Workers won't accept less than $81,000 for a new role right now—despite fearing they'll be jobless soon [Yahoo! Finance]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Yahoo! Finance
York survey —but that still won't entice job hunters to lower their salary expectations for a new role. Every quarter, the NY Fed asks about 1,000 people about their job situation and outlook—and the share of people who think they're likely to be unemployed soon has reached a record high. The survey found that 4.4% of respondents currently expect to lose their jobs in the near future. To put that into context, the only other time it's ever hit 4% was when the pandemic struck in March 2020. Despite fearing they may be jobless soon, today's job seekers won't accept less than $81,147—up by almost $20,000 since March 2020. This figure is the average reservation wage of workers, which is the lowest wage at which respondents would be willing to accept a new job. Workers aren't expecting a promotion any time soon either Workers aren't being wholly irrational about losing their jobs. The Fed's data comes as workers are increasingly facing threats to their livelihood because of AI an
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News
- The case against performance reviews: It's time for bosses to throw out the ‘clunky' annual critique [Yahoo! Finance]Yahoo! Finance
- The case against performance reviews: It's time for bosses to throw out the ‘clunky' annual critique [Fortune]Fortune
- These 4 toxic mindsets can hurt you at work, psychologist says: They impact ‘all of us' [CNBC]CNBC
- Focus Search Partners Grows Interim Leadership Practice with Seasoned Leaders Barbara Haith and Matthew Zoltowski [Yahoo! Finance]Yahoo! Finance
- OUR RESCUE ANNOUNCES NEW LEADERSHIP TEAM MEMBERS TO EXPAND ITS GLOBAL MISSION AND IMPACT [Yahoo! Finance]Yahoo! Finance
KFY
Earnings
- 12/5/24 - In-Line
KFY
Sec Filings
- 12/18/24 - Form 4
- 12/11/24 - Form 144
- 12/9/24 - Form S-8
- KFY's page on the SEC website