Strategic Migration - a Short-Term Solution to the Skilled Trades Shortage
Article:Unlike other positions facing a talent shortage, skilled trades work is geographically fixed and cannot be relocated or offshored, leaving employers with a critical talent issue that will only get worse as more experienced workers retire without adequate replacements.
The 5 Hardest Jobs to Fill in 2012
Article:While you're planning your expansion, you're going to find that talent is in short supply, especially in these five areas.
Talent "In the Cloud"
Article:Ravin Jesuthasan sees the management of human capital risk as a natural fit for the HR profession.
"HR first became a profession when it was about ensuring compliance," says Jesuthasan, global head of talent management at Towers Watson in Chicago and co-author of Transformative HR, a new book he co-wrote with University of Southern California Marshall School of Business management professor John Boudreau.
Contingent Workforce: A Critical Talent Segment
Article:The use of contingent workers has increased dramatically over the past decade as businesses have struggled with rising labor costs and the need for a workforce that can quickly adapt to market conditions. Contingent workers are people who provide services to an organization but are not paid on the company payroll. Think contractors, consultants, temps, outsourcers.
Even in today’s tight job market, there is a shortage of workers with critical skill sets. This has resulted in a steady, year-over-year growth in the size and cost of a larger contingent workforce. As the baby boomer generation (about one-third of the U.S. workforce) is starting to retire, companies are bridging the critical skills gap with a more contingent workforce.1 It is also reported that the use of a contingent workforce has increased for both its strategic and operational impact on the organizations.2 Some large companies estimate that up to 30 percent of their procurement spend is focused on contingent workers.3
This Time, the Growth in Temps May Be Here to Stay
Article:“Unemployment is expected to remain above 8 percent for the next four years.” That gloomy assessment of the U.S. economy from FedEx Chief Economist Gene Huang is echoed in any number of reports and economic predictions.
“Most predictions,” says an economic analysis by the Society for Human Resource Management, “are less optimistic now than they were when 2011 began.”
Big Firms Try Crowdsourcing
Article:When AOL Inc. set out to determine whether it was getting the best use of its video library last year, the task required an inventory to measure which of the thousands of Web pages it publishes daily contained videos.
Daniel Maloney, the AOL executive in charge of the project, considered building video-detecting software, but determined that it would take too long to meet the project's deadline. He also thought about hiring temps to accomplish the task, but realized that, too, would drag on.
So he turned to another option that is gaining traction among large firms: crowdsourcing.
photo courtesy of Sreejith K
Adecco Expects Temps Are Here to Stay as Hiring Revives
Article:Tig Gilliam says there are plenty of opportunities right now for a professional staffing company, despite the tough job market.
Mr. Gilliam, the head of Adecco SA's North America Group, anticipates more temporary hiring in professional sectors from employers that are unwilling to take the chance on permanent employees, and believes U.S. firms have reached maximum productivity levels. Even a minor uptick in demand, he says, will lead to a hiring spurt.
Interns Are Latest Target In Battle for Tech Talent
Article:Bay Area tech companies, already in a fierce fight for full-time hires, are now also battling to woo summer interns. Technology giants like Google Inc. have been expanding their summer-intern programs, while smaller tech companies are ramping up theirs in response—sometimes even luring candidates away from college.
Your Resume on Twitter; On-Boarding Seasonal Employees
Article:
I’m counting down the days until Christmas while checking out some interesting blog fodder across the Web.
With the holidays just around the corner, I find it appropriate to get into some of the techniques and challenges of on-boarding perhaps the most important members of the workforce this time of year: the temporary kind.
But before we get into that, there’s something a co-worker passed along that caught my eye.
Twitter, as we all know, is taking the world by storm. It seems as if nothing trendy can be said nowadays unless you can do it in 140 characters or less and use some brand of unusual Twitter jargon — like the “hashtag.”
10 Predictions for 2012: The Top Trends in Talent Management and Recruiting
Article:y definition, being strategic requires that you look forward — identifying trends, opportunities, and threats. With the December lull looming, now is a great time to plan for the future. I’ve listed the “top 10 talent management trends” I foresee that require your attention.
