JetBlue Airways has devised a pilot-training program for novice fliers, seeking to demonstrate to regulators that students can attain proficiency more quickly than current rules allow.
The lights aren’t burning so late at some of Japan’s workplaces, as more and more workers trade in notoriously long hours at the office for flexible workdays and telecommuting.
This Thanksgiving, a host of startups, plus e-commerce titan Amazon.com, are offering to deliver a last-minute bottle of wine, a bag of stuffing mix or a DVD, in an hour or less.
Being a follower can boost a senior manager’s career, but betting on a superstar boss’s next success can be risky.
The UAW secured approval of new labor deals at GM and Ford that boost pay for workers but add higher costs to the companies’ balance sheets.
United Continental and its pilots union agreed in principle to extend the group’s current contract by two years, adding to the company’s budding success with its unionized workers.
Ford Motor’s tentative four-year labor deal is in jeopardy as significant numbers of members have rejected the pact with only two days of voting left, representing another potential setback for the United Auto Workers.
Meet the professional food Instagrammers, courted by restaurants for their six-figure followings. Some have turned their accounts into full- or part-time professions.
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