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A lawyer in India was just awarded $230 in damages after suing PVR INOX — the South Asian country’s biggest theater chain — when 25 minutes of pre-movie commercials made him miss a work call. The court agreed, saying “time is considered as money, each one’s time is very precious.” Yeah… You better believe we’re taking notes for our next corporate training that runs long. Maybe all those tedious meetings should also come with an “emotional damage” surcharge? Missed work calls can cost you money — but what if they can earn you some too? Imagine explaining to your boss that your missed client call wasn’t just inconvenient — it was worth $230 in court-approved damages. Perhaps “unavailable due to excessive pre-movie advertising” is about to become the hottest new out-of-office message. Got questions? Comments? A formula for calculating the monetary value of sitting through another “this could have been an email” meeting? Hit reply — we’d love to hear from you! — Team Talivity |
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NEWS One Thing You Should Know This Week
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The employment scene is experiencing quite a paradoxical standstill that defies all conventional (economic) wisdom. According to a new report from The Atlantic, the job market has entered what experts are calling “The Big Freeze” — a situation where despite low unemployment rates, hiring has slowed dramatically and workers are increasingly hesitant to switch positions.
Two seemingly incompatible things are happening simultaneously: unemployment hovers around 4% (which is historically excellent), yet the pace of hiring has slowed to levels last seen shortly after the Great Recession. The percentage of workers voluntarily quitting their jobs has fallen by a third from its 2021-2022 peak. So, right now, the labor market appears locked in place: employees are staying put and employers aren’t searching for new talent. This deadlock is particularly pronounced in white-collar professions, creating a job market that’s neither in recession nor truly thriving.
The hiring slowdown hits hardest at the bottom of the career ladder — particularly for young college graduates. This group has experienced a higher unemployment rate than the overall workforce since 2022 — the first sustained period of this kind since at least 1990. While young professionals typically drive much of the job-switching activity that keeps the economy dynamic, they’re now finding fewer entry points and advancement opportunities. This demographic is left with a major paradox in reality: a college degree remains valuable, but its immediate return on investment has completely diminished in a frozen market. This stagnation creates a dangerous slipper slope: If early-career professionals can’t move or change jobs, then productivity falls, innovation slows, inequality widens, and social mobility drops.
The frozen job market creates a unique opportunity for talent acquisition teams to pivot toward retention-focused strategies. This isn’t just about preventing departures at your company — it’s about creating an environment where talent thrives despite limited opportunities for upward mobility. In a frozen market, the smartest strategy is keeping your current talent warm. So, consider partnering with leadership on internal mobility programs and developing transparent skill-building pathways. Think about also conducting regular “stay interviews” rather than exit interviews, and perhaps more importantly, create meaningful recognition systems beyond compensation.
With hiring frozen, retention becomes mission-critical. March 7th (that’s tomorrow – so think quick!) is Employee Appreciation Day — the perfect opportunity to strengthen your talent retention strategy. Creative recognition doesn’t need to break the bank. Consider themed gift packages around desk and office upgrades that refresh workspaces, or wellness products encouraging self-care and a healthy work-life balance. Other ideas to consider are out-of-office gear, and motivational tokens celebrating your employees’ accomplishments and milestones. Check out this gift guide is a great place to start looking for these small – but mighty – tokens of appreciations. Small gestures create enormous impact. Custom packages with branded items and personalized notes can transform employee sentiment without major expense.
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NUMBERS Numbers That’ll Make You Think
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A MESSAGE FROM TEAK & TWINE Teak & Twine’s Employee Appreciation Gift Guide |
Recognizing the real MVPs of your company should be the easiest decision you make this month. On March 7 – Employee Appreciation Day – show your gratitude by giving the teams behind the scenes something unforgettable. Give them a gift that encourages, empowers, and is packed with top-tier fun.
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INDUSTRY INTEL C-Suite Shakeups, Industry Moves, & Other Things To Know
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OPEN ROLES Jobs You Might Want (For Yourself!)
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LAYOFFS Places For You To Source Fresh Talent
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