Employment Summary for March 2022 (from BLS Report)

Meeting analysts’ expectations, the U.S. Bureau of Labor Statistics (BLS) reported the economy added 431,000 jobs in March. Unemployment continued to decline, now reported at 3.6 percent. Among the college-educated civilian workforce the unemployment rate was 2.0 percent indicating a continued tight labor market.  The labor-force participation rate among the college-educated cohort rose to 72.8 percent. Today’s Wall Street Journal noted that household savings are declining, which is likely pressuring some individuals to rejoin the labor force to collect a paycheck, especially as prices rise briskly for gasoline, groceries and rent, perhaps adding to the full employment picture.

Teleworking declined again in March to 10.0 percent versus 13.0 percent in February as easing COVID-19 restrictions and changes in employer policies brought more people back to the workplace.

“The March BLS employment growth report comes as no surprise to our Network of over 1500 executive recruiters in offices throughout the U.S. Despite economic headwinds, the specter of growing inflation and geopolitical uncertainty we continue to see robust demand for talent in our clients’ organizations in every sector of the economy,” said Bert Miller, President, and CEO of MRI one of the world’s leading search and recruitment organizations.

“I have been immersed in the world of talent for 37 years; ten in corporate America and the last 27 in recruiting. Through recessions, periods of slow steady growth, and in rapid expansion cycles there has been one reoccurring challenge to talented performers in even top organizations.  Individuals tend to get ‘comfortable’ — they stop intentional learning.

We coach talented executives, managers, professionals, and even technical-based workers to look past current economic conditions and to avoid complacency — to keep their eyes open to who they can become. Complacency in any position leads to mediocrity and mediocrity leads to missed business opportunities and to fewer career options.

Our advice is simple. Be intentional, disciplined and never lose that curiosity to learn. Find who you can be without limitations. Top talent, at any career level, knows they could get that promotion, work with a dream organization, or even run a company.”

“All the constraints on the labor supply that were prevailing in 2021 have really eased,” said Lydia Boussour, economist at Oxford Economics. That is “a really important factor in driving that next leg of the recovery and getting employment back to where it was before the pandemic.”

Commenting on the overall health of the employment market despite the headwinds, Jefferies Group analysts Aneta Markowska and Thomas Simons noted, "It's premature to start the recession countdown. This does not look like a late-cycle economy ... It's a mid-cycle economy and the business cycle has room to run."

Employment in leisure and hospitality continued to increase, with a gain of 112,000 in March. Job growth occurred in food services and drinking places (+61,000) and accommodation (+25,000). Employment in leisure and hospitality continues to recover from its steep decline and is now down by only 8.7 percent, since February 2020.

Job growth continued in professional and business services, which added 102,000 jobs in March. Employment in this sector is now 723,000 higher than in February 2020.

Employment in retail trade increased by 49,000 in March, with gains in general merchandise stores (+20,000) and food and beverage stores (+18,000).

Manufacturing added 38,000 jobs in March. Employment in durable goods industries rose by 22,000. Nondurable goods manufacturing added 16,000 jobs over the month, including a gain in chemicals (+7,000).

Employment in construction continued to trend up in March (+19,000). Also in March, employment in financial activities rose by 16,000, with gains in real estate and rental and leasing (+14,000). Employment in both of these industry segments is now at or above pre-pandemic levels.

Employment in healthcare and in transportation and warehousing was essentially unchanged in March following large gains in these sectors in the prior 2 months.

“Talented performers open their eyes wider than they thought possible — remove any blinders and seek a view that seems far away and yet, is within reach.

They are curious and intentional about learning and recognize where obtaining new skills and up-skilling will provide a clear career advantage.

None of us are what we can become. Eyes open and keep looking and working to see who you can become — you might just find yourself in place that you had never dreamed,” noted Miller.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

'SHIFT Report (March) - Trending Topics in the World of Work_

Our March issue of SHIFT explores trends that will shape workplace volatility in 2022, pressing issues that face CEOs today, how organizations are evolving to the next stage of the digital economy, and the future of work beyond the job.

