Word: recessional
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Many mid-market employers are focusing their recruiting efforts on general management positions as well as sales and marketing, says Mickey Matthews, who directs North American operations for Stanton Chase, a Dallas-based recruiting firm with 2008 revenues of $65 million. "Eighteen months ago companies might have been looking at...
But even as pay improves a bit, the perks are dwindling. "The landscape may be permanently changed in terms of what American employers are able to provide in total rewards," says Sejen. "Many employees will be looking at permanently reduced levels of compensation and benefits." The areas where HR officials...
For their part, employers are demanding better talent and faster service. Given the broader pool of talent on the market, recruiters are expected to serve up a mix of candidates that's superior to a typical pre-recession pool. Clients also expect searches to be completed more quickly. Instead of...
Carens told the crowd that Harvard is "fabulously rich" and assailed the University for cutting jobs and failing to "live up to its responsibility in our community" as a tax-exempt, non-profit organization during a tough recession.
"People in Delhi have abandoned their own traditional clothing," says Bilal Ahmed, 24, a weaver who works for his family business in Jammu and Kashmir. Ahmed and his family specialize in Kadhai work, a type of embroidery. "We have started making more suits and shirts than saris," he says. "People...