A Towers Perrin study for AARP argues that “older workers are more motivated to exceed expectations on the job than their younger counterparts are.”
While you were shopping:
MTV is laying off about 100 employees, according to backstage.com; “It is believed that the cuts affected MTV Networks employees working in business operations and human resources.”
PwC is hiring an “unprecedented” 1,500 people in Hong Kong and China. The economy’s hummin’ along; in addition, PwC says, “Some of our staff have been poached,” according to the South China Morning Post.
BellSouth is cutting managers, according to the Atlanta Journal-Constitution. “The cuts are likely to focus on management-level positions in areas such as marketing, finance, human relations, advertising, and investor relations.”
The Global Fund
has taken out a full-page ad in the Economist
advertising HR and recruiting jobs.
While you were freezing:
–Utah manufacturers are telling 9th graders that their jobs are interesting, offer good career paths and high wages, according to the Ogden Standard-Examiner. Employers are “desperate” for skilled and unskilled employees.
–There’s no shortage of funeral directors yet, but the industry is trying to be proactive in preventing one as the population grows older, according to the AP. Funeral directors are telling young people that the profession isn’t about death but about helping people cope during tough times.
–From CFO … “over the past three years, 25 percent of Ernst & Young’s hires at the manager level and above have been boomerangs.” And “Microsoft sees some 20 percent of its alums return to its Redmond, Washington, home.”
Best Buy got slapped with a federal class action civil rights lawsuit–Holloway et al. v. Best Buy Co, Inc. A plaintiffs’ attorney says that “the low number of women and minorities employed by Best Buy sets it apart from other large retailers.”
According to the plaintiffs, “The lawsuit charges that Best Buy recruits, hires, and maintains a disproportionately white and male sales force from which it then promotes a disproportionately white male management force. Nationwide, more than 80% of store managers, the top job in a store, are white men, less than 10% are women, and less than 10% are African-American or Latino.”
In an e-mail to me, Susan Busch, Best Buy?s Director of Public Relations, Corporate, writes, ?We vigorously deny the discriminatory claims. The discriminatory behaviors alleged in the attorney?s press release are inconsistent with our policies, values, and culture. Best Buy is committed to a workplace free of discrimination. We do not tolerate discriminatory practices.?
–There aren’t many big names in the HR world. One is Lea Soupata, head of HR at 400,000-employee UPS. She’s retiring after 36 years at Big Brown. UPS released a list of her accomplishments. These include: “More than 66,000 people have been hired off of welfare since UPS became a founding partner in the Welfare to Work Partnership in 1997.” Soupata and UPS also established an “Earn & Learn” program for students to work part-time at UPS and get up to $3,000 in tuition assistance and $2,000 in forgivable loans per calendar year.
–At a Jobster road-show event this week in Orange County, California, the company’s CEO said Jobster’s on a roll, signing up 10 new clients weekly and expects to have more than 200 paying customers by the end of the year. CEO Jason Goldberg says one large bank he recently spoke with spent a half-million on Monster in 2005, but next year will break up the spending into $100,000 on Monster, $200,000 on its corporate website, and $200,000 on other recruiting tools, such as passive sourcing tools like Jobster and ZoomInfo.
While we were watching football:
JP Morgan Chase is recruiting about three to four hundred graduates in India–per month
Merck employees, including those who aren’t being cut but may wonder if they have a future at the company, will be good targets for recruiters
Also in India, “Sanofi-Aventis of France proposes to increase salespersons in its Indian subsidiary Aventis Pharma Ltd by more than 1,000. Aventis has already hired 150 salespersons and is considering recruiting 800 more,” according to India Business Insight.
Regarding attorney jobs over the past year, there was a “startling increase in hiring demand across virtually every practice area,” according to BCG Attorney Search, the largest recruiting firm in the nation dedicated to the placement of attorneys in law firms. (insert lawyer joke of your choice here).
A. Harrison Barnes, Managing Director of BCG Attorney Search, says, “Our clients are the largest and most prestigious law firms, and when their work picks up, it is a sign that things are going well in the economy.” (insert attorney joke of your choice here about what else it’s a sign of).
Antitrust and trade regulation law is very hot (a good opportunity to insert obligatory attorney joke about antitrust here); also booming is Internet/e-commerce law and intellectual property litigation law. Trusts and estates work is down (insert obligatory attorney joke about trust here).
Growing but less robustly than some other legal areas, there was an approximately 14 percent increase in employment law jobs.