Nearly 90% Of Small Businesses Are Labor Hoarding, New Study Finds


Nearly 90% Of Small Businesses Are Labor Hoarding, New Study Finds

Quick summary:

1. Labor hoarding usually occurs in a downturn or recession when businesses avoid layoffs at all costs and employees stay put due to job shortages.

2. The growing popular trend of labor hoarding is an effort of businesses to pump up benefits to ease ... [+] employee concerns of job insecurity and their own retention concerns of job shortages.

3. And in a recent Skynova survey a whopping majority of 1,010 business owners (21% large, 22% medium and 57% small businesses) say they are labor hoarding.

4. 40% of small business owners say they are labor hoarding to decrease their hiring and training costs

#biyro #family #innatgreatneck #tistheseason #holidays

More: https://biyro.com/blog/freelance/nearly-90-of-small-businesses-are-labor-hoarding-new-study-finds/

Comments

Post a Comment

Popular posts from this blog

5 Money Mistakes I've Made as Freelancer

Image
5 Money Mistakes I've Made as Freelancer Quick summary: 1. Throughout my career, there were times when I took on projects that took much more time and work than I realized, which impacted my checking account balance. 2. Doing this makes freelance life more exciting and can help protect you if you lose a project or client or experience significant industry changes. 3. Instead of saving money regularly, I'd stress out about my next quarterly tax payment a couple of weeks before the payment was due. 4. Not saving for taxesDuring my early freelancing days, I didn't prioritize setting aside enough money for taxes #biyro #usa #friends #summer #family More: https://biyro.com/blog/freelance/5-money-mistakes-ive-made-as-freelancer/
Read more

The rise of the Gen Z side hustle

Image
The rise of the Gen Z side hustle Quick summary: 1. Companies are increasingly allowing Gen Z to embrace their roles at work as well as take on other projects (Image: Getty Images)The stacking of jobs has always existed, but it's usually been done by workers who've needed to as a means of economic survival, explains Meredith Meyer Grelli, assistant teaching professor of entrepreneurship at Carnegie Mellon University's Tepper School of Business, based in Pittsburgh, US. 2. The model that's been used by workers layering jobs out of necessity has created a pathway for those in higher-earning jobs to adopt themselves, says Meyer Grelli #biyro #crazycoworkers #helpinghands #postalworkers #cashier More: https://biyro.com/blog/freelance/the-rise-of-the-gen-z-side-hustle/
Read more

Kodoku: Beautiful line between loneliness and loneliness in Japan

Image
Kodoku: Beautiful line between loneliness and loneliness in Japan Quick summary: 1. The varied perceptions toward being alone may stem from how in Japanese, solitude and loneliness are described using the same word, kodoku, says Junko Okamoto, a communications strategist and author of Sekai-ichi Kodoku na Nihon no Ojisan, (The Loneliest People in the World: Japan's Middle-aged Men). 2. Loneliness, needless to say, is a global phenomenon, and nations around the world are increasingly examining the mental state as a public health concern, says Atsushi Manabe, a writer and critic who has written about loneliness and Japan's ohitorisama culture #biyro #australia #puertorico #houston #chicago More: https://biyro.com/blog/freelance/kodoku-beautiful-line-between-loneliness-and-loneliness-in-japan/
Read more