This Week's Herman Trend Alert

Cyberbullying---a Growing Problem
 

  The Herman Trend Alert

April 2, 2008

U.S. Employee Confidence Index Declines

The Spherion Employee Confidence Index, a monthly measure of workers' confidence in their personal employment situation, fell for the seventh consecutive time last month. With this decline, it reached the lowest level since the survey's inception in 2004.

We see two reasons for this downturn: first, the United States has experienced negative job creation for the last two months, last month losing 63,000 jobs, according to the US Bureau of Labor Statistics; second, the media continues to beat the drum of doom and gloom, because "Bad news sells." We have written about the media's effect before. See The Effects of Fear from 8/15/07.

Supporting this fact, this latest Spherion survey also reported that fewer employees expect to look for a new job during the next year. This finding reinforces the existence of the passive job market and indicates that recruiters will be seeking currently employed workers in greater numbers. These people also feel a greater sense of confidence about the future of their current employers.

Many Baby Boomers retirements are, in fact, often "recareering" instead. See our previous Herman Trend Alert, Baby Boomers Re-careering from 5/23/07. All of the major players: Adecco, Manpower, Kelly, and Spherion now offer their clients the options of rehiring their retired employees as "consultants", thus protecting them from certain legal liabilities. Many recareering Boomers are looking for project-based work, giving their employers the advantage of not hiring them as full-time, permanent employees on the payroll.

The bottom line problem is that there is still a widespread skilled labor shortage. Employers in most industries still have a hard time finding qualified workers. Wise employers are already looking for other opportunities for their valued employees within their organizations; thus, Baby Boomers may leave their high stress, high responsibility jobs and still benefit their long-term employers with their service. A recent Spherion Emerging Work Force Study reported that 80 percent of Boomer retirees "really do want to work again in some way". They want to keep being productive.

Expect more employers around the globe to get creative about offering flexible work arrangements for their "retiring" Baby Boomers. This creativity will be a major advantage for these enlightened employers.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."


DISCOVER WHAT’S REALLY GOING ON...
in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html.

MOM ALWAYS TAUGHT IT WAS GOOD TO SHARE
You have probably subscribed to The Herman Trend Alert for a while now and you know how valuable it is to you. Why not suggest that your friends sign up at http://www.hermantrendalert.com? Join the thousands who subscribe in 87 countries around the globe. Are there particular topics you'd like to see covered? Let us know and we will research "The Future of. . .". And let us know how else we may serve you? E-mail: joyce@hermangroup.com.

YOUR EMPLOYEES NEED THEIR LEADERS MORE THAN EVER
Help your leaders to excel. Thousands have used our weekly Lessons in Leadership to help their supervisors and managers remember how to hold onto top talent. The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Carol at carol@hermangroup.com. Order today at: http://www.hermangroup.com/store/subscription_all.html#3.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home · About · Products · Resources · Media ]

 
7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com

  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.