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
Employee Data Privacy
Learning & Development
Job Descriptions
Ethical Practice
Inclusion, Equity & Diversity
Workers' Compensation
Organization & Employee Development
Retention
Disaster Preparation & Response
Religious Accomodations
Performance Management
Workforce Planning
Employment Contracts
Age
Onboarding
Flexible Spending Account
Opening & Closing
Recruiting
Educational Assistance
Work Life Integration
Workplace Harassment
Change Management
Career Development
Leave Management
Open Enrollment
Networking
Bonuses & Incentives
Policies & Practices
Employee Resource Groups
Whistleblowing
Affirmative Action
Sexual Orientation
Mentoring & Coaching
People Management
Artificial Intelligence
Teamwork
Closing
Parental Leave
Mental Health Benefits
Opening
Electronic Records Management
Retaliation
Employment Branding
Employee Handbooks
Hiring
HR Careers
Cybersecurity
Business Continuity
Social Media
Fiduciary Duty
Tags
Article
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 ...
Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?
Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...
You Think You Have Earned It? Here is How to Ask for a Promotion
Nearly 62% of employees in the managerial levels are satisfied with their jobs. Although they have ...
Effective Ways to Stay Productive While Telecommuting
Remote working is not a new thing in the US but a lifesaver in the current situation when social di ...
Comments