Archive for July, 2008
- July 10, 2008
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Bureau of Labor Statistics’ Redesigned Site to Launch Soon
One of my stops at the recent SHRM conference was to the U.S. Department of Labor’s Bureau of Labor Statistics’ exhibitor booth. For those of you not familiar with BLS, they are the principal fact-finding agency for the federal government in the broad field of labor economics and statistics. The site is an important resource for finding out all kinds of information, from the national unemployment rate to state and county wages. Find out more.
I started chatting up one of the women at the booth, and when she asked me for feedback about the site, I couldn’t hold back. I told her that I found them to be an invaluable source of information, but that it was often difficult to navigate through their site and was consequently quite time-consuming to find the information I needed.
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- Categories: Economy, Employee Retention
- July 9, 2008
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When workers feel financial pinch, employers get bruised, too
Today, CareerBuilder.com released its survey on the effect of rising gas prices on American commuter behavior. The survey of 8,700 workers nationwide reveals that 47 percent of commuters have cut back in other areas of their spending to accommodate for the rising gas costs.
What does this mean for employers? Well, besides that you should put away any hopes for extravagant Boss Appreciation Day presents, you also might want to consider ways to ease the financial burden of commuting for your employees; otherwise, they might start looking elsewhere for shorter commutes, and/or better benefits (if they haven’t started already).
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- Categories: Employee Attraction, Employee Retention, Survey Results
- July 3, 2008
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Re-recruiting your organization’s top talent
CareerBuilder.com and USA TODAY recently released a Q3 Job Forecast. One of the top trends we saw is more workers are becoming passive job seekers as job security comes into question and better opportunities are explored – 19 percent of workers reported they are actively looking for a new job; among those not actively looking for a job, 83 percent said they would be open to a new one if they came across the right opportunity – a significant jump from 55 percent in 2006.
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- Categories: Employee Retention, Survey Results
- July 2, 2008
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Businesses cutting back have more options than they think
Yesterday, USA Today and CareerBuilder.com released a survey on staffing trends for Q3 2008. Among the findings from the nearly 3,000 hiring managers and HR professionals who participated, fewer companies plan to hire or give out raises this quarter (in comparison both to last quarter and to this time last year).
Certainly, this news isn’t surprising given the tremendous media attention on the slow economy and rising food and gas prices, but businesses beware: your instincts to cut back on staff, eliminate employee perks or reduce employment branding in efforts to reduce costs may cost you.
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- Categories: Economy, Employee Attraction, Employee Retention
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