The Herman Trend AlertJune 15, 2022Banking: An Industry in UpheavalA couple of weeks ago on a Saturday, a good friend of mine called me while she was waiting for her husband to make their monthly deposit of rent checks. Though there are four branches in Beverly Hills, none was open
Take Care of Your Talent or Else. . .
This week s Herman Trend Alert
 was supposed to be about the 4-day work week and how employers will implement it, rather this Alert focuses on a more pressing issue for employers. And though this Alert is about what is happening in the United States, we are certain that there are similar labor market situations worldwide, as we emerge from this challenging global pandemic.
Employers need workers to make their products and/or serve their customers. Without good people, companies are out of business. But what happens when companies are simply unable to hire the people they need? And what do they do about it?