Memos by Daggerfinn | The #1 Employer Branding Podcast

In an excellent piece on Bloomberg Wealth, the many dimensions and factors that go into hiring, HR, employer brand, and compensation are explored in the banking industry - where even 8 figure compensation packages aren't enough, sometimes, to attract the talent that those organizations need to thrive.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

Electric Pickup Truck Maker Rivian went public today in a spectacular IPO that values the company at a much higher market cap than some of its much-hyped competitors, including Lucid Group and NIO. Interestingly, Rivian's IPO has motivated an uptick in interest in jobs at the company, which is a testament to how attractive it is to work in the EV space today.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

New York Governor Katie Hochul has unveiled a new spending proposal designed to bring tourism workers back to work in New York state. Tourism makes up 10% of the workers in the state and is the state's 3rd largest industry, rendering it imperative to get the industry back moving again for a full recovery. But is this government intervention something we'll see across the country with different industries? Will it even work?

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

The number of seasonal workers that the retail industry is forecasting will be required to service demand is enormous. If the past 18 months are any indication, retailers could struggle to hire as many seasonal workers as necessary this year. What will this mean for the shopping experience if retailers cannot hire enough workers? What will this mean for inventory and shelf stocking? The best employer brands will separate themselves as employers of choice, and we will be able to see which retailers have the strongest value proposition for the talent markets.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

Taking an overly simplistic look at the labor shortage can often lead to conclusions that don't quite sum up exactly what is going in the labor markets. The truth is that the labor shortage is a function of many different factors that won't be easy to untangle quickly.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

West Hollywood City Council has passed a wage hike for workers in that city, bumping up minimum wage to $17.64 an hour, with plans to reach $18.77 an hour by July of 2023. What are the implications of such a move for employers? What are the implications of such a wage hike to employees? We discuss.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

The October 2021 jobs report is out and reported that employers added 571,000 jobs. Broken out, however, this number highlights a growing trend that may not signal great signs for the market - most of the jobs were gained in big companies and the services sector. What does this mean for other important sectors of the economy? Where is manufacturing? How are supply chain roles doing? There are important trends to think about.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

Leading real estate marketplace Zillow has announced that it will be closing its iBuying unit, Zillow Offers, and laying off 25% of its workforce over the coming years. This announcement triggers a crucial time for the company as many will look to see how and whether it delivers on its promise to look after employees affected.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

Solving the labor shortage is a huge task and one that cannot be fixed with incremental tactics that only move the needle a tiny amount. In fact, small gestures don't move the needle at all when it comes to enticing workers to come back to the labor force.

To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.

Labor participation rates across most age groups is starting to tick positively again after the lows of 2020 due to the pandemic. One age cohort, however, that isn't coming back? The 55+.

A great unlock for organizations looking for talent could be to figure out how to access this group of workers - who have ample experience, and just need a little nudging to be enticed back, perhaps?