This quarter’s Compass feature article offers ways to combat quiet quitting, enhance employee engagement and drive your organization forward in the new year. The newsletter also includes an overview of the industry’s current labor market and recent executive-level job changes.
The insurance industry remains relatively stable as we move through 2024. Our recent Q3 2024 Insurance Labor Market Study, conducted in partnership with Aon, revealed 86% of carriers intend to increase or maintain their staff sizes in the next 12 months. At the same time, the Bureau of Labor Statistics shows 11 consecutive months of ... Q3 2024 Insurance Labor Market Study Results: Hiring Continues
Published in Insurance Journal Providing an exceptional employee experience is vital for organizational success, particularly in the current landscape of hybrid and remote work. In this Insurance Journal article, Jacobson’s Corey Pinkham discusses how employers can support team members at every stage of the employee lifecycle—from recruitment to exit—by focusing on communication, professional growth, engagement ... Redefining the Employee Experience for Today’s Workplace
After rising to 3.1% in August, the unemployment rate for the insurance carriers and related activities sector dropped to 2.3% in September. The overall U.S. unemployment rate remains consistent, dropping just a tenth of a point. The industry also added jobs, marking its 11th consecutive month of job growth. Within the larger finance and insurance sector, ... October 2024: Labor Market PULSE
Insurers continue to adapt to an evolving labor market. From interview timelines and the most important candidate traits, to desirable leadership qualities, we’ve polled our LinkedIn audience for insights on their processes and priorities. Below is a glimpse into the industry’s current attitudes and areas of focus. As market conditions shift, so do talent priorities. ... Polling Results: What Is Influencing Recruiting Today?
We are excited to share that The Jacobson Group has once again been named one of Business Insurance’s Best Places to Work in Insurance. At Jacobson, we are committed to fostering the growth and success of our team members at every stage of their careers, and we are proud to be recognized as a company ... Jacobson Employee Spotlight – Q3 2024
CHICAGO – The Jacobson Group has been named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow. As the leading provider of talent to the insurance industry, Jacobson attributes its ongoing success ... The Jacobson Group Named in Business Insurance’s 2024 Best Places to Work in Insurance List
A perceived slowing of the job market has led some companies to become disillusioned about the availability of candidates. As a result, they’re adjusting their approach to hiring, often elongating the interview process, missing out on qualified individuals and ultimately being unable to effectively fill their open roles. Candidates who were initially enthusiastic about an ... Recruiter Report: Your Interview Timeline’s Influence on Hiring Outcomes
While the insurance carriers and related activities sector saw an uptick in unemployment for August, the next few months will reveal whether this is a notable trend. The industry experienced two similar spikes last year, in December (to 3.4%) and in June (to 3.2%). However, in both instances the unemployment rate quickly lowered back to ... September 2024: Labor Market PULSE
Remote and hybrid work have become standard in the past few years, and many executives have valued these work arrangements. They have found it can significantly improve work/life balance while still allowing them to be very effective in the workplace. Some insurers are beginning to bring employees back into the office, and this can be ... Executive Relocation in the Post-Pandemic Era
The Claims and Litigation Management Magazine covered Jacobson and Aon’s Q3 2024 Insurance Labor Market Study, highlighting that small-sized companies are most in need of claims professionals.
The results of the third quarter iteration of the 2024 U.S. Insurance Labor Outlook Study are now available. The study, led by The Jacobson Group and Aon.