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WASHINGTON – October 6, 2022 – (Newswire.com)
RosettiStarr—an internatio…
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MEMPHIS, Tenn. – October 6, 2022 – (Newswire.com)
Evolve Bank & Trust (“Evolve”), a leading financial technology solutions provider, is proud to be the presenting sponsor for “Art on Fire,” benefitting the Dixon Gallery & Gardens (“Dixon”), in Memphis, TN.
Evolve has been a proud supporter of the Dixon for several years. Situated in East Memphis, the Dixon Gallery & Gardens provides art and horticulture educational opportunities for local children of all ages. It is also a world-class art gallery with stunning gardens. The “Art on Fire” event is the single largest fundraising event of the year for the Dixon.
“Being a good neighbor means being involved in the communities we serve. The Dixon is an incredible place to visit and serves the community through art education. Evolve is proud to be a small part in keeping art alive in the Mid-South,” said Scott Stafford, CEO, Evolve Bank & Trust.
“Evolve Bank has been a generous supporter of the Dixon’s education and outreach programs for many years. They are a committed partner, and they help make it possible for Art on Fire to deliver thousands of experiences in the arts and horticulture to people of all ages in our community,” noted Kevin Sharp, Director of the Dixon Gallery and Gardens.
Art on Fire will also feature food from local restaurants, art to buy, and a roaring bonfire. The event supports the Dixon’s art and horticulture programs which include dozens of community outreach programs for over 100,000 people each year. The event will be held Oct. 22, 2022.
Tickets are on sale via the Dixon’s website; Dixon.org/artonfire.
About Evolve Bank & Trust:
Evolve Bank & Trust, a technology focused financial services organization and Banking-as-a-Service (“BaaS”) provider, is a best-in-class financial institution offering specialized services in Open Banking, Personal and Business Banking, Mortgage, SBA Lending, Physicians Capital, Community Funding and Trust. Evolve is recognized as a global leader in the payments industry delivering ACH, Debit/Credit Sponsorship, Card Issuance and unique technology strategies to clients around the world. Evolve has been voted a Top Workplace USA and has been named in Inc. Magazine’s 5000 List of the fastest-growing private companies.
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866.367.2611
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Evolve Bank & Trust to Be Presenting Sponsor of Dixon Gallery’s ‘Art on Fire’
The National Real Estate Investment Firm’s Q3 Activity Includes Eight Transactions and a New Fund with $5.5B in Total Buying Power
ATLANTA – October 6, 2022 – (Newswire.com)
CARROLL, an Atlanta-based national real estate investment firm, today released its third-quarter report highlighting strong performance throughout the year despite a challenging economic backdrop. In the third quarter, CARROLL continued to take advantage of the current environment by disposing of six assets while acquiring two, with dispositions now totaling $2.2 billion for 2022 and acquisitions totaling $1.3 billion. As the market recalibrates, these transactions reflect the Firm’s conviction to exit individual properties, as well as the confidence to continue acquiring and developing in these same core Sun Belt markets.
In wake of Hurricane Ian’s destructive path through Florida, CARROLL stands with all those individuals who were impacted by the historic storm, especially those who are residents or team members at CARROLL’s 43 communities across the state. In conjunction with rebuilding efforts, CARROLL is commencing blood drives and taking donations to help those affected by the storm. “Despite the severity and still emerging effects, we want to shine a light on our amazing communities, such as our ARIUM Citrus Run residents who were out at 5AM Thursday morning working to assist the crews and community leaders to clear their local streets,” said David Perez, President and COO for CARROLL. “These Florida communities that have been impacted are extremely resilient, and we feel blessed to be able to serve them and our broader communities alongside them.”
“As CARROLL continues to evolve in the midst of global economic uncertainty, I am continually impressed by the performance from our team of 750+ employees across the country,” said Patrick Carroll, founder and CEO of CARROLL. “2022 is a year in which our company is proudly reinvesting in key growth drivers, setting the stage for both short-term and long-term success. Despite the industry bracing for a downturn, I remain confident in CARROLL’s future because we have proven successful in any climate.”
