BambooHR, the industry's leading cloud-hosted software provider dedicated to powering the strategic evolution of human resources, today announced its first ever Employee Experience Report. The report reveals that while small business HR leaders have at least some understanding of the importance of employee experience (EX), they spend a significant portion of their work hours … [More]
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MIT Sloan Study Finds Gig Economy Serves as a Safety Net for Unemployed
inbusinessPHX.com
When workers are laid-off, they often seek the safety net of unemployment benefits or accumulate personal debt. This is a particularly critical issue now, during the COVID-19 pandemic when unemployment rates reached nearly 15% last April. A recent study by MIT Sloan School of Management Visiting Prof. Jordan Nickerson found that the gig economy can have a “profound impact” on … [More]
Big Film Year in Phoenix Back on Track Despite Pandemic Impacts
Phoenix Film Office
On track for its best-ever year at the beginning of March, Phoenix earned record revenue from film, television and digital media productions. Then Covid-19 hit, and the industry came to a screeching halt. That busy period from the end of 2019 into early 2020 leading up to the health emergency made up for the next two “lost” months. Despite the pandemic, it was a good year for … [More]
New Report: Arizona Ranks Third for Economic Momentum
State of Arizona Office of the Governor
Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. Arizona is tied for third with Montana. “Arizona’s economy was one of the hottest … [More]
Survey: Following Lean Summer, Companies Reunite with Out-of-House Marketing Partners
inbusinessPHX.com
Adtaxi, one of the country’s fastest-growing digital marketing agencies, today released the results of its latest report, Understanding Buyers and Effective Ad Spend in the COVID Economy. Polling 65 companies, the survey shows how businesses tightened their belts at the height of the crisis: whereas 54% used a third party for media buys in Q4 2019, this percentage dropped to … [More]
How to Have a Profitable Business in Any Economy
by Terry Monroe
People start and buy businesses for many different reasons. Some people do it as an extension of their passion for a certain thing such as flowers, woodworking, machinery or serving people. Some people do it for the thrill of winning, but ultimately everyone who goes into business does it to make money. There are thousands of books that have been written about business … [More]
Embracing Freelancers Could Be the Key to Success in the COVID-19 Era
by Santiago Jaramillo
In the context of an economy reeling from COVID-19, freelancing and the gig economy now mean something quite different to many people. Millions of people have lost their jobs, which has resulted in a surge of individuals looking to part-time and gig work to make ends meet. The future of remote work is now one of the most discussed topics as businesses are being forced to … [More]
Technology Startups Raised a Total of $89.9B Worth Investments, a 32% Jump in a Year
BuyShares
While undoubtedly catastrophic, the COVID-19 pandemic also accelerated new technology trends in many areas, providing innovative tech companies with an opportunity to expand their business. The surge in consumer spending on online ordering options and digital entertainment along with a massive increase in the adoption of digital services and remote working technologies, … [More]
Sellers Still Direct a Hot Housing Market But Fall Cooling Approaches
Zillow
Sellers still hold the reins of the U.S. housing market as prices reach record year-over-year gains and low inventory further erodes, according to the Zillow Weekly Market Report1. However, tapering pending sales and minimal recent growth in list prices point to an overdue seasonal market slowdown that may finally be coming. Pending sales slow as short time-on-market stays … [More]
Guide Helps to Manage Financial Troubles Resulting from COVID-19 Pandemic
Resolute Commercial Services
Business owners who resumed operations after months of restrictions or closure due to COVID-19 lockdowns only to face decreased demand from customers may now be on the verge of serious financial crisis, according to a Scottsdale-based business advisory firm. That’s why Resolute Commercial Services is providing free copies of its booklet “The 4-Step Guide to Your Financial … [More]
The Federal Reserve’s Role in the Stock Market
by Aaron Warby
For several months now there has been a lot of focus on Federal Reserve statements. The question in some investors’ minds is, “how much control does the Federal Reserve have over the stock market?” For the near-term and the likely over the next several years the Federal Reserve will be a major market influencer. In broad terms the Federal Reserve has three major roles. The … [More]
Get Energized! Create Energy in Your Virtual Presentations
by Angela DeFinis
Whether you’re new to working remotely or have been doing it for years, you know one thing is true: Giving virtual presentations via Zoom and other online meeting platforms can be a challenge. Many professionals feel that online meetings lack the excitement and passion that comes naturally during face-to-face communication. And they’re right! The fact is that energy is … [More]
Why This Is a Great Time to Start a Small Business
by David DeLorenzo
Since the onset of the pandemic, the world has changed dramatically in so many ways. Thousands of people have struggled with their health and the loss of loved ones and others have lost their jobs or businesses due to COVID-19. There’s no denying there have been some very real struggles in nearly every facet of what we once knew as “normal” life. However, I’m one to look on the … [More]
Learning Pods: The Future of the Workforce
by Nicholas Wyman
Mention heutagogy, and there will be blank stares. It’s an approach that celebrates self-directed lifelong learning skills and is a good fit for workplaces. The term was coined some two decades ago. It’s not necessarily a solo activity, either. Learning hooks into social and emotional domains and is a skill one needs to keep sharp and finesse. The World Bank has been on … [More]
Their Take: UArizona’s Eller Professor Says Arizona Unemployment ‘Worrisome’
Eller College of Management at the University of Arizona
In response to a recent article in the Wall Street Journal reporting that the trend downward in number of new weekly jobless claims has stalled, Juan Pantano, Associate Professor of Economics at the University of Arizona’s Eller College of Management, believes this focuses more on the aggregate national picture and that the national figures mask substantial heterogeneity across … [More]
Rebound in U.S. Apartment Leasing in the Third Quarter
RealPage Inc.
Bouncing back from the limited demand results seen earlier in the year, U.S. rental apartment leasing proved strong in the third quarter, according to real estate technology and analytics firm RealPage, Inc. (NASDAQ: RP). The occupied apartment count climbed by 146,517 units on net in the July through September time frame. That product absorption pace is more than … [More]
How to Prevent Political Discussions from Polarizing Your Workplace
inbusinessPHX.com
Much has been written about political polarization in the U.S. and how a heated political climate has drawn a line in the sand between voters. But heading into the 2020 presidential election, self-censorship also is on the rise – including at the workplace, where some people fear sharing their political views. Nearly a third of employed Americans worry they could lose their … [More]
Committees Must Manage 401(k) Plans Better: Here’s How
inbusinessPHX.com
With the majority of working Americans behind in retirement savings, managing and growing money reserves is a concern in many households. While 401(k) plans offered through employers remain popular investment vehicles toward retirement, experts note that several factors are out of the employee’s control. Perhaps the biggest questions regard the human factors: who is calling … [More]
