The Herman Trend Alert offers up their 2008 forecast in this week’s electronic newsletter.\u00a0 Since I do not have a link, here is the forecast in it’s entirety:<\/p>\n
This year, once more, we offer you our full forecast for the coming year:<\/p>\n
1. Recruitment in a Tightening Labor Market<\/strong>
\nEven the coming economic slowdown will not completely stop the creation of jobs. Moreover, stimulated by job creation and the fact that skilled workers in many occupations are in short supply, time-to-fill openings will also continue to increase as will the costs.<\/p>\n2. More Employers Turning to Recruitment Process Outsourcing (RPO)
\n<\/strong>In an effort to reduce costs, more large employers will turn to companies like The Right Thing, Inc. and others will step in to provide a wide variety of recruitment services on an outsourced or insourced basis, including providing customized services for clients, based on specific needs.<\/p>\n3. Retention in the Face of Increasing Choices for Employees
\n<\/strong>Recent studies reflect that employee turnover is accelerating. With increasing choices we will see more attrition, especially from the ranks of long-term employees. Wise employers will conduct “stay interviews” and provide re-orientation to their seasoned employees. More employers will begin to be aware of the value of contingent employees and address the issues of retaining them.<\/p>\n4. More Employers will focus on Metrics
\n<\/strong>Following the lead of large employers, more medium-size employers will embrace technology to manage the employee life-cycle and operate more efficiently. This increased efficiency will drive more profit to the bottom line.<\/p>\n5. Leadership Deficit Becomes More Apparent
\n<\/strong>As companies experience the re-careering of Baby Boomer executives, they will become more aware of the lack of qualified supervisors and managers to move up into higher positions. The organizations’ previous lack of training for would-be leaders is to blame.<\/p>\n6. Lack of Succession Preparation
\n<\/strong>Organizations will become more acutely aware of their lack of succession preparation. They have simply not invested in leadership training so that their supervisors, managers, and executives are not ready to move into the positions.<\/p>\n7. More Employers Accommodate Older Workers to Maintain Intellectual Capital
\n<\/strong>The drive to retain older workers will cause companies to work harder to accommodate the wants and needs of older workers. AARP will support employers’ drives to hold onto these valuable employees. More employers will embrace flexibility in all aspects of work to adapt to the wants and needs of their retirement-age associates.<\/p>\n8. More Awareness of the Link between Economic- and Workforce Development<\/strong>
\nWorkforce development issues move to top-of-mind for communities, as they become more aware of the workforce imperative—that business and industry will only locate where there are the skilled workers to fill their open positions. This awareness will lead organizations to focus more on middle- and high-school students to begin to expose them early to the careers available in their communities.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"The Herman Trend Alert offers up their 2008 forecast in this week’s electronic newsletter.\u00a0 Since I do not have a link, here is the forecast in it’s entirety: This year, once more, we offer you our full forecast for the coming year: 1. Recruitment in a Tightening Labor Market Even the coming economic slowdown will not completely stop the creation of jobs. Moreover, stimulated by job creation and the fact that skilled workers in many occupations are in short supply, time-to-fill openings will also continue to increase as will the costs. 2. More Employers Turning to Recruitment Process Outsourcing (RPO) In an effort to reduce costs, more large employers will… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,5],"tags":[131,132,37],"class_list":["post-1335","post","type-post","status-publish","format-standard","hentry","category-hiring","category-trends","tag-2008-forecast","tag-2008-hiring","tag-hiring-trends"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-lx","jetpack-related-posts":[{"id":1510,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/04\/q2-hiring-to-remain-consistent\/","url_meta":{"origin":1335,"position":0},"title":"Q2 Hiring To Remain Consistent","author":"Derrick Moe","date":"April 10, 2008","format":false,"excerpt":"That title probably got your attention.\u00a0 The economy is completely dynamic so things can change, but the quarterly CareerBuilder.com\/Harris Interactive survey came back with some surprising results (my editing). \"The job loss reported in the first quarter signified a gradual deceleration in recruitment in the U.S. as the nation's economy\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1758,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/10\/hiring-trends-for-q4-of-2008\/","url_meta":{"origin":1335,"position":1},"title":"Q4 Job Forecast","author":"Lee Fratzke","date":"October 21, 2008","format":false,"excerpt":"Recruiting Trends provides a summary of CareerBuilder and USA Today's Q4 Job Forecast and there are some interesting trends.\u00a0\u00a0First, according to the survey workers are postponing active job searches but are open to a change if the right one comes along.\u00a0 Of the 6,100 workers surveyed, 38% are planning to\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2300,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/03\/2010-hiring-trends\/","url_meta":{"origin":1335,"position":2},"title":"2010 Hiring Trends","author":"Derrick Moe","date":"March 31, 2010","format":false,"excerpt":"From the Herman Group newsletter: According to the latest Manpower Employment Outlook Surveys, the US will have a year-over-year increase of about five percent with a record-tying 73 percent of employers keeping staff levels stable. Twelve of the 13 industry sectors surveyed report positive net employment outlooks, meaning employers in\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1176,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/09\/hiring-outlook-still-strong\/","url_meta":{"origin":1335,"position":3},"title":"Hiring Outlook Still Strong","author":"Derrick Moe","date":"September 11, 2007","format":false,"excerpt":"The hiring outlook for the remainder of the year is being bandied about by the media, but the latest Manpower survey paints a fairly clear picture of a strong market: Of the 14,000 U.S. employers surveyed, 27% expect to increase their workforces during the fourth quarter of 2007, while 9%\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1744,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/10\/q4-hiring-stats\/","url_meta":{"origin":1335,"position":4},"title":"Q4 Hiring Stats","author":"Derrick Moe","date":"October 1, 2008","format":false,"excerpt":"I think it is safe to say that predictions in this economy are difficult AT BEST to make accurately.\u00a0 However, CareerBuilder has come out with their Q4 hiring forecast that contains some interesting information: HIRING IN Q4 2008 Going forward, 23 percent of employers plan to add full-time, permanent employees\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1623,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/06\/hiring-on-the-rebound\/","url_meta":{"origin":1335,"position":5},"title":"Hiring On The Rebound","author":"Derrick Moe","date":"June 18, 2008","format":false,"excerpt":"The hiring outlook from the Manpower survey looks far better than a year ago which is a good sign.\u00a0 Although there is weakness in areas, the hiring trend is still positive: \u201cWhile overall softness continues in the third quarter, employers are generally not reacting with large-scale payroll reductions,\u201d said Jeffrey\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=1335"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1335\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=1335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=1335"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=1335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}