This Week's Herman Trend Alert

The Power of Benefits
 

  The Herman Trend Alert

June 25, 2003

Temp Solution Will Spread

Employers are caught in a difficult position. Since they must keep their payrolls under tight control, there are no extra people to assign to special projects. Under these circumstances, employers have several choices: Hire more people, ignore the opportunity, or contract the work to an outside firm.

Many companies hire temporary employees to fill in when regular employees are on vacation or when there is an unusual surge of business. As the economy improves, the temporary staffing business will increase significantly. Fearing that the economy will slow again, leaving them with inflated payrolls, employers will be hesitant to hire new regular employees.

Staffing of a company's core business is difficult to manage today and will be a balancing act for at least the next six months. But, what about aspects of the business that are not part of the central mission, yet still may need to be performed? Temporary help will fit here, too, using firms that specialize in specific types of work.

Employers will seek opportunities to use outside specialists. Taking inventory will be the responsibility of outside companies, even more than it is already. Shipping, building maintenance, landscaping, extra transportation of guests, special computer programming, and meeting management will be assigned to companies that can respond quickly, creatively, and at a modest cost.

Many corporations used to hold meetings to inform and motivate management, sales, and production employees. These meetings were often elaborate affairs at hotels, conference centers, and resorts. Professional speakers, entertainment, abundant food, and special gifts were standard components. As the economy slowed, corporate leaders tightened budgets by reducing or eliminating meetings---and the people responsible for their professional management.

As the economy picks up, companies will again want to host meetings, but won't have in-house staff to do planning and management. As companies rebuild, agile meeting professionals with experience will be tapped to assume these responsibilities. As employers look for interim support and, in some cases, new ways to manage meetings without adding more permanent staff, firms like Global Enterprises (www.geiaus.com) will see significant increases in business. Innovative approaches to meetings will earn considerable attention.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or http://www.hermangroup.com. To sign up, visit http://www.HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

TROUBLED BY RISING EMPLOYEE TURNOVER?
Once again, employee retention is becoming a critical issue for corporate executives. If you need help now, call Joyce at 336.210.3548 or email her right away at joyce@hermangroup.com.

DIGITAL ANGEL FOR HIRE
What if there were a person you could contact whenever you needed digital help who wouldn't cost the $90/hour you would typically pay? Available via email and Skype, this English-speaking Wizard of Bits and Bytes will have your website working well in no time and even help you with social media. For more information, email raees@thewebsmith.co or find him on Skype at raeesiqbal94.

AMAZING FOOD SUPPLEMENT NOW AVAILABLE
Joyce could hardly believe her eyes when she saw her husband's lab results. Her husband, who had recovered from colon cancer had been in chemo for six months, but after that he wasn't getting better. On top of that, his CEA (Carcino Embryonic Antigen) Marker has jumped to 8.5, a cause for concern and more tests. Joyce asked the doctor for 30 days to see what she could do without more tests and treatment. One month to the day later, his CEA was at 4.8; one month after that, it was 4.3 and now six months later, it is 3.8 (copies of all lab results available upon request). And the only thing he did differently was to take a miraculous new food supplement. Somehow, it normalizes body function by bringing energy to the cells. It has been found to lower cholesterol and blood pressure, and even reduce blood sugar to normal levels. For more information, call Carol at 336.210.3548 or email her at carol@hermangroup.com.

To read this Herman Trend Alert on the web: http:// www.hermangroup.com/alert/archive_5-25-2016.html.


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