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26 Mar Gig Economy Would Benefit from HR Leadership

Posted at 10:20h in Economy & Workplace
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Nearly 20 percent of all workers work in the gig economy, according to a 2018 NPR/Marist survey, and a Bankrate study found that number could be as high as 44 million. With the high number of Americans participating in gig work and the growing reports...

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06 Mar 2019 February Job Cuts: U.S. Employers Announced 76,835 in February

Posted at 04:42h in The Challenger Report
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The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls in February. That is 45 percent higher than the 52,988 cuts announced in January, according to...

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04 Mar Recent ADEA Ruling a Blow to Older Job Seekers

Posted at 08:42h in Economy & Workplace
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Age Bias Ruling: Older Job Candidates Not Protected by Age Bias Laws Published March 4, 2019 A recent U.S. Court of Appeals for the Seventh Circuit ruling dealt a blow to older job seekers, a cohort that often sees discrimination in labor practices. The ruling restricts age...

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04 Dec SVP David Pinette Hosts the Annual Philadelphia CEHRG Holiday Social

Posted at 12:55h in TeamChallenger
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    SVP David Pinette hosted the Annual Philadelphia Challenger Executive HR Group Holiday Social at Fogo de Chao in King of Prussia, PA. Both active and alumni members attended to network and celebrate the year. Thanks to all who attended! See you next year, and happy...

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30 May 2018 May Job Cut Report: Cuts Hold Steady at 31,517

Posted at 11:34h in The Challenger Report
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Published on: May 30, 2018 Job cuts announced by U.S.-based employers fell 12.6 percent, from 36,081 in April to 31,517 in May, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. Last month’s job cuts were down 4.8 percent...

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23 Apr Start-Up Activity Highest Since Q3 2013

Posted at 04:21h in Challenger Survey
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Published on: Apr 23, 2018  Perhaps seizing on a tax bill favorable to business, as well as a stable economy and tight labor market, job seekers chose to start new businesses in the first quarter of the year at the highest rate since the fourth quarter of...

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10 Apr 2018 March CEO Report: 341 First Quarter CEOs, Highest Since Q3 2014

Posted at 11:05h in CEO Turnover Report
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Although the 96 Chief Executive Officers who left their posts at U.S.-based companies in March was a 15 percent drop from the 113 CEO exits in February, this is the highest quarterly total since the third quarter of 2014, when 348 CEO changes were recorded,...

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05 Apr CNBC: #MeToo reveals stark differences among Republicans, Democrats on sexual misconduct at work

Posted at 05:57h in News
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Original Article "Indeed, half of companies have said they are reviewing their compensation policies to ensure fair pay for men and women in light of #MeToo and #TimesUp, according to a recent poll by Challenger Gray & Christmas."...

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04 Apr 2018 March Job Cut Report: 60,357 Cuts With Retail, Health Care Leading

Posted at 10:32h in The Challenger Report
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Published on: Apr 4, 2018 Job cuts announced by U.S.-based employers surged in March to 60,357, a 71 percent increase from the 35,369 cuts announced in February. Last month’s total is the highest monthly total since April 2016, when 64,141 job cuts were announced, according to a...

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02 Apr Challenger College Grad Outlook: STEM Majors Win Big, But Employers Want Soft Skills

Posted at 03:50h in College Grads
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With a tight labor market and skills shortages impacting a number of industries, the nation’s employers are sure to embrace the nearly 3 million students who will graduate with bachelor’s or associate’s degrees this May. The issue will be whether college grads have the requisite...

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