Talent Pools Defined 3|
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Reveille and Hyperbole
Within the next 100 days the oldest of the baby boomers (those born between 1946 and 1964) will turn 60. This event brings into sharper focus the challenges faced by some 78 million Americans in this new era of
career uncertainties, volatile pension plans, rising healthcare costs, fewer jobs, and economic challenges those facing retirement can most appreciate. An August 2005 nationwide survey by Rutgers University's John J. Heldrich Center for Workforce Development revealed that nearly 70 percent of current baby
boomers plan to work past their retirement age because they simply cannot afford to retire. Enter the Just-published book, "Rehired, Not Retired: Proven Strategies for the Baby Boomers!,"
by Dilip Saraf, an author, who has published during the past year, three previous titles that deal with how to succeed in this upended job market by using unusual strategies. In fact, in all his books, Saraf exploits the very situation that is causing the employers to cut back and rethink headcount to
survive, to benefit an otherwise frustrated job seeker.
Monster Worldwide (MNST), parent company of Monster, the leading global online careers and recruitment resource, today
announced the acquisition of JobKorea (www.jobkorea.co.kr), the premier online recruitment web site in South Korea serving more than three million registered users. The aggregate cash purchase price was approximately $94 million, net of cash acquired.
DemoFall 2005: Han Gieskes - CEO H3.com (podcast)
AdStar, Inc. (ADST), a provider of e-commerce transaction software and services for the advertising and publishing industries, has
entered into an international distribution agreement with UK-based AdSecure. As a result, AdSecure will facilitate AdStar's international expansion efforts by marketing and selling AdStar's XML-based E-commerce Platform Services through industry resellers worldwide.
Computer Associates International, Inc. (CA) announced that top executives from Dana Corporation, Manpower Inc. and Misys Healthcare Systems
will headline the Niku 2005 Global User Conference. This central annual event for CA's Clarity customer community will be held November 7-9, 2005 at the Hyatt Regency San Francisco Airport. Niku, which was acquired by CA in August 2005, is now CA's Clarity Division, Business Service Optimization.
HumanConcepts, developer of OrgPlus(R), the industry standard software for organizational charting, announced a relationship with Kronos(R)
Incorporated, the market leader in workforce management, and its integration of OrgPlus with Kronos' Workforce Central(R) suite. By joining Kronos' Workforce Central Compatible Partner Program, OrgPlus extends the value of the Workforce Central suite by giving Kronos users the option to access
organizational charting, planning and strategic decision-making capabilities.
Softscape announced the latest version of their advanced Softscape Workforce Analysis Suite along with a set of new packaged services that enables organizations to optimize their
workforce through benchmarking and actionable analysis. Combining real-time human capital data with industry best practices and workforce trends, organizations can now measure workforce effectiveness with predictive modeling. Coupled with rich consulting services including Benchmarking and Business
Intelligence Consulting, customers utilize Softscape's deep domain expertise to drive organizational growth, higher returns on human capital, and stakeholder value.
Banking on the rise in the recruitment process outsourcing (RPO) industry, Ma Foi, a company focused on recruitment services, has launched its wholly-owned subsidiary in New Jersey.
You Should Know
- Over 50 and Need a Better Job? Click Here (Editor's note: While we believe that Gen Plus is a legitimate company, as always, look at any agreements carefully and use good common sense in taking normal precautions when dealing
with any new company) It's a much more common problem these days for folks who have put in many years of good service to an employer. You're over 50 years old, your company goes belly up and you're suddenly back on the street. A national employment service is now in your corner. Gen Plus is a
new company with a social mission: to re-invent the 50 plus marketplace in the minds of employers. (14WFIE)
- Gates strokes Canada's tech talent Bill Gates urged the smartest minds on Canadian campuses to work in computer science and consider a job at Microsoft Corp., promising them that the information technology
revolution has only just begun. The co-founder and chairman of the world's largest software company said Thursday that his industry will have a near insatiable appetite for talent as it brings new products to market that change the way people live. (Globe
- No risk of ‘labour shortage' in southern China Over the past year there has been much talk of "labour shortages" in southern China. Some people seemed to think that if factories in Guangdong province could no longer get away with forcing employees to
work 100-hour weeks, locking them in firetrap factories, and exposing them to the risk of uncompensated maiming or death – all for the princely wage of Rmb500 per month - then it was a sign of serious economic overheating. Or more ominously, that this marked the beginning of the end of the cheap-labour
story that has fuelled China's economic growth for the past decade. In reality, however, the situation in Guangdong is anomalous. China does not face a "labour shortage" – now or any time in the next 20 years. Over the next decade there will continue to be a large number of entrants to the work
force, since the largest single age cohort in China today is 15-19 year olds. (FT)
- Quarter of world's workforce mobile by 2009 One quarter of the world's workforce will be 'mobile workers' by 2009, according to a report by technology market watchers IDC.
