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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."
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:
IT 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)
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.
Coming Soon:
Hunt Scanlon Advisors present "Defining
Leaders" New
York city October 18 - 20, 2006
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October 25 - 27,
2006 Red Rock Resort Las Vegas, Nevada Register
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Barcelona, Spain
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8th
Annual Corporate University Week
Design, Deliver & Evaluate Effective Training
November 13-16, 2006
Disney's Contemporary Resort, Orlando FL.
$2,298 |
Experienced
Alumni Recruitment &
Career Management Conference
November 17-18, 2006
The University of Houston
$215
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December 15 & 16, 2006
Leela Palace, Airport Road, Bangalore-1,India
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