Posts by Shelley Luzaich

It has been a whirlwind over the past few years as employer workforce needs and worker expectations have contracted, expanded, and shifted with the pandemic and its aftershocks. Temporary workers have provided flexibility, agility, and cost-efficiency to organizations, especially in times of uncertainty and change or when specialized skills are required. It’s not always easy…

Regional banks are an essential part of the financial system, providing personalized services and supporting local economies. However, they also face many challenges in today’s competitive and dynamic environment, such as regulatory compliance, cybersecurity, digital transformation, and talent acquisition and retention. According to McKinsey, financial institutions can build their future workforce in many ways by…

New Jersey made history by becoming the first state in the US to enact a law that guarantees equal pay for temporary workers. The law, known as the Temporary Workers’ Bill of Rights, went into effect on August 5, 2023, and aims to protect the rights and dignity of more than 130,000 temporary workers in…

The US economy is on fire, adding 336,000 jobs in September – surpassing expectations by a wide margin. This is a gain of approximately 227,000 over the prior 12 months. The unemployment rate remained steady at 3.8%, the lowest level since 2000. But what does this mean for workers and employers? The September jobs report,…

Current trends in Higher Education show that there is uneven progress in increasing diversity in the labor force, particularly in fields such as computing and engineering. Historically marginalized Black and Hispanic workers remain underrepresented in science, technology, engineering, and math (STEM) positions compared with number of total workers, according to Pew Research.   Furthermore, this representational disparity…

In an already tight labor market, employers are requiring candidates to have skills that go beyond the traditional requirements of ability to work in a team, problem-solving, organization, and communication. Couple that with a universal shift to digital-first interactions such as remote work, online commerce, and virtual collaboration, and organizations now face unique challenges never…

Overall, universities and colleges have enjoyed a long-standing reputation as some of the most attractive places to work, offering prestige and job stability. However, the Covid pandemic accelerated emerging shifts in worker expectations, technology usage, cultural priorities, and worker demographics.   Higher Education has historically remained relatively unaffected by these market forces. However, economic uncertainty has…

Competition for talent is still one of the biggest challenges that companies face as we roll into the latter half of 2023. Today’s workforce is shaped by changing demographics, technological advancements, psychographic desires, and behavioral factors.   These are several elements that impact today’s workforce:   The trend for a tight labor market continues. Yes, we’re seeing…