As we are all aware, the jobless rate hasn’t dropped much in the last year. Hiring is happening, but piecemeal, and for specific talents. So, one way to set your target is to watch industrial/business news about what positions have been difficult to fill.
An article in the SHRM Magazine, June 2010, highlights a projected severe shortage in workers for the utilities industries. According to the article, electric power industry companies estimate that 30-40% of its 400,000 workers will be eligible for retirement in the next two years. These positions range from executive level to skilled craft workers and may create a huge demand for people to fill these slots.
HR folks in all utilities have been aware of this issue for years, but there has been a lack of future workforce planning to make sure the right people are available to meet the need.
One company in this industry, Southern Co. built a statistical model that highlighted particular hot spots..technicians, system operators, control system engineers, water and wastewater operators and operations management. So – hiring ahead is part of the plan.
There is, however, a problem finding qualified replacements for the industry– inadequate training and education of workers. Companies are even willing to train on the job but the candidate needs to be science-savvy and a high school graduate.
Another industry that will need (and does now) more skilled workers is the healthcare world. There are not enough trained nurses and techs to fill the needs now. One nursing educator in southern California said most of her students were preparing for a second career. The healthcare insurance industry will also be adding folks as more of the population obtains formal insurance coverage.
Job seekers need to check business/hiring surveys put out by local departments of labor or professional organizations. Educational institutions will also have hiring and salary information for the area. Then, get the tools you need to fill the jobs there are.
Tech Jobsites
Retraining for the New Careers
- Posted Aug 19th, 2010
- by Ingrid Baker;
- Categories: For Job Seekers, Hiring Trends, technology jobs;
- Comments: None
Tech Jobsites
Executive Positions Lacking
- Posted Jul 30th, 2010
- by Ingrid Baker;
- Categories: Executive Talent;
- Comments: None
We live in interesting times! Not necessarily fun, but interesting. One of the casualties of the economic downturn seems to be a lack of opportunities for C-level candidates. As companies downsize they also eliminate leadership positions, and so there are many very experienced executives looking for opportunities.
There is also an increase in CEO turnover as some take early retirement, some are removed by their boards and some are casualties of the economic times. According to an article in Staffing Management magazine the government/non-profit sector led all industries in May with 19 CEO departures. The budget shortfalls being experienced by this industry means it continues to struggle, even as job losses in the private sector have slowed. The largest turnover for the year was experienced in health care with 98 executives leaving so far this year.
In the technology industry, and particularly in companies just starting out, the CEO has a major impact on success. One of the problems in this area is that many of the new companies are cutting edge and there is no established market, or the business has a disruptive technology that requires a new approach. Tech companies with new ideas need leadership that can apply new tools to grow the company.
So, there is opportunity for leaders to find positions in these tech startups – but they may have a very small office and no secretary! They also may not be able to pay much of a salary up front. Ownership in the company is sometimes offered in lieu of salary, but to collect, CEO’s have to get the company into the profit mode, and this could take awhile. We need the talent that these executives possess, and our challenge is to provide an opportunity that these leaders will find attractive.
Tech Jobsites
Albuquerque Hispano Chamber/Kirtland AFB Job Fair
- Posted Jul 20th, 2010
- by Ingrid Baker;
- Categories: For Employers, For Job Seekers, Hiring Trends;
- Comments: None
The Albuquerque Hispano Chamber of Commerce and Kirtland Air Force Base are hosting their second annual job fair at the National Hispanic Cultural Center in Albuquerque on August 4 from 9AM to 2 PM. Technology Ventures Corporation is also a major sponsor.
This year in addition to the government sector jobs available through KAFB and their partners, nmtechjobs.org and NM WIRED Project are expanding the employer list to include private sector technology job opportunities as well as administrative positions in the area.
Opportunities in the government sector include: Federal Protective Service project managers and criminal investigators; Air Force Research Lab in physics, space sciences, geophysics, chemistry, computer sciences, all engineering field, and management positions; US Fish and Wildlife Service openings, and many more.
In the private sector: Mechtronic Solutions software engineers, controls engineers, technical writer and others; Analytical Solutions software programmers; Wells Fargo bank tellers, and others to come.
As part of this event there will be subject matter experts at the KAFB booths, as well as work stations to help job seekers navigate the USAJobs site to apply for government positions. This is a great opportunity to learn about the jobs available with some of our largest technology employers. Check out the Albuquerque Hispano Chamber website for updates: ahcnm.org.
