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Despite offering salaries 15% to 20% below market, they have their pick of hires from elite law schools and those who burned out at other firms, because as Applegate said, “even lawyers want to enjoy a life outside of work, and people see the value proposition for working 300 hours less for a little bit less money” (Behson 2013).

President Joe Biden’s second State of the Union address on Feb. 7 emphasized several workplace issues focused on the economy and job creation.

.; With the comment period open through Nov. 7 for the federally proposed overtime rule threshold increase , businesses should start preparing for changes now — but with some contingencies in mind.

Deloitte recently reported e-commerce will account for much of the sales growth this holiday season, projecting a 7% to 9% increase in online shopping.

Specifically, the small minority of managers (7%) who did not regularly engage with nudges were rated by their direct reports as needing support 2.5 times more often than those managers who engaged with nudges.

In the same month, 16% of PTO requests were approved, down 9% from the previous month and 7% from the previous year.

Approvals fell by 9% and 7%, respectively.

Also, if you’re going to pay someone $50,000 in crypto, the price changes 24/7, so employers will need to figure that out.

Shortly following the Aug. 7 executive order , “Democratizing Access to Alternative Assets for 401(k) Investors,” the Department of Labor (DOL) rescinded its 2021 statement saying most fiduciaries of 401(k) and similar plans were likely not suited to evaluate and incorporate private-equity investments in those plans.

Workspan Daily article;Sign-On Bonuses Can Play Pivotal Role in Attracting Seasonal Staff , Workspan Daily article;Salary Budget Planning Playbook: Data, Strategy and Insights for the Year Ahead , on-demand webinar; It’s that time of year: ;Consulting firm Deloitte recently predicted 2025 holiday retail sales will increase by as much as 3.4%, and e-commerce holiday sales will grow between 7% and 9% .; ;Employment agency Challenger, Gray & Christmas forecast that, amid looming tariffs and lingering inflationary pressures, 2025 U.S. seasonal retail-sector hiring will fall to its lowest point since the 2009 recession .; So, the holiday rush is coming but the seasonal hiring playbook appears to have shifted.