With Millennials now representing the largest generational segment of the U.S. labor force and Generation Z poised to enter the labor market, the question of how traditional industries can attract these younger workers has become increasingly critical. From misperceptions of what these generations expect in a career to missteps in adjusting their internal structures and…

Read More

The nature of the modern workforce is rapidly changing and the  fluid power and mobile equipment industries are not immune to this evolution. A combination of a more global workforce and an increasingly tight labor market have accelerated the need for companies to develop and implement remote workforces. Unfortunately, resistance and misunderstanding have led many…

Read More

Most companies have endured the damage of a bad hire. From the time and money spent onboarding a new hire to the negative effects on productivity and morale, the impact of placing the wrong talent can resonate long after that employee has been released. According to a 2012 survey conducted by CareerBuilder, one in four…

Read More

The market for specialized talent has been tightening for nearly a decade. In addition to an economy on the rise, rapidly evolving technologies and shifting definitions of the labor market itself only serve to further exhaust what seems to be a dwindling supply of properly trained and educated professionals. The fluid power and mobile equipment…

Read More
Equipment Leasing Industry

  The Equipment Leasing & Finance Foundation has released the March 2018 Monthly Confidence Index for the Equipment Finance Industry which is designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector. Overall, confidence in…

Read More
Global Construction Equipment

Global construction equipment sales rose 28% last year to almost 895,000 units, according to specialist forecasting and market research company Off-Highway Research. This was the highest the market has been since 2012, and was a marked turnaround from 2015 and 2016 when worldwide equipment sales bottomed-out at 700,000 units. China was a key driver of…

Read More