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Reveille and Hyperbole
JobZen announced the launch of a new business model for the Canadian staffing industry. JobZen's Associate Programs provide a platform for Staffing Professionals to operate independently under their own
brand. Designed for recruiters who are working for an agency, corporate HR department or independently, JobZen's bundled services equip individuals to build their own enterprise with the support of qualified professionals. JobZen Associates retain up to 90% of fees and still enjoy the benefits of working in a
larger organization.
VirtualEdge (beware, loud music ahead) announced the immediate availability of VE Fall Release 2005 to its worldwide customer base.
Today's workforce consists of four different generations, all with different values, rewards and work ethics. Cam Marston's new book "Motivating the 'What's in it for Me' Workforce: Managing Across the Generational Divide" explores
issues facing all four generations and how addressing these issues in the workplace can improve the success of an organization.
Convergys (CVG) announced an alliance with
ClickFox a provider of Customer Behavior Intelligence (CBI) solutions for optimizing the customer experience across multiple channels.
Ceridian has been selected as the HRO provider for PHH Corporation (PHH).
According to Battalia Winston International, 87 percent of businesses will be conducting some type of holiday celebration this year. While this represents a clear majority of companies, it is down 8 percent from last year (95%) and
represents the first reduction in holiday parties since 2001 when the weak economy and the terrorist attacks of 9-11 combined to reduce party participation to 83 percent. Interestingly, 96 percent of businesses view holiday celebrations as a valuable morale builder that demonstrates appreciation for staff.
The remaining 4 percent of respondents view their holiday party as a marketing opportunity to mingle with clients.
Cvtips.com has released a new career & recruiters directory which will group all the career & recruitment sites on the internet in one place.
The Adecco Group (ADO) announced results for the third quarter 2005. Jerome Caille, Adecco Group Chief Executive Officer, said: "I'm pleased with this
quarter's net income growth of 16%, which reflects our operating profit growth, combined with lower tax and interest expenses."
Lawson Software (LWSN) today announced the general availability of Lawson Business Intelligence 9.0 to help executives and managers make better and
faster decisions so they can improve corporate performance.
American women are less likely than their male counterparts to accept an employer's request to relocate due to concerns about spouses and families, according to a joint survey released today by Worldwide ERC(R), the association for global workforce mobility, and Prudential
Relocation, a Prudential Financial, Inc. (PRU) business. According to the
Relocating Women in the U.S.: Trends and Comparisons survey (Registration Required), 66 percent of women and 81 percent of men typically accept an offer to permanently relocate
within the U.S. The survey revealed that at present, the largest proportion of relocated employees for permanent (47 percent), short-term (34 percent) and commuter (36 percent) assignments within the United States are married men.
JobsInLogistics.com, the largest online job board for logistics and related industries, was recently awarded the prestigious "Best In Class" Award for 2005. This award was given by MRINetwork, the
world's largest executive search and recruitment organization. JobsInLogistics.com received the highest overall score, beating out all other niche job boards.
Deck Chairs
Workscape has hired Kevin Rhone as the Company's new Senior Vice President and General Manager of
its Workforce Management business unit....Poindexter Systems a provider of behavior-targeted advertising technology, has named Toby Gabriner chief executive...StraightSource, an RPO, has hired Karen Reynolds as Vice President of Operations. ...Packeteer
(PKTR) appointed Greg Pappas as its new vice president of human resources....Cindy Bezaury, formerly the assistant county administrator and human resources director for Allegan County,
Mich., has been hired as Tucson's new human resources director. ...Jane Stampe has joined VirtualEdge (beware, loud music ahead) as Executive Vice
President of Worldwide Sales...Qwiz and ePredix, two recently joined leaders in organizational performance solutions, today announced that Mike Fetzer, Ph.D. has joined the company as the Vice President of Product Strategy &
Development....Capital H Group added Terry Faulk and Diane Gallo to its advisory board of directors. Faulk is Executive Vice President of Global Human Resources for Kraft Foods; Gallo is an
executive officer at Overland with responsibility for Human Resources...Eric P. Straus, President & CEO of RegionalHelpWanted.com, Inc. announced that Scott Marxer has joined the company as Vice President, Inside Sales.
