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Talent Shortage Continues Globally

We are continually contacted by client companies and others to discuss the difficulties they experience in finding and retaining talent in virtually every market sector around the world. To add to the difficulties, it is a situation that is unlikely to improve in 2023. Better economic times, low

Majority of U.S. Workers Changing Jobs Are Seeing Real Wage Gains

The Great Resignation of 2021 has continued into 2022, with quit rates reaching levels last seen in the 1970s. Although not all workers who leave a job are working in another job the next month, the majority of those switching employers are seeing it pay off in higher

Sustainability in Supply Chains

Global climate change is a fact and has been scientifically proven. It will have existentially threatening effects in social, economic, and ecological terms on the generations that come after us. Those who deny this need not read further at this point. For all others, this white paper shows

The German Supply Chain Due Diligence Act

The Act on Corporate Due Diligence in Supply Chains is a federal law that was passed by the Bundestag on June 11, 2021 and published in the Federal Law Gazette on July 22, 2021. It is part of the Civil Code as well as the Commercial Code and

New Deloitte Research Highlights Increasing Business Concern About Climate Change

Deloitte’s 2022 CxO Sustainability Report: The Disconnect Between Ambition and Impact, reveals that global C-level business leaders (or CxOs) are increasingly concerned about climate change and see the world at a tipping point to act. Eighty-nine percent of CxOs agree there’s a climate crisis and 63 percent say

Annual H-1B Lottery Set to Open on March 1st

U.S. Citizenship and Immigration Services (“USCIS”) has announced that the H-1B electronic registration period for Fiscal Year 2023 will be open from March 1 through March 18, 2022. During this period, prospective petitioners and their representatives will be able to submit their registrations for potential H-1B candidates. Employers should take this opportunity

The Top Risks for 2022: A Global Perspective

By Jim DeLoach, January 11, 2022 Protiviti’s latest global survey reveals that COVID-19, people and culture issues, the economy, and digital transformation are top of mind for C-level executives and directors looking at the risk landscape for 2022. Our survey captures insights from 1,453 C-level executives and directors related to 36

Announcement by Deloitte: Reimagining How We Support Our People

Over the past two years, Deloitte professionals have come together for our clients, communities, and each other to face the substantial challenges of the global pandemic. We continue to be deeply grateful and committed to helping our people thrive as we experience significant growth in our business and


The Conference Board’s Salary Increase Budget Survey indicates that the average annual raise for current employees is accelerating. In 2022, salary increase budgets are estimated to be 3.9% – the highest rate since 2008. Due to the high wage growth and inflation seen since April 2021, our Salary

Post-COVID Workforce Trends Driving the Labor Market

Experts agree that we’re experiencing unprecedented times in the global labor market. While a few of the buzziest phrases of this phase include the Great Resignation, the Great Realization and the Great Reshuffle, there are many more “Greats” where those came from, according to a new report from Business

Recent U. S. Federal Updates

COVID On November 4, 2021 OSHA, Department of Labor released COVID-19 Vaccination and Testing; Emergency Temporary Standard ( It is an Interim Final Rule taking effect on January 4, 2022 as an emergency temporary standard (ETS) to protect unvaccinated employees of large private employers (100 or more employees)

THE BELIEF-DRIVEN EMPLOYEE, By Richard Edelman, CEO, August 31, 2021

There is a new compact between employee and employer which requires business to take a more ambitious role in society, while fundamentally reconsidering the motives of the worker. The 2021 Edelman Trust Barometer Special Report: The Belief-Driven Employee, conducted in early August in seven countries, finds that the Covid-19

Amidst Abundance of Job Opportunities, Employee Quit Rate is Historically High

An analysis by Michael Papadopoulos, Associate Economist at The Conference Board The rapid rise in job openings to historic highs coupled with increasingly more workers quitting is leading to severe labor shortages, especially in leisure & hospitality, food service, and construction. With the economy rapidly reopening across the

United States SEC Approves Nasdaq’s New Board Diversity Disclosure Listing Rule

  What This Could Mean for You The new rules aim to provide widely available, consistent and comparable information that will contribute to investors’ investment and voting decisions. Under Nasdaq’s Rule, diversity is defined as one self-identified female director and one self-identified Underrepresented Minority or LGBTQ+ director. Most

Global Economics Intelligence executive summary, McKinsey & Company, June 2021

As the global economy emerges from the worst of the pandemic, strong growth returns, accompanied by inflation. Led by the United States and China, the world economy has resumed growth trajectories last seen in 2019. The OECD leading indicators point to growth above long-term averages in the United States

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