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Trends that Will Shape Work in 2022 and Beyond

We've been living through the greatest workplace disruption in generations and, according to an article in the Harvard Business Review, the level of volatility will not slow down in 2022. HBR identifies 11 underlying trends that will shape workplace volatility in 2022.

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PwC's 25th Annual Global CEO Survey

As the global economy continues to rebound from the depths of mid-2020, the 4,446 CEOs from 89 countries and territories who responded to PwC's 25th Annual Global CEO Survey display optimism about continued economic resilience, with 77% indicating that they expect global economic growth to improve during the year ahead, the highest figure on record since 2012, when PwC first began asking CEOs how they felt about the economy's potential. The survey delves into the pressing issues facing CEOs today and underscores just how full their "inboxes" have become.

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The Work Ahead: Digital First (to Last)

The Work Ahead is a research series providing insight and guidance on how organizations are evolving to the next stage of the digital economy. With the rise of new machines, new generations of talent and new business models based on insight and intelligence, the rules of global competition have changed. Now, these tectonic shifts are being further catalyzed and accelerated by the global pandemic. This comprehensive report outlines the most significant trends and tactics for businesses throughout the world to be aware of, and act on, to ensure a successful future for the future of work.

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Beyond the Job

Researchers at Deloitte are also considering the future of work and pose the following question: How do we go about organizing work beyond the constraints of the traditional job in a way that unleashes the potential of both organizations and people at scale and speed?

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The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

Employment Summary for February 2022

The U.S. Bureau of Labor Statistics (BLS) reported the economy added a robust 678,000 jobs in February as the unemployment rate edged down to 3.8 percent. Job growth was widespread, with notable gains in leisure and hospitality, professional and business services, healthcare, and construction. Among college-educated civilian workers, the unemployment rate declined slightly to 2.2% — near record lows.

Teleworking declined in February from January’s high of 15.4 percent to 13.0 percent as the labor force responded to easing COVID-19 restrictions.

“February’s BLS report continues to chart an ongoing jobs recovery since March 2020. More importantly it measures growth in skilled jobs as unemployment among college educated workers points to virtually full employment. The Chicago Fed’s February Letter has an interesting analysis that aligns with many of our executive recruitment team’s observations about the new world of work emerging as the COVID-19 threat fades and the economy continues to grow. Essentially the report concludes that millions of skilled workers quickly took the first job available in the months following the March 2020 COVID-19 plunge. Many of those new positions did not align with the job seekers skills, purpose nor did they find a compelling cultural match. These people as well as the thousands of executive, technical, professional, and managerial workers who were not impacted by layoffs see this recovery period as an opportunity to make a positive career change,” said Bert Miller, President and CEO of MRI.

“Some talent industry analysts have asked, 'why is so much of the workforce unhappy?' as if unhappiness was driving much of this job churn. Based on what our Network of over 1500 professional recruiters observes and what I see in the market, it is not unhappiness. It is a workforce that is not finding career fulfillment.

We spend a great deal of time at work. In many ways, our job defines what we are, how secure we feel, and to a certain extent, if we're able to actualize our dreams. When you're stuck in a job with no advancement potential, little stability, and earnings that don't reflect what you're worth, it's not a good place to be. When those priorities are met, people are more fulfilled.

It really comes down to building an attractive workplace culture through values — focusing on the things that are important to the top performers. We counsel our clients to focus on a strong hiring and individual brand, culture and core values.”

Jay Timmons, president and CEO of the National Association of Manufacturing noted a key factor in providing workers with a sense of fulfillment is a push to provide paths to ‘upskilling.’ "There’s hardly ever been more opportunities for future manufacturing workers. Innovators. Designers. Technicians. Creators," he commented. "To help workers advance in their careers, companies are investing in upskilling programs — so that people can keep improving their skills as technology advances throughout their careers.”

