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...
certainly companies competition consumer corporate cut economic helped inability increased job maintain overall prices pricing raise spending stiff voracious
While voracious consumer spending has helped maintain overall economic strength, companies are still hampered by stiff pricing competition from abroad, ... The inability to raise prices has cut into corporate profits, which, in turn, has most certainly contributed to increased job cutting.
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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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Those are two areas of the economy that should be perking up right now if we were in a recovery mode, ... Normally, businesses hire temp workers and work their employees longer -- this drop is of real concern and raises the specter of a double-dip recession.
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Even if raises and bonuses are below what they were four or five years ago...rewarding employees who have brought the company through tough times is accepted by more and more companies,
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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.
people talk trust
Trust your instincts, and talk with people in the organization and people in the industry,
question share
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.