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X @Forbes
Forbes· 2025-09-25 01:00
LinkedIn Growth Strategy - Discusses outsourcing LinkedIn growth [1] - Focuses on maintaining brand integrity while outsourcing [1] - Provides a 6-step guide to outsourcing LinkedIn growth [1]
Indian Tech Stocks Lose $10 Billion in Market Value on H-1B Hike
Yahoo Finance· 2025-09-22 10:44
Indian information technology companies took a hit Monday on concern that the hefty increase in US visa fees will pressure earnings at the nation’s leading outsourcing firms. Most Read from Bloomberg The sector gauge dropped 3% in Mumbai, its worst day in over five months, erasing $10 billion in market value. Shares of Infosys Ltd., Tata Consultancy Services Ltd. and Tech Mahindra Ltd. were the biggest drags on the index. President Donald Trump’s overhaul of the program, including a $100,000 fee fo ...
X @Forbes
Forbes· 2025-09-22 02:00
LinkedIn Growth Outsourcing - Outsource LinkedIn growth in 6 steps without damaging the brand [1] - The article provides a link for further information [1]
X @Forbes
Forbes· 2025-09-17 15:46
LinkedIn Growth Strategy - The article discusses outsourcing LinkedIn growth [1] - It emphasizes doing so without damaging the brand [1] Resources - The article provides a link to further information: https://t.co/Q4Yxm8AFza [1]
X @Forbes
Forbes· 2025-09-17 14:45
LinkedIn Growth Outsourcing - Outsource LinkedIn growth without damaging the brand [1] - Six steps to outsourcing LinkedIn growth [1] Resources - Links to external resources for further information [1]
X @Watcher.Guru
Watcher.Guru· 2025-09-05 20:19
Policy & Regulation - US government is reportedly considering blocking US tech companies from outsourcing jobs to India [1]
X @Watcher.Guru
Watcher.Guru· 2025-09-05 16:15
JUST IN: 🇺🇸🇮🇳 President Trump is reportedly considering blocking US tech companies from outsourcing jobs to India. https://t.co/ufvMSZ0zR4 ...
X @Bloomberg
Bloomberg· 2025-08-27 13:30
Business Strategy - UPS is outsourcing its proprietary weather-forecasting operations to cut costs and streamline its business [1] - The company is also offloading some tech support and investment office functions [1]
Aon (AON) Update / Briefing Transcript
2025-08-07 19:00
Summary of Aon Labor Market Study Conference Call Industry Overview - The conference call focused on the labor market study results for the insurance industry in the U.S. conducted by Aon and Jacobson Group, covering staffing trends and challenges within the sector [1][2][4][5]. Key Findings Employment Trends - The national unemployment rate is at 4.2%, while the insurance sector's unemployment rate is significantly lower at 2.3%, down from 3.1% at the beginning of the year [8][9]. - Total carrier employment has remained flat, with a slight decrease of 0.5% since January, indicating a stagnation below pre-pandemic levels [9][10]. - The staffing plans show that 81% of companies expect revenue growth, but only 53% anticipate increasing staff, indicating a divergence between revenue expectations and staffing growth [11][12]. Staffing Expectations - The percentage of companies expecting to decrease employees has hovered around 14%, a level not seen since the pandemic [13]. - The life and health insurance sectors are experiencing a decline in staffing, while property and casualty (P&C) sectors show slight growth [10][19]. - Companies are cautious in hiring due to growth being driven by rate increases rather than organic growth in policy counts [14][15]. Job Market Dynamics - Job openings in finance and insurance have decreased from 327,000 to 307,000, indicating a tighter job market [20][21]. - The staffing expectations for the next twelve months predict a modest increase of 1.03% in industry employment, with P&C balanced organizations expecting a growth of 2.4% [73]. Temporary Staffing - 84% of companies plan to maintain their temporary staffing levels, with only 5% expecting to increase and 11% to decrease [28][29]. - The use of temporary employees is influenced by automation and offshoring trends, particularly in the P&C sector [29]. Turnover Rates - Voluntary turnover is increasing, particularly in personal lines, reflecting employee confidence in the job market [30][31]. - The average turnover rate is reported at 6% for the last six months, lower than the twelve-month average of 9.2% [72]. Recruitment Challenges - The most difficult roles to fill remain in actuarial, executive, and analytics functions, with 12% of companies reporting increased difficulty in hiring compared to the previous year [71]. - There is a notable shift towards hiring experienced staff, particularly in technology and underwriting roles, while entry-level positions are more common in life and health sectors [45][49]. Additional Insights - Companies are increasingly offering flexible work hours, with 85% providing such options, which is becoming a significant factor in recruitment and retention [53][54]. - The impact of automation is a primary reason for expected reductions in headcount, with many companies reorganizing their staffing structures [69][70]. - The commercial lines sector is showing optimism for growth, particularly in specialty markets, while personal lines are recovering to historical profitability levels [51][52]. Conclusion - The insurance industry is facing a complex labor market characterized by low unemployment rates, cautious hiring practices, and a shift towards automation and offshoring. Companies are optimistic about revenue growth but are tempering their staffing expectations, leading to a modest outlook for employment growth in the coming year [66][68].
The Hidden Middlemen Gaming the US Work Visa Lottery
Bloomberg Originals· 2025-07-21 08:00
H1B Visa Program Overview - H1B visa is a path for foreign workers to work in the United States [1] - The H1B program was designed to attract skilled workers to fill high-skill jobs in the US where domestic talent is lacking [6] - The program is in dire need of reform [26] Challenges and Criticisms - The system is rife with opportunities for fraud and exploitation [4] - The lottery system does not make sense [4] - Some companies use the program as a massive labor arbitrage scheme to increase profits [5] - Staffing companies game the system by submitting the same person's name multiple times in the lottery [11][12] - Outsourcing companies bring in lower-salary workers, potentially undercutting American labor [13] - L1 visas are sometimes used inappropriately for non-managerial roles [19] Impact and Perspectives - Skilled immigrant workers bring money to the US government [3] - Immigrants make up a large portion of Silicon Valley's workforce [27] - Some economists estimate that millions more engineers and developers will be needed in the US [28] - The H1B visa is owned by the employer, giving them significant control over the employee [9][10] - Approximately 80% of H1B petitions are held by Indian workers [7] - In 2023, over 450,000 people registered for the lottery for only 85,000 slots [9]