Transactions and Portfolio Performance
From July to September, the Firm executed eight transactions across five states – two acquisitions and six dispositions – totaling $868.4 million in transaction volume. The two acquisitions, both communities in South Florida, bring CARROLL’s units under management in Florida to nearly 15,000. Year-to-date, CARROLL has acquired a total of 14 properties, amounting to 4,720 units. Notably, 58 percent of CARROLL’s 2022 acquisitions are in Florida, a key Southeast Sun Belt market and a state CARROLL first entered in April 2013.
CARROLL’s six dispositions included a four-property portfolio of nearly 1,500 units in some of the best performing sub-markets in the Atlanta Metro area. Another exit, a 520-unit community in Carrollton, Texas, represented the final asset from a portfolio CARROLL acquired in 2017, accounting for more than 1,100 total units. During the five-year hold, CARROLL and its partners successfully executed amenity upgrades as part of a value-add strategy, elevating the competitiveness of the asset amidst the rapid growth of the Dallas Fort-Worth MSA.
As in Q2, CARROLL’s third-party management solutions, led by Rob Gayle, Vice President of Business Development, continued its growth, acquiring three new third-party assignments representing more than 1,000 units. Year-to-date, the Firm has added more than 2,500 units across three states, reflecting the quality of the CARROLL property management platform as well as the respect it has amongst property owners. CARROLL expects continued growth in the fourth quarter with several new assignment deals pending, including a property lease-up in Atlanta.
Prioritizing Philanthropy and ESG
To coincide with the start of a new school year, CEO Patrick Carroll donated $100,000 worth of sneakers to 600 youth members of the Boys & Girls Clubs of Miami-Dade, surprising the children with a pizza party, t-shirts, a DJ, and a live painting by a local artist commemorating the charitable event. CARROLL plans to bring Kicks for Kids to other cities across the United States. In addition to helping out at the first Kicks for Kids event in Miami, employees across the U.S. donated a total of 130 hours of volunteer time to local organizations and causes in support of the CARROLL Community Impact Program.
As part of the Firm’s commitment to ESG, CARROLL formalized its ESG committee, which will serve as a review and selection group to further the Firm’s ESG goals and to streamline its processes. Current projects include reviewing and selecting social programs for partnerships that align with company values, implementing a standardized utility data collection process and platform, and overseeing the addition of smart technology to reduce environmental impact.
Investing in Residents
CARROLL’s multifamily brand, ARIUM, concluded its 20-week brand campaign, reaching three million renters across the country. The campaign included a 13-week singing competition called Sounds of Summer, which was a massive endeavor that showcased user-generated content submitted by approximately 200 ARIUM residents. In addition to the content from the residents, ARIUM partnered with influencers who judged the singers in new episodes that dropped weekly via Facebook Live. More than 140 watch parties were held across the U.S., allowing on-site teams and residents to share in the journey of their neighbors, fostering a powerful sense of community among watchers and participants everywhere.
For Sounds of Summer’s grand finale, ARIUM flew the five finalists to Atlanta – each hailing from a different ARIUM community in the U.S. – to perform on-stage in front of a live audience. Each finalist shined in the spotlight, singing in front of nearly 200 attendees, and performing a group song with Texas Hill, a trio of alums from television singing competitions. Each talented finalist walked away with free rent, AMEX vacation vouchers, and a once-in-a-lifetime experience to participate in a national singing competition hosted by ARIUM, one of the country’s leading apartment brands. Jason, a resident from an ARIUM community in Florida, was crowned the 2022 Sounds of Summer winner, winning $1,500 in cash (plus the other prizes) and received a framed golden record commemorating his achievement. Closing out the concert, David Cook, American Idol winner and platinum recording artist, performed.
