January 23, 2012

Employee Compensation in 2012: Pent-up Demand By Robert Teal, CCP, CBP

Employee Compensation in 2012: Pent-up Demand

Robert Teal, CCP, CBP

Robert Teal

By Robert Teal, CCP, CBP

 

During the recent recession, numerous organizations froze wages, reduced benefits and hours, and eliminated staff in an effort to remain competitive. By all official counts, the recession reportedly ended over two years ago, yet corporate compensation budgets are still very much stalled in a slump. With unemployment above 8%, many employers feel little or no pressure to increase wages or benefits. However those employees who have foregone raises or even suffered reductions are becoming restless. Yes, they were grateful to have jobs, while at the same they are beginning to question what their loyalty really bought them. Even in the best of times, a rubber band will only stretch so far before it snaps. So what options are available to an organization which needs to retain its talent in the face of little or no desire to increase costs? (more…)

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December 6, 2011

‘Tis the Season … for quitting your job!? By Jonyt Meyer

‘Tis the Season … for quitting your job!?Jonyt Meyer

By Jonyt Meyer, guest contributor

 

If you aren’t happy in your job, or your organization suffers from retention issues, this may be worth reading.

For the first time in years I find myself foregoing a tradition that has for me been a very valuable career drill. Each year as the Holiday season approached, I would sit down and create a Pros/Cons list, the list covering considerations for remaining with or moving on from my current company.  Instead of using this to drive a year end career decision, it was meant to remind me of the positives while creating a “to-do” list for the year to come. My intent being that if I was ever incapable of significantly improving the cons list based on my to-do activities, that would be my indicator that it was time to move on to new opportunities.  (more…)

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June 20, 2011

How To Evaluate a Job Offer

How To Evaluate a Job Offer

Congratulations! You’ve received a job offer. Now what?

 

First of all, ask yourself if you want this job. Hopefully you spent the time up front to evaluate the company and the position prior to pursuing it.  Sometimes things happen faster than you expect and you haven’t fully explored the opportunity. There are a lot of important aspects to research and consider when you are evaluating an employment opportunity. The more you know before the offer, the better position you’ll be in.

A company’s values, vision and corporate culture are going to fundamentally affect you on a daily basis. Does the company you are evaluating motivate and speak to you? Do you feel like it will be a fit with your personality and work style? Just as dating someone with a fundamentally different belief system would be a great challenge, so will working for a company where you do not buy into the mission and vision. (more…)

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March 2, 2011

Determining Market Worth, By Beth Cliff, Executive Recruiter, Redfish Technology

Determining Market Worth

Beth Cliff

Beth Cliff

By Beth Cliff,  Executive Recruiter, High Tech Engineering Talent Manager

Knowing what you are worth in the marketplace, or determining how to compensate a prospective employee can be a daunting proposition. Candidates want to obtain the optimum salary, while employers want to fairly compensate their new hires within their allotted budgets. The magic number that will leave both sides feeling good about their decision is in large part determined by the ever changing marketplace.

Over the past couple of years, I have seen some interesting trends in the marketplace. It’s no secret that finding your dream job, and corresponding compensation, the past few years hasn’t been easy. Many talented professionals found themselves unexpectedly looking for new roles. (more…)

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November 15, 2010

When is the Best Time to Look for a New Job?

Beth Cliff

Beth Cliff

When is the Best Time to Look for a New Job?

By Beth Cliff, Executive Recruiter, High Tech Engineering Talent Manager

The old adage follows that the best time to look for a job is when you already have one.  While this may still hold true, the reality of today’s economic climate dictates that many excellent candidates are finding themselves unemployed and in the midst of a job search.  There are pros and cons to both classifications of candidates – those who are employed and those who are not, when it comes to identifying your next career opportunity.  What I have found over the years as a Recruiter is that no matter what your motivation for seeking a new opportunity, preparation and attitude are key. (more…)

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October 26, 2010

Make Your Offer Bullet-Proof; Close the Candidate from the Get-Go

Make Your Offer Bullet-Proof; Close the Candidate from the Get-Go

The cost of hiring is significant. It starts with the effort undertaken by the hiring manager, HR and participating staff. Much time is invested from studying the department’s need and formulating the requirements, to advertising, recruiting and interviewing. Once you find the right candidate, you are almost there. But it’s not over yet.

Despite the high unemployment rate, it is not a slam dunk. Many good candidates are receiving multiple offers, and many applicants are still employed and need to be certain that your company is the right move for them at this time. You need to sell the company and the opportunity. You need to close the candidate. (more…)

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August 25, 2010

CEO Pay Has ‘Catch’ as Executive Performance Targets Prevail, Hewitt Says – By Alexis Leondis

CEO Pay Has ‘Catch’ as Executive Performance Targets Prevail, Hewitt Says

- By Alexis Leondis

Chief executive officers in the U.S. are getting bigger long-term incentive awards and more firms are tying those payouts to performance goals, a survey shows.

More companies are linking future stock and cash bonuses to specific targets, according to a study of 157 companies in the Fortune 250 released today by Hewitt Associates Inc., a Lincolnshire, Illinois-based human resources consultant. Thirty- five percent of companies in the Fortune 250 had performance plans in place in 2009 compared with 18 percent in 2003. (more…)

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August 23, 2010

Employee Engagement and the New Deal

Employee Engagement and the New Deal

Whether or not this is indeed a watershed moment as the 2010 Global Workforce Study (GWS) by Towers Watson posits, clearly Employee Engagement is of paramount importance to the success of your business.

Top companies recognize that employee engagement is a key force behind success. Employee engagement impacts every aspect of how satisfied the customers are, how smoothly suppliers are involved into the production of the company’s good or service, how efficiently tactical plans are carried out, how consciously quality and improvement are integrated into the company’s practices, and bottom-line: how profitably a company performs. Think of employee engagement as the equivalent of customer loyalty. (more…)

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June 30, 2010

Recruiting on a Diet

Recruiting on a Diet

Rob Reeves

Rob Reeves

About once a year I’m good for a cleanse. You know those things you’ve done or heard of friends doing that have you drinking water with some crazy concoction in it and basically not eating from anywhere between 7 and 9 days? This supposedly allows you to rid your body of toxins and clean yourself out. It’s usually my wife’s idea and I go along grudgingly. I’ve no idea whether it works or not, but I do know that while doing it, I’m hungry and irritable and spend most of my time trying to be civil to the people around me.

(more…)

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