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Electronic
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John Sumser presents the interbiznet Bugler

interbiznet presents The Bugler

October 18, 2006
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Reveille and Hyperbole:
Resolve Staffing has acquired Power Personnel, Inc., located in Rochester, NY. With seven offices in the upstate New York market, Power Personnel provides a variety of temporary staffing, permanent placement and payroll management services. The acquisition gives Resolve a total of 16 staffing offices in the New York and 74 nationwide.

RPOworldwide, a leading provider of offshore Recruiting Process Outsourcing (RPO) services, today announced that CEO Steve Shangold will be a featured speaker and panelist this November at the National Association of Computer Consulting Businesses (NACCB) 2006 Annual Conference.

The premier destination for HR decision-makers from around the world, Human Resource Executive(R) magazine's 9th Annual HR Technology Conference & Exposition reported record-breaking results from its event held earlier this month from October 4 - 6 at Chicago's Navy Pier. This year's record number of paid attendees, 213 exhibitors, and more than 50 new product introductions, defined the conference as the largest HR IT trade show in history.

Teachers, guidance counselors, parents, and students can find out more about engineering as a career on a new website, TryEngineering.org. The site is a project of the Institute of Electrical and Electronics Engineers ( IEEE ), the world's largest technical professional society. "TryEngineering.org is intended to serve as the ultimate resource on engineering and engineering careers. It helps visitors better understand engineering and the important part it plays in our daily lives," said Moshe Kam, Vice President of the IEEE Educational Activities Department. "Unlike other sites that concentrate on various careers, this site goes beyond a specific discipline and promotes the overall engineering profession."

Almost four months after its public launching of June 20, 2006, Jobalot.com (www.Jobalot.com) hosts over 675,000 job listings from 19 niche affiliates. These listings give job seekers the advantage of searching multiple sites in one simple interface. "With the introduction of more and more information online, vertical search is changing the way people utilize the Internet," said Kirsteen Lankford, Project Manager of Jobalot. "Users are much more savvy and aware of the benefits that vertical sites like Jobalot can offer." Two of the newest affiliates include Job Central and Hot Gigs. Job Central (www.JobCentral.com) serves as an alliance for nonprofits DirectEmployers Association and National Association of Colleges and Employers (NACE). Job Central's services cover the gamut of entry to professional level within all industries. Hot Gigs (www.HotGigs.com) works as a streamlined online staffing company, and the two additions bring the product up to 19 affiliates on Jobalot's network.

Workcircle may just have become the fastest-growing UK job site. In its first week of operation, Workcircle has indexed 100,000 live jobs from job boards across the country. Workcircle's CEO, Simon Appleton, says, "We hadn't anticipated growing quite this quickly, but the site has scaled beautifully. All the jobs are live positions - ours isn't an archive of out-of-date jobs."

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You Should Know:
Australia:
Aussies expect retirement funding help

NEARLY one third of Australia's ageing baby boomers expected the Federal Government to help fund their retirement while 1 per cent said they would ask their children for help, according to research.  A University of NSW survey of nearly 7000 older Australians found there was a significant shift in values and priorities and many retirees believed they had not saved enough.
Dr Diana Olsberg, a director of the University of NSW's Research Centre on Ageing and Retirement, and co-author Mark Winters found that independence, flexibility and consumer and lifestyle choices were priorities for older Australians. (News.com.au)

Canada:
Four IT job search traps...and how to avoid them

Some IT professionals feel a lingering frustration because - though highly skilled and experienced - they can't seem to locate a new position in today's employment market. If that's your experiience, you may want to consider whether you're falling into these common job-search traps: (Computerworld)


