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7 Predictions for 2014

Monday, January 6th, 2014

Bob Funk, Chairman and CEO of Express Employment Professionals, released seven predictions for 2014 related to jobs and the economy.

“As for the future of jobs in America for 2014, I see little change in the unemployment rate. At the same time, I see the number of temporary workers achieving an all-time high and skilled workers will remain hard to find and in high demand,” said Funk, the former Chairman of the Kansas City Federal Reserve. “I’ve been in the staffing business for nearly 50 years and certain trends are clear – the most notable is widespread uncertainty in the labor market. It will remain the driving force in 2014.”

  1. The national unemployment rate will not change very much.
    The rate dropped from 7.9% at the beginning of 2013 to 7.0% now, but Funk believes 2014 will end with a rate between 6.7% and 7.2%, little changed from its current rate.
  2. The labor force participation rate will stay stuck at 1970s levels.
    The current participation rate of 63% will fluctuate in a range between 62.6% and 63.5% by the end of 2014, little changed from its level in 1978. This is a troubling sign that many people have given up looking for work. Read More→

In October, we asked how you plan to handle the extra workload many businesses experience during the busy holiday season. From increased business volume to employees taking time off to be with family and friends, the fourth quarter often brings about a variety of productivity challenges.

Surprisingly, a majority of respondents either “don’t make any adjustments to their workforce” (35%) or “offer overtime and incentives to their current staff” (34%). “Hiring seasonal/temporary workers through a staffing firm” came in third with 21% of the votes, followed by “hiring full-time employees” and “outsourcing projects” at 4% and 2%, respectively.

Some respondents chose the “other” option and gave a variety of suggestions, including:

  • Prohibiting vacations in the month of December
  • Creating a system for allotting time off
  • Hiring summer students back
  • Working overtime without increase in pay/incentive

One industry that is often most affected by increased business volume during the holiday season is retail. Read More→

Categories : Surveys & Polls, Trends
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Turnover Isn’t the Exception – It’s the Norm

Thursday, September 19th, 2013

Is high turnover affecting your business? Depending on your industry, it may not be as big of a problem as you may think. In a recent report by Express Employment Professionals, new findings reveal certain fields in which longevity is an asset, while in other fields, turnover is not a problem. In the nation-wide survey, results showed longevity matters most in accounting and high turnover is least impactful in the industrial and information technology fields. The report is the eighth installment in a series of releases titled “America Employed,” which explores the state of employment and unemployment in America today.

Express CEO and chairman of the board Bob Funk commented further on the trending shift in the American workforce. “There was a time when Americans tended to find a job and stay with that company through retirement. That’s not the economy of the 21st century. Turnover isn’t the exception; it’s the norm,” said Funk. “But not all jobs are created equal: longevity is still valued in some sectors, and it’s important to know where.”

Longevity vs. Turnover

Respondents of the survey showed the top fields where it’s most important to stay at a company for an extended period of time are Accounting and Finance; Professional; and Engineering, Manufacturing, and Technical. According to those who responded to the survey, the fields in which turnover hampers career development the least are Industrial and Information Technology. Read More→

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Funny Business

Wednesday, September 11th, 2013

Humor may be the difference between getting a second interview or not getting a second glance. According to a recent study by CareerBuilder, 27% of surveyed hiring managers said they would be more likely to consider one candidate over another if that job seeker had a better sense of humor. Coming in at a close second was community involvement, receiving 26% of the poll share. The study also showed certain behaviors that take candidates out of the running. Check out the study here to find out the full results.

CareerBuilder Study Reveals Surprising Factors That Play a Part in Determining Who Gets Hired

Hiring employees who aren’t the right fit for your organization can cost time and money, so it makes sense for hiring managers to have certain types of people they lean toward and certain behaviors they tend to avoid. Are there certain factors or behaviors that would help you choose between two job seekers? Let us know in the comments section below!

