Implications of the pandemic on wages
Experts predict that the COVID-19 pandemic is going to have a disastrous impact on wages, irrespective of the economy reopening. This will be owed to the downward shift in the US GDP, which will have a cascading effect on wages. BLS had predicted 8.4 million new jobs would be added between 2018 and 2028, out of these, 4.6 million are low-paid, personal service jobs in retail, security, sanitation and healthcare. This group will be affected the most. Read the whole article to get a better understanding.
Category
Change Management
HR Software
Work Life Integration
Opening
Career Development
Payroll
Flexible Spending Account
Workplace Wellness
Executive Compensation
Closing
Electronic Records Management
Recruiting
Workplace Security
Employment Branding
Communication
Termination
Organizational &
Salary Surveys
Intellectual Property
Mentoring & Coaching
Contemporary Issues
Parental Leave
Environmental Health Hazards
Learning & Development
Health Savings Accounts
Severance Pay
Compensation & Benefits
Employee Data Privacy
Retirement & Recognitions
Family & Medical Leave
Onboarding
Policies & Practices
Age
Communicable Diseases
Inclusion, Equity &
Work Visas
Open Enrollment
Eligibility Verification (I-9)
Disability Benefits
Religion & Spirituality
Risk Management
Employment Offers
Disaster Preparation & Response
Benefits
Pay Equity
Background Checks
Paid Leave
Analytical Aptitude
Bonuses & Incentives
Time Worked
Tags
Article
Financial steps to consider before quitting your job
Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...
A Quick Look at The Great Resignation
The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...
Don’t Fall Prey to These Job Scams
When people are looking frantically for employment, scammers get a chance to exploit their weakness ...
Driver Jobs to Watch Out For
If you love being on the road, if you love driving with the wind rushing through your hair, if your ...
Comments