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August 5 -11, 2007
Vol. 8  Issue
32

 

In This Issue ...

  • Workforce News of the Week

  • Feature: Talent Acquisition: Where'd They Come From?

  • Feature: GE's People PowerHR Chief Bill Conaty Made Jack Welch a Believer

  • Forum Post: Spirituality in the Workplace

  • Blog: The Talent-Shortage Myth

  • Work Views: The Catch in Layoff Releases
  • Commentary: Consumerism in Health Care—A Reality Check

 
 
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Workforce News of the Week:

Nike Settles Racial-Bias Class Action Suit: The company also agreed to several other measures, including a court-appointed diversity consultant to monitor and periodically report to the court and the appointment of a compliance officer at Nike's headquarters.
Click to read more. >>>
Life Insurance Most Widespread Voluntary Benefit: A survey of 138 companies found that 75 percent offer employees supplemental life insurance, such as the ability to increase the amount of coverage or to obtain coverage for a spouse or child.
Click to read more. >>>
Target-Date Funds Leave Retirees Out in the Cold: A study of the funds, which are diversified asset-allocation portfolios that rebalance over a specific period of time, found several faults with the offerings being pushed by some investment companies.
Click to read more. >>>
House Passes Bill to Upend Supreme Court Pay Bias Decision: Named after the plaintiff in a recent Supreme Court case, the Lilly Ledbetter Fair Pay Act would allow victims to file a claim within 180 days of any paycheck that has been diminished by bias.
Click to read more. >>>

Monster Pares Its Workforce: The cut of 800 jobs, or about 15 percent of the job board company's worldwide workforce, is part of an effort by the new CEO to invigorate the business, whose second-quarter profits dropped 28 percent from the same period last year.
Click to read more. >>>

Retirement Savings Up Almost 12 Percent in 2006:
IRAs experienced the most growth in 2006, up 16.6 percent, according to an Investment Company Institute report.
Click to read more. >>>


Quick Takes:
Presidential Caution: Workers Doubt Campaign Promises

Click to read more. >>>

Vacation Envy: Finnish Workers Take It Easiest
Click to read more. >>>

Reputation Polishing: Arab Companies Aim for Workplace Fairness
Click to read more. >>>

Location Scouting: Workers Want Right Place, Right Time
Click to read more. >>>

Competency Buy: Salary.com's Acquisition
Click to read more. >>>

Going Steady: Facebook to Get New Career Tool From Jobster
Click to read more. >>>

Special report: Talent acquisition
Feature: Where'd They Come From?

Many companies are spending huge sums of cash to advertise job openings based on flawed source-of-hire information, experts say. Steps can be taken to not only clear up the shaky data but also track where organizations get their best performers, which will help them target ad dollars more effectively.

Read more about source-of-hire pitfalls. >>>

Also:

Drop-Down Glitches Undermine Accuracy>>>
Using Social Networking to Fill the Talent Acquisition Pipeline >>>
Growing Into Applicant Tracking Systems >>>
Building on Brand to Attract Top Employees >>>
High-Performance Recruiting in Tough Markets >>>
Vegas Police Use Innovative Campaign to Lure Gen Y Recruits >>>
Lowe's Builds Its Employment Brand >>>

GE's people power
Feature: HR Chief Bill Conaty Made Jack Welch a Believer

Conaty looks back on his role in creating General Electric's celebrated—and controversial—corporate culture. Conaty shares how he got one of HR's harshest critics, and the larger corporate world, to recognize HR as an important business partner.
Read more about what changed Jack Welch's mind. >>>

Also:

Managing the CEO Sweepstakes at GE >>>
IBM's People Chief: A Leader in Leadership>>>
GE a Trailblazer in HR Development>>>
Commentary: Human Resource Management—At the Table, or Under It? >>>

Discussion
Spirituality in the Workplace

Posted in the General Forum:

A reader writes: "I am a master's student … working on a project evaluating innovation in the workplace. I would like to know about companies and organizations that have implemented ‘spiritual' practices within the workplace. I know that ‘spiritual' is defined differently and individually, so I am open to varying interpretations. For example, I heard of a company that takes its employees on vision quests. As people become more disenfranchised with the organization, I am eager to learn what companies are doing that may be more progressive to help retain employees."

Join the discussion. >>>


Blog: The Business of Management
The Talent-Shortage Myth

Every week, I get pitches from PR people touting experts who want to talk about the great talent shortage that will soon be upon us, given that the 76 million baby boomers born between 1946 and 1964 will start retiring soon. I don't buy it.

Read more of the Business of Management blog. >>>

Legal Work Views
The Catch in Releases

It's been routine to obtain releases from laid-off employees who waive their rights to sue in return for severance pay or benefits. But recent actions by the Equal Employment Opportunity Commission suggest that the practice could be fraught with risks even for companies with stellar diversity programs and positive EEO track records.

Read more from attorney Gilbert F. Casellas, a former chairman of the U.S. Equal Employment Opportunity Commission. >>>

Also:
What ‘Employment at Will' Really Means to You >>>
Termination Checklist >>>

Health care commentary
Consumerism in Health Care: A Reality Check

The rise of consumerist strategies in providing employee health care is a genuine trend, but is your organization's consumer-directed health plan a genuine effort on the part of all stakeholders? It's time to get real about fulfilling the promise of consumerism.

Read more about what real consumerism means >>>

Also:
Twists in the Road to True Consumer-Driven Health Care >>>
Employees Unhappy With Consumer-Driven Health Plans >>>
Limited-Benefits Plans Poised for Expansion, Greater Debate>>>

 





 

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