Carvana, the second largest used auto retailer in the U.S. and leading e-commerce platform for buying and selling used cars, has released its second annual online car buying report. After an unprecedented year that saw record e-commerce adoption across the board, Carvana examined hundreds of thousands of purchases and millions of site visits to identify insights that made … [More]
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Don’t Lose Great Talent by Focusing on Years of Experience!
by Jeremy Eskenazi
Rather than use years of experience in a job posting to eliminate very junior (or senior!) people, a best practice is to describe what the actual job would do. Consider the key accountabilities and indicate that these are things that the candidate needs to show you they can already do. This is not the kind of talent you want to lose out on for policy’s sake. During your intake … [More]
Motivating the Un-Motivated: Don’t Give Up Too Soon
by Liz Uram
When Mary started with the company, she was enthusiastic, energetic and consistently the top sales person on the team. She got along well with her co-workers and was known for her superior customer service skills. Over time something changed. Mary began starting work late, leaving early and taking long lunches. The brief interactions with her co-workers usually turned into … [More]
3 Tips for Leaders to Steady the Ship when Employees Lose Their Balance
inbusinessPHX.com
Company leaders and managers have a big responsibility in overseeing employees. But they can’t see everything, and sometimes there’s more going on in a worker’s life than meets the eye. Employee disengagement or burnout isn’t always apparent, and some employers may be in for a surprise if and when the COVID-19 pandemic winds down. One study shows that 57% of U.S. employees … [More]
Study Finds 8 in 10 Americans Think the Federal Minimum Wage is Too Low and Two-Thirds Support Increasing Minimum Wage to $15 Per Hour
Ipsos
Global market research firm Ipsos released a new, comprehensive federal minimum wage study, which polled more than 6,000 Americans on their knowledge of and opinions on the current federal minimum wage of $7.25 an hour. The study confirmed that the vast majority of Americans agree that the federal minimum wage is too low and should be increased to at least $15 per hour. In … [More]
5 Ways to Make the Most of Email Marketing
by Mark Stewart
According to a recent study by Campaign Monitor, email marketing still has the highest ROI of any outbound marketing initiative. In fact, email marketing generates nearly $44 for every $1 spent. While this is great news for marketers, email marketing can be tricky to master. With billions of emails sent each day worldwide, it can be difficult to break through the monotony and … [More]
5 Ways HR Can Make Diversity and Equality Central to Succession Planning
inbusinessPHX.com
Women are making progress in corporate leadership. A record 41 female CEOs are scheduled to run Fortune 500 companies in 2021. Along with this positive news about diversity and equality in the workplace, business observers think another good example was set by a male CEO deciding to step down in 2021. Zalando’s Rubin Ritter said he is leaving his position so he can put his … [More]
Their Take: Congress Should Extend PPP Authorization for Small Businesses
NFIB
The National Federation of Independent Business (NFIB) sent a letter to the United States House of Representatives Small Business Committee yesterday urging Congress to extend the authorization for the Paycheck Protection Program (PPP) beyond March 31, 2021. NFIB included additional recommendations for the committee to consider. “The PPP loan program has been a … [More]
Home Equity Continues to Soar: Homeowners Gained over $1.5 Trillion in Equity in 2020, Says Report
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the fourth quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 16.2% year over year, representing a collective equity gain of over $1.5 … [More]
Move Over Zoom Rooms: Luxury Kitchen Amenities are the New Pandemic Must-Haves
Zillow
After a year of eating at home -- and finding escapism in the form of freshly baked bread or desserts -- home buyers want the professional features and equipment to take their cooking to the next level. New Zillow research finds buyers are willing to pay a premium for luxury kitchen amenities. From professional appliances to quartz countertops, six out of the top 10 features … [More]
How to Sustain Flexible Thinking and Nimble Action
by Susan Robertson
To survive the pandemic, companies were forced to adapt very quickly to radically new circumstances. Even large organizations - where it’s typically difficult to shift directions quickly - managed to accomplish it. Leaders discovered that, when required, their organizations could act much more quickly and nimbly than they normally do. So, the obvious questions are 1) “What … [More]
Caregiving and Job Responsibilities Linked to Employee Mental Health Problems, Study Finds
meQuilibrium
It's been a full year since the pandemic started and many of us have experienced anxiety, stress and difficulty sleeping. For some, the pandemic has taken a serious toll on our mental health. Among the hardest hit were workers who took on additional work or caregiving responsibilities, a new meQuilibrium study of 7,500 members found. A quarter of survey respondents reported … [More]
Nearly 40% of Millennials Are Comfortable Buying a Home Online
Zillow
Tech-savvy millennials are not only driving the Zillow surfing trend, they could change the way we shop for and buy homes. A new Zillow survey1 finds the largest generation of first-time home buyers overwhelmingly want digital tools available during the home shopping process, and many are comfortable purchasing their biggest financial asset online. Nearly 40% of … [More]
Their Take: NFIB Denounces House’s Passage of PRO Act of 2021
NFIB
The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, issued the following statement from Vice President of Federal Government Relations Kevin Kuhlman in response to the United States House of Representatives’ passage of H.R. 842, the Protecting the Right to Organize (PRO) Act of 2021. The legislation would … [More]
A Look Back: US Mortgage Delinquency Rates Experience Record Highs and Lows in 2020, Says Report
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for December 2020. On a national level, 5.8% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which represents a 2.1-percentage point increase in the overall … [More]
Americans Remain Hopeful About the Future of Their Careers Despite Turbulent Job Market and COVID-19 Challenges, Finds Career Optimism Index™
University of Phoenix
As the U.S. approaches the one-year mark of COVID-19 lockdowns, the University of Phoenix Career Institute has released the results of its first annual Career Optimism Index™, a comprehensive study measuring working Americans’ attitudes toward their careers to help identify barriers to career advancement and highlight solutions that can help all American workers accelerate … [More]
Mobile Wallets to Become $3.5T Worth Industry by 2023
Finaria.it
The global shift towards a cashless society created a huge space for mobile wallets as a safer and more convenient way of managing money. As the COVID-19 continues driving a digital transformation of payments, the entire segment witnessed impressive growth in the last year, both in the number of users and transaction value. According to data presented by Finaria.it, mobile … [More]
Data Shows Companies Do Not Prioritize Engagement of Disabled Employees
Global Disability Inclusion
Global Disability Inclusion in partnership with Mercer release findings from a 10-year study analyzing corporate survey data on the experiences of employees with disabilities compared to their non-disabled colleagues. The report finds employees with disabilities are significantly less engaged, and their employment experiences rank lower than all other diversity … [More]
