This is from the Herman Group as they make their predictions each year.\u00a0 I can attest to the first point being valid \u2013 I have talked to a handful of salespeople who are waiting out the economy to jump from their current position.\u00a0 These guys have a wonderful grasp of new words and phrases.\u00a0 I always learn about some relatively new word from them.\u00a0 I have taken the liberty of bolding some of them in the pull quote below.<\/p>\n
1. Cutbacks and Re-Engineering will continue into 2010 Expect ongoing reductions in force as some employers continue to optimize their workforces and eliminate “redundancy”. We caution these employers to be very careful, because we know that 54 percent of today’s employees are ready to jump, as soon as the economy improves. They are currently “Corporate Cocooning<\/strong>“.<\/p>\n2. Shortages of Certain Skill Sets will become More Acute As the economy begins to recover, certain skill sets will be more critical and difficult to find. These high-demand workers will be more demanding about their work schedules, environment, etc. The wisest employers will embrace not only flex-time, but flex-place<\/strong> as well.<\/p>\n3. Employers will embrace Innovative Ideas to Reward their Valued Workers This innovation will include non-financial ways and even non-reward (recognition only) ways to add value for their top talent; these innovative ideas will come from the employees themselves. Employers that do not mine the collective intelligence of their workers will find themselves unable to optimize profits.<\/p>\n
4. Fear and Apprehension continue to reduce Productivity A significant percentage of employees continue to worry about the future. These negative feelings will persist, unless addressed. Transparency, besides being one of those elements employees seek, will be imperative.<\/p>\n
5.More Employers will invest in a Variety of Healthcare Cost-Cutting Strategies Besides wellness programs to address expensive unproductive behaviors (like smoking and over-eating), more large employers will embrace ideas like onsite clinics and health coaches. For some candidates, the cost of not complying with the prospective companies’ wellness programs will change their employee value propositions so drastically that they will choose to work elsewhere.<\/p>\n
6. Focus on Engagement will replace the Focus on Retention Recognizing that with engagement comes not only retention, but greater productivity and profitability, too, employers will change their focus. We will see Directors of Retention morph into Directors of Employee Engagement<\/strong>. The next step (coming much later than 2010) will be to recognize the importance of the total “Internal and External Customer Experience”.<\/p>\n7. Increasing Attention to Succession Planning Around the globe, we see an increasing attention to succession planning and management. However, the issue of succession preparation continues to take a backseat to succession planning. This big mistake will begin to be felt in 2010, when Baby Boomer retirements combine with the lack of trained people becomes a critical problem. Succession management continues to be critical to long-term success.<\/p>\n
8. Employers that did not build Bench Strength<\/strong> will pay More to hire Experience Organizations that did not take the opportunity presented by this business slowdown to send their people for more training, will have to pay more to hire trained, experienced people.<\/p>\n9. Some Employers will eliminate Reward Programs Misunderstanding Dan Pink’s new book, “Drive: The Surprising Truth about What Motivates Us”, some employers will abolish their reward programs altogether. This ill-advised shift will cause significant, negative, unintended consequences.<\/p>\n
10. Burned out Employees will begin Leaving Employers Over 80 percent of today’s employees feel overworked and under-appreciated. Too many organizations have survived and maintained some level of profitability by over-loading their long-term employees. Once we begin to see positive job growth in the second half of 2010, some employees will feel confident enough to leave their companies.<\/p>\n
11. Employers will accommodate Older Workers like Never Before The exodus of their long-term employees will challenge some employers to get the work done, without resorting to hiring expensive contract help or paying high fees to recruiters. Enlightened employers will mine the rolls of their retired workers and hire them back on a part-time, temporary, or seasonal basis. These seasoned professionals will be welcomed back, in spite of the fact that they will dictate their own terms.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
This is from the Herman Group as they make their predictions each year.\u00a0 I can attest to the first point being valid \u2013 I have talked to a handful of salespeople who are waiting out the economy to jump from their current position.\u00a0 These guys have a wonderful grasp of new words and phrases.\u00a0 I always learn about some relatively new word from them.\u00a0 I have taken the liberty of bolding some of them in the pull quote below. 1. Cutbacks and Re-Engineering will continue into 2010 Expect ongoing reductions in force as some employers continue to optimize their workforces and eliminate “redundancy”. We caution these employers to be very… 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_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":[2,23,11,5],"tags":[1479,526,788,1478,1480],"class_list":["post-2211","post","type-post","status-publish","format-standard","hentry","category-hiring","category-retention","category-team-management","category-trends","tag-2010-prediction","tag-hiring-forecast","tag-hiring-prediction","tag-prediction","tag-upcoming-prediction"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-zF","jetpack-related-posts":[{"id":1829,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/12\/2009-prediction-time-talent-management\/","url_meta":{"origin":2211,"position":0},"title":"2009 Prediction Time-Talent Management","author":"Derrick Moe","date":"December 18, 2008","format":false,"excerpt":"The Herman Trend Alert offers up some expected predictions, some insightful ones and some surprising ones for 2009.\u00a0 Here is one that falls in the expected\/not surprising category: 1. Certain Skill Sets Continue to be in Short Supply. In spite of the global economic slowdown and massive layoffs, certain skill\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":1623,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/06\/hiring-on-the-rebound\/","url_meta":{"origin":2211,"position":1},"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":[]},{"id":2300,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/03\/2010-hiring-trends\/","url_meta":{"origin":2211,"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":2191,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/12\/a-real-economic-prediction\/","url_meta":{"origin":2211,"position":3},"title":"A Real-World Economic Prediction","author":"Derrick Moe","date":"December 8, 2009","format":false,"excerpt":"This story from abcnews.com carries some weight in terms of a real economic forecast.\u00a0 It isn\u2019t good: More of America's largest companies will shrink their staffs than will hire in the next six months, according to the latest survey of their CEOs. Nineteen percent of the CEOs expect to expand\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":1744,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/10\/q4-hiring-stats\/","url_meta":{"origin":2211,"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":2043,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/06\/the-pain-of-a-lagging-indicator\/","url_meta":{"origin":2211,"position":5},"title":"The Pain Of A Lagging Indicator","author":"Derrick Moe","date":"June 6, 2009","format":false,"excerpt":"Hiring, that is, and it appears that it is going to be an even rougher road over the back half of 2009.\u00a0 If you are in the recruiting, hiring, assessing business you are aware of this fact.\u00a0 9.4% unemployment is remarkable.\u00a0 From abcnews.com: The percentage of people without jobs 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":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2211","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=2211"}],"version-history":[{"count":1,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2211\/revisions"}],"predecessor-version":[{"id":2212,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2211\/revisions\/2212"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2211"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}