While you were busy hunting down a free Slurpee, formulating your apology to Bill Clinton, live-tweeting Sharknado, or cutting ties with Tom Cruise and John Travolta, here’s what you may have missed in workforce news this week, by the numbers:
1: Percentage of companies in the U.S. that give employees unlimited paid vacation, according to a recent SHRM survey. Experts believe more companies should embrace such practices, as flexible policies like unlimited leave can increase engagement, productivity, and ultimately, the bottom line. (Omaha.com)
9: Average number of vacation days most Americans left unused last year, according to a Hotwire survey, partially out of fear they will be fired or lose credibility. Instead of making Americans more productive, however, experts say neglecting vacation time could prove more detrimental, as stress-related health care costs add up to $344 billion a year. (Marketplace)
77: The percentage by which the probability of a woman being promoted increases when there’s a 33 percent increase in the proportion of women at the level of the job being filled, according to new research by a professor at Cornell University’s Johnson Graduate School of Management. In other words, women have better access to executive jobs when other women have held those jobs previously. (Phys.org)
360: Degrees in a circle, which some experts say is the ideal shape for a boardroom desk. According to new research from Canada, round tables foster more collaboration at workplace meetings than more angular tables. (Government Executive)
2.2 million: Number of Americans who voluntarily left their jobs in May, making America’s “quit rate” – the number of people quitting as a share of the employed — 1.6 percent. Experts say the fact that this number has remained unchanged for the last three months is a sign that Americans are still afraid to quit their jobs. (WSJ)
39: Percentage of large U.S. employers projected to host on-site medical clinics by 2014 – according to a Towers Watson study – in efforts to minimize lost productivity due to sick days and doctor visits while increasing retention rates. (WSJ)
4.4: percentage of the 2,000 job seekers Talent Board recently surveyed who said they received specific hiring managers and recruiters. While experts recommend being cautious in providing candidate feedback, ignoring rejected candidates altogether could lead to missed opportunities. (Fortune)
20,200: Number of veterans and military spouses the U.S. Chamber of Commerce’s Hiring Our Heroes program has placed in jobs since March 2011. (CNNMoney)
31: Percentage of companies planning to hire temporary workers in the next six months, up from 21 percent who said the same last year, according to CareerBuilder’s most recent Hiring Forecast. (TheHiringSite)
Did we miss anything? What were your favorite news items from the week?Related
Forget what you think you know about HR... it's all about to change.
Sign up to start getting exclusive content designed to empower you with the insight necessary to go from HR professional to strategic business partner.