Skip to main content

Posts

Showing posts with the label human resources

How Might the "Rich City" of San Diego Impact Talent Recruitment?

Is San Diego a Rich Person's City? According to the article The 10 Richest Cities in America San Diego is in the top 10 cities in the nation for households that earn over $150,000. The only problem is that you have to earn $101,000 to live comfortably while that number is $75,0000 in other cities; much lower in other areas of the country. The high quality lifestyle has an advantage for living but can be prohibitive for young professionals who want to move to the area. Business thrives when motivated young adults move to the area, invest their time, and spend their money at local establishments. The price of living certainly is impacted by demand and supply. One of the most expensive aspects of living in San Diego is housing. For those who are young they are more likely going to be paying rent. In either case, the cost is prohibitive and the higher income is justified if trying to recruit young people to the area. The problem is when companies must pay this higher amount

Can Small Businesses Use Size as a Recruitment Strategy?

Recruitment and employee loyalty are an important functions in any business but can make or break a small businesses. For smaller firms a few bad hires can really cause financial havoc. Not only is there lost time and money expended on poor hiring practices but also the cost of training. A paper by Allen, Erickson and Collins (2013) delves into the importance of developing employee commitment as it relates to revenue growth and firm performance.  One of the very first criteria is that leadership must have a solid vision of the organization. Without a solid vision the overall hiring processes and the type of recruit will naturally be misaligned. Recruitment starts with knowing the type of person needed, their skill set and how that position will help achieve the organizational vision.  It is often assumed that prestige and money are the most important factor in recruiting high quality employees and helping ensure they are retained for a significant period of time. Sometim

Does Business Strategy Have an Impact on Work-Life Balance?

Work-life balance is a common HR program that attempts to balance the needs between work and home life. That balance can be difficult to find if one is working in the service industry, consistent overtime, or in a high pressure salaried positions. Taking time to find that balance will help ensure that employees maintain a well-rounded and productive life that takes into account the whole person. The strategy a company uses to manage their business may have an impact on their desire to implement their own work-life balance programs. A regular schedule can help people find a level of consistency that doesn’t occur if schedules are randomly changed every week. The unpredictability of work situations impacts work-life conflict, time-based conflict and strain-based conflict as measured through employee stress (Henly & Lambert, 2014). As schedules move around employees have difficulties planning activities from week to week.  Certain sectors of the labor market have more dif

Funny Reasons Why Employees Call in Sick

Career Builder recently released statistics on some of the most outrageous excuses for missing work. Over the past year 28% of employees called in sick which is an improvement over the 32% the previous year.   When probed for a reason 30% stated they simply didn’t feel like going to work, 29% said they wanted to relax, 21% to attend a doctor’s visit, 19% to catch up on sleep and 11% wanted to avoid bad weather.  Considering that employees in professional positions don’t generally provide a reason to use their personal/sick days there is little reason to track these statistics. One could simply decide to watch reruns of Lost and that would be excuse enough under company policies. Those who do not have an allotment of sick or personal days must call in with a reason or risk termination.  Some of these excuses boarder on being quit funny and seem to beg employers to question their legitimacy. A few interesting top responses employers reported are: Employee just put a casser

New Economic Indicators Point to an Improved U.S. Business Climate

The economy is picking up steam with positive markers in trade, manufacturing, consumer confidence and service industry growth. Multiple markers help encourage positive feelings among consumers and investors alike. As the market continues to show positive signs it will naturally influence the available purchasing habits of consumers and opportunities of investors.   Even though the positive signs are only blips on an economic radar they do lean toward potential new growth in the near future. America is making its way back to global dominance as the trade gap narrows and worldwide demand for American products ticks slightly upward.   It is a small start…but it is a start. According to new numbers from the Trade Department the trade gap shrank 3.6% to $40.4 billion dollars from the prior month of $41.9 billion ( 1 ). This small adjustment in the trade gap highlights that there is some potential momentum in the market.  Exports increased 2.1% to $193.9 billion in March ( 2 ).