Archive for the 'Economy' Category

During Part II of my conversation with “Working for You Isn’t Working for Me: The Ultimate Guide to Managing Your Boss” authors Katherine Crowley and Kathi Elster, we covered everything from the failure of many bosses to recognize the non-business side of employee relationships, to bosses being terrorized, to what it means for employees to take back their personal power, to learning to accept one’s boss–and more. Read on for interview Part II (of three):

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• Posted by: Amy Chulik on October 21, 2009
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• Categories: Economy, Employee Engagement, Employee Retention, Employer Advice

Last week, CareerBuilder released its annual survey on open enrollment that found that 15 percent of hiring managers estimate more than 10 percent of their employees miss annual open enrollment deadlines each year on average, which can have a significant impact on employees’ pocketbooks.

According to the survey, one third (34 percent) of human resource managers said missing open enrollment costs employees, on average, at least $500 in out-of-pocket expenses. Twenty percent reported that it costs employees more than $1,000 while 10 percent reported it costs employees more than $2,500.

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• Posted by: Mary Lorenz on October 20, 2009
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• Categories: Economy, Employee Retention, Health Care, Survey Results

I recently talked with Katherine Crowley and Kathi Elster, co-authors of “Working for You Isn’t Working for Me: The Ultimate Guide to Managing Your Boss.” Katherine, a Harvard-trained psychotherapist, and Kathi, a management consultant, run K Squared Enterprises in NYC, running lectures and workshops and consulting with managers and executives about workplace relationships. “Working for You Isn’t Working for Me” serves as a handbook for employees struggling to deal with a difficult boss–but there is much that bosses can learn from this book, too.

During our conversation, we covered everything from boss attitudes in our current economy, to recognizing and understanding employee coping tactics, to the severe lack of communication in today’s workplace, to the one thing bosses need to do right now to become better employers–and more. Read on for interview Part I (of three):

• Posted by: Amy Chulik on October 14, 2009
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• Categories: Economy, Employee Engagement, Employee Retention, Employer Advice, Leadership Development

CareerBuilder and USA TODAY’s Q4 2009 Job Forecast shows that, while employers are feeling more optimistic about the economy and job market, the majority plan to keep their staff levels the same for the remainder of the year. Continued moderation in job loss and a hesitant approach to hiring is expected for the fourth quarter. Compensation trends in the fourth quarter are expected to mirror those of the last two quarters, as half of employers (51 percent) anticipate no change in salaries for full-time, permanent employees in the next three months.

The survey of more than 2,900 hiring managers and human resource professionals across various industries was conducted by Harris Interactive® from August 20 to September 9, 2009.

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• Posted by: Amy Chulik on October 1, 2009
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• Categories: Economy

Have you been overhearing your employees talking about living on ramen (not that there’s anything wrong with that) and refreshing the computer screen a hundred times a day to spot the exact moment that paycheck deposits? That may not come as a huge shock, but current worker struggles may be deeper and more common than you realize.

As we continue to experience the effects of a sluggish economy, many workers are struggling with household budgets. A whopping 61 percent of workers report they always or usually live paycheck to paycheck just to make ends meet, up from 49 percent last year and 43 percent in 2007, according to a new nationwide survey of more than 4,400 workers by CareerBuilder. Thirty percent of workers with salaries of $100,000 or more report that they too live paycheck to paycheck, up from 21 percent in 2008.

So, how are workers getting by?

• Posted by: Amy Chulik on September 22, 2009
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• Categories: Economy, Employee Retention, Survey Results

Some current trends may seem obvious–possible Mad Men spoilers or First Lady Michelle Obama in shorts (oh my gosh!), but there’s another that may surprise you: small business. You heard me right. As workers find their way around one of the toughest economies and job markets in the nation’s history, more and more of them are seeking out–and finding–new job positions with small businesses, according to a new CareerBuilder survey.

One in five workers (22 percent) surveyed who were laid off from full-time jobs in the last 12 months landed new jobs with small businesses. Another 59 percent said they are interested in working for a small business. And 29 percent of workers are getting the entrepreneurial bug and considering starting a small business of their own. With those kinds of numbers, it’s not a surprise that small businesses account for most of the nation’s new job creation, according to the U.S. Small Business Administration. Continue Reading…

• Posted by: Amy Chulik on August 20, 2009
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• Categories: Economy, Employee Attraction, Survey Results