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...
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I think that the social compact hammered out in the mid-20th century has been superseded by a new compact that is different and doesn't promise the potential for lifetime tenure.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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There's also more room when an individual poses some kind of litigation threat to the company over any of the protected kinds of situations like discrimination against age, gender or race, ... That kind of potential exposure to litigation can sometimes be extra leverage for a person to bump up their package.
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The market has very high expectations. The unrelenting search for profits is driving companies in an era when they can't raise prices and some of their potential for expansion overseas is being crimped.
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There are lots of job losses, yet at the same time there is really extraordinary job creation,
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When you look at countries like India, you see that there's a strong focus there on ramping up the technical education of its labor force,
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There has been a remarkable reversal since last fall and winter, when we saw several consecutive months in which departures numbered over 100.
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Trust your instincts, and talk with people in the organization and people in the industry,
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The question will be how do you share resources?
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What's emerging in this era where men and women are working together as colleagues and peers . . . are relationships that form between men and women that are really strong.
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You have to have as many balls up in the air as possible, ... In this day and age, you have to be more of a free agent than an indentured servant.
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Even though February job cuts showed a significant decline, there is no reason to think the job market is rebounding, ... The fact that cuts remained above 100,000 is a strong indicator that employers are still focused on contraction.
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Even in this runaway economy that has some factories running 24 hours, ... employers are still able to find areas that can be trimmed or eliminated altogether.
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Benefits are much worse for part-time workers. The number of people without health care insurance has gone over 40 million.
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Between technology and globalization, a large majority of U.S. white-collar jobs will become obsolete and either eliminated or dramatically altered,