Employees want opportunities to develop skills over the course of a productive career.
With this column, we pass the halfway mark in the review of the seven individual attributes of the RESPECT model (Recognition, Exciting Work, Security, Pay, Education and Career Growth, Conditions, and Truth) by turning our attention to Education and Career Growth.
October Sees Return of Private Sector Job Growth
The government shutdown has frozen the official BLS employment report and other crucial datasets, increasing reliance on high-frequency, private data such as ADP, Challenger and Reuters.
Despite a challenging backdrop and another month of the government shutdown, October’s gain of 42,000 private sector jobs signals a hopeful shift in labor market momentum. This marks the first positive movement since July, suggesting that employers may be regaining confidence and beginning to stabilize after months of uncertainty. Steady wage growth of 4.5% year-over-year further reinforces this resilience, indicating that businesses remain willing to invest in talent and maintain competitive compensation, even amid cautious hiring trends.
In September, the HRO Today Association hosted another installment of its Third Thursday webinar series, featuring insights from Jeff Gelinas, President of Employee and Consumer Engagement & Incentives and Darren Findley, President, Recruitment Solutions of Engage2Excel. The session explored how artificial intelligence is reshaping the HR landscape and what it means for the future of work.
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Employee recognition remains one of the most effective ways to boost engagement, morale and retention. However, as today’s workforce spans five generations, from Traditionalists to Gen Z, organizations are realizing that a one-size-fits-all approach is no longer effective. Each generation brings different values, expectations and styles of communication to the workplace, including how they prefer to be recognized.
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