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New Special Editions: Talent
Management Special Edition (PDF)
Demographic Surprises Report (PDF), Trends In The Changing Workplace (PDF),  Risks & Benefits of Recruiting Blogs (PDF), Baby Boomer Special Edition
The Bugler (May 26, 2006) Below you will find today's interbiznet Bugler. If you are not currently receiving it in email or reading it online - take a look. You can find it online each day at: http://www.interbiznet.com/interbizbugler/dailyindex.html Have a safe and wonderful Holiday Weekend!
New Special Editions:
Talent Management Special Edition (PDF) Demographic Surprises Report (PDF) Trends In The Changing Workplace (PDF) Risks & Benefits of Recruiting Blogs (PDF)
Reveille and Hyperbole Sage Software announced today the availability of Sage Abra HRMS version 8.1, featuring support for mid-sized U.S. and Canadian businesses and organizations, and integration with the new Sage Abra eRecruiter, also released today. Supporting the Microsoft® SQL Server and MSDE databases, Sage Abra HRMS (human resource management system) version 8.1 brings more flexibility, ease-of-use, and reporting options to the award-winning Sage Abra HRMS system. Chandler Macleod, one of the largest human capital management consulting firms in Australia, has signed on to use a talent acquisition solution from Peopleclick.
Turnover among Fortune 500 Chief Financial Officers (CFOs) has increased by 16 percent compared to 2004 figures, according to a study by global executive search and assessment firm Russell Reynolds Associates. Treasurer churn increased by a rate of
10 percent and Controller turnover remained at a consistently high rate of 22 percent. Contrary to reports that the pressures of the job have subsided from years prior, the second annual Financial Officer Turnover Study reveals that financial officer churn has risen, almost across the board.
Deck Chairs:
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You Should Know:
Monster, HotJobs, 37signals?
SEO for Recruitment ATS Platform Posturing Find Out Your Cost Of Turnover - Cornell Researchers Demonstrate Use of Turnover Calculator More Companies Confirming Resume Data What Business Software Can Learn From Web 2.0
UK:
US: Prudential Relocation Named Human Resources Outsourcing Relocation Provider of the Year; Prudential Relocation Recognized for Global Leadership Deep Release: Employers expect to hire nearly 14% more college graduates this year than in 2005. In fact, nearly 88 percent of the employers surveyed say they are seeing increased competition for new college grads, according to the National Association of Colleges & Employers. Adecco Staffing attributes this to the fact
that we are increasingly becoming a knowledge-worker labor market, therefore college graduates are sought-after even though their boomer bosses will be staying active in the workforce longer than the traditional retirement age of 65. "The four generations making up today's workforce come together with different expectations, assumptions, priorities and approaches to work and communication," said Bernadette Kenny, SVP Human Resources, Adecco Staffing North America. "Because each generation has its own attitude and style, effective
communication is critical. The better employees across generations understand each other, the more productive they will be at work." Today's graduates have a much different perspective on work, life and culture than older employees. The shift away from traditional career paths and work values will accelerate in the coming years as the age differences in the workforce become more pronounced and as baby boomers delay retirement. It is
important for organizations to recognize the needs and values of each generation in order to recruit and retain top talent. Kenny offers the following five tips for this year's Gen Y grads to successfully navigate the multigenerational workplace: -- See the big picture. For this year's grads, the first step in entering the workforce is to acknowledge that there are four generations working together in the same environment. Your manager might be someone close to your age or might be someone much older. The key is understanding that each generation
works differently and has their own unique approaches to managing staff. -- Gen X and boomers expect ambition and drive. Nothing will impress your boss more than being a self-starter. The baby boomers are a generation of independent, over-achieving multi-taskers. They worked hard and want to see that drive in the next generation of workers. Don't be afraid to come up with new
ideas and take on more responsibilities if you're not feeling challenged or if you are trying to get ahead. It will be noticed and appreciated. -- Customize how you manage up. While this is quite possibly one of the most challenging aspects of being a young, new employee, it is imperative to master this from the onset - especially if you report to multiple managers from different generational groups. Understand their needs and expectations and
know how to work with and respond to them differently. A Gen-X manager may have a much different style than a baby boomer. -- Get to know your coworkers. Spend five minutes around the water cooler, walk around the office, participate in group projects or office social events - anything that allows you to form bonds with your coworkers and develop a personal understanding of the diverse backgrounds, age groups and beliefs that
exist in your workplace. -- Be open-minded. New workers will be exposed to many ideas, strategies and processes in their first years on the job. Be open-minded when you get a recommendation from superiors and welcome all advice. Kenny offers the following five tips for attracting this year's graduates: -- Gen Y is technologically savvy. As technology continues to evolve, offering telecommuting to employees makes an organization more attractive to Generation Y. This tactic often increases morale and productivity and allows employees to find situations in which they work best. -- Gen Y wants balance too. Gen Y comes to the table wanting a work-life balance. Enabling this generation to have flexible schedules is also key in retaining them in your organization, as parents, family, and faith are central to this generation. -- Give them some independence. Gen Y works with a high degree of independence and constantly seeks new challenges. They like to work on their own terms and figure things out for themselves so it is important to consider giving them some freedom to work in this manner. -- Keep your workplace "fun." While Gen Y is a generation of self-starters and hard workers, they still want to have fun at work. They want work to be a place they want to go every day, not a chore. Try to maintain a positive environment that encourages learning and hard work, but also allows employees to
have a sense of fun. -- Gen Y wants to be treated as a partner. Gen Y is not afraid to challenge the status quo. Managers who "partner" with their Gen Y workers with a "we're all in this together attitude" will find that their younger employees are pragmatic, hardworking and have a strong sense of self and individualism. A recent white paper titled, "Managing Today's Multigenerational Workforce" published by Adecco Staffing, outlines how members of each generation brings a distinct set of values, attitudes and behaviors to the workplace. The findings and recommendations in this white paper are based upon careful
observations by experts who have studied generational differences and likenesses in the workplace, as well as Adecco's experience in helping people build their careers. "Managing Today's Multigenerational Workforce" is available upon request by e-mailing chelsea.palmer@ogilvypr.com. ABOUT ADECCO: Adecco S.A. is a Fortune Global 500 company and the global leader in HR services. The Adecco Group network connects over 700,000 associates with business clients each day through its network of over 33,000 employees and 6,600 offices in over 70 countries and territories around the world. Registered in
Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to corporate clients and qualified associates. Adecco S.A. is registered in Switzerland (ISIN: CH001213860) and listed on the Swiss Stock Exchange with trading on virt-x (SWX/VIRT-X: ADEN), the New York Stock Exchange (NYSE: ADO) and Euronext Paris - Premier Marche (EURONEXT: ADE). Additional information is available at the company's website at www.adeccousa.com.
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