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Until recently, transactions within the professional services sector have been mostly in the form of industry.

They affect workers in all types of industries.

To truly benefit from these strategies, Smith said not to assume most or all employees in one industry or workplace will fall into the same category.

Might they vary by ownership structure or industry or geography?

“This is exactly the rhetoric exhibited by the UAW and echoed by politicians,” Miller said, pointing out that not all businesses will have recouped returns as seemingly large as those in the automotive industry.

Consider industry benchmarks and what is competitive in your industry or market.

., three healthcare choices, two pension plans);; ;Eligibility criteria;; ;Employee enrollment/participation rates;; ;Elective contributions/employer matching;; ;Investment choices/fund performance;; ;Benefits utilization (which can be manipulated by demographics);; ;Employer and employee costs (out-of-pocket costs for each);; ;Turnover and retention rates; and,; ;Industry benchmarks .; TR pros may collect this data through several methods, such as: ;Employee surveys.

Understanding how your workforce compares to industry standards helps identify where to focus resources.

Ensure the intern is developing new skills, cultivating professionalism, exploring the industry as a career path and working on meaningful projects aligned with their coursework, Kahn said.

Transportation and Gig Workers Hit Hardest According to Scott-Wears, transportation, supply chain, frontline and other related industries and roles are being disproportionately impacted, facing immediate margin and income pressure from higher diesel and gas costs.