Looking Ahead
Heading into Q4, CARROLL is well-positioned to find new investment opportunities that expand its portfolio and vertically integrated platform. The Firm’s ability to be nimble and execute deals in every climate is a testament to its unwavering strength. In addition to favorable market fundamentals, CARROLL’s seventh investment fund, which closed in August at more than double the size of the Firm’s prior vehicle, emboldens the company to make strategic investments despite the unknowns ahead in the marketplace.
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About CARROLL
CARROLL, a privately held real estate company, was founded in 2004. With headquarters in Atlanta, Ga., and regional offices in Dallas-Fort Worth, Raleigh, Denver, Tampa, New York, and Los Angeles, CARROLL focuses on multifamily communities, including acquisitions, community and asset management services, ground-up development, and fund management. The Firm has raised more than $4.4 billion of equity through CARROLL-sponsored funds and joint ventures. CARROLL has successfully purchased, developed, or sold more than $20.9 billion in real estate.
The company manages more than 32,000 multifamily units across nine states representing $7.6 billion in assets under management and has purchased other multifamily owner/operators throughout the U.S. CARROLL has also developed student housing, single-family residential, and retail communities, and has managed more than $500 million in construction projects throughout the past 10 years. From due diligence to execution, CARROLL has the internal capabilities and the external relationships to identify, underwrite, and close transactions. For more information, visit carrollorg.com.
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CARROLL Exits Assets Totaling $2.2 Billion Through Q3, Acquiring $1.3 Billion
Spike Lee, Venus Williams, Tracee Ellis Ross, Shaquille O’Neal, Killer Mike, Big Sean, and More to Headline; ‘NAACP Powershift Entrepreneur Grant’ Submissions Are Now Open — Awarding $150,000+ in Black Business Grants
NEW CITY, N.Y. – October 6, 2022 – (Newswire.com)
Daymond John, the founder and CEO of FUBU and co-star of ABC’s four-time Emmy Award-winning show Shark Tank has announced the third annual Black Entrepreneurs Day presented by Chase. In conjunction with Medium Rare and The Shark Group, Black Entrepreneurs Day presented by Chase is an annual celebration of Black business, aiming to empower and celebrate entrepreneurs everywhere. Focused at the intersection of Business & Entertainment, Black Entrepreneurs Day presented by Chase has quickly become one of the largest and most awarded Diversity & Inclusion events in America. Last year’s event attracted over 6.5 million viewers and won its third and fourth Webby Awards as the Best Remote Business & Finance event on the internet. This year’s free global live-stream will air on Thursday, Oct. 27, beginning at 7 p.m. ET across the Black Entrepreneurs Day website, Facebook, and more.
Black Entrepreneurs Day presented by Chase will feature Game Changer Conversations presented by The General Insurance®. The thoughtfully curated segment includes one-on-one discussions with Black businesses leaders and cultural icons including Shaquille O’Neal, Tracee Ellis Ross, Spike Lee, Venus Williams, and Killer Mike, moderated by Daymond John. Musical superstar Big Sean will cap off the evening with a live performance. All new for 2022, The Build Black with Shopify’s Pitch Competition will be a highlight of the program as budding entrepreneurs pitch their businesses live.
Since its inception, Black Entrepreneurs Day has provided guidance and inspiration to the next generation of rising entrepreneurs as well as over $500,000 in business grants via the “NAACP Powershift Entrepreneur Grant,” created by Daymond John. Black entrepreneurs and small business owners across the country can apply now for a $25,000 NAACP Powershift Entrepreneur Grant on the event website through Oct. 12, 2022, at 11:59 p.m. ET.
“Being in year three accomplishes one of my original goals of making Black Entrepreneurs Day one of the most fun D&I events of the year that brings icons of the Black community to participate in important conversations and moments. I want to thank Chase for sharing my vision to make this possible and help bring in an incredible lineup. Black Entrepreneurs Day will once again inspire, educate, learn from, and celebrate those that are hustling, pushing forward, pursuing their dreams and, in many cases, thriving. It is truly my honor to return to Harlem’s iconic Apollo Theater and bring BED to a place near and dear to my heart while ensuring audiences throughout the world can stream the show for free,” said Daymond John.
