People are more creative when they feel passionate about their work.
(WASHINGTON) — The number of people applying for U.S. unemployment benefits ticked down last week after dropping sharply the previous week, evidence hiring could pick up this month. Weekly applications dropped 1,000 to a seasonally adjusted 367,000 in the week ending May 5, the Labor Department said Thursday. The previous week’s figure was revised up [...]
(WASHINGTON) — A private survey shows U.S. businesses sharply reduced hiring in April, a troubling sign two days before the government reports on monthly job growth. Payroll provider ADP says that businesses added 119,000 jobs last month, far lower than a revised total of 201,000 jobs in March. The report covers hiring only in the [...]
The news that some employers have asked for direct access to the Facebook accounts — including user names and passwords — of people applying for jobs at their firms has set off a firestorm of controversy. But those recent events only highlight a new reality: the identity that individuals create in the world of social media is quickly becoming an important factor in hiring decisions and in people’s broader professional lives.
According to Wharton management professor Matthew Bidwell, “external hires” get significantly lower performance evaluations for their first two years on the job than do internal workers who are promoted into similar jobs. They also have higher exit rates, and they are paid “substantially more.” About 18% to 20% more. On the plus side for these external hires, if they stay beyond two years, they get promoted faster than do those who are promoted internally.
NEW YORK — In its quest to spread its stores around the world, Apple is reaching over the Atlantic to snatch the CEO of a British electronics chain to head its retail operations. Apple Inc. said Tuesday that Dixons Retail PLC’s John Browett will become its top retail executive on April 20. He will report [...]
In my career I have reviewed thousands of resumes and conducted hundreds of employment interviews for both The Trademark Company and other businesses for which I have worked. In doing so, I got to see the good, the bad, and the downright ugly in terms of resumes, interviewing skills, and the like. For other CEOs looking [...]
Just when we were expecting the economy to go boom it went zoom
First-time claims for unemployment insurance benefits headed higher last week—not a good sign for the strength of the economic recovery. Or should I say “recovery”? The Department of Labor numbers, out this morning, mark the fourth increase in the past five weeks and the highest rate of claims in nine months. Another set of government [...]
