As I have said before, I am a sucker for statistics so I was drawn in to this comparison of 2005 to 2006 recruiting challenges companies are facing in Workforce Management’s recent newsletter. It is a survey of 1,000 hiring managers conducted by Robert Half International/CareerBuilder.com. Here are the stats: Recruiting Challenges -Percentage of hiring managers reporting primary cause behind the challenge in finding qualified workers for their firm. 2005 2006 Shortage of qualified workers 47% 52% Low recruitment budget 6% 5% Inability to offer competitive compensation 20% 21% Inability to offer career advancement 10% 8% Ineffective recruitment tools 4% 4%
Continue ReadingSelling Power Daily Video
I received an email over the weekend from Selling Power inviting me to watch a new series they are launching. It is a daily video clip roughly 5 minutes in length with Gerhard Gschwandtner. Here are the selling points they used to hook me: You are invited to watch my new Selling Power Daily Report, a series of online videos. – Watch for less than five minutes a day – Enjoy insightful interviews with top thought leaders – Get bright ideas to implement every day – Learn new business solutions every day of the week – The reports are FREE for the month of October 2006 I went to check… Read More
Continue ReadingAnecdote – What Motivates You?
I was talking with one of our clients earlier today and we were reviewing a sales candidate’s assessment results. The candidate is presently working for a small temp staffing agency for a salary only (no commission) and puts in an average of 50-60 hours per week. The candidate had a strong social motivation which is a big red flag in our world. As we were discussing how these motivations would show up on the job, our client remembered that she had asked the candidate what gave her the greatest sense of satisfaction? The candidate’s response: When a person comes up to me and thanks me for finding them a job… Read More
Continue ReadingPay for Performance
At Select Metrix, we constantly preach that compensation plans should be, in part, tied to an individual’s performance. So when I was reading through my newsletters and RSS feeds, I was amazed to find stats from several different articles and feeds. First off, CEO turnover is up. The numbers show that CEO turnover for 2005 was 15% compared to 9% just 10 years earlier. Pay is also up, this could be due to the fact that more CEOs are moving around. In 2004 CEO pay increased 14.5% and in 2005 it increased 7.1% with the median salary and bonus coming in at $2,408,665. With this trend, The Corporate Library (paid… Read More
Continue ReadingHappy Walk to School Day
Okay, as I have said before, I can’t help myself when it comes to lists and trivia. So when I heard on the news this morning that today was “Walk to School Day”, I started to pay closer attention. Interesting to note that this is an international awareness day to promote safe walking and driving habits and to provide safety for our children that need to walk to school each day. The awareness day started in Britain back in 1994 and became International Walk to School Day on October 4th, 2000 with Canada, Great Britain, United States, Ireland, Cyprus, Gibraltar and The Isle of Man participating. They even have a… Read More
Continue ReadingAnecdote – REALLY Out of the Office
We send out a quarterly electronic newsletter regarding hiring topics and new products here at Select Metrix (click here if you would like to subscribe). This past Tuesday (Sept. 26) we sent out our Q3 newsletter. As always, I received many out of the office notifications. I usually breeze them but I did read this one and I am glad I did (changed the names and numbers): I will be out of the office starting 09/22/2006 and will not return until 09/28/2007. Jane Doe is no longer with XYZ Corporation. Please contact our main HR number at 1-111-555-1234 Apparently Jane’s absence will be a bit longer than she originally expected.… Read More
Continue ReadingJobseekers & Sites – Take Two
About a month ago I posted on an article from Weedle’s regarding job boards & recruiting. In their latest newsletter, they have surveyed 1,063 people on how many times per month they visit an employment site on the Internet. Here are their finding’s: 35% visited a job board 13+ times/month, 20% visited such sites 5-8 times/month, 18% visited them 2-4 times/month, 17% visited job boards 9-12 times/month, 8% visited these sites 1 time/month, and 2% said they visited job boards 0 times/month. As you can see about 72% visit job boards at least once per month, 55% visit them about twice a week and 35% visit the sites roughly three… Read More
Continue ReadingTop 10 Tips for Effective Goal Setting
CareerBuilder.com has an interesting management article regarding goal setting that I wanted to pass along. They have 10 quick steps in helping the goal setting process become more effective for managers. Their 10 steps are: Allow Your Employees to Own Their Goals Set Deadlines Make Sure the Goals are Measurable Have Your Employees Write Their Goals Down The Goal Post Schedule Regular Progress Meetings Limit the Number of Goals Base Goals on Company Values Provide Positive Feedback Make the Reward Worth It
Continue ReadingOlder Workers on the Way Out?
According to Management Issues Ltd., an online site devoted to management and leadership, 70 percent of bosses in the UK say in a survey that they see no value in employing experienced older workers. This seems to be the complete opposite of what we are seeing here in the US. Many companies have initiatives around hiring and retaining the baby-boomers looking at retirement in the next few years. Even though there is much evidence stating that their will be a workforce shortage in the next few years, more than half of the UK companies surveyed said that employing those 65 or older will trigger health-related issues. And even though 3/4… Read More
Continue ReadingTop Paid HR Leaders
The Workforce Management newsletter arrived this morning in my inbox and I came across a startling article. I was shocked at the compensation of the top 30 HR leaders in the US. The top 10 HR executives’ compensation is between $2.5 million to just over $6.6 million a year. If you are interested in viewing the list, here is the link: The 30 Highest-Paid HR Leaders.
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