Improvement in labor force participation of minority groups
February 25 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Elizabeth Crofoot, Senior Economist, Labor Markets, The Conference Board | Frank Steemers, Associate Economist, The Conference Board | Comments (0)
Labor shortages are becoming one of the main barriers for sustaining a healthy US economy, especially in industries that hire many blue-collar and manual service workers. Is this a passing phase or a long-lasting problem?
Trust is the Tie that Binds Intangibles to Tangible Value: an interview with Barbara Brooks Kimmel
February 12 | James Gregory, Senior Fellow, The Conference Board | Comments (0)
Trust is an important, but often neglected, intangible asset of the corporation. Trust is a value enhancer for corporate value, and conversely, a lack of trust can destroy market value in an instant.
Making Intangibles Tangible: Companies Must Rethink Value Creation Beyond Brands
December 06 | James Gregory, Senior Fellow, The Conference Board | Comments (0)
I offer a Theory of Intangible Capital, a conceptual framework that includes brand as well as other internally grown unaccounted assets that don’t appear on the balance sheet but are reliable drivers of corporate value. Intangible capital is about understanding how intangible assets that you manage fit into the big picture of the total market value of the company.
Employers of blue-collar workers are much more affected by labor shortages
December 04 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Elizabeth Crofoot, Senior Economist, Labor Markets, The Conference Board | Comments (0)
It is not news that the US labor market is very tight. That is, with the unemployment rate near historic lows, employers are facing significant recruitment and retention difficulties. What is less known is that the labor market is tighter for blue-collar and manual services jobs than for the highly educated white-collar jobs. The exact opposite of prevailing trends in recent decades.
A clue to the mystery of the slow wage growth in the US
November 19 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Frank Steemers, Associate Economist, The Conference Board | Comments (1)
The Conference Board Salary Increase Budget Survey, which was just released this week, provides a unique explanation for why wages have been accelerating more modestly than many analysts have expected in recent years: Employers have been slow to raise salary structures in their companies. So, while wages for new hires have been accelerating since 2011, salary increase budgets are holding back overall wage growth.
Making Intangibles Tangible: Not Including Intangible Assets in Financial Statements Can Lead to Consequences
October 22 | James Gregory, Senior Fellow, The Conference Board | Comments (0)
We need a new conceptual model that incorporates the idea that intangible assets directly connect to business strategy. That way, they can financially impact both revenue growth and shareholder value. After all, a company develops its brand to improve its bottom line because consumers prefer to purchase from companies they know and favor. The same holds true for investors who buy the stock of companies they know and trust.