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An Update on U.S. Workforce Activity
This report explores weekly workforce data across approximately 35,000 U.S. businesses and their 4.2 million employees.
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The Workforce Institute is a think tank that curates ideas, strategies, and best practices on how to create great workplace experiences in a way that positively impacts lives, communities, and business outcomes.
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UKG Grows Revenue, Unveils Vision for ‘Life-Work’ Products
HCM Technology Report | UKG said quarterly revenue increased to $798 million during its fiscal second quarter, which ended March 31, 2021. Subscription revenue grew 12% year over year, which the company credited to new-customer orders and increasing purchases by existing customers.
Press Release
UKG Welcomes #1 Ranked Women’s Tennis Player, Ashleigh Barty, to Family of Athletes
LOWELL, Mass., and WESTON, Fla. | UKG has strengthened its roster of UKG athlete ambassadors with the addition of Ashleigh (Ash) Barty – the #1 ranked women’s tennis player in the world.
Media Coverage
What CFOs Really Think about Returning to the Office
Fortune | An increasing skilled-labor shortage threatens to delay the manufacturing sector’s full recovery from the COVID-19 pandemic, according to a new study commissioned by The Workforce Institute at UKG. About 63% of manufacturers surveyed are “struggling” to fill critical labor gaps.
Media Coverage
When Aron Ain Started Working at Kronos, He Was 'Cleaning Bathrooms' and 'Taking Out the Trash.' Now, He's the CEO of Ultimate Kronos Group, a Multinational Technology Company Valued at $22 Billion.
Entrepreneur | When he graduated from Hamilton College in 1979, Aron Ain wasn’t sure what his next steps would be. A self-described “normal college student” enjoying life and figuring it out along the way, Ain’s decision to join a Boston-based startup didn’t stem from a deep affinity for business, but from the excitement that came with trying something new.
Media Coverage
How to Lead with a Work-Life Negotiation Mindset
Forbes Coaches Council | As many settle into permanent hybrid working arrangements, it’s more important than ever for leaders to keep a close eye on the health of their workforce. According to a March 2021 survey from Gartner, Inc., 93% of human resources leaders are concerned about employee burnout as employees increasingly split their working time between the office and their home. This concern is well warranted.
Press Release
Pandemic-Fueled Labor Shortages Intensify Talent Crisis in Manufacturing
LOWELL, Mass., and WESTON, Fla. | The resilience of manufacturing is unwavering — but not without struggle. A study commissioned by The Workforce Institute at UKG finds that, although many manufacturers are emerging from the COVID-19 pandemic on solid footing — with more than half (54%) achieving year-over-year growth — a mounting skilled-labor shortage threatens to delay the sector’s full recovery.
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