From CareerJournal – The Top 14 Reasons We’re Stressed Out Here are the complete results to the survey’s question, “Have you experienced the following in the past month?” Respondents could point to any of the following 14 options. Rising prices, 74% Too many things to do, 56% Trouble sleeping, 53% Concerns about money for emergencies, 53% Concerns about health in general, 43% Illness of a family member, 36% Not enough money for basic necessities, 36% Too much information to process at one time, 33% Being lonely, 29% Problems with your work, boss or fellow workers, 24% Problems with aging parents, 21% Frequent or excessive noise, 20% Problems with my children,… Read More
Continue ReadingCandidate, Google Thyself
MarketingProfs.com puts out an always interesting enewsletter and this week’s edition is no exception. Have You Been Digitally Dissed? starts out as an article about googling yourself since hiring managers are googling you. …75% of recruiters google candidates, according to a survey by Execunet. We do. In fact, we posted about this topic back in June. The article states: The moral of the story: Google yourself. It’s called self-googling or ego-surfing and you should be doing it regularly. Here is the point I truly enjoyed – the author, William Arruda, employs this premise in the article: If you’re looking to advance in your career, you’ll want to proactively manage your… 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 ReadingExecutive’s Top 10 Business Issues
From Sales&Marketing Management’s Performance newsletter (sorry, no link): An annual survey by consulting firm Accenture of 436 senior executives at major companies around the world have identified risk management as their top concern. This is a shift from the past three years, when workforce improvement issues topped the list. Here are the top 10 current business issues for senior executives: 1. Managing risk 2. Achieving growth while increasing profitability 3. Acquiring new customers 4. Using IT to reduce costs and create value 5. Changing organizational culture and employee attitudes 6. Increasing customer loyalty and retention 7. Improving workforce performance 8. Increasing shareholder value 9. Applying innovation to stay ahead of… 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 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.
Continue ReadingWhy Salespeople Leave
An interesting article ran in last week’s Selling Power Newsletter for Hiring & Recruiting titled “Why Do Salespeople Leave?” According to Compensation Resources, Inc. (CRI), obtained turnover statistics and trends from a broad range of industries and company sizes. The results indicate that both voluntary turnover and overall turnover have slightly increased in 2006 over 2004 when the last data were collected. The report identified an important shift in the motivators for leaving noted by employees. In 2004, the top reasons for moving on were better pay and better benefits. In 2006, the top reasons for leaving an employer is the desire for better opportunities and increased responsibilities. “More and… Read More
Continue ReadingBad Jobs with Good Money
This story from BusinessWeek – Worst Jobs with the Best Pay – may only interest me. The title made it worth the read. Let’s start with a stat from the article: A recent Salary.com survey found that 65% of workers plan to look for a new job within the next three months. The most common reason for leaving? Not enough pay. None of that is surprising to me. In fact, that reason sounds like the easiest to provide in a survey. I would question how many are leaving due to their direct boss or the company culture. The reason I speculate on this topic is found later in the article:… Read More
Continue ReadingU.S. Bureau of Labor Statistics Website
I had some fun bouncing around the U.S. Department of Labor Bureau of Labor Statistics Website yesterday. Pretty dangerous for a numbers geek like me. You can imagine that I soon found myself knee-deep into numbers. As you probably know, we are spellbound by lists here at The Hire Sense so this site was rich with stats, numbers and lists. Beautiful. Well anyway, here are some interesting numbers I found that I thought I would share with you. As I posted earlier this week, the United States unemployment rate is at 4.7%, but if we look at the number of job openings as a percent of total employment, 2.8%, we… Read More
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