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The Herman Trend AlertMay 26, 2021On-Demand PayAs I have reported in the past, financial stress for employees is a huge issue. In fact, according to a study by the service supplier Even, 60 percent of employers said financial stress affects their employees' ability to focus and 65 percent of workers
COVID-19 and Sleep If you've had trouble sleeping over the last year, you're not alone, as reported in a new national sleep survey from 23andMe. According to their report, new data suggest that another side-effect of the pandemic is that many of us are having more difficulty falling asleep. Plus, when we finally do fall asleep, we're waking up more at night and/or having COVID-related or health-related dreams. COVID Insomnia, COVID Dreams The results of this sleep survey reflect how much the pandemic has disrupted our lives. More than 25 percent of those surveyed reported having diffic...
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 t...
Unhappy Employees Are Ready to Bolt From: Unhappy Employees Are Ready to Bolt For years, my late partner Roger Herman and I expected to see unprecedented churning in the labor marketplace. Though eventually in the years after the Great Recession, there was significant employee turnover, then came the COVID-19 Pandemic. Now, as we emerge into our post-pandemic future, new statistics from a recent survey indicate that we are on the brin...
Revenge Spending Expected Revenge Spending Expected CAVEAT: Sadly, the Governors of the several of the Republican-controlled states have decided to prematurely lift their mask mandates and open restaurants (and bars) to 100 percent capacity. This misguided move may result in proliferating virus mutations and thus, variants. If that disease spread comes to pass, as expected, it will cause a delay in the arrival of Normal 3.0 (our Post-COVID environment), which is when we will see Revenge Spending. On Monday, I atte...