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EV startup Rivian Automotive Inc. has initiated two rounds of layoffs within the past seven months, cutting a total of 12% of its workforce.

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.

When an employee has the opportunity to engage in additional training or continuing education, they’ll be able to find that fulfillment as they hone their skills, build connections with other professionals in their field, and gain the knowledge and experience they need to move up in your organization.

About 7.2 million private-sector workers, or about 6% of the 120.36 million private-sector workforce, were represented by unions last year, the Labor Department said.

And despite the indication that more workers are happier in their roles, businesses should not ease up on safeguarding the satisfaction of their current workforce, Sun said.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Finance and Budgeting; ;Sales Compensation; ;Workforce Engagement;

Additionally, a study by Amdocs found that nearly 60% of employees between age 25 to 34 report bias in talent mobility, while 41% of employees between age 45 to 54 report the same experience.

The digital workforce is the most elusive category with 82% reporting hiring and retaining problems, with salaried employees at 67% and salesforce 40%.; WTW respondents indicated several key talent-bolstering practices will increase over the next three years from the past three years, including: changing skills required to get the work done, up 72%; multi-skilling to enable employees to do tasks from different jobs, up 68%; changing employee preferences, up 52%; and finding new sources of talent, up 36%.

Try Flexible Options and Rewards Such multigenerational workforce programs are indeed still emerging as best practices, suggest findings from the Transamerica study.