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Key Takeaways Key Takeaways: ;BLS Report Shows Subpar Jobs Growth, Lower Jobless Rate;Google Ends Diversity-Based Hiring Goals; ;Dell Calls Workforce Back to the Office Five Days a Week; ;Southwest Airlines Sued for Underperforming 401(k) Fund; ;Spanish Court Rules Single Parents Should Get Same Paid Leave as Couples; BLS Report Shows Subpar Jobs Growth, Lower Jobless Rate American employers added 143,000 jobs in January, fewer than economists expected, but the nation’s unemployment rate dropped slightly to 4% (from 4.1%), beating forecasts.

Likewise, nearly half of companies in the broad market use three or more metrics for LTPPs, while nearly half of EHPs use two metrics and about one-quarter use just one metric (Figure 4).

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According to a statement on Kaine’s website , 1 in 4 U.S. workers aren’t enrolled in their employer-sponsored 401(k) plans, and one-third aren’t taking advantage of their full employer matching contribution.

Access a related Workspan Daily article on this subject: 4 Steps to Help Pre-Retirees Consider, Plan for Retirement Income; Workforce Concerns In addition to the rising cost of living, other reasons employees are forgoing retirement include concerns about the current economic climate and a lack of confidence that they have enough money saved to retire comfortably.

Levine also noted clearly defining, stating and enforcing the level of compensation increase, bonus or reward that would apply, for instance, to a performance rating of 3, 4 or 5 “ensures the greater discipline on performance decisions translates into greater equity in pay.”

Benefits of Belonging The KPMG survey found 87% of workers said friendship-enabling work cultures are crucial for talent retention , and 1 in 4 cited increased productivity and motivation to go beyond job requirements as the leading benefit.

The unemployment rate also fell to 3.8% from 4% in January, although average hourly earnings were unchanged and were downwardly revised by 0.6% in January.

What Research Reveals About Internships 4 of 5 employers agree that internship programs deliver the best return on investment as a recruiting strategy.;57.6% of interns, on average, are converted to full-time employees.;75.5% of interns who became employees are still with the organization after their first year on the job, compared with 51.5% of non-intern employees.;54.3% of women take paid internships versus 45.7% in unpaid roles.;75.9% of men have paid internships versus 24.1% in unpaid positions.;57.6% of students feel that internships don’t pay enough.;41.4% of organizations feel that their recruiting is effective in achieving a diverse cohort of interns.; Sources: Internship & Co-op Survey Report, NACE, 2023 and 2022; Research Brief, Center for Research on College-Workforce Transitions, University of Wisconsin-Madison, March 2023.

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