Reveille and Hyperbole: Oracle announced an open initiative, the Identity Governance Framework (IGF),
designed to help organizations better govern and protect sensitive
identity-related employee, customer and partner information as it flows
across heterogeneous applications. Leading identity vendors including CA,
Layer 7 Technologies, Novell, Ping Identity, Securrent and Sun Microsystems,
Inc. have reviewed a draft of the Framework and plan to work with Oracle to
develop full specifications. With the announcement, Oracle is also
inviting additional vendors and customers to review and contribute to the
key draft specifications.
Leaders Discuss Diversity as Tool for Economic Growth. More than 100 leaders from
Greensboro and the Triad region participated in an annual breakfast event created to
discuss local diversity and inclusion issues and promote the JBC Institute sponsored
Chief Diversity Officers Forum. The fourth annual CDO Forum is scheduled for March
20-22, 2007 at the Grandover Resort and Conference Center in Greensboro. The CDO
Forum is expected to bring more than 600 conference attendees from around the U.S.
and beyond. Deloitte, DiversityInc, Food Lion, IBM, Monster and Wachovia are
supporting as "conference partners" and a host of local and national organizations
are also sponsors of the event.
PeopleAnswers, a leading provider of next
generation web-based assessment and work force optimization software, introduced its
new Profile Optimization capability, which dramatically reduces candidate testing time
while maintaining high predictability rates in identifying future top employees.
You Should Know:
US: American Marketing Association (AMA) unveiled research that shows consumers believe companies who use customer-created advertising are more creative, customer-friendly and innovative than companies that use only professionally created advertising.
"More and more companies are giving control of their brands to their consumers," said Dennis Dunlap, Chief Executive Officer, American Marketing Association. "The increase in resistance to all forms of marketing has led many organizations to rethink their strategies and focus more on involving the customer in the marketing process to build a sense of collaboration and reciprocity. It is important to consider how companies can do this successfully while reinforcing and protecting the brand."
( American Marketing Association)
Changes to Harassment Prevention Training Requirements are on the Horizon.
After considering comments it received to its modified harassment training regulations, the California Fair Employment and Housing Commission (FEHC) adopted final proposed regulations. These final proposed regulations interpret Government Code section 12950.1, aka Assembly Bill 1825 (also part of the California Fair Employment and Housing Act), which requires organizations with 50 or more employees in California to provide interactive sexual harassment prevention training to their supervisors every two years, taught by an expert.
(ANN Law)
Survey Says: College Students Fret about Long-Term Savings and Repaying Growing College Loans
Experience, Inc.'s 2006 "College Life - Finances & Banking" Survey Reveals Some Students Have Credit Card Debt but Most Worry More about Paying for College
Experience, Inc., the leading provider of career services for students and alumni, announced the findings from its 2006 "College Life - Finances & Banking" survey. Experience polled more than 4,800 students from colleges and universities nationwide to learn about their use of credit cards and how they choose banks and loans during school.
In addition to measuring immediate financial decisions (listed below), Experience also surveyed students about their overall financial concerns. Twenty-six percent (26%) of respondents reported being worried about long-term savings and 25% are concerned with repaying student loans after graduation. Still, one-fifth (21%) of the student population said paying for school while attending college is their biggest concern, and 13% worry about paying standing monthly expenditures.
High-level findings of the 2006 "College Life - Finances & Banking" survey include:
Credit Cards
While 72% of college students have at least one credit card, 58% report they are managing their debt wisely and 13% receive parental help for paying balances.
Amount of plastic
38% of college students say they have only one credit card
34% have two or more cards
23% do not have any credit cards
5% use a parent's card
How much is paid each month?
58% of college students pay their credit card balance in full each month
24% pay some of the balance each month
13% have their parents pay the balance each month
5% only pay the minimum balance each month
Parents aren't paying for school-related credit card purchases
62% of college students say their parents do not pay for school-related credit card purchases
38% say their parents do pay
Attraction to credit cards
23% of college students select a credit card based on interest rates
22% look first at fees associated with the use of the card
15% focus on the terms of the credit card
11% select a credit card based on bank or creditor'?s reputation
8% are interested first in the free gift or incentive for applying
Motivation to use credit cards
28% of college students are motivated to use their credit cards by the reward programs, including free airfare, free hotel accommodations, etc.
24% are motivated by low interest rates
22% use their cards for the cash back bonuses
8% are motivated by special store discounts
What types of purchases are made with credit cards?
41% of college students use their credit cards to purchase basic necessities including toiletries, groceries, etc.
21% charge restaurant meals and entertainment
13% put clothing purchases on their credit cards
11% use their cards for school supplies
For purchases $50 or less: cash or credit?
52% of college students use a debit card for purchases of $50 or less
26% use a credit card for purchases of $50 or less
17% pay cash for purchases $50 or less
2% pay by check
Banking
When selecting a bank, college students consider the availability of ATMs and a bank?s fees before signing up.
Attraction to banks
18% of college students said they select banks based on the availability of ATM machines
18% look first at a bank?s fees
14% are focused on interest rates
14% look first at the banks reputation
12% choose banks based on where their parents bank
8% are focused on terms
5% are attracted by a free gift
5% select banks based on their recognition of the institution?s brand
Loans
Out of 58% of college students who own a car, only 22% used a bank or credit union loan to finance the vehicle.
Cars and loans
34% of college students who own a car had their parents or family members pay the loan
22% of college students who own a car were given the car by their parents or family members
22% purchased the car through a bank or credit union loan
School payment method
26% of college students pay for school through student loans
24% received a scholarship
24% work to pay for school
15% of students have loans through their parents
Experience offers career networking and guidance to college students and recent graduates, giving them the resources they need to pursue a career they love. In addition, Experience.com provides tips and advice for college students who want to learn how to manage their finances. More information can be found at http://managingyourmoney.experience.com .
Survey Methodology
Experience's 2006 ?College Life ? Finances & Banking? survey was completed on October 31, 2006. College students who opted-in to receive communication from Experience were invited to participate in the online poll; 4,800+ completed the survey. The sample error of this survey is +/- 2%.
About Experience
Founded in 1996, Experience is the leading provider of career services that support students and alumni of the nation's top universities. Experience's web-based platform spans more than 3,800 universities, 3 million registered candidates, 100,000 employers, and 800,000 job and internship opportunities. For more information, visit www.experience.com.
Experience is a trademark of Experience, Inc. Other company and product names may be trademarks of their respective owners.
Strategic E-HR Conference
Using Technology for Comprehensive Talent & Performance Management
February 28 – March 1, 2007
Coronado Island Marriott
San Diego, CA
$2,195
Agenda