Entrepreneurship

Ways for employers to help bridge the nation’s skills gap

Ways for employers to help bridge the nation’s skills gap

The U.S. Bureau of Labor Statistics issued a summary of the latest Job Openings and Labor Turnover metric called JOLTS. Here’s the big takeaway: after 15 straight months of more than 10 million job openings, the nation’s skills gap is clearly taking a toll – a crisis that American Staffing Association President and CEO Richard …

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In the face of recession fears, it’s time to reinforce worker investments 

In the face of recession fears, it’s time to reinforce worker investments 

These are challenging times for corporate and gig workers alike, suggests a recent report that reveals their respective fears over the prospect of a U.S. recession. I’m actually seeing this firsthand. Many people who are coming onto our gig-work platform already have full time jobs but want to earn extra income to pay for basics …

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Should quick quitting result in training repayments

Should quick quitting result in training repayments?

A friend recently sent me an article about training repayment agreement provisions known as TRAPs. Under these arrangements, workers must reimburse their employer for training if they leave their job within a year or so, or even sometimes if they’re laid off. TRAPs were used mainly for very specialized types of roles like an engineer …

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The Keys to Successful Video Production and Entrepreneurship with Joshua Pies

Joshua Pies started selling and earning $1,600 at four years old selling key racks. At 21 years old, he owned a snow-plowing business with 35 employees at 21 years old. Eventually, he entered the video production world and established his name there. Born with an entrepreneurial mind and a relentless spirit, Joshua had taken his …

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Proposed gig-economy rule should address what workers want

Proposed gig-economy rule should address what workers want

The U.S. Department of Labor recently proposed that independent contractors who are economically dependent on a particular company reclassify as W2 employees. If implemented, it would drastically alter the increasingly popular gig-economy model, which has grown exponentially in just the past two years. The beauty of freelance assignments is that they enable people to work …

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Pondering a safe return to offices as we transition to an endemic

Pondering a safe return to offices as we transition to an endemic

After Labor Day, many large employers asked people to return or implemented a hybrid of remote and in-person work. Google now has a mandatory three-day workweek in the office. But there is one glaring concern: exposure to COVID-19, which is still marching to a drumbeat of new infections as we head into colder weather when …

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Why gig work is so appealing to so many working Americans

Why gig-work is so appealing to so many working Americans

This is the best job market for American workers in my lifetime. The unemployment rate is very low at only 3.7%. There are more than 11 million job openings. And wages are rising at their fastest pace ever due to inflation. Amid this backdrop, as many as 88% of people recently polled would actually consider …

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Leaders must be nimble when responding to changing market forces

Leaders must be nimble when responding to changing market forces

The U.S. economy couldn’t possibly be stranger than it is now. Employers are adding more jobs, but there are still tons of openings, especially in service industries, coupled with rising inflation and recession fears. Several trends leading us in this direction were already in motion prior to the pandemic, which exacerbated the situation when people …

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