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Study Indicates that Traditional Employee Model will be Obsolete by 2035

October 5, 2020

Traditional employees will become rare by 2035, with the majority of high-value specialist positions filled by on-demand freelancers, according to a survey conducted by Citrix Systems. In their report, “Work 2035”, Citrix, Oxford Analytica and research firm Coleman Parkes surveyed more than 500 C-suite executives and 1,000 employees at large and midmarket firms in the…

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Reskilling Solutions Lie in Approach More than Tech, Report Says

October 5, 2020

A recent study by Gartner Group reports that nearly two-thirds of HR leaders proactively address their organization’s skills needs at a time when the number of skills in the workplace has been increasing by a rate of 10% annually. At the same time, dynamic business conditions make reskilling a continuously moving target.  A third of…

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Cloud-Based Workforce Management Systems Have Become the Norm

October 5, 2020

While on-premise human capital management (HCM) solutions remain in use, eventually all solutions will be cloud-based. While 70% of organizations have already deployed at least one cloud-based HR application, 40% continue to use at least one on-premise solution, according to research conducted by Sierra-Cedar. Many software vendors have “retired” their on-premise solutions, with all development,…

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COVID-19 is Reshaping U.S. Workforce Demographics

October 5, 2020

Six months into the Covid-19 pandemic, evidence of longer-term damage to the labor market is emerging, according to separate analyses of detailed monthly jobs data by labor economists and Reuters. According to statistics from the U.S. Department of Labor, women and workers age 65 and older comprise a disproportionate share of the 3.7 million people…

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Women CEOs Reach Record Numbers, but Gender Diversity Faces New Challenges

October 5, 2020

Today, 38 women lead Fortune 500 firms – the highest number ever.  However, the pandemic poses risks to many of the strides women are making. As most school systems are forced to turn to hybrid or remote learning, younger women executives are being pulled into childcare roles more often than men, which is slowing or…

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COVID-19 Has Accelerated Direct Sourcing Adoption and Technology Changes

October 5, 2020

The impact of the pandemic on the economy has encouraged many companies – large and small – to reduce cost and increase agility through the increased use of temporary workers.  These workers are being sourced through a wider choice of channels, including use of a staffing agency temp, engaging an independent contractor, calling in an…

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Employers Boosting Efforts to Meet Workers’ Child Care Needs

October 5, 2020

More U.S. employers are implementing programs to meet the childcare needs of working parents of young and school-age children, according to a survey of 553 employers conducted in September by Willis Towers Watson.  These initiatives are being taken to combat rising stress or burnout among these employees.  Seventy-nine percent (79%) of respondents report rising stress…

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Wage Increases Expected in Q4

October 5, 2020

Despite the impact of the pandemic on employment levels, a recent study by Express Employment Professionals indicates that more than half (52%) of hiring decision-makers in the U.S. expect wages to increase in the fourth quarter compared to the same period in 2019.  The percentage of hiring manager planning to raise wages is significantly lower…

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Who pays for COVID-19 testing?

October 5, 2020

Health plans are only required to cover most COVID-19 testing without deductibles, co-pays and co-insurance when testing is ordered by a medical provider for diagnostic purposes. Following U.S. Centers for Disease Control and Prevention (CDC) guidelines, the provider must make an individual clinical assessment that the test is medically appropriate for symptomatic individuals or for…

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Maryland Salary History Ban Now Extended to Job Applicants

October 5, 2020

Beginning Oct. 1, amendments to Maryland’s Equal Pay for Equal Work law offer additional protections to applicants for employment. Employers are prohibited from directly requesting or indirectly seeking a candidate’s wage history. Employers cannot use an applicant’s wage history to screen the candidate or formulate an offer of compensation. Employers must provide an applicant with…

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