In recent economic reports on market predictability within the Manufacturing, Sciences, Technology, and Supply Chain sectors – the overwhelming theme is for organizations to stay resilient in adapting to the “new normal” post-pandemic. Over the next few months, we’ll be exploring how these markets stay resilient amidst the uncertainties of this ever-changing COVID-19 landscape. This… Read more »
In recent economic reports on market predictability within the Manufacturing, Sciences, Technology, and Supply Chain sectors – the overwhelming theme is for organizations to stay resilient in adapting to the “new normal” post-pandemic. Over the next few months, we’ll be exploring how these markets stay resilient amidst the uncertainties of this ever-changing COVID-19 landscape. This… Read more »
In California, the landscape for engineering consulting continues to be confusing and restrictive. AB-5, implemented in 2020, almost entirely precludes hiring entities from engaging engineering consultants. With the recent passage of Prop 22 and AB 2257, the situation remains largely unchanged except for some added complexity. Here is a breakdown: Brief Recap: AB-5 is a law… Read more »
With all the surprises 2020 threw at us, doesn’t it make sense to start planning for 2021? Anticipating an economic rebound, here are some workplace predictions to look out for: 1. REMOTE WORK IS HERE TO STAY If you perform a web search on what the Future of Work will look like post-COVID, the… Read more »
As we approach the end of 2020, we are thankful for the stronger than expected business activities in a few of the technology sectors we serve. Not only are these sectors showing resilience, but in certain cases, they are experiencing growth and are expanding. HERE ARE SOME EXAMPLES OF INDUSTRIES THAT ARE ON A POSITIVE… Read more »
The U.S. Food and Drug Administration (FDA) has been accelerating requests for Emergency Use Authorization (EUA) of Medical Products to enhance the fight against COVID-19. Leading the way are companies developing diagnostic tests for SARS-CoV-2. Among these are well-known manufacturers of medical devices and diagnostic tools such as Thermo Fisher, Abbott Laboratories, Cepheid and Roche Molecular Systems…. Read more »
As businesses evaluate what positions are critical in their operations while recovering from COVID-19 and the Shelter-In-Place orders — remote work is expected to be an essential function presently and in the future. In a survey by Gartner, employers said they expect that 48% of their workforce will likely work remotely occasionally even after COVID-19 passed…. Read more »
According to a study performed by PWC Global, a multinational research and advisory firm, the semiconductor industry is expected to grow by $30 billion per year up to 2022. Even with the emergence of COVID-19, there are different markets that are driving the worldwide demand for chips and wafers, which in turn has increased the… Read more »
When AB-5 was enacted on Jan. 1st, the law which added restrictions on how workers can be identified as independent contractors – Or 1099s – had additional language which exempt engineers. But does that mean ALL engineers are exempted? With the AB-5implementation, all 1099 workers must meet the ABC Test criteria, with the exception… Read more »
A new report from the World Economic Forum stated that as many as 50% of all workers are at risk of losing their jobs to automation. Mechanical Engineers have a low rate of the possible robotic takeover at 1.1% probability. In December 2019, the World Economic Forum and international Think Tank, The Century Foundation,… Read more »