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You Should Know
Global:
- Dear Workforce: I have been asked by management to develop a five-year recruitment plan that supports the company's business plan. What should the proposal cover? (Workforce)
- Human Resources Outsourcing Leads to Higher Costs at Typical Companies But world-class companies spend 25 percent less by using HR outsourcing to cut transaction processing costs In most cases, human resources (HR)
outsourcing leads to higher costs at typical companies, despite the fact that world-class HR organizations rely on selective outsourcing to reduce costs in highly repetitive transaction-oriented areas, according to newly released research from business process advisory firm The Hackett Group.(SupplyChain)
- Rockstars? Nah. Call 'Em BlogStars | Notes from the Editrix All you people out there who dismissed blogging as a passing fancy, it is now officially time to take note: the bloggers are here stay, and now, it seems, they've
gone totally legit. Which makes people like me wonderfully happy, if also sporting a middling concern about what said "legitimacy" will mean for bloggers in the long run. I can remember not more than a year ago having a conversation with someone in this industry who dismissed the future of the blog from
an advertising perspective. Nobody reads the things, this person said; nobody cares about blogs. Hmm. Really? A year later and the stats—and money—seem to be moving swiftly in the other direction. (ADBumb)
- Beating the odds in market entry Most new market entrants are doomed to fail. Why? Cognitive biases—systematic errors in the way people process information—often undermine the planning and decision-making processes of otherwise
astute executives. (McKinsey, Registration Required)
- Behind 'Shortage' of Engineers: Employers Grow More Choosy Many companies say they're facing an increasingly severe shortage of engineers. It's so bad, some executives say, that Congress must act to boost funding for
engineering education. Yet unemployed engineers say there's actually a big surplus. "No one I know who has looked at the data with an open mind has been able to find any sign of a current shortage," says demographer Michael Teitelbaum of the Alfred P. Sloan Foundation. (CareerJournal)
- The Quandry of Agencies in an SEM World Search advertising continues to evolve at a brisk pace. It has already assumed a size that makes it impossible for even the greatest critic of search advertising to ignore its potential. An
article written by Saul Hansell that appeared in New York Times on the 30th of October—"Google Wants to Dominate Madison Avenue Too"— explains how Google plans to disrupt the advertising business by replacing creative salesmanship with cold number crunching. Google's intentions are well expressed by
statements like the one made by their CEO, Eric Schmidt: "You are the C.E.O. of a large company, and I come to you and say, 'Give me $1 million and give me your Web site, and we will guarantee you will get $100 million in sales.' Which C.E.O. would turn that down?" (ADBumb)
- How Some Innovative Employers Are Embracing Flexible Scheduling For the millions of U.S. workers who want more control over their time, companies have a new message: Flexible scheduling is getting an overhaul. A few
innovative employers are starting to hand out nontraditional work arrangements, including flextime, part-time hours and shorter workweeks, in a fairer, more systematic way. Some are opening up the option to all employees, rather than limiting flexibility to a privileged few, as has often been the case in
the past. But they're also raising the bar for employees on nontraditional schedules by asking for more teamwork and accountability in return. (CareerJournal)
- Mr. Briteside: Philip Kaplan Builds the Marketplace for Online Advertising It's quite a feat to be considered a maverick in an industry without a rulebook. Yet in just five years, Philip Kaplan has truly earned the appellation,
most notably by having founded F***edCompany.com: a hugely successful website that tracked dotcom failures at a time when the online industry was crumbling faster than the Death Star. (ADBumb)
- Google Base Live, Accepting Content Google Base, which some people got an early glimpse at last month, is now live (or supposed to be) for anyone to play with. So what's in it, and what's it all mean? (Search
Engine Watch)
Malaysia:
- JETRO Study Shows M'sian Workforce Not Competitive A recent study conducted by the Japan External Trade Organisation (JETRO) showed that the Malaysian workforce is not competitive enough and looses out to its counterparts in the region, Human Resources Minister Datuk Dr Fong Chan Onn said
Wednesday. He said the annual JETRO study conducted among Japanese businessman in the country showed that Malaysian workers were job hoppers and lacked skills. (Bernama)
US:
- AFL-CIO Launches Web SiteFor Researching Employers In a further example of how the labor movement is increasingly waging broad campaigns to highlight corporate behavior, the AFL-CIO launched a Web site Thursday that lets
workers search for information about outsourcing and workers' rights violations at roughly 60,000 U.S. companies. Launched through the nine million-member labor federation's community affiliate, Working America, the "Job Tracker 2.0" site provides data on recent health and safety violations, injury
rates, violations of the National Labor Relations Act, as well as CEO compensation. Visitors can search the site by company name or by state or zip code. (CareerJournal)
- Pensions Go on the Balance Sheet: FASB In a unanimous vote, the accounting standards board decided last week to look into an overhaul of the retiree-benefit accounting system. Employers would be facing a bumpy road ahead if
they're no longer permitted to smooth results over a number of years when they account for the pensions and retiree health benefits they provide. (CFO.com)
- White House Agrees to Reinstate Wage Requirement in Gulf Coast The Bush administration said Oct. 26 that it would reinstate Davis-Bacon Act prevailing wage requirements for reconstruction projects in the hurricane-battered
Gulf Coast region. "Upon review of current conditions in the declared areas, the administration will reinstate Davis-Bacon Act provisions effective November 8," Labor Secretary Elaine Chao said in a statement. (CareerJournal)
Survey Sez:
Hay Group Study Says Utility Industry Faces Severe Manpower Shortage As Majority of Its Workforce Plans Retirement
Electric and gas companies face significant threat to their survival
It's more than two years since the major 2003 blackout and in the last few months there have been several power failures following hurricanes and floods. Yet before the decade is out, the nation is likely to face numerous blackouts according to a new Hay Group study unless the utility industry immediately
addresses dangerously inadequate staffing levels.