Wall Street Journal reporter Josh Mitchell provided context to the need for employers to create a more attractive workplace, “While virus infections have fallen sharply since their peak in mid-January, employers say they continue to struggle to find workers as they respond to a high level of spending from households. Though some workers have come off the sidelines in recent months, the labor force remains depleted, with many older workers having retired, immigration down sharply and some younger and middle-aged workers remaining at home.”

Employment in leisure and hospitality continued to increase, with a gain of 179,000 in February. Job growth occurred in food services and drinking places (+124,000) and in accommodation (+28,000). While continuing a robust trend in job creation, employment in this sector remains 1.5 million lower than in February 2020.

Professional and business services added 95,000 jobs in February, with job gains in virtually every sector including management of companies and enterprises (+12,000) and management and technical consulting services (+10,000). Employment in professional and business services is 596,000 higher than in February 2020.

Employment in healthcare rose by 64,000 and in construction by 60,000 in February.

Transportation and warehousing employment increased by 48,000 in February and is 584,000 higher than in February 2020.

In other industries, February employment rose by 37,000 in retail trade, 36,000 in manufacturing, and 35,000 in financial activities.

“People gravitate towards values-focused organizations, firms that offer flexibility, with leaders and team members who they enjoy working with every day. Talented workers want to work with firms that have compelling clearly stated purpose and values, enlightened leadership and yes, competitive compensation. These factors drive not only loyalty, but they also create an environment that drives true career fulfillment,” noted Miller.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

BLS Report: Employment Summary for January 2022

Total non-farm payroll employment rose by 467,00 in January, well above analyst’s estimates that had factored in a significant impact for the COVID-19 Omicron variant. Today’s U.S. Bureau of Labor Statistics (BLS) report also noted the unemployment rate edged higher to 4.0 percent. The unemployment rate for college-educated members of the civilian workforce increased slightly to 2.3 percent but still at a level indicating near full employment in this demographic.

Notable job gains occurred in multiple sectors, with the highest increase in leisure and hospitality.

The labor force participation rate data increased slightly to 62.2 percent but remained below the pre-pandemic level of 63.4 percent.

The percent of non-farm workers reporting that they teleworked at some point in the past four weeks jumped to 15.4 percent versus 11.1 percent in December 2021. The increase might be due to short-term effects of the jump in Omicron infections throughout January.

“January’s BLS report tells a short-term story about the effects of the Omicron surge as an estimated 9 million workers called in sick in early January and employee work-from-home rates increased. These factors clouded the jobs data forecasts. In our most recently reported month, December 2021, our MRINetwork of over 300 search firms and more than 1,500 recruitment professionals saw through the clouds. Network revenue from search assignments increased 25% versus the previous December. Our view is underlying demand for executive, technical, professional and managerial talent remains strong,” said Bert Miller, President and CEO of MRI. “I’ve been in the executive recruitment business for over 27 years and have seen economic cycles drive peaks and valleys in hiring demand. What I haven’t seen is top performing firms easing up on the hiring throttle as they continue to build best-in-class leadership, sales, marketing, and operations teams. Talented individuals are in demand today and will continue to be in demand through virtually any business cycle. That’s why we continue to help our clients to build and effectively communicate their hiring brand, culture, and core values to attract the best talent.”

Wall Street Journal reporters Sarah Chaney Cambon and Gabriel T. Rubin observed, “Many workers are reaping their largest pay gains in years, as companies compete for a limited pool of workers. Wage growth — at nearly 5% — is much stronger than the average of about 3% before the pandemic hit. They also quoted Luke Tilley’s, chief economist at Wilmington Trust Investment Advisors, observation that ‘The labor market is as tight as we have ever seen it.’

Goldman Sachs economist Spencer Hill noted that people who reported they couldn’t work because their employer closed or lost business due to the surge were likely offset by fewer-than-normal year-end layoffs as many companies were hesitant to let workers go amid widespread labor shortages.