The number of workers using remote access and mobile technology to work on the go or at home is expected to increase from 650 million worldwide in 2004 to 850 million in 2009. The most 'mobile-enabled' workforce in the world in 2004 was that of the United States. IDC predicts that by 2009, 70% of
North American workers will have access to mobile technology. (Infoconomy)
- Family businesses hit hardest by tight labour market Russia and New Zealand have something in common when it comes to family businesses, according to the Grant Thornton International Business Owners Survey, 2005: They lead
the world with their concern about the impact of the skilled workforce shortage on their expansion ambitions. According to a the study of more than 3,000 family businesses around the world, 30 per cent cited the availability of a skilled workforce as a key constraint on their ability to expand the
family business. Of the countries surveyed, the most affected were Russia (53 per cent), New Zealand (52 per cent), Australia (45 per cent) and the UK (41 per cent). (National Business Review)
- Should You Sign An Employment Contract? You've received an offer for a top-level job at a major company. It's a giant step in your career and you're turning handstands over the pay. But before you can even think about
moving into the corner office, a human resources worker pushes an employment contract across the table and says, "Sign this." What do you do? (Forbes)
Craigslist Says No To Oodle's Scraping Via John Battelle, news that
classified ads search engine Oodle has been asked by Craigslist to stop scraping their listings. Oodle says most listings, 80 percent, don't come from Craigslist. Still, Craiglist has great data, and it's a blow for those to be gone.
Looking over at Google, I see Craiglist seems to have no problem of Google indexing 12 million of its pages. Of course, there's a difference between indexing a page and scraping the content to be included in a more vertical service.
Meanwhile, HousingMaps, a blend of Google Maps and Craigslist seems still OK. John's seeking reaction from Craiglist, so keep an eye out over there. (SearchEngineWatch)
- High-tech job migration - reality or myth With China's successful launch into orbit of its second manned spaceship, claims and worries that America is losing its edge in many high-tech industries will no doubt increase. Democrats
just love to hit the airwaves proclaiming the myth we are becoming a nation of hamburger flippers, as our best jobs get outsourced to Asia. For the past thirty years, the American people have been treated to warning after warning of our impending mass servitude behind the McDonald's counter. In the
1980's it was Japan and the Asian Tigers that were stealing our good jobs. Then came Ross Perot talking about that giant sucking sound from Mexico. (American Thinker)
- HR Execs Fear Not Attracting 'A' Players Long-term workforce planning and updating, and integrating HCM technology, are ways to respond. Vying for top talent and addressing benefit costs are the top-two
challenges facing HR executives today, according to a new Aberdeen Group study. "The HR Executive's Agenda: The 2005 Benchmark Report," conducted with the Human Capital Institute (HCI) and sponsored by Lawson Software, Unicru, Peopleclick, and GoalCentrix, contends that 85 percent of HR executives site
their ability to compete for top talent as their biggest concern, while 60 percent are concerned about addressing benefit costs, and 38 percent are concerned about balancing service levels and costs of benefits and services. Additional challenges include lowering the human capital operating budget (31
percent), predicting future workforce needs (30 percent), and maintaining the human capital management (HCM) operating budget (25 percent). Survey data is based on the responses of 98 HR executives who are members of HCI's online community, and interviews with HCM senior-level executives. (Destination
- IT Salaries Heading North in 2006 October 13, 2005: With demand for IT talent finally catching up with supply, companies can expect to pay more for help in the coming year. 2006 is looking good for IT professionals. Business confidence is
prompting new technology spending which, in turn, is expected to translate into increased hiring and salaries. (CIOUpdate)
- More sectors turn to online recruitment Online recruitment, till now more popular with IT and software industry, is finding favour with engineering and financial sector too. "In 2005 the online recruitment in the financial services and engineering sector has shown 100 per cent growth as
compared to 2004," a study by online recruitment company Monster India has revealed. "The resume strength in engineering sector alone has grown by 117 per cent in 2005 as against 2004 and in financial sector it has escalated by 98 per cent," the study added. (HinduNews)
