U.S. 2019 HR Job Insights Salary Growth, Wage Cautions, Gen-Z - Algrim.co

U.S. 2019 HR Job Insights Salary Growth, Wage Cautions, Gen-Z - Algrim.co This year, we’re releasing a special report. As we enter into a new year, consumers and workers should be aware of the changes afoot in the job market and how that may impact their quality of life in major metropolitan areas. We focused on Chicago, New York, and Los Angeles for our research and analysis as it pertains to geographical and metropolitan areas. As well as polled more than 50 business leaders, Chief Executive Officers, recruiters, Human Resource managers, and business owners. Survey’s were conducted understanding 2019’s Human Resource condition changes (both entering into a company as well as wage information once inside a company) then analyzed against information gathered from 2018, to give us projections into 2020. Key Research Findings for 2019 Millennial and Gen-Z job seekers are still “on the move” with roughly 58% of employees ages 21 - 28 change jobs within one to three years of employment. On average, more than 40% of adults in large metropolitan areas are living in “doubled-up” households. A strong indicator of lack of wage growth in accordance with true or “real” cost of living index (as indicated by Glassdoor). Less than 11% of new hires are being made through online job applications or online job board listings. Down from 14.9% in 2017. 11% is the conservative figure as a result of the business polling. Benefits programs are continuing to evolve. With more than 42% of Millennial and Gen-Z job seekers idealizing job flexibility, vacation pay, remote working, and other job flexibility benefits as more important than traditional 401k and retirement plans. On average less than 10% of hiring managers are using resumes and cover letters as an indicator of a job applicant's strength. Instead, they are seeking referrals and public previous work history as part of their measurement for a high profile candidate. Some areas of the research are expanded upon below and additional metrics have been provided. Please note that these sections are not entirely correlated to the data above but are additional insights able to be gleaned from the findings. Most Popular Jobs & Salary Growth In 2019 Compared To 2018 Here are the fifteen most common jobs and salaries from 2019 in the United States. Retail salespersons: $23,800 (0% change in 2019) Cashiers: $29,600 (+24% change in 2019) Food Service Worker: $25,300 (+16% change in 2019) Office Clerks: $29,500 (-9.38% change in 2019) Registered Nurses: $73,200 (+2.78% change in 2019) Customer Service Representatives: $33,500 (0% change in 2019) Waiters and Waitresses: $25,200 (+16% change in 2019) Laborers: $29,700 (+20% change in 2019) Administrative Assistants: $38,900 (0% change in 2019) Janitors: $28,800 (+7.15% change in 2019) General and Operations Managers: $91,500 (+18.75% in 2019) Stock Clerks: $27,000 (0% change in 2019) Truck Drivers: $47,900 (+9.3% growth in 2019) Bookkeeping, Accounting, and Auditing Clerks: $35,500 (+12.5% growth in 2019) First-line Supervisors: $41,800 (+7.32% growth in 2019) This roughs out to a 5% median growth in wages across these fifteen jobs when calculating both the increase and decrease of the growth of wages. Information provided by the U.S. Department of Labor. Changes In Projected Cost Of Living In this model we’re going to look at housing, particularly rent, as our primary mode of analysis. While food, transportation, and other services make up a true cost of living indexâ€" we’re going to look at just rent. Chicago: Average rent of $1,965.00 per month with a projected yearly annual growth of expense at 4% New York: $4,245 per month with a projected yearly annual growth of expense at 2% Los Angeles: $2,530 per month with a projected yearly annual growth of expense at 3% This roughs out to a 2.5% growth in the expense of living this year, across three of the major cities and hubs for jobs in the U.S. Information provided by Rentcafe.com and the Bureau of Labor Statics. Living Behaviors In Metropolitan Areas While census data can provide us a lot of insight, human behavior data can be additional helpful. One of the measurements we look at is the number of people living with a roommate or parent in these metropolitan areas. In Los Angeles, 45.5% of adults live in a doubled-up household. In Chicago, 32.4% of adults live in a doubled-up household. And lastly, in New York, 40% of adults live in a doubled-up household. What this can indicate is a potentially incorrect census on the cost of living. These numbers, on average, are all up about 8% since 2000. National Wage Cautions Going Into 2020 While there are more than 12,000 job titles that need to be polled. What this surface-level data can tell us is that there are fairly slim growth margins as it pertains to average wage increases and cost of living increases. The differential leaves only a 2.5% wage grown margin after living expenses. This growth margin doesn’t include taxation. If we were to include even the lowest tax margin applied across all of the data polled, it would leave a net margin of an estimated 1.75%. Which is a very slim growth margin. PayScale and their PayScale Wage Growth Index reported roughly similar numbers, at a 2.6% year over year growth projection based on Q3, 2019 numbers. Strong Wages And Geographies San Francisco and Seattle were amongst the two cities that showed the strongest wage growth, as reported by PayScale. But if we cross analyze this information against the average rent and cost of living in these geographies, we see that their growth is equal our outweighed by the expense of living. Meaning, even though San Francisco and Seattle are heavily desired geographies due to job growth and wage increases, they are still subject to the 2.5% to 2.6% wage growth (not net of taxes) that the U.S. is exhibiting. What To Trust In Terms of Wages The PayScale “Real PayScale Index” is amongst the ones that should be trusted. The way PayScale calculates this is by the following: The Real PayScale Index incorporates the CPI and tracks the purchasing power of full-time private industry workers in the U.S. When the Real PayScale Index falls, then inflation is rising faster than incomes. In other words, a fall in the Real PayScale Index implies your income can buy less stuff than previously â€" the prices of goods are rising faster than the price of your labor (your wage). They are currently reporting a 0.7% year over year growth in real wages. Real Wage Growth and Cost Of Living Outlook While the national wage index is closely calling 2.5% to 2.6% at the end of Q4 2019, the real wage index is at 0.7% projected growth. If we were to calculate that against the rise in expenses, we would expect the cost of living to outpace the rise in real wages by about 1.8% per year, on end of Q4 2019’s trajectory. All Research Findings All research findings were made by conducting a survey amongst business leaders, Chief Executive Officers, recruiters, Human Resource managers, and business owners. More than 50 executives were polled in this process. All metric insights were gathered by analyzing Glassdoor, Salary.com, PayScale, and Bureau of Labor Statics.

