May 31, 2006

News & Opinion: For New Hires: Sink or Swim Week 4

By: 800-CEO-READ @ 5:00 PM – Filed under: Management & Workplace Culture

Welcome back to the SOS blog at 800-CEO-READ.
Here is some interesting data and disconnect:
According to National Association of Colleges and Employers (NACE) Employers expect their college hiring for 2005-06 to surpass that of 2004-05 by 13.8 percent. Unemployment rate at a low 4.7% in April, Signing bonuses, which waned in popularity as the economy stumbled, have returned in several industries.
Sixty-five percent of employers in 2005-06 are offering signing bonuses for technology-related positions, according to a poll by Mercer Human Resource Consulting.
Overall, there is an increase in chatter from employers that hiring is becoming more of a challenge.
But despite the heated job market, complaints from companies that they are challenged to find enough employees, Mercer Human Resource Consulting found that only 44% of employees ages 18 to 24 believe they are treated fairly on the job (compared with 64% of employees ages 45 to 55.
Why is there still such a dis-connect between employees and the companys that need them?