Industries in the US Strongly Affected by Coronavirus Thinking of the harms of COVID-19, you might immediately recall the numbers filling hospitals and urgent care facilities around the world that you have heard from all sorts of news and reports. Nevertheless, besides the medical field, there are other industries that have been heavily hit by COVID-19. The damage done to these industries could cause tremendous catastrophic consequences in the US economy. The Restaurant Industry The restaurant industry has been afflicted by the spread of the pandemic. Since... view article details

Industries in the US Strongly Affected by Coronavirus A lot of industries are severely impacted by Coronavirus and this directly affects the employment market. By the end of April 2020, the coronavirus pandemic has reduced two-thirds of the industries. 30 percent of jobs that are used to bring salaries now face the dilemma of wage suspension. Wage suspension, or wage withheld, is the pause of paying wages to an employee for a period of time while the employee is still in the status of being hired by the company. Wage suspension happens when the employees make mistak... view article details

In the modern war for talent, it’s every company’s dream to secure spots on coveted lists that dub their workplace ‘the holy grail’ of organizations. While many industries and companies are struggling to attract qualified candidates, making it onto Forbes’ ‘America’s Best Employers’ top 500 – a list derived by polling 30,000 U.S. employees – is an accomplishment that can help companies edge out the competition. Here are America’s top five best employers from 2018, according to Forbes. We also provided the average median annual salaries for roles associated with these industries based on Salar... view article details

Job seekers now have the upper hand when looking for a new job. The economy is good, the stock market is healthy, and according to the Bureau of Labor Statistics there are currently 6.7 million jobs to fill in the U.S. compared to only 6.35 million unemployed people. This is the first time ever recorded in which the U.S. has more available jobs than it has people looking to fill them. In this employment landscape, it’s unsurprising certain industries are having a hard time attracting workers. Jobs that are physically strenuous, or have a reputation of being mentally exhausting, are not attra... view article details

Q. Our union is preparing to negotiate a new contract with management. Do you have any suggestions for using market data to improve the negotiation?A. Salary negotiations during collective bargaining don't have to be a painful exercise. Approaching the conversation from a similar perspective can level the playing field.Companies normally conduct or sponsor market studies to determine appropriate pay levels for their employees. Normally, union representatives participate in such exercises. Beyond that, as a member of a union, you can ask to see the jobs being benchmarked in a market study. Make... view article details

Some folks live and breathe the family business as it endures through generations. There are plenty of success stories out there, but you may be curious which Brady Bunch is raking in the big bucks. According to Bloomberg, here are the top 10 richest families in the world, and how they got their green.  1) Walton Family Source of Wealth: Walmart Industry: Consumer Retail Net Worth: $151.1 Billion  2) Koch Family Source of Wealth: Koch Industries Industry: Industrial Net Worth: $98.7 Billion  3) Mars Family Source of Wealth: Mars Industry: Confectionery, Pet Care Net Worth: $87.9 Billion 4) Van... view article details

Let's say your resume is current, and you are beginning to speak to a few companies about a potential move. Here are some things to think about regarding your bonuses as you consider offers.Pay Mix Varies by IndustryLet's say you are contemplating joining a company in a different industry, although you intend to continue doing what you're doing now. The company you are joining is offering a much larger bonus than you are currently earning, but is ruling out that larger salary you were hoping for. That is, it has a different pay mix. Pay mix varies from industry to industry.Certain industries p... view article details

In the modern war for talent, it’s every company’s dream to secure spots on coveted lists that dub their workplace ‘the holy grail’ of organizations. While many industries and companies are struggling to attract qualified candidates, making it onto Forbes’ ‘America’s Best Employers’ top 500 – a list derived by polling 30,000 U.S. employees – is an accomplishment that can help companies edge out the competition. Here are America’s top five best employers from 2018, according to Forbes. We also provided the average median annual salaries for roles associated with these industries based on Salar... view article details

The gap between the rich and the poor has been widening for the past 30 years.  The World Inequality Report uncovered that since 1980, the top 0.1 percent of wealth owners, about 7 million people, accounted for as much of the world's growth as the bottom half of the adult population — roughly 3.8 billion people. Below is a list of the top 10 richest people in the world, including their net worth for the year 2018, as well as the previous year, according to Forbes. This list makes it glaringly obvious that the gap between the rich and poor is at its highest level in decades with no signs of nar... view article details

Higher education may be getting more expensive, but a college degree is necessary to compete for jobs in many industries. College should be healthy mix of passion and pragmatism, and it’s important to pursue the things you love while recognizing the fields that give you the best chance of finding a job upon graduation. According to research by CareerCast.com, here are the majors with the best career prospects. We also provided the median salaries of various jobs in each industry based on Salary.com data. 1) Accounting They say numbers don’t lie, but did you know they can also get you a job? T... view article details