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Difficulties in Finding Qualified Workers
In a recession, it should be easier to find qualified workers; after all, there are more potential employees to choose from. But that's not what's happening in many cases. Instead, there is a lack of supply to fill company demands for specialized skills. Why are employers so resistant to creating training-and-development programs that could solve their problems?
Who's Breaking Wage-and-Hour Laws?
A new study finds low-wage workers are suffering rampant violations of the Fair Labor Standards Act -- and it's hurting both workers and employers. The violations do not seem to be oversights in the service industry where demands are more variable. The most violations were actually in manufacturing, where the old stereotype of sweatshops lives on.
Ill-Prepared Workers? | Human Resource Executive Online
In the past, most entry-level workers learned their skills on the job, but such training programs went away long ago. These days, most employers expect schools to prepare students for the workforce -- and then they are disappointed with the abilities of their new hires. There is probably no easy resolution to the disconnect.
More Commitment Takes Another Hit
Commitment Takes Another Hit | Human Resource Executive Online
Has the recession killed off any thoughts of employer loyalty? A recent study finds that two-thirds of employers are using the downturn to replace low-performing employees -- actions that apparently wouldn't have been taken in happier economic times. What's the long-term effect of such an approach?
More Benefiting from Relationships
Benefiting from Relationships | Human Resource Executive Online
Most companies have gravitated toward the positive view of social networking -- recognizing that they can benefit from the relationships their employees have outside the organization. And, ironically, an effective model for such networking may be an ancient business form.
More Buying Options on Lawyers
Buying Options on Lawyers | Human Resource Executive Online
Several law firms are paying newly hired associates to not show up for work just yet. They are betting they can mitigate the potential risk of not finding equally qualified job candidates later. Is it an approach that makes sense?
More Taking Companies Private
Taking Companies Private | Human Resource Executive Online
Are private-equity firms the solution to better governance? That's been the prevailing conventional wisdom. But now, for the first time, a study comparing publicly held companies to those held by private-equity companies sheds doubt on that assumption.
More Talking Trash
Talking Trash | Human Resource Executive Online
Using HR practices to enhance an organization's bottom line doesn't necessarily require innovation. Waste Management's revamped HR recruiting policies were straightforward and simple, but they paid dividends in employee engagement and in ROI.
More EFCA's Significance for HR
EFCA's Significance for HR | Human Resource Executive Online
With the long, slow decline of unions over the past quarter-century, many HR leaders have little firsthand experience with the labor movement. The possible enactment of the Employee Free Choice Act could change that. But the end result for HR may not be what many in the profession think.
More HR Leaders and Economic Policy
HR Leaders and Macro-Economic Policy | Human Resource Executive Online
Stimulus packages and money supply issues may seem off the beaten path for HR leaders, but there are important implications for workforce planning. Will business continue to deteriorate and will more layoffs become necessary? When will the rebound and hiring start?
More Alternatives to Layoffs
Alternatives to Layoffs | Human Resource Executive Online
Cutting wages or hours across the board in an attempt to save jobs would save more money and be less agonizing than layoffs. But too few companies even consider such alternatives, possibly more due to psychological reasons than fiscal ones.
More Healthcare Costs and Obesity
Healthcare Costs and Obesity | Human Resource Executive Online
It's conventional wisdom that employers can save money through instituting wellness initiatives that persuade employees to stop smoking or lose weight. But what if that conventional wisdom is wrong?
More Fighting Cutbacks with Real Options
Fighting Cutbacks with Real Options | Human Resource Executive Online
As the downturn continues, employers will be looking for ways to cut costs. Using the theory of financial options, HR executives can better defend against cuts in their departments -- one of the first places CFOs look.
More More Lessons from the Financial Crisis
More Lessons from the Financial Crisis | Human Resource Executive Online
"Pushing the envelope" to meet performance and organizational goals has contributed to the meltdown of the economy. Paying for performance without assessing the quality of the performance can be a recipe for disaster.
More HR Lessons from Investment Banking
HR Lessons from Investment Banking | Human Resource Executive Online
Extraordinarily callous and inept management, combined with huge rewards for success and incentives for hiding failure, are some of the typical attitudes exhibited by financial institutions, many of which have been collapsing. HR leaders should understand the dynamics of such meltdowns in order to avoid such a fate in their own organizations.
More The Impact of a High School Diploma
A new survey points out a surprising trend in high-school graduation rates -- the rise of the GED. The impact may bode ill for corporate America and young workers, as classroom-based behavioral and social skills may be found lacking.
The World's Hottest Labor Market
A skills shortage in Moscow is causing spiraling wage increases, as employers find it difficult to find qualified job candidates. Disinterest in employee development and skepticism about the country's educational integrity are two reasons why the pool of candidates is so small.
The Value of Being a Best Employer
Organizations with superior HR policies earned double the stock market average rate of return, according to a recent study. The question left unanswered is whether such HR policies caused the stock performance or whether the performance permitted those companies to enact such policies.