🏠 WFH vs. cold, hard cash

Managers are offering 20% more pay to work in-office, according to a new report.

October 10, 2024

👋 Well, hello there! It's World Mental Health Day, and we're curious: Is your workplace stress level more "namaste" or "nah, I'm stressed"? If it's the latter–you're not alone. About 74% of employees report negative mental health at work. Yikes!

Maybe it's time to check in on your work bestie lately? Or better yet, check in on your company's mental health initiatives? Because we believe the only thing that should be steaming at work is your coffee.

— Team Talivity ✨ 

P.S. We conducting a 1-minute survey of top performing talent leaders to help illustrate the changing dynamics in fractional and gig work for people leaders. By participating, you’ll receive the first look of this inaugural market report. Complete the survey here.

Today’s edition is a 3-minute read. Here’s what to expect👇

🗞️ Employers offering 20% more for in-office work
🌎️ US employment reaches new record
💰️ Retail recruitment costs plummet by over 56%
💻 TA roles at Intuit, Peloton
💼 Layoffs hit FreshBooks, Tome
📆 Can't miss upcoming industry events

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NEWS
One Thing You Should Know This Week
Robert Half's 2025 Salary Guide: The Price of In-Office Work and AI Skills

Global talent solutions firm Robert Half has released its 2025 Salary Guide, offering a crystal ball into the increasingly volatile (erm, evolving) job market. The guide reveals that while the job-hopping frenzy may have cooled, employers are now laser-focused on retaining top talent and filling critical skills gaps.

🖼️ The big picture.
The job market is shifting dramatically, driven by return-to-office policies, advancements in AI, and a wave of retirements. Companies are reassessing their staffing needs and compensation strategies, with a particular emphasis on in-office work and AI-related skills.

🧮 By the numbers:

  • 66% of managers willing to increase starting salaries for new hires to work in the office

  • 59% of those managers offering up to 20% more pay for +4 days in-office

  • 54% of hiring managers that say AI is reshaping needed skill sets

  • 37% of managers bringing in contract talent for AI-related projects

  • 45% of managers investing in training and upskilling their current workforce

💼 What this means for TAs.
Finding talent just got harder. Recruiters are now navigating a market where in-office premiums are becoming the norm and AI skills are in high demand. It's time to skill up and perfect your pitch for office-based roles. But hey, all these complications come with a silver lining. A nice bump in the salary range for recruiters with it sitting pretty at $65,750 — $89,500. Not too shabby…

👔 What this means for job seekers.
If you're on the job hunt, it's time to weigh your work-from-home enthusiasm against potential salary bumps for in-office roles. Like recruiters, consider upskilling in AI – it could make you a hot commodity. And don't forget to look at the entire compensation package, including those work-life balance perks.

🔮 Looking ahead.
The job market is in a state of constant motion. "Companies are reassessing their staffing needs and compensation strategies as the employment landscape evolves," Dawn Fay, Operational President at Robert Half, said in a statement. So, despite the post-pandemic hiring frenzy cooling off, there is still a possibility of a hiring boom in the future, especially for those with in-demand skills or willingness to work in-office. The future is straight-forward: the job market of 2025 is all about flexibility, upskilling, and maybe dusting off that office attire. The question now is…are you ready for it?

📥️ Read more from Robert Half.

NUMBERS

Numbers That’ll Make You Think

  • 254,000 — New jobs added in September in a display of faster-than-expected growth. (Talivity)

  • 69,000 — Jobs added in food services and drinking places last month, the leading industry of job growth in September. Sounds like Americans are hungry for both employment and a good meal out. (PYMNTS)

  • 159.1 million — Americans now employed, the highest-ever on record, making the gig economy a gigantic economy. (TKer)

  • 1 in 6 — Recruiters hesitant to hire recent college grads, proving that "entry-level with 5 years experience" wasn't just a meme. (Newsday)

  • 80% — Software engineers who'll need upskilling due to AI. It's time to ctrl + alt + educate. (Staffing Industry)

  • 72% — Executives who say they are planning to look abroad for talent, turning LinkedIn into a global game of "Where's Waldo?" for skilled workers. (Staffing Industry)

  • 64% — Professionals overwhelmed by workplace change. We think it was Greek philosopher Heraclitus that said, "the only constant is change," and it's constantly exhausting. (Staffing Industry)

LEADERSHIP LABS

Join Us To Discuss Employer Brand Authenticity in an Election Year

DEI is a major issue this election season, and the outcome could reshape HR policies—especially around DEI and labor regulations. Join Talivity and top experts from SAIF, The Martec, and exaqueo at our virtual event, Employer Brand Authenticity in an Election Year. We’ll dive into how these trends are shaping HR and what talent leaders like you can do to stay ahead. Don’t miss this timely discussion with leading voices in employer branding and DEI!​

➡️ Secure your free spot now.

INDUSTRY INTEL

M&A Deals, Industry Moves, & Other Things To Know

  • According to this month’s Talent Market Index report from Recruitics, it looks like Black Friday deals came early for HR budgets, with retail recruitment costs plummeting to 40.73% last month and 56.39% year-over-year. (Recruitics)

  • Hurricane Helene's fury exposes the precarious position of immigrant workers in Tennessee's manufacturing sector with many Mexican immigrant families and employers grappling with loss and unanswered questions over missing plant workers after the storm. (AP News)

  • HR analytics firm HireRoad is writing a new chapter in their story when adding Steve Pemberton, best-selling author and HR thought leader, to its Board of Directors. (HR Tech Feed)

  • Job board favorite ZipRecruiter unveiled its next-gen Resume Database, promising to find qualified candidates faster than you can say "You're hired!" (HR Tech Feed)

  • SoftBank CEO Masayoshi Son predicts human-level AI abilities within a few years … while our Roombas still can't figure out how to avoid our socks. (Wall Street Journal)

  • Staffing firm AMN Healthcare tapped former exec Brian Scott for a dual CFO/COO role. (Staffing Industry)

  • HR giant iCIMS tapped Jody Kaminsky as its new CMO, where she'll bring her marketing magic to a world where "ghosting" isn't just for dating apps. (iCIMS)

OPEN ROLES

Jobs You Might Want (For Yourself!)


For more of these roles delivered to your inbox every Monday, subscribe to the Talivity Jobs newsletter by clicking here. For a full list of open roles, head over to our job board by clicking here.

LAYOFFS

Places For You To Source Fresh Talent

  • Accounting software company FreshBooks announced layoffs affecting approximately 140 employees across all teams. (FreshBooks)

  • Global supply chain solutions provider Flexport is reducing its workforce by 2% amid a company reorganization. (FreightWaves)

  • Early generative AI leader Tome has laid off nearly a third of its staff in its second round of cuts this year. (The Information)

  • Pharmacy giant CVS Health plans to cut about 2,900 jobs in a cost-saving drive. (CNN)

EVENTS

Join Us For These Upcoming TA Events

  • Employer Brand Authenticity in an Election Year: Navigating the Political Landscape and Attracting the Next Generation of Workers

    📆 October 15, 2024 at 4:00 PM ET

    ⚡️ Master the art of employer branding amid election year challenges and attract the next generation of top talent.
    👉️ Register here.

  • Hire Innovations: Fall 2024
    📆 November 19-21, 2024 | 1:00 PM ET Daily

    ⚡️ Hire Innovations Fall 2024 is a dynamic 3-day virtual event designed to inspire and introduce you to cutting-edge technologies revolutionizing the hiring process.
    👉️ Register here.

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