Employment in leisure and hospitality expanded by 151,000 in January, reflecting job gains in food services and drinking places (+108,000) and in the accommodation industry (+23,000). This industry was among the hardest hit since the onset of the virus. Employment in leisure and hospitality is down by 1.8 million, or 10.3 percent since February 2020.

In January, professional and business services added 86,000 jobs across multiple segments. Job gains occurred in management and technical consulting services (+16,000), computer systems design and related services (+15,000), architectural and engineering services (+8,000), and other professional and technical services (+7,000). Employment in this industry is 511,000 higher than in February 2020.

Retail trade employment rose by 61,000 in January. Most of the job growth occurred in general merchandise stores (+29,000); health and personal care stores (+11,000).
Employment in transportation and warehousing increased by 54,000 in January and is 542,000 higher than in February 2020. In January, job gains occurred in couriers and messengers (+21,000), warehousing and storage (+13,000), truck transportation (+8,000), and air transportation (+7,000).

Employment in healthcare and wholesale trade continued to trend up +18,000 and + 16,000 respectively. Employment showed little change over the month in mining, construction, manufacturing, information, financial activities, and other services.

“At our recent MRINetwork leadership conference I repeated Nelson Mandela’s sage advice, ‘There is no passion to be found playing small — in settling for a life that is less than the one you are capable of living.’ Our advice to talented professionals both starting their careers and with decades of experience reflects that sentiment. The key factor differentiating why some candidates go on to run companies and live the life they want personally, professionally, and financially is overcoming self-limitation. Individuals have more control over their careers today than perhaps ever. We urge people to think big — think infinite and to be courageous enough to maximize and live the life you are capable.

“It’s clear from my vantage point that those who never limit themselves or play small are the people today’s leading companies will target. My best advice for any manager or professional ... Do not play small and Do not settle. If you do, you will limit yourself and be less than you are capable. Think big, be humble, tirelessly work on your game and be courageous,” noted Miller.

The full Bureau of Labor Statistics report can be downloaded here

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

SHIFT Report (February): Trending Topics in the World of Work_

Our February issue of SHIFT explores the top recruiting trends for this year, why so many individuals are quitting their jobs, how the pandemic has changed the outlook on industry, and dives into digital transformation in 2022.

Top Recruiting Trends for 2022

Appcast, a global leader in programmatic recruitment advertising technology and services, has issued its "Top Recruiting Trends for 2022" report. As organizations continue to navigate an unusual and unpredictable job market and employers struggle to meet hiring objectives, the report breaks down the latest labor and recruitment market trends, forecasts the future of hiring, and provides actionable guidance to help organizations prepare effective recruiting strategies for 2022.

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The Great Resignation: Why Everyone Is Quitting

A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quit rate to 3%, matching the high from September. The high quit rate is a symptom of the tight labor market where workers can quickly find a new — and potentially better — job.

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How Has the Pandemic Changed the Outlook on Industry?

IndustryWeek's editors asked contributors and business leaders to share how their outlooks have been changed by the ongoing challenges in the industrial world during the two years of COVID-19. Although a question as broad as "How has your outlook changed because of recent history?" generates a wide variety of opinions, the editors found that many respondents had similar thoughts.

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Digital Transformation in 2022

ZDNet, a business technology news website, identifies hyper-automation, hybrid experiences, distributed environments and explosion of data as some of the new challenges and opportunities facing all businesses today, as well as highlighting research on the seven key digital transformation trends that will shape the future of work in 2022 and beyond.

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The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

'SHIFT (January) - Trending Topics in the World of Work_

Our January issue of SHIFT explores what skills are needed in the new world of work, job attributes working adults personally prioritize, modern workplace trends, and why the "stay interview" is the next big trend of the Great Resignation.