Cuba:
Cuba's past and future populations

For most of its post-Columbian history, Cuba has had a relatively small population, numbering barely more than a quarter-million people by 1792 and only reaching the total of one million people in the 1840s. During the first three centuries of Spanish rule, Cuba was neglected in preference to the much richer mainland; in the final century of Spanish rule, a Cuba that was now one of Spain's major colonies prospered thanks to an open economy dominated by its sugar plantations. Cuba's white population was bolstered first by the immigration of French refugees from the future Haiti then by substantial immigration from metropolitan Spain, complementing a very large Afro-Cuban population and the substantial Chinese Cuban community created, like the other Asian immigrant communities in the 19th century Caribbean, to replace the labour that enslaved Africans were once forced to provide. (MatureMarket)

China:
China facing employment crisis with 34.5 mln new job-seekers in next five years

The Chinese government is facing a "severe" employment crisis with 34.5 million people expected to come on to the labor market from 2006 to 2010, according to a senior member of the Chinese People's Political Consultative Conference (CPPCC). Chen Mingde, said at a meeting of the Standing Committee of the CPPCC National Committee, China's top advisory body, that job creation would be crucial to the government's aim of building a harmonious socialist society. He said 25 million new job-seekers would enter the market this year, of whom 11 million might find jobs in urban areas, leaving 14 million unemployed. (People's Daily)

Global:
I
T News: Employment Rate Slows for the First Time in a Year

First, the bad news: According to the National Association of Computer Consultant Businesses, as of September, IT employment stands at 3,667,100 -- up by about 4 percent from September 2005, but not much different from August 2006. This marks September 2006 as the first month in over a year not to show significant growth in IT employment. Blame a slowdown in the hiring rates of non-IT companies, says the NACCB. The good news? The unemployment rate among IT pros is still less than half the national average. http://www.naccb.org  ( Microsoft Certified Professional Magazine)

Upwardly global: Making the most of homegrown skills
Internet giant Google needed people fluent in Spanish and familiar with Latin culture for special advertising projects. The California State Automobile Association, faced with saturation in its mainstream market, wanted to woo Latino members.America California Bank, which had focused on Chinese immigrants, decided to reach out to Latinos. To break into new markets, these organizations hired a key person from the ethnic group they sought to attract. And all those new hires had gotten job-hunting training at Upwardly Global, a small San Francisco nonprofit that specializes in helping immigrant professionals restart their careers. (kitapsun)

India:
In India, Even Google Finds Job Recruiting Tough

A board member cited a shortage of Web development skills such as knowledge of JavaScript and Ajax, used in Google Maps and Flickr. Middle managers are also in short supply, he said.  There may be more than a billion people in India, but even an Internet superstar like Google Inc. has trouble recruiting talented locals in its South Asian operations, a board member said Tuesday. "I know first hand that we've had a bit more of a challenge trying to hire engineers for Google in Bangalore compared to other parts of the world," Google director Ram Shriram told a private investment conference taking place in San Francisco. In particular, the venture capitalist cited a shortage of Web development skills such as knowledge of Javascript and Ajax (Asynchronous JavaScript and XML), the Web design technology used in the latest generation of Web sites like Google Maps and Flickr. Middle managers also are in short-supply, he said. (Information Week)

Scotland:
Scottish employment growth slows
September's Bank of Scotland Labour Market Report has signalled a slowdown in the rate of jobs growth in Scotland, partly due to a lack of suitable candidates. In this environment wage and salaries continued to post solid increases. The report's labour market barometer posted a reading of 59.4 in September, an eight month low. However, the index was still above the equivalent barometer for the wider UK economy and also well above the 50 point level, which signals a growing labour market in north of the border. (
Onrec)

UK:
A&O causes dismay over salary survey
Allen & Overy's (A&O) salary hike for associates has understandably sent rival firms into a spin as the market inevitably rushes to keep pace and match the increase. But the rise has had far wider implications than just those for the law firms. Consider the plight of one poor City recruitment firm, which had painstakingly spent weeks collecting and collating salary information for a comprehensive report on pay scales across the square mile and beyond… only for A&O to announce its pay review just as its finished product hit the printer's presses.(
lawyer.com)

