From Our Blog:
With the city of Los Angeles raising its minimum wage, many are worried how this may impact a business' bottom line. Los Angeles isn't the first city to raise the minimum wage. We've already seen cities like San Francisco, Chicago, and Seattle approve increases and dozens more are considering doing the same.
With wages increasing, companies are going to have to come up with creative ways to retain attrition and manage hiring. Many companies will have to take an internal look at their recruiting tactics as they are feeling pressure to increase their internal wages for entry level positions. ... read more
Graduation season is upon us and many graduates are beginning to prep for the “real world.” Looking for your first job is overwhelming and can be quite daunting, but it doesn’t have to be. If you possess the sought after skills in your desired field then grabbing your first job should not be as overwhelming as anticipated. What is most important is that you decide if the job is a fit for yourself. ... read more
Volvo Car Corp later this year will break ground on a $500 million factory in the U.S. and this deal could lead to 4,000 direct jobs in South Carolina, where unemployment is falling but remains higher than national rates. In recent years, we have seen the automotive industry be a front runner in increasing jobs nationally and internationally. Volvo’s expansion is one of the many corporations that has contributed to job growth in the U.S.
The South is becoming a popular destination for automotive investment and has the potential to compete with the “magnet” factory areas like Mexico. According to Paul Harty, president of the Boston-based recruitment firm Seven Step RPO, “There is a war for manufacturing talent and the South sells well.” ... read more
In mid-February, the CEO of Walmart announced that the company, long pilloried for its low wages, would be raising its starting pay to at least $9 per hour and increase it to $10 per hour next year. This move followed on the heels of an announcement the prior day that retailer Gap, Inc. was raising its minimum starting wage to $10 per hour. A month prior, the CEO of health insurer Aetna announced that it would be raising its minimum starting wage to a whopping $16 per hour resulting in an average of an 11 percent raise, and as much as a 33 percent increase for some.
What could possibly be driving this seeming flood of generosity from some of America’s largest and most successful companies?
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Employment brand is becoming just as important as the company brand itself. We’re seeing a lot of companies shift their focus on communicating how authentic their employee’s relationship is with the brand. The foundation of a company’s culture lays within its people and HR departments are realizing the importance of fostering an open and authentic recruitment strategy. It reflects on the brand and how the company culture will work as a unit. ... read more