"'Today people can make that work up,' one local chief executive told me Tuesday, suggesting we not take these dire productivity impact forecasts too seriously when I pulled him away from his own work for a few minutes on the phone. 'Does it really have a huge impact on productivity? Probably in the long run, it doesn't. Certainly, it's a blip, like a big storm... more
Challenger, Gray & Christmas News
Our Q&A with Challenger, Gray & Christmas CEO John Challenger
The outplacement expert speaks on the job market for new college grads.
BY ANN MEYER
Employment in general is rebounding. But if I’m the parent of a child finishing up college, what can I expect of the market for new grads in particular?
The unemployment rate for... more
Original Article: http://bigstory.ap.org/article/changing-role-top
"In fact, in the first four months of the year, 11 CEOS were forced out or fired, says a survey of private and public U.S. companies by Challenger, Gray and Christmas. That's up from 9 CEO terminations in the same period last year. And that doesn't count those who said they resigned, retired or stepped down, but who were actually pushed out.
Moreover, the average tenure for a CEO last year was 7.9 years down from 9.4 years in 2007, the start of the... more
"According to the Chicago-based consulting firm Challenger, Gray & Christmas, six out of 10 hiring executives say they now check a job applicant's social activity, either all the time or some of the time.
In a survey of 100 hiring executives conducted last month, CEO John Challenger says of those who investigate social media activity, six percent admit it has a... more
"'Today more and more teens are encouraged to get other kinds of alternative experiences," said John Challenger, CEO of the outplacement firm Challenger, Gray & Christmas. "Going to work in the local retail store, like we used to, is not as valuable."
Challenger cites all kinds of activities that are growing priorities for teens, including volunteer work,... more
"Some 64 percent of hiring professionals surveyed by the Chicago-based consulting company Challenger, Gray & Christmas last month said that their companies plan to recruit from the pool of 1.8 million college graduates who will enter the job market this spring. Employers in February had about 4.2 million unfilled jobs, according to the U.S. Bureau of Labor Statistics... more
"Since 2009, the pharmaceutical industry has announced more than 156,000 job cuts in the U.S. alone, according to Challenger Gray & Christmas, a company that big firms hire when they're laying off employees, to help them find new jobs."
Original article: http://money.cnn.com/2014/04/01/smallbusiness/entrepreneurs.moneymag/
"Last year 5.5% of jobless managers and executives launched a business, up 31% from 2012 and the highest level since 2009, says outplacement firm Challenger Gray & Christmas.
Confidence in the economy and access to individual health insurance via Obamacare help fuel the trend, says CEO John Challenger."
"The job market—at last—appears to be thawing, albeit slowly. In the past year, the number of private-sector job openings nationwide has risen 13% to 3.6 million, according to the U.S. Department of Labor. But it has been so bad for so long that 'most people you talk with think we just came out of recession,' says John Challenger, chief executive of outplacement firm... more
In the News...
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- Here's what your bonus might look like this year - The Boston Globe
- 80% of Companies Planning Holiday Parties, Scaling Them Down - Business Today
- Many companies giving bonuses this year, favoring cash over gifts
- 4 Reasons to Kill the Office Holiday Party—and One Reason to Save It
- Companies planning holiday parties — scaled-down versions, that is
- Lehman Brothers dead, but trader keeps fight alive for $83 million bonus
- Boom to bust: Biotech is now cutting jobs
- Amazon Is Hiring a Crazy Number of Seasonal Workers