US:
US baby boomers' retirement plans uncertain -study
Most U.S. baby boomers expect to work longer than their parents' generation and more than a quarter don't plan to retire at all, according to a study released on Monday by the National Association of Realtors. The NAR study said Americans born between 1946 and 1964 face uncertain retirement plans due to differences in lifestyles from their parents' generation. It cited living longer and marriage and parenting later in life among factors that would delay their retirement. (Reuters)

Make your money last for retirement
The baby boomer generation is enjoying the longest life expectancy of any previous generation, which means today's vision of retirement brings rewarding new opportunities. However, it also presents new challenges never faced by the preceding generations. While your parents' generations may have had guaranteed pensions, it is your personal savings and investments that will most likely drive your income through retirement. And with longer life expectancies, you may need to make your assets last three decades, or more. To help you prepare to navigate through retirement, there are six important factors to consider. The first is longevity. Even the most carefully laid out retirement plan can be impacted by the greatest unknown of all: how long you can expect to live. Today's retirees can plan on living 20 to 30 years in retirement, so it's important to keep in mind that living longer can also affect your retirement income needs. (Intelligencer)

InTech survey: Engineers and managers content with careers, salaries aren't bad either
Work days are longer, and the meetings are endless and often get in the way of doing real work, but engineers throughout the automation industry continue to remain steadfast and devoted to their profession. You can tell, because at the end of the day, the long hours and the meetings are well worth it because the job of an automation engineer remains challenging, engineers said. Just over 65% of engineers surveyed in the annual InTech global salary survey said they were satisfied in their current job. While 26% of engineers remained neutral in their satisfaction levels, only 8% said they were not happy in their current position. Along those same lines, engineering management showed slightly elevated levels of satisfaction. Of the managers surveyed, 71% said they were satisfied or completely satisfied with their jobs. While 22% said they were neutral, only 7% registered dissatisfaction. (InTech)

 

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Deep Release:
Aging Workforce Survey Finds Most Nurse Leaders Will Retire by the Year 2020

Data Cites Urgent Need for Implementation Of Strategies to Recruit and Retain Nurses

A new survey of nurse leaders released by the Bernard Hodes Group, found that in just four years the number of nurse leaders retiring will begin to escalate, with 75% of current nurse leaders planning to retire by 2020. In addition, by 2020, the respondents believe that slightly more than half of their nursing employees will also be retiring.
The survey of 980 nurse leaders from every state and Canada found that in just four years, by 2010, approximately 20% of the nurse leaders will have retired and 35% of the nursing employees with substantially fewer nurse leaders and nursing employees available as replacement workers.

The survey was conducted to provide an overview of programs and strategies currently used by a small percentage of health care organizations to retain their aging workforce.

"In order to replace those who are retiring, it will be necessary to bolster recruitment and hiring efforts and retention of nurse leaders and nursing employees," said Karen Hart, Senior Vice President, Health Care Division. "We believe if targeted solutions could be implemented, the loss of nurse leaders and nursing employees could be alleviated."

While nurses are retiring at a rapid rate, only a few of the health care organizations have implemented these solutions to assist in the recruitment and retention of nurses:

* Implementation of lift teams (22%)
* Redesigned roles for mature nurses (24%)
* Formal succession planning (9%)

About Bernard Hodes Group
As a fully integrated talent solutions provider, Bernard Hodes Group (http://www.hodes.com ) offers solutions that often combine multiple service offerings from the Company's core competency areas: Recruitment Marketing; Sourcing/Response Management; Hiring Process Re-engineering; and Staffing Technology (see http://www.hodesiQ.com). All solutions are developed and measured within the company's 360-degree process methodology. The company's Health Care Division is staffed by RNs with clinical, managerial and recruiting experience. In addition, Bernard Hodes Group has health care strategists in many of its offices nationwide. The company is headquartered in New York, with over 80 offices and affiliates around the globe. Bernard Hodes Group is a wholly owned subsidiary of Omnicom Group, Inc., (NYSE - OMC), one of the world's leading marketing communications companies. Bernard Hodes Group serves thousands of clients in virtually every industry, helping them to attract and retain talented workers in every skill set.

