Columnist Anne Kadet weighs in on the growing number of New Yorkers who are using the library for office space—and what the perks and drawbacks are.
More companies use assessments to hire, with fewer willing to take a chance on anyone who doesn’t measure up.
Here’s a secret for budding entrepreneurs using crowdfunding platforms to finance their projects: It pays to go back for seconds.
New Jersey doesn’t have a statewide sick-leave law, but that hasn’t stopped Newark, Jersey City, Montclair and other towns from adopting their own, prompting a backlash from the business community.
In business communication, it is important to observe some etiquette rules.
Employers plan to hire 9.6% more new graduates than they did last year, according to a survey of 162 U.S. employers released Wednesday by the National Association of Colleges and Employers.
As layoffs in the energy industry hit 100,000 amid a drop in crude-oil prices, the roughnecks have been hit the hardest. “The closer your job is to the actual oil well, the more in jeopardy you are of losing that job,” an oil and gas recruiter said.
Leyla Seka was ready to quit her job in software marketing because she thought managers doubted her leadership abilities. In frank conversations with them, she found it was her own doubts that were holding her back.
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