>Erin Geiger

About Erin Geiger

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.

Majority of U.S. Workers Considering New Jobs Due to Inflation

U.S. jobless claims haven’t been this low since September 1968 – for the week ending April 2, initial jobless claims fell to 166,000 (a decrease of 5,000). Over half (66%) of workers in the U.S. are considering a job change in order to keep up with inflation. Requests to work remotely are increasing as gas prices skyrocket – a quarter of those thinking about looking for a new job also plan on ensuring that role allows working from home. Workers already working from home (24%) are planning on continuing to do so until gas prices decrease. A whopping 75% of workers feel that employers should increase pay rates during economic inflation. A mild recession has been forecasted, beginning late 2023. “It is now clear that price stability … is likely to only be achieved through a restrictive monetary policy stance that meaningfully dents demand,” Deutsche Bank economists wrote, according to CNN. Although concerns are rampant, [...]

By |2022-04-07T20:54:33+00:00April 8th, 2022|Categories: Talent Acquisition Trends|Comments Off on Majority of U.S. Workers Considering New Jobs Due to Inflation

Jobs Recovery in the U.S. Moving on to a New Phase

An encouraging 431,000 jobs were added to the U.S. economy in March - shy of forecasts but a strong indicator of recovery nevertheless. The unemployment hit 3.6%, down from 3.8% in February and a 'pandemic-era low'. There is now a 1.6 million job difference between the economy now and that of February 2020, before the pandemic largely impacted the United States. In February, job openings were up 43% year over year in February with 11.3 million openings – a near record level. “Job openings fell by 63,000 in “finance and insurance” and by 39,000 in “nondurable goods manufacturing.” However, they rose by 32,000 month over month in “arts, entertainment, and recreation.” Other sectors where job openings rose included “educational services,” up 26,000, and the “federal government,” up by 23,000.” In March, US jobs were up 455,000 from February per the ADP National Employment Report. The “leisure and hospitality” sector topped it off by adding 161,000 [...]

By |2022-04-01T14:43:03+00:00April 1st, 2022|Categories: Talent Acquisition Trends|Comments Off on Jobs Recovery in the U.S. Moving on to a New Phase

Learning & Development Budget Increase to Continue

Global companies continue to work toward gender equality – 18 out of 3,895 participating in a recent survey say they qualify as gender balanced…that’s up from 10 last year. Pay parity, parental leave policies, and the number of female executives are some of the criteria considered. Women still make up less than 50% of the workforce, and only 18% of the executive level (up from 17% last year). Women in the CEO and CFO role comprise 5% and 13% respectively, 25% of senior management, and 37% of the workforce. While gender equality attempts advancement, women are experiencing high levels of anxiety regarding their careers. Even though 84% of women feel they are skilled enough to take their career to the next level, their anxiety holds them back. Over 50% of Gen Z feel anxious about the job with 34% stating their ‘skill set was not usable in the workplace’ and 33% feeling ‘their next career [...]

By |2022-03-25T17:58:00+00:00March 25th, 2022|Categories: Talent Acquisition Trends|Comments Off on Learning & Development Budget Increase to Continue

See Ya, Tech Hubs: ‘Zoom Towns’ On the Rise

Workers within the ‘Great Resignation’ or ‘Great Reshuffling’ who quit their jobs last year cite low pay, no advancement opportunities, and feeling disrespected in the office as the top reasons for leaving. Around 31% of those that left their jobs noted they did so due to coronavirus impacts such as childcare challenges. The lowest jobless rates seen since 1976 were posted by 10 states in the U.S. in January. Check out the list: Arkansas, 3.2% Georgia, 3.2% Indiana, 2.4% Kansas, 2.6% Mississippi, 4.6% Montana, 2.7% Nebraska, 2.2% Oklahoma, 2.7% Utah, 2.2% West Virginia, 4.1% So-called ‘Zoom Towns’ are on the rise! As the pandemic has accelerated the growth of remote work opportunities, many workers, notably those in tech, are moving away from traditional tech hubs and into midsized cities that are more affordable. San Francisco, Austin, and Seattle are responsible for almost 50% of the tech job growth in the U.S. between 2015 and 2019…but [...]

By |2022-03-16T18:17:45+00:00March 18th, 2022|Categories: Talent Acquisition Trends|Comments Off on See Ya, Tech Hubs: ‘Zoom Towns’ On the Rise

Employees Moving on to New Opportunities Find Lucrative Pay

When the Gen Z demo job hunts, the top two factors they consider when looking at a job opportunity are ‘increased learning opportunities and training. The option to learn new skills and to practice these new skills holds a lot of weight during the job search process. On the other hand, Baby Boomers ranked values alignment and better pay or benefits ahead of learning opportunities. Leaders in HR are not immune to job burn-out, especially in this employment climate. More than half reported experiencing burn-out in a recent survey. Of those, 72% are hunting for their next job opportunity. The biggest challenge for HR leaders? Managing or implementing leadership demands – even though they may feel supported, typically miscommunication abounds on objectives and goals, leading to obstacles. The Waste and Recycling industry continues to feel the labor shortage pain. A driver shortage was felt before the pandemic and has been exacerbated since. It costs around [...]

