The official unemployment rate is now at 4.3 percent – the lowest the benchmark jobs rating has been since mid-2007. Which means employers nationwide have been having to hire and promote against a stiffer marketplace for talent. Nearly across the board, employers are being forced to sweeten pay and benefits packages and work-life balance arrangements for […]

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Health insurance giant Aetna is the latest major employer to join the growing list of companies to offer student loan repayment assistance as an employee benefit. Beginning in 2017, the company’s 50,000 full-time workers will be eligible for matching student loan payments of up to $2,000 per year, up to a cap of $10,000 per […]

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Competition for talent is getting more intense. Last month’s positive jobs report was great news, but it also means that employers are going to have to step up to the plate and offer a compelling value proposition in order to recruit and retain the best talent. Fall behind and it will be your competitors, not […]

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Not all of us are fortunate enough to have access to Roth 401(k) accounts. Only a fraction of employers who offer 401(k) plans make Roth accounts available to their employees. But recent surveys indicate that even when Roth accounts are offered, employees have yet to embrace them. Fewer than 10 percent of plan participants who […]

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Nobody’s perfect. Everyone flubs a job interview now and then. Maybe you stammer a bit getting some information out there. Maybe a question flusters you a bit. Most of that is small stuff. As long as you’re honest, genuinely qualified for the job, and you aren’t committing one of these seven job interview mistakes, you’re […]

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According to a report from Milliennial Branding and Beyond.com, The Cost of Millennial Retention, companies report that it costs them an average of $15,000 and $25,000 to replace every millennial employee they lose. Multiply that by your annual turnover rate times your headcount and it’s obvious – turnover is tearing businesses’ guts out by the […]

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In the all-out war for workforce talent, social media and electronic devices have become a critical battlefield. That’s the thrust of a recent report from the Society for Human Resources Management (SHRM), Using Social Media for Talent Acquisition – Recruiting and Screening. Researchers surveyed some 410 HR professionals from their membership ranks and asked about whether […]

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Are millennials underemployed?

Are Millennials Underemployed?

February 11, 2016

Despite the long hangover after the Great Recession, millennials are not, by and large, mired in low-skill, low-wage service jobs, according to a new study from the New York Federal Reserve. As the Fed’s Liberty Street Economics blog puts it: “Working as a barista after college is not as common as you might think.” The […]

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Employer-sponsored student loan repayment assistance programs are becoming more and more common among organizations that pride themselves on great compensation and benefits. In many instances, employees who work for these companies owe a tremendous amount in student loans – they are often lawyers, or have master’s degrees that helped them land jobs with such reputable […]

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