"And keeping pay and bonus percentages constant has been made possible only through cost-saving layoffs. U.S.-based energy firms announced 60,500 job cuts in the first six months of 2015, compared with fewer than 4,000 in the same period last year, according to job placement firm Challenger, Gray & Christmas."
Challenger, Gray & Christmas News
"Through May of this year, there have been about 8,800 announced merger-related job cuts, which translates to an annual pace of about 21,000, according to Challenger, Gray & Christmas Inc., an outplacement-services and executive-coaching company. That is less than in the last takeover boom. In 2006, for example, there were nearly 77,000 such cuts, according to the company’s data.
"'The question is, have people found ways to game the system?' said John Challenger, CEO of placement firm Challenger Gray & Christmas. 'Are they going on disability, are they in the underground economy, are they more willing to not be dual-income-earning couples?'"
Read More At Investor's Business Daily:... more
Original Article: http://www.cnbc.com/id/102664876
"'Banks are now under so much deeper, stronger regulation. So, they built up their risk and compliance staff over the past several years to comply with all the government rules and regulations to protect against downside risk,' Challenger added.
Demand for accountants, comptrollers and financial analysts would grow even more if there's another crisis, he said."
"'It is not that young people have gotten progressively lazier. In fact, it is quite the opposite," said Challenger. 'They are spending more time on homework, extracurricular activities, and summer educational and personal development programs. All of these factors take away from time that used to be spent in a traditional job.'"
"'All the rules of how to dress are out the window now in interviews,' said John Challenger, CEO of executive search firm Challenger Gray & Christmas. 'Going to an interview in a suit when the environment is casual is going to lose you the job every time.'"
- Learn more here: http://www.la2015.org/
"Increasingly, companies feel they have to speak up on social issues that could prompt backlash from customers or make companies lose out on talented employees, Challenger said.
'Big U.S. companies realize that their customers and employees care that the company is doing the right thing,' he said."
Original Article: http://www.cnbc.com/id/102527615
"A summarizing paragraph on your resume that explains who you are as a candidate can also help you stand out. Research the company where you're applying and adapt your description accordingly. 'Make it clear that you are a good fit for the culture,' said Challenger. 'These people want to know that they could manage spending the next 10 years of their life with you.'"
"The energy industry cut 20,193 jobs last month, says outplacement firm Challenger, Gray & Christmas Inc. Some 18% of North American oil and gas companies plan to freeze or cut pay in the near future, and 32% of them plan to ease up on efforts to poach talent from rivals, according to a recent survey by consulting firm Mercer LLC."
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