, where change is the only constant, adaptability and flexibility are key. This is especially true for small and medium-size enterprises that need to react swiftly to market shifts, seasonal variations, and unforeseen challenges.

Many facets of the U.S. economy have made incremental improvements over the last two years, but one major concern, a skilled tradesmen shortage, is not going away anytime soon.

Every business experiences periods of heightened activity – peak seasons that bring a surge in demand for your products or services.

“It’s very common for companies to experience fluctuations in business and revenue, busy times, and slow times – and this can often be based on the seasons or weather. For instance, retail businesses can experience as much as a 15 percent increase in sales the month of December and then fall to 30 percent below average after the holidays,” writes Kathy Bradshaw in CityScope magazine.

Labor shortages over the past two years have forced companies to rely on temporary staff to address seasonal demands, special projects, or unexpected surges in workload.

In today's fast-paced business landscape, flexibility is a key component of success. As industries evolve and adapt to changing demands, the need for a dynamic and agile workforce becomes increasingly apparent.

Small and medium-sized business owners often struggle with the right balance of short- and long-term staffing needs, especially during peak periods such as the holiday season, but it is a year-round issue for employers to tackle.

Many companies are finding the direct hiring process beneficial to finding talent in today’s competitive job market.

In today’s workplace, you often hear the terms “temp worker” and “contract worker” used interchangeably, leading to confusion among both employers and employees.

Understanding the differences between these two types of employment arrangements is crucial for fostering a healthy work environment, maintaining legal compliance, and ensuring fair treatment for workers.

The U.S. economy shed more than a quarter of million jobs in the first quarter of 2023 led by more than 100,000 tech sector layoffs. On the other hand, the broader job market remains resilient and historically tight.