Deeper Still:
Baby Boomer Study Shows Changing Housing Needs, Uncertain Retirement
Baby boomers have a wide variety of housing needs in the future, depending on their retirement plans -- or lack thereof -- according to a study by the National Association of Realtors®.
Most of the 78 million baby boomers are far from retirement, with diverse plans and timelines, resulting in different housing requirements and significant shifts from patterns established by earlier generations. The comprehensive study is based on a survey of nearly 2,000 American baby boomers born between 1946 and 1964 -- the largest generation in U.S. history; the survey was conducted for NAR by Harris Interactive®.

David Lereah, NAR's chief economist, said baby boomers are living longer and are different from previous generations because they have no set path for retirement and have more varied circumstances in life. "The differences from past generations -- and between baby boomers themselves -- will have a significant impact on housing needs over the next 10 to 20 years that is very different from the World War II generation, and many boomers simply don't know how they'll retire," he said.

"A significant portion of baby boomers married later in life and had children at a later age, which means many will continue to work beyond the traditional retirement age. Older boomers are thinking about retirement, but one-third expect to go back and forth between periods of work and periods of leisure, and another 35 percent want to work at least part-time or start a business -- all of this will have an impact on the kind of homes they buy as well as where they buy them." The median age at which baby boomers expect to stop working is 70, but 27 percent say they never intend to stop working.

He said most baby boomers are currently in the workforce, a good portion of them have children living at home, and boomers remain a driving force in the housing market. "Just over a quarter of the boomer generation is aged 55 to 60, which is when many people traditionally begin to focus on their retirement plans, but analysis of the survey suggests they are more likely to stay in the workforce longer and will be less likely to downsize than previous generations -- the leading edge of the boomer generation is the key to future housing impact."

"Because they will be in the workforce longer, boomers will postpone purchase of retirement property and won't be making those moves as early as assumed," Lereah said.

Forty-two percent of survey respondents would like to retire in the South, 32 percent in the West, 15 percent in the Midwest and 12 percent in the Northeast. "This tells us that the Sunbelt will remain a traditional draw for retirees," Lereah said.

Most boomers live in two-income households, with a median income in 2005 of $64,700, which is 31 percent higher than the median for all households. This generation makes up 37.5 percent of U.S. households, but receives nearly half of all aggregate household income. "This translates into a lot of purchasing power, and helps to explain why 8 out of 10 boomers are homeowners," Lereah said.

For baby boomers earning $100,000 or more, the study shows that more than 9 in 10 are homeowners. Among middle-income boomer homeowners, home equity accounts for fully half of their net worth. Even so, 19 percent of respondents are renters, 37 percent say they have just enough to make ends meet and 17 percent say they are having financial difficulty.

A quarter of baby boomers own one or more other kinds of real estate in addition to a primary residence: 13 percent own land, 8 percent own rental property, 7 percent a vacation home or seasonally occupied property, 2 percent commercial real estate and 3 percent some other kind of real estate.

Four out of 10 respondents intend to convert their vacation home into a primary residence in retirement. Analysis by NAR shows baby boomers are proportionately more active in the second home market, owning 57 percent of all vacation/seasonal homes and 58 percent of rental property.

Ten percent of boomers indicate they plan to buy some form of real estate within the next year, which corresponds with U.S. Census Bureau data that shows 3.5 million boomer households moved during the last year. Two-thirds are considering a primary residence, but the rest are thinking about land, second homes or commercial property.

NAR President Thomas M. Stevens from Vienna, Va., said the survey shows most boomers want professional services when they buy real estate. "Baby boomers expect professional service and guidance from real estate agents, and they value those services," said Stevens, senior vice president of NRT Inc. "When buying a home, they want agents to represent their interests in the complex transaction process, and when selling they want help to establish the right asking price. Regardless of whether they're buying or selling, boomers want agents to explain all of the complicated contracts, forms and agreements, to manage the closing process from start to finish, and to negotiate on their behalf."

