Welcome to the January 10, 2007 issue of The Total View
Published by Success Performance Solutions, Written by Ira S. Wolfe
Visit our Human Resources Blog and Perfect Labor Storm Blog where we can post daily (and more often) human resource updates, news, and Perfect Labor Storm facts.
What's Inside:
1. 2007: Tipping Point in the War for Talent
2. Perfect Labor Storm Alerts #608 to #610
3. Download: Understand the Job You're Trying To Fill
4. The Best Training Materials for As Little As $2 per employee
5. New for 2007: "Leading Others Seminar" - March 2007
6. Quotes from the Hire Authorities
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1. 2007: Tipping Point in the War for Talent
If coach migration in the NFL and NCAA is a predictor of things to come in the workplace, U.S. employers are in big trouble.
With only a few days into the new year, Nick Saban left the Miami
Dolphins to coach college ball at Alabama. Then Bobby Petrino
resigned as head coach at Louisville University to fill the recently vacated head coach position of the Atlanta Falcons.
The firing and hiring of professional coaches is nothing new.
What makes these career moves, and several like them, a wake up call for employers is the free agency attitudes of top talents, the likes of Saban and Petrino. If these attitudes are a symptom of the widening skills shortages, and not the exception, the threats about an impending Perfect Labor Storm are turning rapidly into worst-case realities.
Just a few months ago, Petrino signed a 10-year, $25 million contract.
Petrino had previously interviewed with Auburn, LSU, Notre Dame and the Oakland Raiders, but announced in August that he would
be at Louisville for the long haul. Five months later he resigned.
Boston College coach Tom O'Brien said, "I'm not a candidate for any job." The next day, word leaked out he was bound for North Carolina State.
Dennis Erickson, who has coached seven teams since 1982, signed a five-year contract with Idaho and said it would be his last stop. He lasted 10 months and one day before moving on to Arizona State in December.
The most publicized job-hop, however, goes to Nick Saban.
According to an AP article, "Nick Saban will be remembered in South Florida as a first-class fibber." Saban misled his boss, players and fans, leaving the Miami Dolphins for Alabama when he said he wouldn't. He preached loyalty and perseverance, then quit. To compound the crime, he told his players and owner Wayne Huizenga he was staying in Miami, and said two weeks ago, "I'm not going to be the Alabama coach."
But just a few days after the end of his season, Saban resigned.
The year 2007 may be the tipping point in the war for talent.
A majority of employed U.S. working adults are open to changing jobs in 2007, according to a recent Yahoo! HotJobs survey. Nearly two-thirds of respondents (66 percent) said they would consider new job opportunities in 2007.
In another recent survey conducted by Hudson, 39 percent of workers indicate that it is very or somewhat likely that they will be actively seeking a new job in 2007. And in the December 2006 Hudson Employment Index, just 73 percent of workers said they were happy with their current job, a two-point drop from November and the lowest reading since August 2005. Last year at this juncture, 75 percent of workers expressed job satisfaction.
What are your company's strategies to retain your top performers and recruit replacements? Retention and recruitment requires a formidable strategy beginning with innovative and visionary leaders. How do your current
and future leaders fare? Are they ready for the challenge?
Success Performance Solutions offers world-class assessments and leadership development programs for all size businesses and leaders with all levels of potential. For more information, continue reading - Leading Others, Leading Leaders.
2. Perfect Labor Storm Alerts # 608 to $610
Fact #608: According to the Kaiser/HRET Survey of Employer Sponsored Health Benefits 2005, increasing health care costs for single and family coverage translates into this: a typical employer with 1,000 employees can expect an increase of as mush as $250,000 annually if the average age of its popluation increases by just one year. (Source: The Aging of the U.S. Workforce: Employer Challenges and Responses, January 2006, Ernst & Young)
Fact #609: The percentage of U.S. employers providing some type of elder-care assistance soared from 20 percent in 1993 to 50 percent in 2004. (Source: Hewitt Associates)
Fact #610: Sixty-two percent of U.S. caregivers report making adjustments to their work life, including going in late, leaving work early or taking time off during the day.
Of those surveyed, 17 percent take a leave of absence, 10 percent switch from full-time to part-time work, and
6 percent quit altogether. (Source: AARP and National Alliance for Caregiving, 2004)
Don't miss day-to-day updates on Perfect Labor Storm.
Save the Perfect Labor Storm blog to your favorites.
Don't be caught in storm without all the facts. "The Perfect Labor Storm Fact Book: Why Worker Shortages Won't Go Away" is a must-read leading edge forecast that predicts workforce trends for decades to come. Order your copy today - Only $7.95.
3. Understand the Job You're Trying To Fill
To hire the best person for the job, you must know what the job requires. It is a good idea to conduct a job analysis of the position you are hiring for. If you really want to be ahead, conduct an analysis of every position within your organization.
Spending the time on job analyses can save a lot of time and money down the road by providing you with:
* Accurate job descriptions
* Hiring ad material
* Interview questions
* Performance evaluation checklists
* Data for training needs
* Data for organizational planning
To read more, download "Develop a Hiring System", Three of the Four Strategies for Hiring Right:
Like what you read? Order copies for all your managers.
Order print copies of the Manager's Pocket Guide Series.
Or distribute an electronic version with our unlimited use license.
Call 800.803.4303
4. Would You Be Willing to Pay As Little As $2 Per Employee
for Access to The Best Training and
Self-Development Solutions?
New for 2007! Our Self-Development Solutions License is the most cost-effective, TOTAL training solution in the industry.
Self Development Solution Licenses are available to small businesses (10 to 100 employees) from as little as $36 per employee to less less than $2 per employee per year for larger workforces. All licenses include an unlimited supply of the world's best training materials.
Over 110 Products available for download, handout or customizable training workbooks.
Learn more about our Self-Development Solutions.
5. New for 2007: "Leading Others" Leadership Development Seminar
Announcing the Leaders Others Seminar (or Leading Leaders for senior executives)-Develop leaders to take a strategic approach to people management. The seminar addresses universal leadership principles (values) as well as key management competencies which support the vision and strategy of the organization.
The Seminar focuses on the personal development of current and future leaders plus these specific skills sets:
- Achieving Results Through Others
- Motivating Others
- Communication
- Holding Others Accountable
- Coaching and Developing
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Experience the most comprehensive leadership development program with measurable results by calling us at 800-803-4303 for more information or by replying to this email.
We are now accepting applications for "Leading Others" tentatively scheduled for March 2007 and setting appointments for on-site training.
NEWS!! Taking Leadership to a New Level
Ira S Wolfe successfully completed ASSESS Development Certification Training and has been certified by Bigby Havis & Associates to deliver ASSESS career and leadership development workshops and consulting.
Bigby Havis is a global organizational psychology consulting company providing state-of-the-art selection and development solutions to client companies worldwide.
6. Quotes from Hire Authorities
"Emotional maturity is one of the most important and respected qualities of leadership. It requires first that you are at peace with yourself and second, that you remain calm in the face of adversity and difficulty."
Brian Tracy, author and motivational speaker
Ira S. Wolfe Copyright 2007 - All Rights Reserved. Reprints and other distribution by permission
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