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An Update on U.S. Workforce Activity
This report explores weekly workforce data across approximately 40,000 U.S. businesses and their 4.5 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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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.
Media Coverage
Analysis: The Fed Thinks it can Have it All: Strong Economy, Job Growth, Stable Inflation
Reuters | Real-time employment data monitored by Oxford Economics edged down early this month, and high-frequency measures of employee time kept by Homebase and UKG showed slow or no growth for the last week, the timeframe for the May jobs survey.
Media Coverage
Employee-Centric Data has Fundamentally Changed and Business Leaders Should Evolve to Keep Up
Forbes Technology Council | The dramatic events of the past year have impacted people in ways we have yet to fully grasp. Business leaders must be aware of how their employees have been impacted — emotionally, mentally, physically and beyond — and be thoughtful about what that means for workplace processes moving forward.
Press Release
UKG Expands Board of Directors, Welcomes Experts in Diversity, Transformation, HR, and Workforce Productivity
LOWELL, Mass., and WESTON, Fla. | UKG (Ultimate Kronos Group) today announced the addition of four new members to its board of directors: Melissa Thomas-Hunt, global head of diversity and belonging at Airbnb; Jennifer Morgan, head of portfolio operations at Blackstone; Pat Wadors, chief people officer at Procore Technologies; and Timothy Campos, chief executive officer at Woven.
Media Coverage
Structure, Skills Development Key for Global Payroll Departments
Bloomberg Tax | A recent survey by the accounting firm Deloitte showed that most respondents had their payroll operations in-house or both outsourced and in-house, said Judy Hamilton, director of payroll and global process owner at UKG, Inc.
Press Release
UKG Builds on Merger Momentum with Second-Quarter Revenue, EBITDA Growth; Bookings Increase by 32%
LOWELL, Mass., and WESTON, Fla. | UKG (Ultimate Kronos Group), a leading global provider of HCM, payroll, HR service delivery (HRSD), and workforce management solutions, today announced financial results for the second quarter of Fiscal 2021, ending March 31, 2021.