5 Tips to Choosing the Best Career Path for You

5 Tips to Choosing the Best Career Path for You Whether youre a high-school senior filling up application forms for college, a working professional whos aiming to advance in your company, or someone whos suddenly out of a job, choosing the right career path can be hard and confusing. More so because at the present state of the economy, the competition can be quite tough. However, this task can be made a whole lot easier when you do your research and utilize a few useful tips in the decision-making process. 1. Stick to your interests When choosing the right career path for you, the most important thing that you need to remember is to stick to your interests. Dont think about whats in demand and what kinds of jobs pay the most. Doing so will only lead you to choosing the wrong path. Say youre interested in doing something thats at the bottom of the high-paying jobs list, follow your heart there anyway! When youre doing something that you love, the chances of you excelling in the field will be higher and the money will follow soon enough. 2. Identify your skills and qualities This is an aspect that most people fail to give importance to. Some may think that they have no skills at all but that is entirely untrue. Some people are born with leadership skills, while some are better suited to be followers. The former are those that excel well in careers that have to do with management because they are born with the qualities needed to lead people. Followers, on the other hand, are not to be taken lightly because they play a major role in ensuring the success of any project. When it comes to your qualities, pay attention to how you respond in certain situations. Are you the type of person that aims for perfection? Do you respond well to pressure? Your answers to these questions will help you figure out the next step after youve determined your interests. 3. Think outside of the box If you feel that youre not really cut out to be an employee, why not start your own business? Decide on what type of business you want to be involved in and then get the necessary knowledge and develop the skills needed to make it happen. Dont worry about putting up the capital for it just yet. Focus on building a network, and building your business plan. Financing options will come up when you have a solid plan. 4. Take your time Dont decide on your career path just because youre being pressured by your parents or bored out of your mind in your current job. If you have to, take time out to figure out what you really want to do. Some people take up part-time jobs or internships in fields they think might be a good fit for them just so they can get a feel of what its like to be working there. Others take a break from everything and travel to places so they can clear their minds. Do what you have to do to determine what type of job will make you feel happy and fulfilled. 5. Be Patient Making a career out of what you love doing is not as easy as you may think. Expect to encounter a few bumps in the road while you’re treading down the path that youve chosen. Give it time and continue striving to achieve what youve envisioned for yourself. Besides, success is always sweeter when you know that youve worked really hard for it. Do you feel better about choosing your career path after reading our tips? Let us know in the comment section below!