- Temps treated like ‘second-class workers' Many temporary employees are being treated like ‘throwaway second-class workers', the Trades Union Congress (TUC) has claimed. The TUC has delivered a dossier of reports from temporary workers to the government, detailing a list of abuses
suffered by temps, including illegal low pay, unlawful deductions from wages and the withholding of holiday pay. Brendan Barber, TUC General Secretary said: "Temping is vital to today's modern economy, but with no proper protection, too many agency temps are suffering working practices from the dark
ages. Too many are treated like a throwaway second-class worker and have to take it or leave. If they complain, they lose their assignment and any chance of more work with the agency. (Film and Video)
- Companies intending to hire fewer than 50 foreign workers will have to use the services of outsourcing companies appointed by the Government. (NewStraits Times)
- NGO, U.N. "brain drain" saps Liberia public sector Patients lie on bare mattresses beneath walls pockmarked with bullet holes at Greenville hospital in southeast Liberia. Water drips from the ceiling and there are hardly any drugs or disinfectants. Even if there were, there is no doctor
to use them. Fat salaries offered by international non-governmental organisations (NGOs) and United Nations agencies have drained the West African country's public sector of skilled health and education professionals, leaving thousands of patients without care and students without teachers. "We
have people who die here all the time because we cannot care for them," said Esther Kose Kamo, a midwife at Greenville, which is an eight-hour drive from the capital Monrovia. (Reuters)
More New Zealand employers choose to recruit online NBR Adcorp Online Recruitment Study shows New Zealand organisations have improved their online recruitment processes, but are still lagging behind global trends. Most New Zealand organisations have now developed career pages on their websites –
up from 64% in 2002 to 92% in 2005. Although improving their practices, New Zealand employers still lag global trends. In today's competitive environment, merely having a career website does not make an organisation sufficiently competitive. (OnRec)
Brain drain tops Govt worries Some tough challenges face whoever forms the next government. BNZ Chief Economist Tony Alexander says not the least of these will be
stopping the growing tide of New Zealanders deciding the grass looks greener across the Tasman. He says this country is already facing a 15 percent increase in the number of people leaving the country. (NewstalkZB)
- Nice Work if You Can Get It: Details Emerge About Google's Newest Board Members Stock Package Here's some nice additional work if you can get it, get on the Google Board of Directors! It was
widely reported last week that Princeton University President, Shirley Tilghman had been asked to join Google's Board of Directors.Today, Michael Liedtke from the AP takes a closer look at what it's worth to Tilghman in his article:
Newest Google Director Joins Wealth Parade. According to Liedtke's article, her Google board position could provide her with more income than her job at Princeton. Her salary as a molecular biologist at Princeton was
$485,000 salary during Princeton's 2002-03 school year (the latest numbers available). (SearchEngineWatch)
- Imminent culture shock faces HR directors in NHS HR directors in the NHS will be operating in a completely different environment in three years' time, according to the health service's most senior... (PersonnelToday)
- Graduates with broad skill sets are in demand Career-specific degrees are still preferred in some sectors but, as Jonathan Richards discovers, many recruiters are targeting graduates with a varied, well-balanced CV IN A memorable
scene from Four Weddings And A Funeral, a drunken guest says to Hugh Grant's character: "What use are the novels of Wordsworth if I'm going to work in the money markets?" Potentially quite a lot, might be the answer from today's recruiters, who seem far from averse to the idea of a banker with a
literature degree. A survey of 230 employers in the legal, finance, consultancy, retail and other sectors found that fewer than one in four names a specific degree course in advertisements. With the exception of more scientific sectors such as engineering, where a specialist degree is a prerequisite,
employers were more interested in an applicant's level of attainment as well as "other skills". (Times Online)
- onemillionjobs.com - Where jobseekers recruiters and employers click onemillionjobs.com is a brand new concept developed by seasoned HR professionals. An innovative, easy to use and
affordable approach to online recruitment, delivering multiple benefits to:
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Attract Internet jobseekers directly to all the vacancies on your corporate careers page - saving a fortune in recruitment fees and online jobboard advertising.
