"Companies struggling to find talented workers are increasingly paying their employees referral bonuses, a new survey from Challenger, Gray & Christmas reveals." - Donna Rosato
Challenger, Gray & Christmas News
"However, 17 tech companies have already warned investors their profits will be lower than expected for the third quarter, more than any other sector.
'They're chasing the next area of growth,' explained John Challenger, CEO of Challenger, Gray & Christmas. 'It's like a forest fire that comes in, and it does change and prepare the ground' for future... more
"With the world’s largest economy 'not that far off from full employment,' labor-market dynamics are changing, said John Challenger, chief executive officer of Chicago-based Challenger, Gray & Christmas Inc., a human-resources consulting company. Central-bank policy makers project the longer-run jobless rate is 5.2 percent to 5.5 percent, according to their central-tendency... more
"'Real work experience is being displaced by summer and travel programs,' said John Challenger, executive officer of the outplacement company Challenger, Gray & Christmas. But he says he doesn’t think that is necessarily a good thing.
'A lot of kids are missing out by not learning what working is,' he said. They’re also missing the process of job hunting. Part of the experience... more
"John Challenger, CEO of outplacement firm Challenger, Gray & Christmas, thinks that declining participation might also reflect an increasingly fluid job market.
'It used to be, a generation ago, that more people went to work, worked full-time permanently, worked much longer tenures. Fewer people put together different kinds of assignments, cobbling... more
"'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
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
In the News...
- C-suite turnover trends lower nationwide; Austin energy exec departs
- 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