Writing a Summary Statement on Resume

Writing a Summary Statement on ResumeIt is important that when writing a summary statement on resume, that you should always keep in mind what your resume statement should be about. It should be made to cater to the needs of the employer, as well as the candidate.Before creating the summary on resume, you must first have a detailed description of your business background. A short summary may be helpful but should not be considered as the complete resume. You will want to make sure that you do not exaggerate the facts. Keep in mind that a resume is only meant to prepare the candidate for a job interview.You can also use the information on the summary statement to convince the employer that you are qualified for the job. Employers often use a summary statement as an initial assessment before hiring someone. The summary statement can provide a candidate with all the information that they need to be considered for the job. Use a short and crisp description of the job that you are applyin g for to illustrate the ability and experience that you have. The summary statement should not be overly long, as it will only take the employer longer to read through the entire statement.Once you have filled out the summary statement on resume, you should submit it with the resume along with the cover letter. This gives the employer the idea that the candidate is serious about the job. You want to make sure that the employer knows that you are really looking for a job and you have to put effort into your resume.Writing a summary statement on resume is the best way to create a powerful statement that has the reader's attention. The summary statement is the first thing that the reader sees. With this the next few sentences should focus on your qualifications and specific achievements. Be sure to leave a little bit of room for your accomplishments that are worthy of praise.The most important part of the summary statement on resume is the introduction. This should be the first thing o n the resume and you want to make sure that you do not leave anything important out. Start with a strong introduction and do not neglect to include your contact information. The introduction will always catch the eye of the reader, so you want to make sure that you capture the reader's attention.As mentioned before, the summary statement on resume is not the entire resume, but it is the first impression that the reader gets from the resume. The summary should be able to grab the reader's attention, and it should make the reader wonder about the candidate and the future opportunities that they can get.Remember that the summary statement on resume is not the entirety of the resume. Instead, it is an introduction to the resume. It can help you build credibility with your potential employer, so that you can begin the interview process with ease.

How to Google yourself - and why you should Google yourself - Sterling Career Concepts

How to Google yourself - and why you should Google yourself How to Google yourself and why you should Google yourself With the first part of the calendar year being a popular time for career moves and transitions, this is a good time to bring up the importance of checking the results when you Google yourself.  By this point, you can assume a company considering hiring you will Google your name. This means you should be doing it as well and well ahead of time so you can work on improving your results. If there is negative or unfavorable content online about you, it can be difficult to have it removed. It can however be pushed down with the addition of new, positive content.  This is why its important periodically to Google your name to see what the search results include. Waiting until you are in the midst of an active job search is not the best time to be checking your Google results for the first time.  Its something thats best monitored proactively and consistently over time. Typically, your LinkedIn profile and published posts on LinkedIn rank highly.  Any pages related to a URL that you have of your own should also rank highly. In my personal searches, I noticed that Facebook and other social media profiles showed up on the first page as well. Advice I Share with Clients If youre looking to boost whats found online for your name, my number one recommendation for professionals would be to focus on LinkedIn.  My second recommendation would be to create additional professional social profiles. One that you can create and control is About Me, which as of the time of this writing, offers a free one-page option. Once youve done an initial assessment, now its smart to monitor going forward. Setting up a Google Alert for your name is an easy way to stay aware of any future mentions.  Youll receive an automatic email notification any time your name is mentioned online. Social media can have a very positive or negative impact on your professional reputation. Be very careful with what you post, tweet, and share. If you have a Facebook or Instagram account, make it private and check its security settings. Remember that anything can still be screenshotted, shared, or printed. On the flip side, professionals can successfully use social media to boost their reputation. A  blog or posts published on LinkedIn shows your industry expertise. An active Twitter account engaged with industry leaders conveys your knowledge. Similarly, an Instagram account does the same if your industry is more  creative. The following infographic created and shared by Reputation Management.com  offers helpful tips to take control of your online reputation. How to Google Yourself

