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July 29
- August 4, 2007 |
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In This Issue ...
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Workforce News of the Week:
McDonald’s Faces Teen Labor Shortage: The declining number of teenage
job seekers presents a super-size challenge for McDonald’s, where 40 percent
of the top 50 managers—including CEO James Skinner—worked their way up from
the cash register or fry vat, and which more than ever needs qualified workers
to keep service from bogging down in an era of computerized cash registers
and electronic ovens.
Legislation Would Shed Light on Investment Fees:
The latest effort to make the 401(k)s more transparent is being led by Rep.
George Miller, who introduced legislation that would require plans to reveal
more information about fees and conflicts of interest.
Retiree Benefits: Is UAW at the Wheel?
SuccessFactors Files Initial Public Offering
Travel Anxiety: Business Travelers Dodge Dangers, Want Protection
Teutonic Bummer: Retirement Watch on the Rhine
European Employees to Companies: Control Fraud
Layoffs in China: Employee Loyalty on Skids
5 questions
Too often, observers and executives make assumptions about business performance that are not based in fact. For example, if a company is doing well financially, the assumption is that its leader is a brilliant and gifted individual, the corporate culture is amazing and the people are the best. That, according to author Phil Rosenzweig, is the halo effect.
Read more about the halo effect.
>>>
The unkindest cut
When an HR staffer alleges employment discrimination,
it’s automatically a different kind of claim. Here’s how to proceed when
the claimant is someone who is likely to know damaging, embarrassing or
unflattering information about the company, and might be willing to use
it to bolster a case. It’s not all bad news, however. Sometimes it’s easier
to deal with an HR claimant.
Answers to your questions “How do we earn our employees’ loyalty—and more important, preserve it? Our bank has lost a number of key employees to competitors during the past five months. We were prepared to match the departing employees’ competing salary offers, to no avail.”
Click here to read the answer.
>>>
Discussion
Posted in the Legal Forum:
Blog: The Business of Management
They say you can tell a lot
about a person by the books they read. If that’s true, what does this list
of the top-selling books purchased at last month’s Society for Human Resource
Management annual conference in Las Vegas tell you about the HR professional
in the 21st century? Read more of the Business of Management blog. >>>
The HR Capitalist
Everyone agrees with the concept
of good turnover and bad turnover. But as the HR pro reporting on it, you
have to dig into all the termination scenarios to know which is which. And
there are probably hundreds of variations. Here’s how to start sorting.
Read more about telling good turnover from bad.
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The Last Word
In the end, it is pretty easy
to see what killed America's Job Bank: bureaucratic indifference, government
ineptitude and a singular shortsightednesss.
Read more about the great American Job Bank heist.
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Copyright © 2007 Crain Communications
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