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...
business home improvement
Retailers, restaurants, real estate, home improvement stores... will all see business decline.
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Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits. Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down.
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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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Some of those people might be crowded out, particularly around the Southeast and West.
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It is no wonder that workplace dating is taking off, with more than 28 million young people, some of whom spend more time together in the office than they do outside of work. Employers almost have no choice but to permit interoffice dating,
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It is not unusual to see heavy job-cutting in the beginning of the year. Companies are still making adjustments based on the previous year's performance.
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I think that the social compact hammered out in the mid-20th century has been superseded by a new compact that is different and doesn't promise the potential for lifetime tenure. Workers are free agents.
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The 2006 March Madness just might be remembered for the 'boss button' that gives workers a way to quickly hide their basketball indiscretions.
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The Asian situation has been a real driver and should continue into 1999, as companies scale back their growth plans,
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I think they re going to have to offer a stipend to help their employees with the costs so much for gas. They are going to have to encourage use of mass transportation or look for workers that are closer in.
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It is difficult to attract new businesses to a city if there are not enough skilled workers to employ. It is much more difficult to attract new people if there are no jobs immediately available, ... What smaller cities are accomplishing in this economy is truly amazing.
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It is far smarter to maximize productivity by paying overtime wages rather than hiring new workers, who will be slow until they become familiar with the new job.
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We now see more and more of these Old Economy-New Economy hybrids cutting their online staffs, ... Companies that were hoping, if not expecting to eventually shift the lion's share of their business to the Internet may be forced to consider entirely new strategies for both short term and long term.