Oil, salt and vinegar - The Chief Happiness Officer Blog

Oil, salt and vinegar - The Chief Happiness Officer Blog A simple, sincere Thank you can go a long way at work. As this story beautifully illustrates, Thank yous are part of the oil, the social lubricant, that makes for good relationships in the workplace. Oil, salt, and vinegar By Pilar Cambra Chief columnist for Expansi?n newspaper. Try this one day ? any day, any normal, run-of-the-mill day: add up the time you spend complaining, grumbling, moaning ? tacitly or explicitly ? and the time you spend thanking and praising. Is there more vinegar than oil?? It happened some time ago, but the incident ? as tiny as a grain of mustard- has remained in my memory? One day I was in a hurry (and late) for work, and parked my car lopsided in the company car park? ?It doesn?t matter,??? I said to myself, ?the bloke who uses the space next to me normally comes in on his motorbike!? So there?s plenty of room for him to park????. And off I went, thinking no more of it? But it turns out that the colleague who parks next to me sometimes comes by motorbike, but others he comes by car. And on that particular day he had to choose his car: quite a large vehicle which, obviously, came nowhere near fitting into the small space I?d left for his motorbike? After a while, by which time I was engrossed in more pressing matters, I got a call from the car park attendant: ?Mrs. Cambra?: Would you mind parking your car properly?? The user of the place next to you says he just can?t get his into the space you?ve left????. I?ll confess: the sharp vinegar of bad temper surged up inside me? ?I?m on my way!??? I told the attendant. And so I went down to the car park, huffing and puffing, of course, cursing the hassle, the interruption, and the bloody idea of my colleague to bring his bloody car instead of his bloody motorbike? Anyway: I moved my car into the exact space which it should take up and went back up to the office breathing fire, like St.George?s dragon? A few minutes later, I got another call: ?Pilar? it?s your car park neighbour I?m just calling to apologise for having to bother you and, of course, to thank you for moving your car so quickly? Thank you!???? I was so taken aback that I could barely speak In the end, in the midst of a black sea of shame for my awful behaviour, my terrible thoughts and nasty complaining, I replied: ?No, thank YOU ? you?re a good person, there aren?t many left these days! I?m sorry and I promise you?ll never have any problems parking your car again???. Do you know what?: thanking someone seems to have fallen out of common use, become old-fashioned, out of step with our straight-talking and somewhat brusque times? In fact, it almost sounds naff? ?Thank you???, we say; and right away, we shudder at the prospect of hearing the slimy voice, 1950?s radio presenter style, coming back at you with ?no, madam?thank yoooouuuuu???? How jaw-clenchingly awful!? In the work environment the idea of ?not owing anyone anything??? is held up and honoured: the more independent we are, the more manly (or womanly) we feel Thanking people for favours, small or large; for support, minimal or huge; for services, inconsequential or decisive; is a bit humiliating: as if turning to others when we need them weakens us, undermines our reputation as a super-exec-who-goes-it-alone? The oil of gratitude, gratitude which makes the cogs turn without squeaking, sliding smoothly and politely, falls far below the sharp vinegar of our complaining, protests, reproaches? As if vinegar makes us stronger, less vulnerable, more invincible? And I?m not saying that complaining, if it is fair and necessary, is not a fundamental part of keeping justice in the workplace? But, just like in a salad dressing, a few drops may be enough. Mainly so we don?t drown out the salt, of our cordial lives, of working with a smile on our faces. Thank you to Jaizki Arteagabeitia Perea for finding this article in Spanish, for telling me about it and for arranging to have it translated into English. And of course thanks to Pilar for giving her permission to reproduce it here! The article was translated by the nice people at contentspanish.com. Thanks!! Related: Four fantastic phrases at work (includes thank you!) How to complain constructively Pilar Cambras blog The original version of the article in Spanish : Aceite, vinagre y sal. More articles by Pilar Cambra (also in Spanish). Thanks for visiting my blog. If you're new here, you should check out this list of my 10 most popular articles. And if you want more great tips and ideas you should check out our newsletter about happiness at work. It's great and it's free :-)Share this:LinkedInFacebookTwitterRedditPinterest Related

Professional EQLQ Resume Writing - Write One Now!

