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NEW TALENT MANAGEMENT BLOG |
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Fistful of Talent
Workforce Management’s newest
featured blog, Fistful of
Talent,
presents all sides of the talent
equation. Fistful of Talent
offers opinions from recruiters,
HR, consultants and corporate types
on all things talent. Kris Dunn,
author of the HR Capitalist blog,
has assembled an all-star posse
of posters who contribute to Fistful
of Talent, including Paul Hebert
of Incentive Intelligence, Tim Tolan
of Sanford Rose Associates, Michael
Wolfe of SourceMedical, Jennifer
McClure of Centennial, Jessica Lee
of APCO, Beth Kobermann of Honeywell,
Kelly Dingee of AIRS and Maren Hogan
of HCI.
Fistful of Talent notes: Your Most
Disgruntled Employees—Now Drinking
With CareerBuilder
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FREE PAYROLL BENCHMARKING METRICS |
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Benchmarking Participants Recognize
the Impact of Having a Well-Coordinated
HR Strategy
Innovative HR leaders recognize
the potential impact of linking
HR strategy to their organization’s
overall strategy. Benchmarking an
organization’s HR strategy-setting
processes ensures that organizations
are investing the appropriate amount
of time and resources in the front-end
planning of the HR life cycle, and
that this strategy is aligned with
the organizational and business
strategies needed for bottom-line
success.
Workforce Management and APQC invite
you to benchmark, at no cost, your
human capital management organization’s
practices for creating and managing
competitive HR planning, policy
and strategies.
In exchange for participating
in this benchmarking survey, fully
funded by IBM, you will receive
a customized, complimentary metrics
report highlighting the best practices
and processes that top organizations
have in place to achieve peak performance.
Click here to get started.
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WORKFORCE METRICS |
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Turnover
Turnover rates by type of separation, company size and industry sector, high-tech and life sciences companies, 2007
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Turnover |
Layoff
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Involuntary turnover |
Voluntary turnover
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All companies |
22% |
4% |
4% |
14% |
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<100 employees |
18 |
4 |
3 |
12 |
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101-1,000 employees |
5 |
5 |
14 |
20 |
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>1,000 employees |
29 |
4 |
5 |
20 |
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Industry sector |
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All life sciences |
18 |
4 |
3 |
11 |
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Biotech/pharma
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21 |
6 |
2 |
12 |
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Medical device/equipment |
18 |
6 |
3 |
8 |
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All tech companies |
23 |
4 |
4 |
15 |
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Hardware/elec |
16 |
5 |
2 |
11 |
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IT services |
24 |
4 |
3 |
17 |
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Software
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20 |
3 |
3 |
13 |
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Telecom/Net services |
36 |
5 |
11 |
20 |
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Source:
Culpepper
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Hiring
Projections
Percentage of employers reporting hiring plans for 2008
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Replacement positions only |
28% |
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Between 0% and15% will be new positions |
41 |
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Between 15% and 25% will be new positions
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9 |
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Between 25% and 50% will be new positions |
9 |
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More than 50% will be newly created positions |
13 |
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Note: Survey of 315 companies. |
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Source:
Winter, Wyman
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