But you should certainly do your own thinking. I recommend that you start by examining this past year…
Should You Outsource?
Article:Sourcing decisions are human resource judgments that too often are made based solely on economic issues. HR leaders need to better analyze -- and decide the best ways to deal with -- the business risks of outsourcing work.
Turning Contractors into Collaborators
Article:The other day a good friend of mine called to express the frustration he was feeling about working with his current IT vendor. My friend is in the pre-launch phase of an e-commerce start up and he was discouraged with the lack of progress the vendor is making. He was tempted to pull the plug on the project and award it to someone else. Entrepreneurs feeling frustrated with subcontractor work is nothing new. I know of another start-up executive who is expressing similar feelings about a manufacturing vendor.
States, IRS to Join Probe of Home-Builder Pay Practices
Article:Seven states and the Internal Revenue Service plan to join the Department of Labor in a broad review of the hiring and pay practices of home builders and other companies the government says routinely misclassify workers as independent contractors, rather than employees.
The State of Independence in America
Article:The first annual MBO Partners Independent Workforce Index study is available for viewing and download. Key findings suggest that independent work in America is not just a present day trend, but a longer term pheonomenon driven by the American independent worker’s desire to achieve greater flexibility, and personal satisfaction
Global Challenges to Contingent Workers
Article:The trend of employers using contingent labor -- freelancers, project workers, etc. -- has been steadily growing during the past 15 to 20 years, as organizations seek ways to reduce costs and find the right mix of full-time or part-time employees and contractors.
Naturally, there were some challenges along the way -- mainly ensuring quality of candidates, creating efficient hiring processes, and legal compliance in the hiring process -- and employers quickly discovered that managing a contingent workforce took serious planning and effort.
Now, many employers are facing a new and growing challenge: doing it all over again on a global level.
Top 10 Ways to Determine If You Have An Independent Contractor Compliance Issue: Understanding and Recognizing Misclassification Risk
Article:Worker misclassification has long been a high stakes issue, but new legislation, recent high-profile cases, pressure from organized labor, and heightened scrutiny from government agencies have increased the risks of misclassifying workers as independent contractors. As state and federal government budget crises have hit critical points, the government drive for revenue has driven scrutiny on independent contractor classification – which was already high – to a new and even higher level.
The Case for DIY Payroll
Article:In order to survive in today’s hypercompetitive and ever-changing business landscape, organizations and leaders must find ways to be nimble and economically savvy.
Freelance Nation
Article:Call them what you like--contractors, temps, outsourced workers, freelancers, day laborers or, as one recent doomsday article suggested, disposable workers. Whatever the term, businesses are calling them more these days.
When, Why and What to Outsource
Article:CLOs have a range of options in developing any training program.
Outsourcing without Compromising Total Involvement and Control
Article:New research suggests that small and medium sized companies can reduce the risks of outsourcing key functions without loss of control.
Does HR Outsourcing Really Work?
Article:It’s easy to make a list of reasons why HR Outsourcing (HRO) should work, starting with the promise of substantial cost savings. But when it comes to actually diving in, a lot of organizations are getting cold feet.
Is Outsourcing Counter-Productive?
Article:According to research led by North Carolina State University, the increase in business practices such as outsourcing, hiring temporary workers and reliance on project-based teams is having a detrimental effect on employees and may pose long-term problems for employers.
Bright Hires, Big Citi
Article:Imagine processing the online employment applications of one million people each year, and then digging through this mountain of data to hire 30,000-to-40,000 non-exempt employees.
Global Study Reveals Pitfalls of Outsourcing
Article:Results of a new global study reveal the concerns, effectiveness and best practices in risk management by organizations that outsource projects.
Mastering Outsourcing
Article:Almost any task can be outsourced and staffing is no exception. In today’s rapidly evolving business climate, corporate managers are continually asking whether cost centers are core to the business and whether third parties can provide additional efficiencies.