Tech Jobsites
Developing and Keeping Top Talent
- Posted Jun 22nd, 2010
- by Ingrid Baker;
- Categories: Economic Trends, Executive Talent, For Employers;
- Comments: None
Interesting survey result: one in four high-potential employees believe they will be working for another employer in a year. This statistic is from a survey done by the Corporate Executive Board of the Corporate Leadership Council. An article in the Harvard Business Review , May 2010 summarizes results and ideas for resolving some of these issues.
The survey, done in September 2009, found that one in three high-potential employees (rising stars and high achievers) admit they don’t put all their effort into the job, and one in five believe that their personal aspirations are different from what the employer has in mind for them. This in spite of the fact that most companies have some form of program designed to nurture future leaders, and with good reason, as these individuals have major impact on business results.
The survey also found that the sense of disengagement of these employees has been remarkably high since the start of the recession. Results suggest that as the economy rebounds and the labor market warms up, companies may see the best employees leaving in large numbers.
Working with HR departments the Corporate Executive Board studied more than 20,000 employees that were considered high-potential at 100 organizations worldwide. Findings show clearly that management teams stumble when trying to develop the next generation of leaders.
Mistakes noted:
- Assuming that high potentials are highly engaged. Disenchantment has increased since the economic downturn began, and so renewed efforts to engage these employees as well as regularly checking in with them is important.
- Equating current high performance with future potential. The survey showed that 70% of the high performers lacked critical attributes important to handling future roles
- Delegating down the management of top talent. If you leave the selection of future leaders primarily to line managers, the selection will be based heavily on current performance. Suggestions are to develop a leadership program handled by the executive level to help both candidate and managers to understand future potential.
- Shielding rising stars from early derailment. Just as in the education system where there’s a halo effect if you are perceived as a good student, rising stars are given more help along the way rather than being tested more rigorously.
- Expecting star employees to share the pain. Research indicates that under normal circumstances the star employee puts in 20% more effort than others in the same role. Therefore, when salary freezes and layoffs occur, it is important to find a way to shield the top employees from that pain. Bear in mind that other companies are scoping out your stars and may lure them away.
- Failing to link your stars to your corporate strategy. On the other hand, don’t hide the pain from your high potentials. Keeping them engaged means keeping them involved in the process. Find ways to share future strategies on a privileged basis with your stars.
Finally, always make these high potentials aware that the designation is mainly an assessment of future contribution. Don’t just celebrate current achievement.
Tech Jobsites
Leading Indicators Predicting Hiring Increases
- Posted Jun 2nd, 2010
- by Ingrid Baker;
- Categories: Economic Trends, For Employers, For Job Seekers, Hiring Trends, Job Hunting;
- Comments: None
An article in the Society for Human Resource Management’s staffing publication (Staffing Management) reviews the results of the Leading Indicators of National Employment Survey released May 7. According to the article by Theresa Minton-Eversole the unemployed might have a better chance of finding a job in the next few months .
Overall the survey shows that the percentage of manufacturing companies that are hiring is the highest since fall of 2007 and in services the highest since summer of 2007. Also the survey indicates that good workers are getting harder to find.
The LINE Employment Report surveys four key areas: employer hiring expectation, new-hire compensation, recruiting difficulty for top level talent and job vacancies. The survey covers HR departments at more than 500 manufacturing and 500 service sector companies, which employ more than 90% of the nation’s private sector workers.
Results include employment expectation increases of 48.7% in manufacturing and 37% in service sector. This is the seventh straight month of predicted increases. In recruiting difficulty, manufacturing indicated an 18.9% increase and services a 14.2% increase. New hire compensation increased in April by 7.2% in manufacturing and 10.9% in services.
LINE survey results for job vacancies cover both exempt and non-exempt positions. This indicator can be one of the early indicators of a shift in supply and demand in the labor market. In the manufacturing sector 18.7% of respondents reported an increase in vacancies in April.
The survey noted that most companies had held their salary levels through the period of high unemployment and are now increasing some compensation for the harder-to-fill positions. Job seekers are still accepting lower wages and benefits than in the past overall. Employers may have to change tactics as the pool of candidates for positions of strategic importance gets tighter.
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