Monday, April 26, 2010

Paul H. Dunn

"It is almost as difficult to keep a first class person in a fourth class job, as it is to keep a fourth class person in a first class job."

-- Paul H. Dunn

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Millennials

Demographers have labeled the generation born from 1982 to 2000 as "Millennials". Millennials were raised in a climate of high self-esteem, rapid changes in technology, and more focus on lifestyle. They are taking longer to finish school, launch careers, get married and form families. In the workplace, millennials may challenge traditional corporate boundaries more than previous generations.
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Sunday, April 25, 2010

Workaholism

According to a CareerJournal.com article on workaholism, a recent study found that highly effective managers worked an average of 52 hours a week, while less productive managers averaged 70 hours of work per week. Managers who logged more hours also reported twice the level of stress-related health problems, such as stomach ailments, headaches, lower-back pain and common colds.
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Saturday, April 24, 2010

Workers with money woes

One in four American workers is seriously distressed about their personal financial situation, according to the report "Financial Distress Among American Workers". The study found nearly 80% of financially stressed workers spend time at their jobs dealing with money issues. Research shows that workers with money woes are less healthy and have higher rates of absenteeism.
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Friday, April 23, 2010

HR directors

HR directors in the U.S. earn the highest salaries in the world, according to a recent study by Mercer Human Resource Consulting. Mercer studied HR executive compensation levels in fourteen countries. HR executives in the U.S. had the highest base pay followed by Germany and the U.K. India registered the lowest base pay.
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Thursday, April 22, 2010

Undocumented workers

There are eight to twelve million undocumented workers in the United States, according to data compiled by the Urban Institute Immigration Studies Program. Nearly 65 percent of undocumented workers live in the states of California, Texas, New York, Florida, Illinois, and New Jersey. Mexicans make up over half of undocumented workers.
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Wednesday, April 21, 2010

Cashing out

According to a study by Hewitt Associates, nearly half of all retirement plan participants who change jobs fail to roll over their accounts upon starting a new job. Instead, they are cashing out retirement accounts, incurring tax liabilities and penalties. Another 25% of retirement plan participants have taken withdrawals against their retirement plan accounts in their current jobs.
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