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“This is a huge compliance lift in terms of time and money for the employer,” he said.

Still, positive momentum is palpable, as coronavirus cases continue to decline, states continue to lift mask mandates and companies are beginning to attract workers back to the office.

“Let AI do the heavy lifting of providing recommendations, and dynamically add people to talent pools based on competencies and skills,” he said.

Chinese companies are slowly adding jobs again after shedding staff for months, as the world’s second-largest economy continues to warm up after COVID-19 restrictions were lifted late last year.

But more than anything, it is driven by economic conditions: The U.S. job market is strong, lifting participation for a variety of groups, and persistent inflation has pressured families to find ways to offset soaring costs.

A trusting relationship never beats us down but instead lifts us and picks us up when needed.

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Their priority is keeping teams intact so they’re ready to capture growth opportunities when uncertainty lifts.”

The job-posting and hiring process can pose a heavy lift for HR/TR teams, with hundreds or more applications often rolling in for a single position, Escalera acknowledged.

Nondiscrimination in this context means that the plan does not unduly favor “highly compensated employees” (HCE) over “non-highly compensated employees” (NHCE) as measured by the “actual deferral percentage” (ADP) and the “actual contribution percentage” (ACP) tests.