Economy

Jobs Grow by 156K in December; Wages Take Jump

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

Wages Jump As Jobs Grew Modestly In December

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

Why the CEO Should Report to the CHRO

Here’s what every CHRO should do tomorrow: “Go to the CEO, and say ‘guess what’ we’re changing the org chart. I’m in charge now, and you report to me.” That’s the (mostly) tongue-in-cheek assignment Kristen Harcourt gave her DisruptHR Toronto audience, at the end of her 5 minutes on how HR can become…

How HR Can Help The Business Stay Relevant In A Changing World

The November HR Roundtable was doing its best to play the part of soothsayer and look ahead to what hasn’t happened yet. The topic was “Anticipating the Shift,” which most companies miss. There are endless examples of how companies thought they’d stay relevant no matter what, and they ended up disappearing. This forum…

Want That Seat at the Table? Then Take It!

Instead of hoping for an invitation, HR should crash the party and take a seat at the grown-ups’ table. That’s the message Ed Baldwin, president of HRO Partners, delivered at last spring’s DisruptHR Denver meeting. If you think that’s tough talk, just listen as he acts out a conversation between a CEO and…

Is Collecting the Data Taking Too Long? Here’s Help

While many aspirational HR leaders look to mature their strategies to include a variety of workforce and talent analytics, the majority of HR teams remain challenged with tactical and operational reporting requirements. Although a handful of showcase organizations have moved to one fully integrated enterprise suite, with HR, payroll, talent and financials all…

How Cisco Is Getting to Know Each of Its 70,000 Employees

Boston’s Fenway Park seats an average of 37,000 people. Sell Fenway Park out twice and that’s roughly the number of employees at Cisco Systems. Imagine, looking around two packed ball parks and knowing the skills, strengths and passions of every individual in those seats. Try to understand the immense benefit – the outcomes…

Rumors Are Floating About a Cornerstone OnDemand Sale

Speculation is swirling that Los Angeles-area Cornerstone OnDemand could be up for sale; the company’s stock is up about 5 percent today and rising after hours. Scott Berg, a stock analyst at Needham, says via an email that “interest would be high for the largest leading independent provider of talent management solutions globally.”…

Unemployment, Hourly Pay Decline In November; Employers Add 178,000 Jobs

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6 percent. Today’s monthly report from the U.S. Department of Labor showed private-sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted…

Jobs Up 178,000 In November; Unemployment Takes Sharp Drop

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6%. Today’s monthly report from the Department of Labor showed private sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted for…

ADP Report: Employers Added 216,000 More Jobs This Month

Private-sector employers hired nearly 100,000 more workers this month than in October, adding 216,000 more workers, almost all of them in the services sector. HR services and payroll processor ADP and its partner, Moody’s Analytics, reported this morning that consumer-driven hiring especially by mid-size and large employers fueled the growth. Hiring was strong…

Private Sector Hiring Soared to 216,000 This Month

Private sector hiring soared in November as employers added 216,000 new workers, just shy of 100,000 than the 119,000 hired in October. HR services and payroll processor ADP and its partner, Moody’s Analytics, reported this morning that consumer-driven hiring especially by mid-size and large employers fueled the growth. Hiring was strong in most…

Sourcers Need to Know, Who’s in The Market?

At SourceCon Anaheim this year, Shannon Pritchett talked about the persona of the audience that completed the State of Sourcing Survey for 2016. Meet Judy: She is a full-time corporate recruiter in the telecommunications industry with four years of experience. She lives in a major metropolitan area and earns an annual salary of…