Black Entrepreneurs Day is excited to welcome its A-list guests and business leaders to the world famous Apollo Theater in Harlem in front of a live studio audience. The legendary Apollo Theater plays a vital role in cultivating emerging artists and launching legends. Since its founding in 1934, the Apollo has served as a center of innovation and a creative catalyst for Harlem, the city of New York, and the world.
“Black Entrepreneurs Day provides an invaluable resource to a community that is historically overlooked when it comes to resources and funding. It is truly economic inclusion for us, by us. As we work to improve every aspect of the Black community — from education and health to building generational wealth — we know Black entrepreneurs and an inclusive, thriving economy are key. The NAACP will continue to ensure economic growth and sustainability for Black people. For the third year, we’re looking forward to seeing the ways that Black businesses are changing the landscape in industries like tech, beauty, travel and retail, and helping them scale through the NAACP Powershift Entrepreneur Grant,” said Derrick Johnson, President and CEO, NAACP.
Black Entrepreneurs Day presented by Chase Show Program:
● Game Changer Conversations presented by The General Insurance featuring Shaquille O’Neal, Tracee Ellis Ross, Spike Lee, Venus Williams, and Killer Mike
● Live Musical Performance by Big Sean
● “NAACP Powershift Entrepreneur Grant” Celebration & Showcases
● Build Black with Shopify’s Pitch Competition
● Building Generational Wealth Featuring Tiki Barber presented by J.P. Morgan Wealth Management
● Fulfill Your Dreams: A Small Business Roundtable Featuring Metta Sandiford-Artest presented by Alibaba.com
● Elevating Access presented by Lowe’s Featuring Lowe’s Chairman and CEO Marvin Ellison
● Historically Better powered by Pepsi Stronger Together
● Empowering Entrepreneurs presented by Chase
● Innovating for Health Equity Roundtable presented by Johnson & Johnson
● Magenta Edge Roundtable presented by T-Mobile for Business
● #FundBlackFounders presented by Google
● The Breakdown presented by The General Insurance
● Build Black with Shopify Roundtable
For the third year in a row, Daymond is honored to partner with JPMorgan Chase to power the Black Entrepreneurs Day broadcast. Through Chase resources, the firm offers financial tools and guidance to support business owners who want to start, run and grow their businesses. Through its Advancing Black Pathways (ABP) initiative, JPMorgan Chase is striving to strengthen the economic foundation of the Black community globally. In 2020, ABP partnered with Chase for Business to launch Advancing Black Entrepreneurs (ABE), an educational program that offers practical advice and resources to help business owners navigate challenges and prepare for long-term success. Brian Lamb, Northeast Segment Head of Middle Market Banking & Specialized Industries for JPMorgan Chase Commercial Banking, will discuss ABE during the Black Entrepreneurs Day program and will be joined by Earl “Butch” Graves Jr., President and CEO, Black Enterprise, and Mindelyn Anderson, founder of Mirror Group LLC. Additionally, during Building Generational Wealth presented by J.P. Morgan Wealth Management, Tiki Barber and Daymond will speak about how clients can become financially savvy and Barber’s career from a famed athlete to successful entrepreneur. “The journey of Black entrepreneurs can be a mosaic of highs and lows, but that journey can serve as an inspiration to generations. As a firm, we’re committed to helping Black entrepreneurs get access to the critical resources they need to be successful, and we are proud to be a part of Black Entrepreneurs Day, which seeks to support and celebrate this inspiring community,” said Byna Elliott, global head of Advancing Black Pathways at JPMorgan Chase.