Defining the Skills Citizens Will Need in the Future World of Work

As digital and AI technologies transform the world of work, today's workforce needs to learn new skills and to continually adapt as new occupations emerge. Research by the McKinsey Global Institute has looked at the kind of jobs that will be lost, as well as those that will be created, as automation, AI and robotics take hold. And it has inferred the type of high-level skills that will become increasingly important as a result. The need for manual and physical skills, as well as basic cognitive ones, will decline, but demand for technological, social and emotional and higher cognitive skills will grow.

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The American Workforce Index: Perspectives and Priorities

Populace, a Massachusetts-based think tank, recently conducted a survey of what U.S. workers want most — and least — from their jobs today. The goal was to gain an understanding of what people are willing to trade off in search of what they truly value from the world of work. The report reveals not only what job attributes working adults personally prioritize, but also what they believe others prioritize. Those expectations have repercussions for the workplace, the economy and American life at large.

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12 Workplace Trends for 2021/2022

A report from FinancesOnline discusses modern workplace trends to help businesses understand the initiatives that are shifting the workplace; redefine their workplace ethos; and create a positive, flexible, and collaborative culture tailored to the needs of today's worker.

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Why the "Stay Interview" is the Next Big Trend of the Great Resignation

According to a recent report by CNBC, businesses are on a hiring spree during the Great Resignation of 2021, with many lowering their standard qualifications, tapping boomerang employees, and taking a harder look at their "enthusiastic stayers." As retention efforts heat up, you'll probably hear more about the "stay interview." Think of it as the opposite of an exit interview, says CNBC: Instead of asking why an employee is quitting, a stay interview focuses on what motivates the employee to stick around, what could be better about their work experience and how they envision the next stage of their career within the organization.

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The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

BLS Employment Summary for December 2021

The U.S. added 199,000 jobs in December, well below analysts’ expectations. While today’s U.S. Bureau of Labor Statistics (BLS) report captures hiring activity that primarily occurred before the COVID-19 Omicron variant spread rapidly later in December, it still reflects resilience in the rapidly recovering labor market. For the full year, the U.S. economy added 6.4 million more jobs than at the end of 2020 — more than any year on record.

Notable job gains occurred in leisure and hospitality, professional and business services, and manufacturing. The unemployment rate declined 0.3 percentage point to 3.9 percent in December.

The labor force participation rate data remained flat versus the prior month at 61.8 percent in December.

The percent of nonfarm workers reporting that they teleworked at some point in the past four weeks was slightly lower at 11.1 percent, continuing a multi-month decline.

“Today’s BLS numbers show ongoing growth in job creation in most sectors of the U.S. employment market despite the challenges of the latest COVID-19 cycle. Our MRINetwork of over 300 search firms and more than 1,500 recruitment professionals continue to see record growth in assignments to place executive, technical, professional and managerial talent within our portfolio of clients ranging from small local firms to large multinationals,” said Bert Miller, President and CEO of MRI.

“This marks my third New Year’s Day as the leader of our almost 60-year-old Network, and I have never been as confident about the fundamental forces driving the search for talent among our clients. There is no better feeling in the world than being on a team of staffing advisors rowing in the same direction with relentless energy and focus as we improve our clients hiring brand, culture and core values with the top talent needed to transform their organizations.”

Writing in today’s Wall Street Journal, reporter Sarah Chaney Cambon notes, “[Virus driven] employee absences will likely hurt production and slow services without leading to widespread layoffs. Many economists expect employers to remain in hiring mode because they still have roles to fill amid strong consumer demand. Job openings are historically high, providing a bounty of opportunities for workers who are without work or seeking extra cash.”

Michael Pearce, senior U.S. economist at Capital Economics, suggests that two critical factors are at play in this month’s job growth data. To him, the numbers “suggest that worker shortages were becoming a bigger restraint on employment growth, even before the Omicron surge in infections, which could knock hundreds of thousands off payrolls in January.”

Employment in leisure and hospitality continued to trend up in December (+53,000). Employment in food services and drinking places rose by 43,000 in December but is down by 653,000 since February 2020.