By |2022-03-10T16:40:10+00:00March 11th, 2022|Categories: Talent Acquisition Trends|Comments Off on Employees Moving on to New Opportunities Find Lucrative Pay

Median Cost Per Job Posting Increased by 43%

Jobs growth sped up in February 2022 with the most jobs added to the U.S. economy since July 2021. In Feb, 678,000 jobs were added, ahead of economists' forecasts. The unemployment rate fell from 4% in January to 3.8%. On March 1, President Biden discussed workforce issues and inflation as part of this State of the Union address. He encouraged employers to avoid decreasing wages as a reaction to inflation. He went on to highlight that 6.5 million jobs were added to the U.S. economy last year, "More jobs in one year than ever before in the history of the United States of America," he said. This was attributed in part to a recharge in manufacturing and mentioned the huge semiconductor fabrication plant in Ohio with Intel as investor. In order to boost wages and benefits, Target is looking to spend up to $300 million, including raising the hourly rate from $15 to between $15-$24 [...]

By |2022-03-04T21:21:46+00:00March 4th, 2022|Categories: Talent Acquisition Trends|Comments Off on Median Cost Per Job Posting Increased by 43%

Investment Banks Increasing Entry Level Pay to $100K+

In-demand positions in critical industries demand rising salaries, especially for midlevel employees within manufacturing and logistics. Roles including CNC programmers, molders, plant managers, and logistics managers are especially impacted with significant increases in salary. Investment banks in particular are offering higher salaries. For example, Morgan Stanley and Goldman Sachs increased their annual first-year pay to $110,000 – other banks have followed suit increasing entry-level banker’s annual pay to $100,000. More than half, (60%) of businesses in light industrial are finding it challenging to keep up with rising demand in 2021 – including staff retention during the ongoing labor shortage. Because of the labor shortage, 31% of respondents to a recent survey said they had to give up some business opportunities. Another 39% stated they are turning their focus toward increasing headcount. As part of a staff retention strategy, 72% of respondents increased pay – the average raise for hourly full-time light industrial staff was $2.54. [...]

By |2022-03-03T18:11:30+00:00February 25th, 2022|Categories: Talent Acquisition Trends|Comments Off on Investment Banks Increasing Entry Level Pay to $100K+

40% of Senior Managers: Candidate Ghosting Increasingly More Common

Over 30% (34.5% to be exact) of private-sector employers increased remote work due to impacts felt from the pandemic. That climbed to over half for industries such as business services, financial activities, educational services and the information industry. Changes to compensation and benefits also felt a big stir with almost 15% private-sector employers raising base wages. The industry with the highest wage increase? That honor goes to the accommodation and food service industries – at almost 35%! That’s just about 15% more than retail which was second on the list of wage increases. As well, about 25% of private-sector employers started to offer flexible or staggered work hours due to the pandemic. Reskilling is where it’s at…at least according to leaders in talent acquisition. Recruiting, upskilling, and DEI training are top areas of interest and are forecasted to continue to be for the next three years. Reskilling, sourcing talent, and multiskilling continue to be three [...]

By |2022-02-17T21:05:11+00:00February 18th, 2022|Categories: Talent Acquisition Trends|Comments Off on 40% of Senior Managers: Candidate Ghosting Increasingly More Common

Staffing Becomes Top Concern for Hospital CEOs

In 2021, labor shortages were the biggest obstacle hitting hospital CEOs. This marks the first time since 2004 that financial challenges fell from being the #1 challenge. More than half, 63%, of employees have reported a lack of pay transparency from employers, according to a recent survey.  On top of that, workers aren’t comfortable asking any questions about it. Of those that did ask (49%), half said their manager couldn’t come up with an answer to fully fulfill the question to their liking. The TechServe Alliance, the national trade association of the IT and engineering staffing and solutions industry, reported that the IT sector increased by only 4,000 jobs in January. That’s an increase of .08%, for more than 5.4 million jobs total. Even though 467,000 total jobs were added across industries, technology-related job increases were at a standstill. When looking at yearly growth, IT employment has risen 2.35% since January 2021 (adding 124,400 IT [...]

By |2022-02-11T17:07:00+00:00February 11th, 2022|Categories: Talent Acquisition Trends|Comments Off on Staffing Becomes Top Concern for Hospital CEOs

C-Suite Execs List Their Top Concerns for 2022

Almost half (48%) of C-suite execs list ‘identifying talent acquisition and retention challenges’ as the top concern in 2022.  Next up are ‘supply chain disruptions and vulnerabilities’ (32%), and ‘new COVID-19 variants (29%).  Hiring and retaining talent is a huge driver of growth this year per 77% of execs. ‘Identifying digital transformation initiatives’ and ‘identifying increasing agility to better operate in a turbulent business environment’ were listed next at 60% and 56%, respectively.  Regardless, less than half have a plan of attack at the ready to handle hybrid work options, increase career advancement and upskilling opportunities, and increase employee compensation or improve benefits. In the January jobs report released today, the U.S. economy added 467,000 jobs, obliterating the 150,000 Wall Street forecast. Leisure and Hospitality made the biggest upward stride, with professional and business services as well as retail showing big gains as well. Wages increased 0.7% for January and 5.7% for the year. Job [...]

By |2022-02-04T18:12:03+00:00February 4th, 2022|Categories: Talent Acquisition Trends|Comments Off on C-Suite Execs List Their Top Concerns for 2022