Most survey respondents were unsure of their financial future, with three- quarters saying they are not financially prepared for retirement and many expressing anxiety about their ability to retire. Some boomers said they might withdraw retirement funds for housing or real estate expenses.

Peter Francese, an independent demographic trends analyst and founder of American Demographics magazine, consulted on the findings. "For the vast majority of baby boomers, retirement is somewhere off in the future," he said. "Considering that boomers are healthier than their predecessors, and are more likely to work in an office setting, many of them may work five or 10 years beyond the traditional retirement age of 65," he said.

Half of boomers who live in an urban area would like to retire in a small town or rural area. Their ideal retirement location characteristics include a lower cost of living, being near family, quality health care, better climate and being near a body of water.

More than a third of all baby boomers want to retire in an urban or suburban setting, motivated by quality health care and cultural activities. Half of boomers said they would consider living in an age-restricted community.

Given a longer tenure in the work force baby boomers may choose a larger home than earlier generations, speculates Francese. "Boomers may want or need a somewhat larger dwelling that includes one or two home offices, and a low- maintenance home on a single level would have broad appeal to this group," Francese said.

Almost one in four boomer households have a high net worth of $500,000 or more, and this ratio is expected to increase in the future as the generation ages. Virtually all high-net-worth households are homeowners (97 percent), and 47 percent are likely to also own other real estate in addition to their primary residence. More than a third expect to help children or grandchildren with a downpayment on a home. Wealthier boomers want amenities where they retire, including cultural activities such as museums and art galleries. As a result, they are more likely to retire in an urban area or city.

Although most boomers are married couples and 27 percent have children under the age of 18, nearly two out of five baby boom households are nontraditional households, most of which are headed by women.

Non-traditional households may have different needs and desires about where they want to live. For boomers with children, neighborhood schools are of obvious concern, but for those without children, security may be a bigger issue.

Twenty percent of boomer households are headed by women, but because women aged 60 to 69 account for a quarter of homeowners in that age group, the number of women boomer homeowners is likely to increase much faster than average as they age.

Francese said there's little doubt that the vast majority of baby boomers will delay retirement. "Some will put off retirement because they have to, but many because they want to," he said. "Many will have a larger income stream to purchase possibly two homes, which they may use to move back and forth between their retirement life and their working life."

"However, some caution should be exercised here regarding retirement preferences," Francese said. "Surveys of future intentions often include a dose of wishful thinking, and attitudes can be influenced by the media and other outside pressures. For example, many are probably not going to be able to, or even want to, retire in a small rural town far from their current home, even if they may dream about it currently."

Preliminary study results were released May 18 at NAR's Midyear Legislative Meetings & Trade Expo, with a focus on the real estate and second- home appetite of boomers. The more extensive analysis released today is also supplemented with context and data from the Census Bureau's mid-2006 estimates of population characteristics; it offers an abundance of information helpful for planning to Realtors®, builders, mortgage lenders and others connected to the housing industry.

The survey for the 2006 National Association of Realtors® study, BABY BOOMERS AND REAL ESTATE: Today and Tomorrow, was conducted online by Harris Interactive® between March 31 and April 6, 2006, among a nationwide cross section of 1,969 U.S. adults born between 1946 and 1964. Figures for age, sex, race, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. With 95 percent certainty, overall results have a sampling error of plus or minus 2.2 percentage points; the sampling error for various sub- sample results is higher and varies.

The study can be ordered by calling 800/874-6500, or online at: http://www.realtor.org/babyboomerstudy. The cost is $50 for NAR members and $125 for non-members.

Harris Interactive Inc. (http://www.harrisinteractive.com), based in Rochester, N.Y., is the 12th largest and the fastest-growing market research firm in the world, most widely known for The Harris Poll® and for its pioneering leadership in the online market research industry.

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at http://www.realtor.org . This and other news releases are posted in the News Media section. Statistical data, charts and surveys also may be found by clicking on Research.


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