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Reach out to Internet job-seekers worldwide, and guide them directly to your clients' ads while boosting your unique user statistics.
- Recruiters say response to outside job offers tepid Out-of-state companies try to lure skilled Gulf Coast workers Some out-of-state companies hoping Hurricane Katrina would drive skilled workers out of the Gulf Coast and
onto their payrolls have gotten a tepid response to their advertisements and recruiting efforts.
- "You belong," exhorts Denver-based Exempla Healthcare's pitch to "Relocate to Colorado on us!"
- Federal Realty offers Gulf Coast workers "A place to rebuild your life" in Maryland and Northern California.
- "Ready for a change in scenery?" asks Carter & Burgess, a Tampa, Fla., engineering firm.
But so far, the answer has generally been, 'No thanks.' (2theadvocate)
- Leaders worry destruction may extend New Orleans' brain drain Joe Ann Clark, the executive director of the Louisiana State Nurses Association, said she gets recruiting calls every day from hospitals across the country desperate
to hire away as many of New Orleans' roughly 13,000 displaced nurses as they can. With the nation facing a nursing shortage, Clark is struggling to keep nurses in the state so they can return to work if and when the decimated health-care system is rebuilt. But it's not been easy. One California hospital
is offering $42 an hour and a $13,000 signing bonus, she said. "My gracious," said Clark, a retired nurse. "It's hard to compete with that." (HeraldToday)
- Tough times continue for newspapers Help-wanted, real estate classifieds among strengths This week's round of newspaper company earnings reveals an industry still plagued by mediocre print advertising growth, though help-wanted
and real estate classified ads remain strong, fueled by online usage. (MarketWatch Registration Required)
- New York Posting for Chief Talent Officer (Craigslist)
- Survey suggests growth outpacing labor supply The growth in new jobs is outpacing the number of people available to work, according to a survey of Lincoln County business owners. "The quality and productivity of the labor force
is positive, but the population is growing at a much slower rate," said Jenne Garvey Rodriguez of the Nebraska Department of Economic Development. (SiouxCityJournal)
- JobsInME.com's State Employment Index: 3rd Quarter Job Growth up 34% JobsInME.com is the largest Internet job site in the state. With over 7,000 jobs posted and more than 340,000 unique visits per month, we are in an advantageous
position to monitor and report on the employment trends within the state. The JobsInME.com Jobs Index is a statistical summary of the data compiled for the month. The Index identifies key trends based on job openings posted, searches performed by job seekers and key metrics from the web site. Taken together,
they offer a unique perspective into the key trends for employment in Maine. (MaineToday)
- Job-skills shortage called a myth There is a widespread belief that U.S. workers' education and skills are not adequate for the demands of jobs in the modern economy. Thus Michael J. Handel, a UW- Madison sociologist, introduces his book "Worker Skills and Job
Requirements: Is There a Mismatch?" His answer: No. In his rather contrarian treatise, sponsored by the Economic Policy Institute, Handel puts the current and looming skills shortage in the category of urban myth. Many will disagree. (Wisconsin
- Labour shortage discouraging to foreign customers A labour shortage in the two main foreign exchange earners of Viet Nam, the garment and footwear industries, have discouraged foreign customers from signing export contracts.
Director of Lien Anh Footwear Co Ltd in HCM City Truong Thi Thuy Lien said in the past it took the company only two days to receive about 50 applicants, but now a lot of former labourers have left their work for numerous reasons, and the company cannot fill positions. (Vietnam
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