For the third year in a row, The General Insurance will power the event’s “Game Changer Conversations” featuring Daymond in inspirational one-on-one conversations with Black business leaders and cultural icons. Prepare for game-changing conversations featuring Shaquille O’Neal, Tracee Ellis Ross, Spike Lee, Venus Williams, and Killer Mike. In addition to this year’s Game Changer Conversations, The General Insurance will also present a conversation entitled “The Breakdown,” featuring Morgan DeBaun, founder and CEO of Blavity, Inc., Ryan Wilson, CEO and co-founder of The Gathering Spot, and EJ Reed, co-founder of Slim & Husky’s Pizza Beeria, alongside Daymond John, focused on the importance of overcoming adversity and scaling Black-owned businesses.
PepsiCo is committed to addressing inequity and creating opportunities for Black communities and consumers through its various teams, programs, and initiatives including Historically Better powered by Pepsi Stronger Together. Historically Better is a platform that celebrates HBCU talent and culture, elevates and engages HBCU students, alumni and fans, and inspires the next generation of Black leaders. From highlighting industry trailblazers to awarding scholarships and internships, Historically Better utilizes the power of PepsiCo’s diverse brand portfolio to address inequity and level the playing field for HBCU students with an end-to-end experience celebrating Black excellence in all its forms. This year, Historically Better will host an exclusive conversation between Daymond John and Kenny Thompson, Jr., Vice President of External Affairs for North America at PepsiCo, on the importance of inspiring the next generation of Black leaders, live from Howard University amongst a select group of undergraduate and graduate students. “Historically Better powered by Pepsi Stronger Together celebrates the Black excellence that lives and thrives at our nation’s HBCUs. I’m proud to bring this program to Black Entrepreneurs Day and to highlight PepsiCo’s work to confront inequity and empower Black communities and businesses. By nurturing the next generation of cultural changemakers and supporting Black business owners as they grow and lift up their communities, PepsiCo can help drive change,” said Kenny Thompson, Jr., PepsiCo.
The future is now with Shopify. Through initiatives such as Build Black and its support of the 1MBB movement, Shopify has continued to reshape the ways in which minorities are supported and businesses, especially Black-owned businesses, are given a platform to be seen. Together with Daymond John and Black Entrepreneurs Day, Shopify will introduce an exciting new component of the show — Build Black with Shopify’s Pitch Competition. A live pitch competition taking place at the Apollo in front of a panel of judges, this year’s Pitch Competition will feature three Shopify merchants from their Build Black Community who are looking to win $25,000 and exclusive mentorship from Daymond John to further their business journey. In addition to the Pitch Competition. Shopify will also present a Build Black Roundtable featuring the three Black women who are actively working towards supporting and amplifying the thousands of Black businesses that come into the Build Black program, custom content and Daymond John’s BED Picks — a hand-selected list of Black-owned Shopify brands from the Build Black Community that we can’t get enough of.
Johnson & Johnson (J&J) is proud to partner with Black Entrepreneurs Day for the second year, as part of its Our Race to Health Equity initiative, a bold aspiration to help eradicate racial and social injustice within public health by eliminating health inequities for people of color. One of the ways the company is working to change the culture of healthcare is by investing in and supporting care models and solutions that drive healthier outcomes. During the Johnson & Johnson Innovating for Health Equity Roundtable, Daymond will host a dialogue with Vanessa Broadhurst, Executive Vice President, Global Corporate Affairs, Johnson & Johnson, Dr. Uché Blackstock, founder and CEO of Advancing Health Equity, and Barbara Rhoden, PhD, Head of Marketing, Primasun and Johnson & Johnson Innovation Board Fellow, to discuss how Black entrepreneurs are aligning business acumen and purpose-driven passion to address racial health inequities. The conversation will also cover some of the tools and resources that the company has put in place through Johnson & Johnson Innovation and Johnson & Johnson Impact Ventures, a fund within the Johnson & Johnson Foundation, to empower early-stage innovators to drive more inclusive healthcare solutions created for the community by the community.
Lowe’s has remained committed to supporting Black entrepreneurs through various programming and initiatives. Live from the Apollo Theater, Daymond John will sit down with Marvin Ellison, Lowe’s chairman and CEO, to discuss the unique ways Lowe’s has supported diverse communities and minority-owned businesses.
