Money in the bank

Business Week says that within 6 years the number of managers in the right age bracket for leadership roles will drop by 30% and the average corporation will be left with half the critical talent it needs by 2015.

On top of all of this, areas like Asia, whose gross domestic product will be the largest in the world next year are also seeking out this same talent.

So... if you are in management but are stagnating, ready for management but not being recognized, or an undergraduate with management aspirations, your time is coming if it is not already here.

Be prepared to think not just of Texas or the U.S... Be prepared to think globally.

Harvey Dorland

Money in the bank

The industry lost another 6900 jobs in August and other than health insurers every other segment is down in employment numbers for the past 12 months (-2.9%).

Wages, however, have been up the past 12 months in every category except TPA’s.

Watson Wyatt says that more than half the companies they surveyed that had previously froze salaries now plan within 6 months to unfreeze them.

High performing workers are more at risk of walking out the door during recessions. (Forward-looking companies are always ready to upgrade their business by hiring them).

By 2015 there will be more people working electronically from home full time than taking mass-transit.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

Mon

If someone gave you $10,000 – 43% of people say they would pay down debt, 25% save it, 25% invest it, 7% spend it.

Noticed a list of the best / top jobs recently (Systems Engineer #1).

Criteria was multi-faceted including decent pay, good demand, enjoyable, and not a lot of pressure.

Was surprised insurance recruiter wasn’t in the top 50! (No insurance positions were).

The Mortgage Bankers Association predicts fixed rate mortgages of 5.9% by the end of 2010, and 6.3% at the end of 2011. (So, with rates at or under 5% now, be watchful if you have a loan coming due).

Don’t expect workers loyalty to outlast the recession.

Watson Wyatt says 25% of you have become disengaged (disgruntled), and Monster.com says 79% of job holders have stepped up their search for a new place to work.

So... there will be a lot of people making moves as more positions materialize.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

Career choices, defining who you are.

Interesting article, “Just Say No”

http://www.theladders.com/career-advice/when-to-decline-offer

Scot Dickerson, CPC

President

Capstone Search Group

Phone: (515)-987-0242 Ext. 18

Email: sdickerson@insurance-csg.com

Money in the bank

More and more candidates are telling me:

· They send resumes in response to job board postings and never hear a word.

· They interview two or three times for a position and then never hear a word.

Companies seem to forget that their reputation is only as good as the way they treat people.

Candidates should be treated as you would treat your best customer.

Trust me... the ones I hear about being rude the most frequently, are the ones that I put near the top of my recruiting list.

I believe I rightfully assume that if they are treating a #1 resource (candidates) with disdain, that’s also the way they are treating their own employees!

Most of the time, I’m right.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

Money in the bank

If you pay $100/month on a credit card that has a $5000 balance at 15%, it will take you 6.6 years to pay it off and cost you $2896 in interest.

Pay $300/month on the same and you’ll cut your pay off time to 1.6 years and interest to $643!

A recent CNN Money poll says 52% of us believe it will be a year or more before the economy gets better. 15% say it is already happening.

One of our Nation’s top business women says... “running a business is an overrated skill.” “Finding people that have strategic acuity and can reconceptualize for the future is what is in the shortest supply”.

Another says... “there just isn’t time anymore to ponder or analyze a decision to death”.

Tell that to all the people who are still waiting for the results of an interview they had 30 days ago. J

More later on this subject.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

Objectives: The death sentence of a resume.

I recently ran an ad for a Commercial Insurance Account Manager. I needed an experienced candidate out of commercial insurance who wanted to work for a growing insurance firm.

After reading MANY resumes, one really stuck out to me - not because I thought it was a match, but because I wondered, "What is this person thinking?" The resume was well written but this resume had a flaw so blatant that it shot down the candidate faster than I could say "DID YOU READ MY AD?" Their resume had an objective stating that this person wanted to get into the field of journalism. Hmmmmm......

What do you think the chances were for this person to land an interview for my job? With an opening line like that, front and center on the resume, zero. The hiring authority (or recruiter) realizes right off the bat that this person is probably not a detail person among other things.

Has your objective in your resume "killed" your chance for an interview for a job you really wanted? Read it again before sending it in for a specific opening. Don't let your objective be the death sentence for your resume.

Laura Hill
The Hill Group, L.P.
lhill@thehillgroup.net