June 4, 2010

HR Fact Friday: Pay Incentives to Limit Post-Recession Flight

Filed under: General HR Buzz,Salaries & Pay — Tags: , , , , , , — Paul @ 9:37 am

Many U.S. employers are planning to use compensation incentives to limit “post-recessionary employee flight,” according to a survey of HR decision-makers by Workscape, a provider of employee performance, compensation and benefits administration services, conducted at the end of March 2010. According to the survey report, Managing Employees and Total Rewards during the Economic Upswing, 65 percent of respondents are considering or strongly considering pay increases to drive retention as the economy recovers, while only 46 percent will consider benefits increases.

Looking back, only 10 percent of organizations cut employees’ pay as the recession entered its third year in 2009, but 39 percent froze compensation, respondents indicated. The vast majority of those that awarded increases held them to 3 percent or less, and only 2 percent of respondent organizations increased average compensation by 5 percent or more.

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September 8, 2009

Women Gain as Men Lose Jobs

Filed under: Hiring & Jobs — Tags: , , , , , , — Paul @ 7:51 am

Source: USA TODAY, 9/4/2009, Dennis Cauchon

Women are on the verge of outnumbering men in the workforce for the first time, a historic reversal caused by long-term changes in women’s roles and massive job losses for men during this recession.

Women held 49.83% of the nation’s 132 million jobs in June and they’re gaining the vast majority of jobs in the few sectors of the economy that are growing, according to the most recent numbers available from the Bureau of Labor Statistics.

That’s a record high for a measure that’s been growing steadily for decades and accelerating during the recession. At the current pace, women will become a majority of workers in October or November. The data for July will be released Friday.

The change reflects the growing importance of women as wage earners, but it doesn’t show full equality. On average, women work fewer hours than men, hold more part-time jobs and earn 77% of what men make. Men also still dominate higher-paying executive ranks.

Women have been a growing share of the once heavily male labor force for nearly a century, recording big bumps during epochal events such as the Depression and World War II.

This time, the boost came from a severe recession that has been brutal on male-dominated professions such as construction and manufacturing.

Through June, men have lost 74% of the 6.4 million jobs erased since the recession began in December 2007. Men have lost more than 3 million jobs in construction and manufacturing alone.

The only parts of the economy still growing — health care, education and government — have traditionally hired mostly women. That dominance has increased in part because federal stimulus funding directed money to education, health care and state and local governments.

The Postal Service is cutting tens of thousands of unionized, blue-collar jobs dominated by men while new hires are expanding in teaching and other fields dominated by college-educated women.

The gender transformation is especially remarkable in local government’s 14.6 million-person workforce. Cities, schools, water authorities and other local jurisdictions have cut 86,000 men from payrolls during the recession — while adding 167,000 women, according to the Bureau of Labor Statistics.

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August 14, 2009

HR Fact Friday: Americans Working Much Harder – For Less Pay

Source: Reposted from an online article by John W. Schoen, Senior Producer, msnbc.com, 8/11/09

Feel like you’re working a lot harder these days, putting in longer hours for the same pay — or even less? The latest round of government data on worker productivity indicates that you probably are.

The Labor Department said Tuesday that the American work force produced, at an annual rate, 6.4 percent more of the goods they made and services they provided in the second quarter of this year compared to a year ago. At the same time, “unit labor costs” — the amount employers paid for all that extra work — fell by 5.8 percent. The jump in productivity was higher than expected; the cut in labor costs more than double expectations. 

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March 20, 2009

HR Fact Friday: Bright Spots Exist in Job Market

Filed under: Hiring & Jobs — Tags: , , , , , , — Paul @ 5:00 am

Glad to see some positive news in the March 2009 issue of HR Magazine in regard to employment prospects.  An article by Bill Leonard in the HR News section caught my attention because it actually found a bright spot in an otherwise dismal quarter of staggering  job losses. Mr. Leonard writes . . .

According to the U.S. Bureau of Labor Statistics, employment in the health care industry increased by 32,000 in December 2008, making it the only major private industry sector to add a significant number of jobs at year-end. The health care industry added mor than 370,000 jobs in 2008, surpassing all other private-industry categories.

Although demand for health care workers is strong in nearly every position, including managerial and administrative jobs, nursing outstrips all other occupations and is listed as the top “in-demand occupation” by the federal Career Voyages web site, a project of the U.S. departments of Labor and Education (see Top Ten list below).

The strength of the health job market isn’t enough to offset the massive job losses in sectors such as finance, manufacturing and retail. However, demand for skilled workers in information technology and green and renewable energy industries could help stabilize the job merket as the need for qualified workers in those sectors should remain strong, recruiting and industry analysts predict.

A survey by ExecuNet, an online career service for executives found in December 2008 that 40% of the respondents reported that they saw signs of rising demand for managerial talent — a strong increase compared to 26% reported just a month earlier.

Education should be another strong sector, analysts agree. Qualified elementary and secondary school teachers will remain in high demand.

When it comes to green technnology the hottest job prospects will be in areas such as forestry, wind turbine manufacturing, solar-energy research and development, and environmental engineering. However growth in this industry will depend heavily on policies of the Obama administration, proposed tax incentives, and potential government funding.

Top 10 ‘In-Demand’ Occupations

1. Registered Nurses
2. General and Operations Managers
3. Physicians and Surgeons
4. Elementary School Teachers
5. Accountants and Auditors
6. Computer Software Engineers
7. Sales Representatives and Managers
8. Computer System Analysts
9. Management Analysts
10. Secondary School Teachers

Source: Career Voyages, www.careervoyages.gov

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February 25, 2009

President Obama Revises Labor Executive Orders

Filed under: Employment Law — Tags: , , , , , , — Paul @ 10:39 am

A recent national SHRM article describes how President Obama has revised some federal labor orders. Here are excerpts from the article:  Two of the orders signed by Obama directly contravene directives signed by [former President George] Bush.

One of Obama’s new directives revokes Executive Order 13201, which required federal contractors to post a notice of nonunion employee rights concerning payment of union dues—also known as the Beck Poster. According to Obama’s order, federal contractors will no longer use the Beck Poster and will be required to post another notice that the U.S. Department of Labor (DOL) will develop.

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