Challenger, Gray & Christmas, Inc.

Offboarding is often an overlooked aspect of the employee lifecycle, 𝒃𝒖𝒕 𝒊𝒕’𝒔 𝒚𝒐𝒖𝒓 𝒍𝒂𝒔𝒕 𝒄𝒉𝒂𝒏𝒄𝒆 𝒕𝒐 𝒍𝒆𝒂𝒗𝒆 𝒂 𝒍𝒂𝒔𝒕𝒊𝒏𝒈 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒊𝒎𝒑𝒓𝒆𝒔𝒔𝒊𝒐𝒏. https://hubs.li/Q02VfqnW0 A bad offboarding experience can lead to negative online reviews and tarnish your employer brand. Tailor your offboarding process to the reason for departure. Read more from our conversation with Taylor Meadows, Head Strategist, Employer Brand at Glassdoor.

Offboarding is often an overlooked aspect of the employee lifecycle, 𝒃𝒖𝒕 𝒊𝒕’𝒔 𝒚𝒐𝒖𝒓 𝒍𝒂𝒔𝒕 𝒄𝒉𝒂𝒏𝒄𝒆 𝒕𝒐 𝒍𝒆𝒂𝒗𝒆 𝒂 𝒍𝒂𝒔𝒕𝒊𝒏𝒈 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒊𝒎𝒑𝒓𝒆𝒔𝒔𝒊𝒐𝒏. https://hubs.li/Q02VfbZ60 A bad offboarding experience can lead to negative online reviews and tarnish your employer brand. Tailor your offboarding process to the reason for departure. Read more from our conversation with Taylor Meadows, Head Strategist, Employer Brand at Glassdoor.

🌟 Preparing for a Future-Ready Culture! 🌟 Join The Institute for Corporate Productivity (i4cp) and the NHRA - Los Angeles (National Human Resources Association) on November 7th where experts will explore how to cultivate resilient, adaptable cultures ready for tomorrow’s challenges. This session is a must for HR leaders looking to drive meaningful change, foster innovation, and prepare their teams for the future. Thanks to our SVP Pete Tzavalas who serves on NHRA-LA's Board of Directors. He is offering the code "Member" for free admission. 🗓️ Date: November 7, 2024 📍 Location: IMA Don’t miss this chance to connect, learn, and lead with insights from industry frontrunners! Secure your spot today. https://hubs.li/Q02WPJ1l0 #FutureReadyCulture #HRLeadership #i4cp #NHRA #teamChallenger

Love these upbeat Yahoo Finance columns. Thanks to Beverly Jones for your insights. Challenger, Gray & Christmas, Inc. #jobs Yahoo Finance

In October, U.S. employers announced 55,597 job cuts, marking a 23.7% decrease from September. However, job cuts in 2024 remain 4% higher than this time last year, with sectors like #Aerospace seeing a major uptick due to recent announcements from Boeing. Key Stats: 🔹 YTD Total Job Cuts: 664,839 (+4% YoY) 🔹 Top Sector – Technology: 120,470 cuts in 2024 🔹 October Leader – Aerospace: 18,465 cuts Many industries are cutting well above 20% more workers this year than last (check the graphic). Read the full report for insights on the current #jobmarket, industry trends, and hiring plans for the rest of 2024. https://hubs.li/Q02WvBSZ0 #EmploymentTrends #JobCuts #LaborMarket #HiringTrends

Our latest CEO Turnover Report is out! CEO turnover has reached a new high with 1,652 exits so far this year — the highest year-to-date total on record since tracking began in 2002. 📊 Key Highlights: 551 CEOs left in Q3 2024 – the highest quarterly total ever Non-Profit, Health Care, and Technology sectors lead the exits Women CEOs now make up 27.3% of new leaders, slightly down from last year Companies grapple with AI, automation, and regulatory changes driving leadership shifts Read the full report for insights into what’s driving these changes: https://hubs.li/Q02WkDZm0 #leadership #CEO #businessnews #executivecoaching #corporatetransitions

Companies are reporting less difficulty filling roles this year compared to last. Job openings have fallen over last year, while workers are less likely to quit their current jobs. That said, in-person roles were the most difficult to fill and several respondents discussed their companies were no longer posting remote roles, making it difficult to attract talent. #RTO #ChallengerHRSurvey #retention #employerbrand https://hubs.li/Q02WkCgG0

Job loss is 𝐭𝐫𝐚𝐮𝐦𝐚𝐭𝐢𝐜. Employees experiencing this loss are often angry, and some may focus this energy negatively. Great job coaches who are empathetic and care help focus this energy on creating and executing strategies for finding the next role: https://hubs.li/Q02VcCMl0 Reason #4 companies invest in outplacement: they limit risk of litigation and reputational damage when affected employees find new roles faster, feel supported by their former employer and have reason to be optimistic.

Are you noticing less diversity in your leadership ranks? Challenger's data on #CEOturnover shows fewer women are rising to the CEO role this year compared to last and that new women CEOs have never surpassed 30% of all new CEOs. Meanwhile, 8 CEOs in the Fortune 500 are Black, down from a peak of 9 last year. This could have huge implications for #retention, #hiring, and #employerbrand. Story via CNN https://hubs.li/Q02VTrr60

HR Fest: A Collaborative Space for Action-Oriented HR Leaders Our SVP in NYC, Heather Dolan and Emily Frieze-Kemeny, Founder & CEO of AROSE GROUP teamed up to host HR Fest, gathering senior HR and talent leaders from across NYC and NJ. This latest event provided a vibrant space for collaboration, meaningful conversations, and connections, all driven by the bold hashtag #GSD. If you're a senior HR or talent leader in the NYC/NJ area, this is your chance to join a dynamic network of like-minded professionals making an impact. Reach out to Heather on LinkedIn to explore how you can get involved! Come be part of the #ChallengerConnection in #HR! Check out the recap from this event here: https://hubs.li/Q02VRMzH0 #HRFest #Leadership #HRCommunity #Networking