Recruiting News for the Human Resource Professional

From the BLS
Annual Bulletin on Benefit Plan Details
National Compensation Survey: Health and Retirement Plan Provisions in Private Industry in the United States, 2009

The National Compensation Survey (NCS) provides comprehensive measures of occupational earnings, compensation cost trends, the incidence of benefits, and detailed benefit provisions. This bulletin presents estimates of the detailed provisions of employer-provided health and retirement plans in private industry in 2009.

In The News
Beyond.com, Inc., a network of niche career communities, has been selected by The Network, an online recruitment solution, to be their exclusive provider of recruitment services in the U.S. market for their multinational clients, replacing Yahoo! HotJobs. (read more)

The WorkComp Advisory Group, an organization dedicated to helping independent insurance agencies grow and solidify their businesses, is holding its annual meeting, "Creating an Untouchable Agency" on Sept. 15 through Sept. 17 in Chicago. The program kicks off with a reception from 6:30 to 8:30 p.m. on the 15th at the Blackstone Hotel Art Gallery, 636 South Michigan Avenue, Chicago, Ill.

President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections. (read more)

How to Prepare for an Earthquake

Report States
In the report "Drive Employee Talent Development Through Business Mentoring Programs" (August 2010), independent research firm Forrester Research, Inc. highlights the use of technology to manage mentoring programs in today's organizations and includes Triple Creek as one of five vendors reviewed. (read more)

After Three Consecutive Increases, Layoffs Plunge
PLANNED JOB CUTS DROP TO 10-YEAR LOW OF 34,768
While the pace of job creation continues to disappoint, job security appears to be stronger than ever. The latest report on downsizing activity reveals that planned job cuts announced by employers in August fell to 34,768, the lowest monthly total in over a decade. (read more)

Survey Says . . .
With unemployment stubbornly hovering at 9.5 percent despite seven consecutive months of private payroll growth, companies and executive search firms recruiting top talent are increasingly relying on their own network and database to avoid the high volume of unqualified responses generated by public job postings.

According to a survey of 697 search firm consultants and human resource leaders, just 22 percent of all positions with an annual compensation of $200,000 or more are posted on job boards or websites – down from 30 percent in 2008 and 24 percent in 2009. A separate survey of 168 executive recruiters reveals that 92 percent believe there is a hidden market for executive level job opportunities. (read more)

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