John Challenger
John Challenger
Challenger, Gray & Christmas, with headquarters located in Chicago, Illinois, is the oldest executive outplacement firm in the US. It has offices throughout North America...
budgeting companies gives quickly regard relying respond
Relying on outsourcing gives companies more flexibility in regard to budgeting and allows them to respond more quickly to fluctuations in the economy,
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Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong.
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For months, it appeared that the U.S. might remain relatively untouched by the financial crises abroad. However it most certainly seems that the impact is starting to ripple through our economy.
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Human resource executives and low-tech industries are at their wits' ends trying to find skilled personnel.
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We're optimistic about the job picture for the next year.
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Some of those people might be crowded out, particularly around the Southeast and West.
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Some job seekers may do this because they feel that they should be a vice president and earning six figures, but their employers have not acknowledged such capabilities. However, prospective employers ... only care about what position you actually held,
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Higher health care and energy costs for employers and employees are definitely taking a toll. Companies are being forced to enact more cost-containment measures to protect profits,
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Smaller to medium sized companies will be looking to beef up and build tech infrastructure just as big companies did in the last boom.
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Smart companies will create more telecommuters so people can work from home,
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Every town with a closing plant will see its local economy take a hit,
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The labor market is starting to look more and more like the one we experienced in the late 1990s. Companies are undoubtedly reluctant to increase their costs, but it has become necessary to boost salaries and special benefits in order to attract and retain the top talent.
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The labor market is quickly getting to the point where we will see upward pressure on wages, as employers attempt to attract more workers and retain the ones they have.
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The field is continually changing, and some companies feel like they're constantly under siege. It takes a special kind of individual just to walk into that, much less take control of it.