Corporate Social Networking Trends in Talent Management
While the formal implementation of social networks and Web 2.0 tools within corporate intranets is still in the early adopter phase, new research shows that an increasing number of organizations are informally experimenting with and benefiting from the use of these tools for business purposes. The study, conducted by global professional association and think tank Human Capital Institute (HCI), along with integrated talent management software provider Cornerstone OnDemand Inc., reveals that more than half of…
Study Aligns Management, HR Strategies
A 199-year-old economic theory may provide — possibly for the first time — the theoretical framework needed to effectively align strategic personnel policies with organization and management strategies, according to new research from The University of Alabama.
"Our paper is grounded in established 'rent' theories, but it takes us to places we haven't been in explaining how human resource management can influence a firm's success," says Dr. Clint Chadwick, an associate professor of management in UA…
No Rest for the Weary IT Worker
IT workers are accomplishing more with fewer resources these days, but a recent survey shows it is taking a toll. More than one-third (36%) of chief information officers (CIOs) interviewed say rising workloads are the greatest source of stress for their teams. More than one in five CIOs (22%) cited the pace of new technology as the biggest stressor, followed by office politics, at 18%.…
Snapshot of Recession: Job Loss Figures Tell the Story
"The unrelenting, month-by-month loss of American jobs throughout 2008 provides a revealing snapshot of our path into this recession," says University of Maryland economist Peter Morici, a professor in the Robert H. Smith School of Business. Morici predicted the recession early on – late last year when holiday sales proved disappointing.…
Economy Will Worsen If Layoffs Used to Curb Losses, Expert Says
Displaced workers with no paychecks or prospects could add a potentially catastrophic drag to a U.S. economy already facing its worst downturn in decades, says Joel Cutcher-Gershenfeld, the dean of the School of Labor and Employment Relations. But he says businesses can cushion the blow of layoffs that are inevitable in the months ahead as companies align labor supply with sagging demand.…
Best Occupations Likely to Survive Economic Downturn
Job cuts are sweeping the nation and people everywhere are fearful of how their career will weather the current economic climate. This uncertainty has prompted people of all ages to question their current career path. Many professionals worry that their job will be in jeopardy if their employer turns to downsizing. Baby boomers are fearful of how a recession will impact their plans for retirement. Even college students are wondering whether they’ll land a job…
For Most Companies, Layoffs Are Tough to Avoid
The current economic crisis is clearly having a direct impact on the corporate workforce, according to a recent study by the Institute for Corporate Productivity (i4cp). The study found that 58% of polled companies have had a reduction in force (RIF) within the last year, and 39% foresee one coming within the next six months. In addition, of those companies that reported a RIF in the last year, almost half (48%) expect another cut in…
Job Market Bright Spots
Even in the current economy, certain skill sets remain difficult to find, according to the 2009 Salary Guides from Robert Half International. Modest overall salary increases for accounting, information technology (IT) and administrative roles can enhance a professional’s marketability; however, specialized expertise is a particular asset in these troubled economic times. This includes account reconciliation and credit/collections experience for accountants and web development skills for IT professionals, the report indicates. "Companies highly value employees who can…
Employees Feeling the Glass is Half Empty
What do employees around the world think about their organizations – their management, products, markets, and the odds of employment survival in these uncertain times? Valuable insights can sometimes be gained by looking at those who respond most negatively about their workplaces and environments. Looking at the negative responses, the Kenexa Research Institute (KRI) explored the results from a group of more than 16,000 workers, from 12 countries. Employee confidence has two contributing factors as…
Addressing the Physician Shortage--Who's Doing What?
The physician shortage in the United States is real and getting worse, according to a Jackson & Coker industry report. Although the physician shortfall has impacted hospitals and medical groups of all sizes, there are, nonetheless, steps being taken to address the problem in significant ways, with promising results. Some alarming statistics According to the report, the physician shortage in the US is real and getting worse. Documented statistics show: Nearly one-third of practicing physicians are 55…
Expect More of the Same for Hiring in Q4, at Best
As the U.S. works toward stabilizing its financial markets after unprecedented events on Wall Street, the ripple effects of a cooler business climate in 2008 continue to infiltrate nationwide employment. Employers expect current hiring trends to hold steady through the end of the year, according to CareerBuilder.com and USA TODAY's Q4 2008 Job Forecast. The survey, conducted by Harris Interactive between August 21 and September 9, 2008, included more than 3,000 hiring managers and HR…
"On-Shoring" Job Creation Stimulates Growth
Stimulating the economy, keeping jobs in the U.S. and managing security risks are three of the biggest issues that America is facing today. Two studies released by the CGI Coalition for Mission Results, a public policy initiative formed earlier this year between CGI and major academic institutions, outline a multi-faceted strategic plan devised to address job creation and the IT workforce in the U.S. With the economy in flux and the current unemployment rate at…
Making a "Positive Impression"
"How do you negotiate when you need to make a positive impression? The answer may depend on your gender,” states a new study by Jennifer Overbeck of USC’s Marshall and Jared Curhan of MIT’s Sloan School of Management. When people try to make a…
Diversity Programs Essential for Corporate Success
As corporate workforces start to resemble Olympic villages, diversity programs are becoming a mission-critical piece of most organizations. Nearly three- quarters of all responding companies and a whopping 85% of firms with 10,000 or more workers have either expanded the scope of their diversity strategies thanks to globalization or have plans to do so, according to a recent study by the Institute for Corporate Productivity (i4cp). Diversity programs have become an essential strategy in today’s heterogeneous…
Jobseekers Lack Staffing Industry Awareness and Use
Among the clients that employ their placements, brand awareness persists as a fundamental challenge for staffing firms, suggests new research. Only two national staffing firms have achieved brand awareness among more than 50% of potential clients, who largely do not recognize these brands (as they might others in unrelated industries). Similarly, staffing brand awareness is low among job candidates, finds the study by CareerBuilder.com and the Inavero Institute for Service Research; the average job candidate…