An Aging Concern
According to a new study by Hay Group, a global organizational and human resources consulting firm, a substantial number of mission-critical employees in the utilities industry from the executive suite down to the lineman are rapidly approaching retirement age in the next four years.
The likely retirees are in key roles including management, senior engineers, operations, nuclear operators, gas transmission specialists, and control supervisors. The Hay Group Utilities study found that on average these employees are older than their counterparts in other industries and represent
approximately 50% to 60% of the industry's knowledge assets.
According to the Hay Group study, 40 percent of senior electrical engineers and 43 percent of shift supervisors will be eligible for retirement by 2009.
The study also found that more than two-thirds of utility companies surveyed have no succession plan for supervisors and 44 percent have no plan for vice presidents.
"The electric and gas industries could easily collapse if they don't put a plan in place for staffing, retention, recruitment, and training" said Mike Brown, Senior Consultant and Utilities Sector Leader for Hay Group. "We need to seriously question if we will be able to keep the lights on in the next ten
years."
This corporate crisis began in the tumultuous years of deregulation 15 years ago when utilities were in the business of merging and downsizing. Few utilities achieved the anticipated gains from the mergers and staffs were cut across the board.
Recently, crises such as the blackout of August 2003, power failures in the Gulf Coast, and ongoing post-9/11 security concerns underscore inherent weaknesses in the nation's electric power system. The Hay Group study found an intense need for power engineers as well as for a broad range of other utility
personnel in the coming years.
Shrinking Talent Pool
The study also found that this issue goes way beyond human resources issues of retirement, recruitment, and retention and needs a comprehensive approach that includes academia. The utility industry's staffing problems start at the undergraduate level. Universities are now graduating an average of 10 power
engineers per state per year, compared to 2000 graduates in the 1980s. In contrast, such countries as India, China, and Russia graduate a significant number of power engineers each year.
Surprisingly, salaries are more than competitive, with senior power engineers earning 30 to 40 percent more than computer science engineers. The base salary for these engineers is $100,000. Yet today's most talented, promising students are focused and directed toward careers in aerospace, biotechnology,
software development, and chemical engineering.
Diversity is also an issue. According to the National Academy of Engineers, the number of women in engineering is declining. Women account for less than 17 percent of engineering graduates compared to 20 percent a few years ago.
"Hay Group has started to work with electric and gas companies to address these critical issues," said Brown. "These firms need a comprehensive plan to address retirement, succession planning, career development, retention, and rewards. But given the shortage of talent, they should go further to include
job and organizational design, job sharing, and work systems."
Coming Soon
Webinar: Guy Kawasaki and Teresa Shappell
Creating a Portfolio of Leaders to Drive Successful Exits"
November 30, 2005
10:30 a.m. PST / 1:30 p.m. EST
Free
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IHRIM Webinar
The State of Workforce Technologies and Service Delivery Approaches: Insights from the CedarCrestone Survey
December 1, 2005
9:00 – 10:30 a.m. PST 12:00 – 1:30 p.m. EST
$175
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Strategic Research Institute's
Beyond Blogs & Social Networks conference,
December 1-2, 2005
Jersey City, NJ
$1,495
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OnRec presents:
Digital Content Forum
Feb 02, 2006
Cafe Royal, London
More Info
£175 plus VAT
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Human Capital Summit Conference
April 5-7, 2006,
Chicago Marriott Downtown Hotel
Register
$1195 |
IHRIM: HRMStrategies 2006
April 9-12, 2006
Washington, DC
$1,265
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2006 EREC
21-22 June 2006
ExCel
London, UK
Register |
HR.com's Employers of Excellence Conference 2006 October 25 - 27, 2006
Red Rock Resort
Las Vegas, Nevada
Register |
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