The global workforce decreased by 4.15% in 2024, with a notable 15% drop in AI jobs, according to a report from workforce intelligence firm Aura. The US fared better, with a 7.2% decline in AI positions. Workforce reductions were largely due to spending cuts in major markets and declining labor participation, according to the report. Remote job listings fell by 20% as companies shifted back to in-office work. Full Story: CFO (5/19)
Uncover The Hidden Cost of Talent According to a recent Gallup survey, 49% of employees say they are watching for or actively seeking a new job. Finding and keeping top talent comes at a cost. Learn about the hidden costs of hiring and maintaining a high-performing team. Download the Report »
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Recruiting & Retention
Mod Op focuses on continuous learning to retain talent Mod Op Chief People Officer Jean Kouremetis emphasizes the importance of continuous learning to improve talent acquisition and retention, particularly as the company adapts to AI and automation. "Additionally, we offer opportunities to work on cross-department client projects, allowing employees to expand their expertise, collaborate with new teams and keep things fresh," says Kouremetis, who adds the company also offers in-office, hybrid and remote work options. Full Story: StrategicCHRO360 (5/16)
Support teams after layoffs with training, skill development Mass layoffs in 2023 and 2024 have left remaining employees facing increased workloads and job insecurity. Human resources can help by identifying skill gaps and providing training, which can boost morale, confidence and productivity. Full Story: Training magazine (5/19)
Benefits & Compensation
Survey: Uncertainty hindering financial decisions "The great decide," a term describing the critical financial decisions Americans face as they approach retirement, is being hindered by a lack of confidence, research suggests. Nearly 70% of respondents to a survey from the Employee Benefit Research Institute and Greenwald Research cited economic uncertainty as a barrier to making significant financial moves. Full Story: InsuranceNewsNet Magazine (5/19)
Productive discussions begin with openness -- casting ego aside, examining ourselves and giving weight to other perspectives, Jeff Goins writes. This is especially true when trying to convince someone to take certain action, he says. "You have to be receptive to other people's ideas before they'll ever listen to yours. To change someone's mind, you have to be willing to change your own. Only then do you have any hope of winning someone over to your cause," Goins writes. Full Story: Substack/The Ghost (5/16)
SmartBreak: Question of the Day
New York cabbie Jacob German got a speeding ticket on May 20, 1899, driving a car powered by what?