New Survey Sheds Light on Non-College Grads in the Workforce

Thursday, September 5th, 2013

More young people are attending college than ever before. And according to a Pew Research Center report, one-third of Americans aged 25 to 29 have bachelor’s degrees, up from 28% in 2006. With a growing saturation rate of college attendees, there is high competition for jobs among recent grads. However, there is a handful of growing industries with eyes on non-graduates. According to a recent report by Express Employment Professionals, 90% of respondents cited the Industrial sector as the hottest field for workers without a four-year degree. Office Services (84%), Sales and Marketing (62%), Health Care (42%), and Home Help (37%) round out the top five. “The tough economy means job opportunities for non-college graduates may be limited, but some fields are hotter than others, and good jobs can be found there,” said Bob Funk, Express CEO and chairman of the board. To explore this more, Refresh Leadership is taking a closer look at some benefits of hiring workers without a college degree. Read More→

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Beyond Disengaged: The Employees You Should Be Worried About

Tuesday, August 6th, 2013

Since the Great Recession, employee engagement has become a hot topic in the business world. Over the last five years, research has shown that everyone is struggling with their engagement levels, and even top executives aren’t immune. A Fortune 500 executive told a Forbes reporter, “I am burned out and tired of the nonsense… I am not inspired to put in the extra hours – as I don’t have any real incentive. I just do my job well, play the political game, smile, and get my check.”

That type of disengagement isn’t good for anyone, whether an executive, administrative assistant, employer, or employee, but it shouldn’t be your biggest worry. There is another level of engagement – known as actively disengaged – that goes beyond the usual lack of passion found in unmotivated workers. This mindset is toxic and, if left unchecked, could spread and destroy your entire business. Read More→

Although many economic indicators have shown a gradual upswing in activity recently, businesses are still wary of hiring new full-time workers, opting instead for more dependence on temporary labor. Add in the recent modifications to provisions of the new health care reform, originally set to be put into full effect Jan. 1, 2014, and business leaders have a lot to contend with as they continue to build their companies and establish growth strategies.

Check out this segment from Fox Business’ Markets Now report, which features commentary from an Express Employment Professionals franchisee, for some additional insight into why businesses will likely continue to lean heavily on support from staffing companies:

Fox Business Markets Now Report

Does your company use temporary staffing services? If so, how does it help maintain your productivity? Let us know in the comments section below. Read More→

Is Working from Home the Best Choice for Productivity?

Wednesday, July 10th, 2013

According to a recent Harris Interactive poll, 85% of workers say working from home “enables employees to balance work and family needs.” However, nearly the same amount (81%) said “an office setting improves communication/collaboration.”

Check out the full results from the Harris poll:

Is Working From Home Really Just Watching TV in Sweats or Increased Productivity?

What are your thoughts? There seem to be just as many benefits as there are drawbacks to working from home or telecommuting to the office each day. In most cases, it likely comes down to the type of business you’re in or your company’s corporate culture.

Does your company allow its employees to work from home? If so, how does it impact productivity? Let us know in the comments section below. Read More→

Bad Customer Service Makes a Lasting Impression

Wednesday, June 19th, 2013

Customer service can make or break your company. In fact, for many companies, customer service has become a top marketing tactic that yields impressive results. Southwest Airlines, for example, is renowned in the business world and among its customers for its stellar customer service practices. So, what could bad customer service actually cost your business? Check out this infographic from Help Scout for some insight into the hefty toll a bad customer experience can have on your company. Read More→

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Longer hours and high levels of stress in the workplace are contributing to the expanding waistlines of many office workers. A recent study by CareerBuilder found that 55% of workers consider themselves overweight. Among the jobs with the highest percentage of weight gain, administrative assistants, engineers, and teachers make up the top three. The lead causes of workplace weight gain include sitting behind a desk all day, stress eating, and eating out regularly. Check out the full results of the study:

Teachers, Engineers, and Scientists Among Most Likely to Gain Weight on the Job, CareerBuilder Survey Finds

Do you struggle with weight gain at work? What has helped you take control of your health? Let us know in the comments section below? Read More→

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