Press Releases

Posted 4 days 6 hours

While estimates suggest almost 4 million Boomers retire per year, survey after survey indicate that more Americans plan to continue working well into their retirement years. Employers who are currently scouring the labor force for available talent would be wise to tap into the older workforce, according to one workplace authority.

“The tight labor market means...

Posted 1 week 4 days

Turnover among the nation’s chief executive officers fell to the lowest level in almost 13 years last month as US-companies announced 72 CEO changes, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Last month’s total was 43 percent lower than the 128 chief executives who left their posts in...

Posted 2 weeks 3 days

The shortest month of the year saw a decline in layoff announcements, as US-employers announced plans to cut 36,957 jobs in February, 19 percent fewer than the 45,934 cuts announced in January, according to the latest report from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total was 40 percent lower than the 61,...

Posted 3 weeks 4 days

While President Trump has stated he will not fill out a bracket for this year’s NCAA tournament beginning March 14th, millions of workers across the country will likely spend company time researching teams and making their picks. This activity could cost employers over $600 million, according to one more conservative estimate.

More than 40 million...

Posted 1 month 2 days

Emboldened by favorable employment conditions and the continued availability of low-interest credit, the percentage of job seekers starting their own business increased to a four-year high in the final quarter of 2016.

An average of 7.4 percent of job seekers started a business in the fourth quarter. That was the highest quarterly average since the fourth quarter of 2013, when 8.6 percent...

Posted 1 month 1 week

After falling 21 percent in 2015, job cuts announced by employers in the U.S. technology sector increased by the same amount in 2016, according to a new analysis of layoff data by global outplacement firm Challenger, Gray & Christmas, Inc.

Employers in the technology sector, which encompasses computer, electronic and telecommunications firms, announced 96...

Posted 1 month 1 week

While the economy continues to add jobs at a healthy pace, it appears that more and more of those jobs are with contractors, subcontractors and outsourcing providers that handle an ever-expanding list of corporate functions, including compensation and benefits, information technology, marketing, and, in the case of one airline, reservations and baggage handling.

For corporations that farm out...

Posted 1 month 2 weeks

For the nation’s employers attempting to woo talent in the face of a tightening labor market, millennials most likely figure prominently in recruitment plans. However, companies that rely on the same old heart-shaped box of chocolate to attract talent could find themselves falling short, especially when it comes to reeling in young talent, according to one employment...

Posted 1 month 2 weeks

Turnover among the nation’s chief executive officers surged in January as 128 CEOs left their posts during the month, 29 percent more than the 99 CEOs who left at the end of 2016, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The January total was 2 percent lower than the same month a year ago, when 131 CEOs...

Posted 1 month 3 weeks

The new year started with an increase in corporate downsizing, as the nation’s employers announced plans to cut payrolls by 45,934 in January, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

January job-cut announcements were up 37 percent from December 2016, when planned...

Pages