Employment in professional and business services continued its upward trend in December (+43,000). Over the month, job gains occurred in computer systems design and related services (+10,000), in architectural and engineering services (+9,000), and in scientific research and development services (+6,000).

Manufacturing added 26,000 jobs in December, primarily in durable goods industries. A job gain in machinery (+8,000) reflected the return of workers from a strike.

Construction employment rose by 22,000 in December, following monthly gains averaging 38,000 over the prior three months.

Employment in transportation and warehousing increased by 19,000 in December. Job gains occurred in support activities for transportation (+7,000), in air transportation (+6,000), and in warehousing and storage (+5,000).

In December, employment showed little or no change in wholesale trade, mining, retail trade, financial, healthcare and government.

“2022 is not 2020 ‘too’, don’t let it feel like Groundhog Day. It is a brand-new year that the best organizations will leverage to separate from their competition as we start to see the winners emerge. We counsel our clients to make purposeful and intentional commitment in investing in people. The true winners provide a clear mission and north star that are built on a values-driven foundation and yes, within organizations that pay for the best talent,” noted Miller.

“Individuals have more control of their career than ever before. They seek companies that align with their scorecards and have the long game in mind. The world of work has only accelerated to where it was already headed, we just got here ten years early.”

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

BLS Employment Situation Report (for November 2021)

Economic fundamentals remained positive in November and were reflected in today’s U.S. Bureau of Labor Statistics (BLS) survey. The U.S. added 210,000 jobs in November, below analysts’ expectations and below the monthly job growth average of 555,000 so far this year. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. The unemployment rate declined by 0.4 percentage point to 4.2 percent in November.

While the Omicron variant threatens to slow future momentum, strong consumer demand and a labor force that remains smaller than before the pandemic should drive continued hiring gains in upcoming months. The labor force participation rate edged up to 61.8 percent in November but still is 1.5 percentage points lower than in February 2020.

The percent of nonfarm workers reporting that they teleworked at some point in the past four weeks continued to decrease. In November, 11.3 percent reported teleworking versus 11.6 percent in October and 13.2 percent in September.

“The BLS Data continues to inform us of solid job growth. Our MRINetwork of over 300 search firms and more than 1500 recruitment professionals provide real-time confirmation of a strong hiring environment as they continue to see record growth in assignments to place executive, technical, professional and managerial talent with their clients in every sector of the economy,” said Bert Miller, President and CEO of MRI.

“I have been fortunate to work and recruit in the consumer space for over 30 years and have seen many incredible things over that time, but nothing like the challenges and opportunities the consumer market and virtually every industry is seeing within the 2021 economy. Supply chain challenges, technology impacting every touch point, skilled labor shortages, accelerating work-from-anywhere models, and an economy roaring back from a covid induced shutdown are all driving talent demand. In this environment, we continue to counsel clients to look beyond short-term talent needs and consistently market their hiring brand, culture, and core values to attract the best talent,” noted Miller.

Taking a macro view of the employment marketplace, James Knightley, chief international economist at ING in New York commented, "There is clearly massive demand out there for workers. The bigger issue is the supply to meet that demand. If supply doesn't show any meaningful increase, that would suggest we are going to be in a situation where the labor market is going to continue to add to upside inflationary pressures."

Intelligence chief industry economist Carl J. Riccadonna observed the difference in job growth by education level, “The jobs deficit relative to February 2020, which currently stands at 3.9 million jobs, is entirely comprised of workers who lack a college degree. College-educated workers are now about 2% above their February 2020 employment levels and continue to see the strongest job growth, with high-school-educated workers still about 5% below pre-pandemic levels. Employment among workers with less than a high-school diploma actually declined over the last three months."

Professional and business services added 90,000 jobs in November. Job gains continued in administrative and waste services (+42,000), and in management and technical consulting services (+12,000) as well as in computer system design and related services (+10,000).

