Last week Deloitte Consulting LLP published a conversation on its Website with Jeff Schwarz, a principal in Deloitte's Human Capital practice, who shared his thoughts on how an economic rebound will affect companies' approach to talent management. When the economy turns around, recession will also turn-from retention strategy to potent turnover catalyst. Talent management will involve a delicate balancing act for companies, he said.
Today I'm bringing you myrrh, job seekers. In January the U.S. Department of Labor challenged the nation to submit its favorite job-search tools. Voting ended on January 15, and the DOL is now reviewing the entries. In the meantime, they're sharing the submissions on its Website, http://dolchallenge.ideascale.com/ . Before you click, you should know there are 634 tools on the currently unfiltered list. You're welcome to sift through the list-that's why they're posted-or, alternatively, you can check out the following resources I hand-picked from the list.
Sure, it's an employer's market. That doesn't mean, however, that those who hire hold all the cards. Job interviews are stressful enough without myths like this to terrify you and harm your interview performance. It's time to set the record straight.
You'd think the economic crisis of the past few years has put employees'-grateful just to have jobs-in the palms of employers' hands. You'd be wrong, according to research by the consulting firm Booz & Co. In fact, companies that still resort to traditional, and outmoded, approaches to talent management aren't just missing out on opportunities; they're actually making themselves weaker competitors in the marketplace.
It is no secret that it is a tough job market in the United States right now. It used to be that if you met 8 out of 10 of the required skills for a job, that you would be considered a great candidate. However, in this tough time, it is an employers' market and they can be much more demanding, take their time, and pay less for talent. You have to meet 10 out of 10 and you are up against other candidates with just as much or more skills and experience. It even sometimes seems like the cheapest talent wins. It's tough!