Hiring - McGraw-Hill Introduction to Business

[VIDEO] Why Walgreens And CVS Are Shutting Down Thousands Of Locations

October 24, 2024

Walgreens and CVS stores are common sights on American street corners, but in the coming years there will be significantly fewer of them around. The video below takes a detailed look at the recent struggles faced by U.S. pharmacy chains as they plan to shut down thousands of locations nationwide.

Questions:

Why are Walgreens and CVS closing thousands of stores over the coming years? What are some factors that have contributed to their problems?
How can entrepreneurs help prevent “pharmacy deserts”?

NLRB Rules Against Non-Disparagement Clauses

March 31, 2023

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Earlier this year, we looked at how the Federal Trade Commission (FTC) proposed a ban on noncompete clauses in employer contracts, which restrict the jobs that former staffers can take once they leave a company. Another controversial clause that some businesses place into contracts prevents ex-employees from talking bad about their old jobs if they accept a severance agreement. Labor advocates have long criticized nondisparagement clauses for infringing on the rights of workers, a point that the National Labor Review Continue reading →

Regulation, Hiring, Motivation, FTC, Ethics, Noncompete clauses, Human Resources, Employee turnover, Labor Relations, Severance

Chapter 1: Taking Risks and Making Profits, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Companies Confuse Job Seekers with Fake Listings

March 23, 2023

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Although the collapse of SVB and the resulting economic fallout has rattled global markets, many companies are hoping to restore faith among investors by showing signs of growth. The clearest sign of a growing business is one that is hiring people, after all, leading some firms to place job listings with no intention of actually bringing anyone on board. In fact, a recent survey of 1,000 hiring managers found that 27 percent of respondents reported leaving job listings up for Continue reading →

Hiring, Turnover, Economics, SVB, Ethics, Human Resources, Banking

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Bonus Chapter A: Business Law

Rising Inflation Could Damage Economic Gains Made by Women

March 8, 2023

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People around the world celebrate International Women’s Day every March 8th, paying tribute to the achievements of women while also campaigning for greater gender equality. While issues like equal pay and opportunity for women have certainly received a lot of attention in recent years, companies still have a long way to go before they reach total parity. To make matters worse, economists say that women are disproportionately feeling the effects of the cost of living crisis brought on by rising Continue reading →

Gender equity, Wage gap, Management, Motivation, Global, Ethics, Regulation, Human Resources, Hiring, Compensation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

[VIDEO] The Artificial Flower Factory that Serves Celebrities

January 20, 2023

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This video dives deep into the story of M&S Schmalberg, the last artificial flower factory in the U.S. that crafts beautiful blossoms by hand. Located in the heart of Manhattan, this family-owned business serves everyone from top fashion designers and celebrities to individual clients with personal projects in mind. The video below delves into the history of M&S Schmalberg and its artisanal production methods while also examining the rise and fall of the American artificial flower industry over the span Continue reading →

FTC Proposes Ban on Noncompete Clauses

January 18, 2023

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For years, many major companies have depended on noncompete clauses to hang on to their most talented employees. These binding agreements prohibit individuals from taking jobs at similar firms or from striking out on their own for a specified period of time. Companies claim that they insert noncompete clauses into employee contracts in order to ensure the safety of trade secrets and other confidential data like consumer lists or contact information. According to a recent proposal from the Federal Trade Continue reading →

Ethics, FTC, Human Resources, Noncompete clauses, Labor Relations, Employee turnover, Regulation, Motivation, Hiring

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Managers Strive to Hit the 90-Day Mark with New Hires

August 9, 2022

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Seeking out qualified employees and then hiring them is a costly process for even the biggest companies, which is why most managers strive to keep their staff around for as long as possible. Sometimes fresh hires don’t feel the same way, though, and they leave their new jobs as swiftly as they joined. These “quick quits” are especially prevalent in the current job market where employee turnover remains high. As a result, companies are focusing on a key milestone: a Continue reading →

Management, Marketing, Motivation, Franchising, Hiring, Training, Company Culture, Human Resources, Onboarding

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 13: Marketing

[VIDEO] Why Tech Stocks Are Dropping

June 24, 2022

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Last week, we looked at how declining stock prices are signaling to analysts that an economic recession could be on the horizon. This video looks at how the recent downturn has been especially grim for tech companies, whose shares are down significantly due to rising interest rates and global instability.

Questions:

What are some factors that have caused tech stocks to fall sharply in recent months?
How have hiring decisions by companies like Facebook contributed to the tech stock downturn

Supply & Demand, Stock Market, Tech sector, Supply chains, Hiring, Securities Markets, Product Distribution, Federal Reserve

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 15: Distribution, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Videos

[VIDEO] How the ‘Great Resignation’ Is Reshaping the American Workforce

November 16, 2021

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The pandemic completely upended the concept of work in the U.S., resulting first in mass layoffs as companies closed down followed by mass resignations when businesses returned. This video looks at how the first problem may have led to the “Great Resignation” as workers continue to leave their jobs and companies struggle to attract talent.

Questions:

Why have employment rates in travel and hospitality struggled to return to pre-pandemic levels?
What are some of the causes of the Great Resignation? Continue reading →

Hiring, Motivation, Travel, Global, Human Resources, Supply & Demand, Labor Relations, Compensation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 10: Motivation, Chapter 11: Human Resource Management, Videos

Restaurants Reconsider Wage Structures after Employee Shortage

September 23, 2021

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Since the widespread restaurant shutdowns of 2020, workers have steadily started to leave the food service industry, many for good. Along with the dangers of working in public during a pandemic, employees also found that some customers at reopened restaurants tended to tip less while others responded aggressively to mask rules. As a result, eateries across the country have nearly one million fewer filled positions than they did before the pandemic, amounting to an 8 percent decrease. And in a Continue reading →

Food & Drink, Human Resources, Supply & Demand, Labor Relations, Coronavirus, Pandemic, Hiring, Restaurants, Recruitment

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions