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Today's ERN

Author:

interbiznet presents the Bugler
November 5, 2002




Spam
Read John Sumser's article in Electronic Recruiting News.

From the Bureau
Personal income increased $37.0 billion (0.4 percent) and disposable personal income (DPI) increased $36.8 billion (0.5 percent) in September. Personal consumption expenditures (PCE) decreased $29.6 billion (0.4 percent). Private wage and salary disbursements increased $27.8 billion in September, goods-producing industries' payrolls increased $1.5 billion, manufacturing payrolls increased $0.3 billion, distributive industries' payrolls increased $8.0 billion, service industries' payrolls increased $18.2 billion, and government wage and salary disbursements increased $1.9 billion.

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2002, according to advance estimates. The major contributors to the increase in real GDP in the third quarter were personal consumption expenditures, equipment and software, government spending, and exports.

Reveille
HR.com will become a strategic reseller of HR Marketer, a web-based service of Fisher Vista that assists HR vendors in implementing and managing effective marketing and public relations initiatives.

Executive search firm Heidrick & Struggles International formalizes a joint venture agreement with China's executive search firm Beijing Leading Human Resources Consulting Company, Ltd.

Pay As You Go
Although more than 65 percent of companies offer some form of variable compensation to employees below the executive level, many companies use pay for performance in a manner that is inconsistent with the main theories on which pay for performance compensation was based. Read the latest research from Cornell University, Center for Advanced Human Resource Studies. (Go to Sept/Oct issue.)



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