Productivity and Costs: First Quarter 2008, Revised. Productivity increased 2.6 percent in the nonfarm business sector during the first quarter of 2008 while unit labor costs rose 2.2 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 3.6 percent in the first quarter of 2008, and unit labor costs rose 4.2 percent.
Hodes iQ, the Bernard Hodes Group award-winning talent acquisition and management product, releases Hodes iQ 5.0, a major upgrade for the talent management software suite. Hodes iQ 5.0 showcases new tools and features that deliver Hodes iQ's vision of integrated talent management solutions even closer to their clients, including new candidate relationship management options.
Aquire, provider of visual workforce management solutions, released the sixth volume of its Doing It Right best practices data sheet series, which is designed to help guide companies through an array of workforce modeling and management issues. The latest volume, Doing it Right: Getting Back to HR Basics addresses the importance of focusing on the fundamentals of human resources, from employee morale to technology.
CPEhr, a California human resources outsourcing firm, announced its has been selected by the California Chamber of Commerce (CalChamber) to join their exclusive
HRConsultant Network, a partnership to provide CalChamber clients with high-quality, hands-on, strategic HR services.
Halogen Software Inc., a provider of web-based employee performance and talent management software, announced that it has been selected by The Motley Fool to provide an employee performance and talent management system for the investment services company's employees, managers and human resources professionals.
Survey Says
Fourteen percent of chief information officers (CIOs) expect to add information technology (IT) personnel in the third quarter of 2008 and 4 percent plan staff reductions, according to the latest Robert Half Technology IT Hiring Index and Skills Report. The net 10-percent increase in hiring activity compares with a net 12-percent increase forecast last quarter. The majority of respondents (82 percent) anticipate no change in staffing levels in the summer months.
Executives interviewed for the recently released Robert Half International Financial Hiring Index said that, for the most part, staff levels in their accounting and finance departments will remain unchanged in the third quarter. Eighty-four percent of chief financial officers (CFOs) interviewed said they would neither increase nor decrease the size of their teams. Those who do anticipate making changes in the coming quarter were evenly split, with 6 percent saying they would add personnel and 6 percent expecting staff reductions. Accounting positions are the most challenging to hire for, according to 32 percent of CFOs, while audit and finance roles were each cited by 18 percent of respondents as the hardest to fill.
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