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Scenario 1: Planning for a Hiring Slowdown A hiring slowdown can result from economic downturns, industry disruptions or strategic shifts.

The latter figure was revised from the 73,000 listed in the Aug. 1 report.

The new law takes effect Jan. 1, 2025.

Access a bonusWorkspan Daily article on this subject: Engagement Is Rising; Guess Which Workforce Group Is Driving It Communicate Prolifically Communication is paramount, said Kate Williams, the CEO of 1% for the Planet, a Vermont-headquartered nonprofit organization that has sought to be a leader in workforce engagement.

Report: More Companies Eliminating Degree Requirements According to a survey of 1,000 hiring managers by career website ResumeTemplates, 1 in 4 companies will stop requiring a bachelor’s degree for some roles by the end of this year.

To navigate this evolving landscape, consulting firm WTW identified five priorities that merit focused attention as boards of directors prepare for the year ahead. 1.

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Agency data showed the highest-paid workers are most likely to have paid family leave — more than 1 in 5 of the top 10% of earners have this benefit, compared to 1 in 20 in the bottom 25%.

According to Zipperer et al. (2022), 1 in 7 workers earned less than the federal minimum wage, 1 in 5 workers went hungry and roughly 55% of gig workers intend to find a new job in the next three months.