Searching Workforce Experience on page 26

UPS to Cut 12,000 Jobs UPS will be cutting more than 2% of its workforce after reporting a decline in fourth-quarter revenue, according to the Washington Post .

For WorldatWork Members ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; ;AI Copilots: Improving the HR Experience for Employees , Journal of Total Rewards article; ;Mini-study: Emerging Insights on AI in Total Rewards , research; NEW!

“If employers want to diversify their workforce, paying their interns is a logical place to start.”

Save Reuse Permission In the rapidly evolving world of work, an internal talent marketplace (ITM) is generally seen as an effective solution for skills gaps, retention challenges and fostering an agile workforce.

A more encouraging sign: In 2021, almost twice as many women joined the workforce as did men, signaling a major step in their employment recovery.

Fifty percent of male and 46% of female parents have considered leaving the workforce entirely due to the difficulty in balancing childcare needs with an inflexible work schedule.

Access an additional Workspan Daily article on this subject: ;How to Tackle Merit Increases When Part of Your Workforce Is Maxed Out; Access a bonus Workspan Daily Plus+ article on this subject: ;Lump Sums for Employees at the Top of Their Scale: A Game Plan; Look at Hiring and Recruiting Evaluate your recruiting processes, Nail recommended.

-style workplace policies.; ;Concerns over American workplace trends. 34% are worried about increased workplace surveillance and productivity tracking, while 20% are concerned about the push to return to office and reduce remote work.; ;Recession fears high. 71% are worried about the impact of a possible U.S. recession on their own workplaces, reflecting the broader financial unease that U.S. economic trends are creating among European workers.; Intel Plans to Cut More Than 20% of Workforce Bloomberg News reported on Tuesday, April 22 that it would layoff more than 20% of its workforce as part of a broader strategy to refocus on an engineering-driven culture.

An audit by the state’s Department of Labor and Workforce Development had found that Uber and a subsidiary, Raiser, owed four years of back taxes because they had classified drivers in the state as contractors rather than employees.

Finally, we are living through the greatest experiment in workplace transformation in modern history.