A UK STUDY has revealed that just 10 per cent of HR and recruitment managers use social networking sites and only a small minority used blogs, videos or other technology for recruitment. The study of 582 managers found that private sector organisations were significantly more likely to use social networking sites than public sector organisations. Of the one in 10 organisations that used social networking sites for recruitment, they were most likely to use:
Fewer than half of the organisations that used social networking sites contacted potential employees directly via these sites, while a third had a company page on a social networking site.
Source: CranfieldSchool of Management
Handy workers hard to find
MACHINISTS, skilled trade workers and engineers are among the US’s most challenging positions to fill. According to a recent survey, engineers found themselves in the number one position this year, after dropping off the list completely in 2007. Employers are also finding it difficult to fill openings for skilled tradespeople, IT staff and production operators, all of which are new to the 2008 list.
Source: Manpower Inc.
Attracting and retaining top talent is key to success in economic downturn
HUMAN CAPITAL has been cited by 83 per cent of employers as the key to maintaining an edge over competitors. A poll of nearly 200 senior executives of UK firms revealed that two-thirds of respondents said the current skills shortage was damaging the success and effectiveness of their business and only 3 per cent said the skills shortage hadn’t had a negative impact on their business.
Obesity costing companies billions
A THIRD OF American adults are obese, costing US private employers an estimated US$45 billion ($48 billion) annually in medical expenditures and work loss. A recent report revealed that 34 per cent of US adults were obese and that obesity was associated with a 36 per cent increase in spending on healthcare services – more than smoking or problem drinking. More than 40 per cent of US companies have implemented obesity-reduction programs, and 24 per cent more said they plan to do so in 2008.
Source: The Conference Board
Australian workers demand pay for overtime
TWENTY-FIVE PER CENT of Australian workers are tired of not beng paid for working extra hours and would prefer to work on a contract basis, demanding they are paid for the work they do. A survey of 1300 employees found that full-time work is becoming a less attractive option for Australian employees with 22 per cent of respondents saying that they needed flexibility in their working life because of family commitments and 15 per cent viewing contracting as a more family-friendly option.
Executives concerned about CEO pay
EXECUTIVES WORLDWIDE are bothered by their CEO’s compensation. A US-based study found that 34 per cent of executives expressed concern about CEO remuneration, up 13 per cent from 2007. Additionally, 80 per cent of execs indicated that shareholders should have at least ‘some say on pay’for their company’s executives. Furthermore, more than half (55 per cent) of respondents indicated that their CEO’s compensation did not reflect or was only ‘somewhat’ reflective of the organisation’s results.
Four in ten staff may quit over lack of motivation
FORTY-THREE PER CENT of UK employees are considering leaving their job in the next twelve months, largely as a result of being unmotivated in their current role. Nearly half of respondents in a recent survey (44 per cent) said their employer has failed to continue supporting their career development beyond their initial induction period, while three in 10 said they felt unsupported by their managers.
Source: Investors in People
US graduates concerned about job prospects
MORE THAN two-thirds of students graduating from college in the United States this year say that concerns about an uncertain economy will affect their job prospects. A study of more than 400 graduating students found that 73 per cent said that they have not yet found a post-graduation job. The study also found that fears of a weakening economy have led some students to be willing to adjust their job search criteria in a number of areas.
Employers pay more for IT factor
FIFTY-SIX PER CENT of Australian employers paid more than they had budgeted for in IT salaries during the year. A survey of 200 of Australia's major employers of IT staff found that IT salaries rose by 4 per cent on average during 2007 and were expected to rise by an average 5 per cent this year. At the same time, the number of hours worked by IT staff increased, with nearly half the profession (44 per cent) now working longer than a 40-hour week, up 6 per cent on the previous year.
Source: Clicks IT
Short-term contract = long-term impact
SIXTY-FIVE PER CENT of Australian finance and accounting professionals view project consulting as a desirable career option. According to a recent survey some of the reasons for this were:
Diverse industries 39%
Better pay 26%
Increased flexibility 22%
The survey showed that employers are also reaping the benefits of contracting accomplished professionals with strong industry expertise to top up internal resources.
Source: Robert Half Management