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The Minimum Wage Increase of 2024: Impact on Businesses

The minimum wage has increased in 23 states in the US throughout 2023 and in January 2024, as part of previously scheduled efforts to reach $15 an hour or to account for cost-of-living changes.

Why is Employee Turnover High in the Insurance Industry in 2024?

The global insurance industry has been growing at a slower rate than the economies in which they operate. In the United States and Europe, nominal GDP grew at a Compound Annual Growth Rate of 4 percent over the past 20 years, but premium growth grew at a CAGR of 2 percent (according to a 2023/2024 Market Overview by McKinsey).


Employee Spotlight: Janet Chavez

Staff Boom is committed to recognizing and valuing our employees' exceptional contributions. Through our Quarterly Employee Spotlight series, we showcase exceptional talent within our team and acknowledge their accomplishments.

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