Employment in transportation and warehousing increased by 50,000 in November and is 210,000 above its February 2020 level. Job gains occurred in couriers and messengers (+27,000) and in warehousing and storage (+9,000).

Construction employment rose by 31,000 in November, following gains of a similar magnitude in the prior 2 months. In November, employment continued to trend up in specialty trade contractors (+13,000), construction of buildings (+10,000), and heavy and civil engineering construction (+8,000).

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

SHIFT Report (December) - Trending Topics in the World of Work_

Our December issue of SHIFT explores a study of remote work at Microsoft, driverless trucks in response to labor shortages, emoji etiquette at work, and holiday pay increase for flight attendants to prevent operational meltdown.

Study of Microsoft employees shows how remote work puts productivity and innovation at risk

A new study finds that Microsoft's companywide shift to remote work has hurt communication and collaboration among different business groups inside the company, threatening employee productivity and long-term innovation. This one of the key findings in a peer-reviewed study of more than 61,000 Microsoft employees published by Microsoft researchers in the journal Nature Human Behaviour.

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Driverless trucks – the way of the future?

One response to the growing labor shortage in the transportation industry is the introduction of driverless trucks. According to CNBC, Walmart recently announced that it has started using fully driverless trucking in its online grocery business, aiming to improve logistics, increase capacity and reduce inefficiencies — an objective that may have other sectors such as grocery deliveries and ride-share services jumping on the driverless bandwagon.

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Emoji etiquette at work

A survey of over 1,000 U.S. employees, conducted by Fast Company, reveals the latest findings on emoji etiquette — and which emoji you should never use. To explore workplace communication, 68 sample emails were drafted and each received feedback from 200 respondents. These drafts were written for a variety of scenarios, containing different emojis, tones and characteristics. Based on how these emails ranked in terms of their different communication elements, the survey reported on perceptions of professionalism and effectiveness.

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Staffing shortages prompt holiday pay increase for flight attendants

Other industries, such as the airlines, are taking aim at the labor shortage by offering pay premiums, a tactic that reflects the growing power of the employee in today's market. Employers recognize that they have to take decisive measures to ensure they can hire — and retain — the workers they need to keep their businesses in operation.

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The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

SHIFT Report (November): Trending Topics in the World of Work_

Our November issue of SHIFT explores the fastest growing and declining jobs over the next decade, 2021 technology trends, effectiveness of talent mobility, and empathy as a critical skill for leaders.

The Fastest Growing and Declining Jobs over the Next Decade

The U.S. Bureau of Labor Statistics (BLS) projects there will be 11.9 million new jobs created from 2020 to 2030, an overall growth rate of 7.7%, although some jobs have a growth rate that far exceeds that level. Drawing on this data, Visual Capitalist, a global online publisher, has compiled a series of graphics showing the fastest growing jobs — and those declining the fastest — and how much they each pay.

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Let Your Top Performers Move Around the Company

A recent article in the Harvard Business Review (HBR) on cross-functional management advises managers to actively move employees into different roles. Multiple studies on talent mobility show that this is one of the most underutilized, yet most effective, development and cultural enhancement techniques in companies today. The benefits are clear: Cross-functional collaboration increases; departmental cooperation is enhanced; innovation improves; and companies begin working more as one cohesive team instead of separate fiefdoms.

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2021 Technology Trends

Accenture, an Irish-based Fortune Global 500 company specializing in IT services and consulting, has published a comprehensive report on the technology trends that will shape the future. A sampling of these trends include: democratizing technology, multiplying the impact of complex ecosystems, and changing the workplace to avoid hindering the workforce.

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Empathy Is the Most Important Leadership Skill According to Research

Empathy has always been a critical skill for leaders, but it is taking on a new level of meaning and priority. New research demonstrates its importance for everything from innovation to retention. A recent article in Forbes cites several studies indicating that the reason empathy is so necessary is that people are experiencing multiple kinds of stress due to the pandemic and the ways our lives and our work have been turned upside down.

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The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com