Alibaba.com, one of the world’s largest B2B e-commerce marketplaces and a business unit of Alibaba Group, is proud to partner with Black Entrepreneurs Day to present a groundbreaking conversation entitled Fulfill Your Dreams: A Small Business Roundtable centered on Alibaba.com’s innovative initiatives to support small businesses. Featuring past Alibaba.com Grants Program winners Eva Jane Bunkley and Matt Jones, as well as Alibaba.com’s Alex Tsai and renowned Metta Sandiford-Artest (formerly Metta World Peace), this conversation will further inspire entrepreneurs globally. Alibaba.com recently launched the Alibaba.com “Manifest” Grants Program, which aims to celebrate the innovativeness of U.S. small and medium-sized businesses (SMBs) and enhance the competitive edge of their products. Entrepreneurs can now apply for the Alibaba.com Manifest Grants Program HERE, which will provide monetary funds and procurement resources to small businesses that have innovative product ideas and go-to-market strategies. In addition, one lucky winner will receive one-on-one mentorship from Daymond John.
Google‘s dedication to supporting Black communities and entrepreneurs is unmatched through various initiatives such as the Google for Startups for Black Founders Fund and so much more. During this year’s Black Entrepreneurs Day, Daymond John and Melonie Parker, Google’s Chief Diversity Officer, will host a conversation entitled #FundBlackFounders, focused on the Black startup founders who are building great companies yet are locked out of access to the funding that is critical to their success. At its core, Google is on a mission to support diverse startup communities globally — and that’s precisely what Melonie and Daymond will dive into in this impactful discussion.
As a returning partner, T-Mobile for Business and its small business content destination Magenta Edge have joined forces with Daymond John for year three to present an exclusive Magenta Edge roundtable. Featuring three savvy, successful small business owners, this year’s Magenta Edge Roundtable unpacks how Black entrepreneurs can raise the odds of running a thriving business over the long run. They discuss the value of strong connections, how to better access capital, and the role the community plays in the staying power of a business. Magenta Edge is an initiative created by T-Mobile for Business on a mission to help American small business owners navigate the ups and downs of entrepreneurship. With a foundational focus on minority-owned small businesses, Magenta Edge has a growing library of original content, educational programming, real stories, and insights to help teach and inspire all entrepreneurs.
An avid supporter of Black-owned businesses and organizations as well as a returning partner of Black Entrepreneurs Day, Facebook will be the preferred streaming partner of this year’s event. Tune in to Daymond John’s Facebook page on Oct. 27 to watch for free.
The one-of-a-kind historic live-stream will take place on Thursday, Oct. 27, 2022, at 7 p.m. ET, live from Harlem’s World Famous Apollo Theater. The studio audience will be made up of NAACP groups, HBCU students, and those lucky enough to get a free ticket to the event taping on BlackEntrepreneursDay.com — Apply Now. For the millions of viewers watching at home, Black Entrepreneurs Day will be completely free and available worldwide beginning at 7 p.m. ET on the Black Entrepreneurs Day website, Facebook via Daymond John’s page and across all other social media channels.
Final Event Flyer — CLICK HERE
ABOUT DAYMOND JOHN
Daymond John is CEO and founder of FUBU, a much-celebrated global lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales. John’s marketing strategies and ability to build successful brands has made him a highly influential consultant and motivational speaker today. John is also an author of four best-selling books, including his New York Times best-selling books The Power of Broke (2016) and Rise and Grind (2018). A Presidential Ambassador for Global Entrepreneurship under the Obama Administration, John is celebrating his 14th season on ABC’s four-time Emmy Award-winning show Shark Tank where, as one of the original Sharks, he demonstrates his marketing prowess and entrepreneurial insights.
