Economy Archives - BJA Partners

Retention Ideas in a Recession | CA Benefits Agents

March 31, 2023

Employee engagement is the top priority of respondents to HR Exchange Network’s latest State of HR survey. Obviously, employers are keen to engage employees to increase productivity and retention. However, the economic downturn and inflation is complicating matters, and Human Resources leaders are seeking new ways to reach talent. Recently, Eric Mochnacz, strategic senior HR leader and Director … Continued

5 HR Trends in Recruiting and Talent Acquisition During Layoffs | CA Benefits Agents

March 13, 2023

By Myron Jucha & Sara Howland

As businesses big and small struggle with high inflation and an economic downturn that may turn into a recession, recruiting and talent acquisition often gets pushed aside. Human Resources leaders are doing more with less and trying to handle the additional stresses of the times. As a result, strategizing for the future – when the economy … Continued

4 Ways to Recession-Proof HR| San Diego Benefits Consultants

September 8, 2022

By Myron Jucha & Sara Howland

By all accounts, the United States is likely heading into a recession. Already, the country experienced two consecutive quarters of declining gross domestic product (GDP), which is a red flag. Other signs include inflation, the cooling down of venture capitalist’s investment, a declining stock market, and varying interest rates. However, a strong job market persists, which … Continued

What Employees Want: On-Demand Pay | California Employee Benefits

July 27, 2022

By Myron Jucha & Sara Howland

Payroll works the same way in almost every full-time job. Employees earn money by working, and they all receive their earnings on a set date: payday. However, in an era of same-day shipping, on-demand movies, and unlimited mobile access, individuals are increasingly expecting prompt access to nearly anything they need. For employees, this also means … Continued

How Inflation Influences Layoffs | San Diego Benefits Consultants

July 3, 2022

By Myron Jucha & Sara Howland

The United States, like some other countries around the world, including the United Kingdom and China, are facing an inflation crisis in this post-pandemic era. Inflation has great influence on Human Resources because it can cause the need for wage stagnation and budget cuts. The biggest disappointment during times of high inflation is the possibility … Continued

4 Ways Inflation and Higher Costs Impact HR | CA Employee Benefits Team

June 27, 2022

By Myron Jucha & Sara Howland

U.S. President Joe Biden recently laid out his plans to combat inflation and the high cost of living. The average family is spending an additional $327 per month compared to pre-pandemic costs, according to a CNN broadcast May 10. At the time, the national average price of gas was $4.37. While the Federal Reserve can … Continued

The Great Resignation: How Companies Can Cope With The Mass Exodus | San Diego Benefits Consultants

September 24, 2021

By Myron Jucha & Sara Howland

American companies are at a serious crossroads right now because of an unexpected consequence of COVID-19 known as the “Great Resignation.” CNBC reported earlier this summer that four million people had quit their jobs. This would be shocking under normal circumstances, yet these people quit stable jobs in the middle of a global pandemic. The majority … Continued

Gig Economy 101 | CA Benefits Agents

July 2, 2019

By BJA Partners

By now you’ve heard of the term “gig economy” but you may not know what it means. Is it describing the economy of musicians as they work gigs? Does it mean something about computers and the measurement of space allotted for their programs? Does it have something to do with fishing? Well, not exactly. But, … Continued

Retention Ideas in a Recession | CA Benefits Agents

5 HR Trends in Recruiting and Talent Acquisition During Layoffs | CA Benefits Agents

4 Ways to Recession-Proof HR| San Diego Benefits Consultants

What Employees Want: On-Demand Pay | California Employee Benefits

How Inflation Influences Layoffs | San Diego Benefits Consultants

4 Ways Inflation and Higher Costs Impact HR | CA Employee Benefits Team

The Great Resignation: How Companies Can Cope With The Mass Exodus | San Diego Benefits Consultants

Gig Economy 101 | CA Benefits Agents

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