Professional EQLQ Resume Writing - Write One Now!You will find an article dealing with professionals' resumes and EQQ in the next issues of 'Professional Jobs and Wages'. Although you may think that they are basically one and the same, there are differences between the two.This question is often asked by the employers who are considering hiring someone for the job. What is an EQQ? EQQ stands for 'Elite Qualified Professional'Expert in a Qtr or So'. There are many types of these jobs but they usually involve the experience and training that come with that sort of employment.If you are thinking about pursuing a career in business management then you need to have an EQQ to make the right impression on your prospective employer. They need to know that you can handle their business and can get the job done. However, before you can achieve that you need to have a professional resume written for you and a EQQ from the job you are applying for.Writing your own resume is easy once you learn t he basics of the business like you need to include a brief explanation of yourself. Remember you want your prospective employer to read not only the resume but also the EQLQs that you have included.Professional EQLQs is one thing but you cannot expect an employer to hire you just because you have got an EQLQ. You need to have some credentials that will impress them. A good first step is to find out how much experience you have gained.If you know it and have been working for a while then you have already earned the privilege of your EQLQ. Your employers know that if you do not have any recent experiences or have little knowledge about the industry then they will never trust you and will give you a job that you do not want. Once you know this, you can prepare a professional resume as well as get started on writing a EQLQ.With a good and well written EQLQ you can make a good impression on your prospective employer and it will be a great help to you when it comes to employment. In the e nd the employer is going to look at your professional credentials more than the EQLQs that you have included. It is important to remember that you are the one who is going to interview and give them the final decision.

How Much Money Does Fantasy Football Cost Employers

How Much Money Does Fantasy Football Cost Employers It’s almost fall, which means football season is about to literally and figuratively kick off. And according to new research from executive outplacement firm Challenger, Gray Christmas, it also launches a nearly $17 billion productivity drain for American companies, thanks to the growing popularity of fantasy football and fans’ tendencies to devote workday time to prepping for their fantasy draft. According to estimates, anywhere from 57 million to 75 million Americans participate in fantasy football. Roughly two-thirds of them also hold down jobs â€" jobs that can get pushed to the back burner when a fantasy draft deadline is looming. Read next: What Fantasy Football Can Teach You About Investing Challenger crunched the numbers and determined that, across the country, every hour those fans spend revising their draft picks, researching stats, or engaging in other fantasy football activities cost employers nearly $990 million collectively. Over the course of the year, that number piles upâ€"just like the fantasy football stats your co-workers are poring over instead of doing their jobsâ€"to the tune of $16.8 billion. That might even be on the low side, since Challenger, Gray Christmas used a conservative estimate in its determination of how many people participate in fantasy football, and it assumed players only slack off for an hour a week at work. Video Player is loading.Play VideoPlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio TrackFullscreenThis is a modal window. This video is either unavailable or not supported in this browser Error Code: MEDIA_ERR_SRC_NOT_SUPPORTED Technical details : No compatible source was found for this media. Session ID: 2019-12-31:c0ef46beb290b11392aa79f4 Player Element ID: jumpstart_video_1 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.PlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Still, CEO John Challenger said it would be a mistake for companies to launch a crackdown on all of these virtual leagues; that is, if they could even identify the scofflaws, thanks to the always-on expectation in many fast-paced workplaces. “With more and more jobs in the service and information sectors, where mobile technology and high-speed internet access long ago blurred the lines between our personal and work lives, it is difficult to measure productivity in the traditional sense,” he said in a statement. So even if the guy in the next cube over is fiddling with his roster over the course of the day, there’s no way to tell if he’s making that time up later, fielding emails from the sidelines of his kids’ (real-life) football game, or addressing the concerns of a client several time zones away. Read next: 10 Amazing Things You Didn’t Know About College Football Ticket Prices Challenger also said that fantasy football can have a positive effect on the morale of workers who play it, giving them a little bit of short-term, well, fantasy escapism that can break up the monotony of what for many can feel like a perpetual workday. “These types of distractions can keep our creative juices flowing,” Challenger argued. “For these reasons, employers may not only want to avoid clamping down on fantasy football but may want to encourage it within the office,” he said. What’s more, Challenger, Gray Christmas also found that fantasy football’s net effect on the economy is actually positive: Because each player spends an average of a little over $550 a year in various league dues and membership fees, research costs and the like, the hobby pumps nearly $32 billion into the economy â€" almost twice the amount lost to workday fantasy football distractions.