ABOUT MEDIUM RARE
Focused at the intersection of Sports & Entertainment, Medium Rare partners with athletes, celebrities, and brands to build iconic media properties. Medium Rare is the creator and producer of Webby Award-winning brands including Shaq’s Fun House, Daymond John’s Black Entrepreneurs Day, Guy Fieri’s Restaurant Reboot, The Sports Illustrated Awards, Rob Gronkowski’s Gronk Beach, SHAQ vs GRONK, and more. Medium Rare was founded by Joe Silberzweig and Adam Richman, who were recently honored with 4X Webby Awards, Forbes 30 Under 30, and Pollstar’s Next Gen Impact. Learn more at www.Medium-Rare.com.
ABOUT SHARK GROUP
The Shark Group’s team of expert communicators, strategic analysts, and creative heavyweights excels in propelling brands into the fabric of pop culture. Founded by award-winning entrepreneur Daymond John, the agency’s culture is deeply rooted in thinking like entrepreneurs to create value for its partners and clients. Some of its clients include Chase, Shopify, T-Mobile, AARP, Daymond John, Carlos Santana, Catherine Zeta-Jones, and many others. Learn more at www.TheSharkGroup.com.
Contact Information:
Zachary Rosenfield
CEO, Rosenfield Media Group
310.429.5555
Amanda Brocato
EVP, Corporate Strategies & Events, Rosenfield Media Group
512.743.3941
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A healthy work environment and flexibility are now highly influential factors that drive jobseekers in 2022, according to a study by CareerAddict.com.
NEW YORK – October 6, 2022 – (Newswire.com)
A recent study by CareerAddict, a leading, online career resource, has uncovered the latest job search trends in today’s post-pandemic era. The ‘Shift in Worker Expectations Post-Pandemic‘ study aims to explain the elements that comprise the driving force behind the Great Resignation, a term coined by organizational psychologist Anthony Klotz to describe the high, ongoing quit rates around the world.
A significant finding of the study was that 71% of jobseekers agreed that COVID-19 changed the type of work they were looking for. Among the main reasons for this collective shift in direction were the increased desire for flexibility and concerns around health, safety, and hygiene.
As Christopher Thoma, Head of Media & Marketing at CareerAddict, stated, “Prior to the pandemic, a healthy work environment wasn’t much of a consideration for most workers. Fast forward to 2022, it’s become an incredibly important factor…”
The survey also found that 60% of employees left their jobs in search of healthier work environments. Low pay, a lack of advancement opportunities, and feeling disrespected were the top reasons for job dissatisfaction. These factors fueled the Big Quit momentum even at a time of increased uncertainty caused by COVID-19. According to the data, 41% of jobseekers were not hindered by COVID-19 in their efforts to find better opportunities.
While this was anticipated, a surprising conclusion derived from the study was that 61% of jobseekers said the opportunity to work remotely was not a job search factor for them. Unlike previous years, remote work seems to no longer be considered as an important benefit by employees. The only age group that expressed a preference were jobseekers aged between 55 and 64, with 59% stating that remote work had been a search criterion in their job search.
As the job market undergoes notable changes, companies must continuously reassess their approach to hiring. While COVID-19 caused many people to reevaluate their needs and priorities, both on a personal and professional level, good pay, a healthy work environment, and progression opportunities are now the most desirable employment factors for jobseekers.
It appears that companies that fail to reward and value their staff will not only fail to attract new talent but also lose the fight against plummeting retention rates.
To see the full study PDF and all findings, visit https://www.careeraddict.com/.
About CareerAddict
CareerAddict is one of the world’s leading career resources, offering expert advice and industry knowledge to its audience of career-enthused individuals. Since launching in 2013, CareerAddict is focused on providing jobseekers, students, workers and employers all over the world with all the necessary tools and resources they need to achieve their professional aspirations.
Contact Information
For additional information or media inquiries, contact Joanna Zambas at [email protected]
Contact Information:
Joanna Zambas
Content Manager
Christopher Thoma
Head of Media & Marketing
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71% of Jobseekers Say COVID-19 Changed the Role They’re Looking for – CareerAddict Reveals
