The Saturday Essay: American physicians are increasingly sick of their once-vaunted profession, and that malaise is bad for patients. But physicians can still save themselves—and us.
An office park in Whippany, N.J., about an hour's drive from Manhattan, is offering a perk more associated with city life: shared bicycles to run errands, fetch lunch or exercise outdoors.
Metro Money: At the peak of the invasion, the little vampires were found in schools, stores and movie theaters.
Companies with fewer board members outperformed their peers, while those with more directors underperformed, according to data analyzed for The Wall Street Journal.
Line umpires at a Grand Slam tournament, such as the U.S. Open, are all but invisible most of the time; that is, until they get the call wrong.
Executives master the art of the deal when negotiating on behalf of their companies, but many stumble when it comes to landing a raise or promotion for themselves.
Many top bosses say they can't afford to unplug even for a short time. Some balk at the thought of putting big projects on hold. Others don't want to miss face time with important clients or investors.
Women tend to launch businesses with less financing than men and have more difficulty raising funding. But early data suggest that women are outperforming men in raising money via crowdfunding sites, such as Kickstarter and Indiegogo.
As the competition for critical talent in the U.S. intensifies, organizations must better understand the supply and demand for critical workforce segments. Companies must begin to identify the skills in their organization that will help drive future growth. "With the relative aging of the population, it is bound to bring with it many changes to the economy of the U.S.-some foreseeable, many probably not," according to Alan Greenspan, Chairman of the Federal Reserve emeritus.
Today, the average cost to replace an employee is one and a half times their current salary when you factor in benefits, on-boarding and training and development. That cost is expected to double in the next 25 years. According to the Bureau of Labor Statistics, by 2012 there will not be enough skilled workers in the U.S. to staff all of the nation's jobs.
The real talent gap in the United States involves selected skill sets. Four industries in particular will suffer a mass exodus of employees including: Healthcare, Manufacturing, Energy and the Public Sector. With a decrease in the employee workforce, companies are challenged with the question of whether or not there will be enough qualified workers in the United States to do the work at an acceptable cost. Organizations must be prepared to manage divisions or business units that will be heavily impacted by waves of retirement and the impact retirement will have on critical skill sets and productivity needs.
- The Bureau of Labor Statistics
- Deloitte research 2008-Do you know where your talent is?
- HR Magazine Vol. 50, No. 3