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February 2008

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The War for Talent

News bulletin from the recruiting industry to job seekers everywhere - they are in a "war for talent."  Yes!  Really!  They are completely serious about this!  They are working hard every day, trying to figure out how to attract (and, even, to keep!) great employees.

Why do I think this is true?  Recently, I attended a national conference for recruiters - over 1,000 of them, I think - corporate human resource staffers and corporate recruiters, mostly, but also others in related jobs and industries.  And this was the unofficial theme - The War For Talent!

One of the biggest names in accounting has actually put together a computer game they are distributing to high schools so they can get the kids interested in accounting (probably not the first career on many lists of dream jobs).  It also enables them start determining the potential accountants from the potential artists, writers, athletes, or others who don't have the characteristics of a good accountant.  I'm not sure how they figure that out, but they are very serious and sincere.  And the students seem to love it.  The company now leaves the game on all night, rather than shutting it down after "bedtime" so that students can play whenever they want to play.  With the cooperation, obviously, of the schools, the teachers, and the parents.  Wow!  Very impressive.  Kind of desperate.  And more than a little scary. To me at least...

What "War for Talent"?  Where?

The War is here in the good old USA.  You're stunned (unless you are a corporate HR manager).  I know - I was, too!  Going by the way that average job seekers are treated, the war for talent must be a truly "covert operation."  Even the CIA and FBI would be proud.

If there is so much competition for good employees, then, please, employers, do the following:

  • Don't ignore resumes and job applications or the people who have sent/submitted them.

    RESPOND!  When a resume is received, it would be nice to let the sender know that.  You don't have to instantly make a job offer.  Just let the applicant know that you received their resume and are proceeding with the hiring process.  It used to be called "common courtesy" but it's not common any more.
  • Attach a name and phone number to the job posting so job seekers can talk to real people about the posting.

    More often there is a note on the posting that says, "DON'T CALL!"  Why not?  If you are SO interested in hiring good applicants, in winning this war for talent, communicate with that talent or risk losing them to your competition.
  • Don't put applicants in voicemail jail.

    Answer the phone.  Be nice (or at least polite).  Job seekers are people, too, and, wonderful as you are in your job, you may be a job seeker someday, too.  Layoffs happen ALL the time.  If you haven't experienced that particular career transistion, consider yourself lucky. But, just don't consider yourself "safe."
  • Enough of the "active" vs. "passive" applicant garbage.

    Just because someone is currently employed (and, therefore, a "passive" applicant) doesn't mean they are actually good at their jobs, very desireable employees.  Think of some of your fellow employees.  All of them sterling corporate citizens, dependable and hardworking, too?  No?  Hmmm.... Isn't that interesting...

    Remember, the layoff fairy could tap you on the shoulder with his/her magic wand someday, too, dumping you into the deaded "active" applicant pool.  It doesn't mean you were bad at your job, just badly positioned when the axes started to fall.  It happens to other people too, all the time - imagine that.  Then imagine becoming instantly less qualified or desireable than some of the idiots you know who have jobs?  Make sense?  NO!
  • And, last but NOT least, don't require an applicant to put their SSN on their application or resume!

    You don't need that information until you hire them!  Is that data perfectly protected by everyone in the company?  No, probably not!  Why assume the risk of hurting so many people for no good reason!  Why assume that liability?  Dumb.  Dumb!  DUMB!

    Beside, smart applicants won't give you their real SSN.  And, they are doing it out of self-preservation, not because they want to lie on their application.

What Goes Around Comes Around

The applicants ignored or badly treaded today are people who may be the customers, shareholders, competitors, and business partners of tomorrow, or (maybe worse!) the bloggers, YouTubers, etc. of today.

Think of all the companies who've had their reputations shredded when the reality of how they operate becomes public.  What kind of impression are you leaving when you stiff arm job seekers? What kind of reputation is your company building for the future?

As our mothers tried to teach us when we were little kids, let's play together nicely.  Use what is known as "common courtesy" and the work world will be a nicer place for all of us.


    20 Best Jobs in America

    Money Magazine just came out with a great series of articles on the 20 Best Jobs in America:

    *  For the young and restless - http://money.cnn.com/galleries/2007/moneymag/0703/gallery.bestjobs_young.moneymag/

    *  For returning parents - http://money.cnn.com/galleries/2007/moneymag/0703/gallery.bestjobs_parents.moneymag/

    *  For those leaving the military - http://money.cnn.com/galleries/2007/moneymag/0703/gallery.bestjobs_military.moneymag/

    *  For those over 50 - http://money.cnn.com/galleries/2007/moneymag/0703/gallery.bestjobs_50plus.moneymag/

    Take a look.  Food for thought, if nothing else - jobs you would never have thought of, but which might be a good fit for you.


    Layoffs for Knowledge Worker Jobs Now

    The “knowledge worker” now faces what manufacturing workers have faced for several decades.  Their jobs are moving off shore to countries with lower labor costs.  But, the signs of a pending "off-shoring" that results in a layoff aren’t as obvious as they were in the past.

    Often, these employers are prosperous, but - feeling the pressure from stockholders to increase profits or from competitors with lower expense profiles - healthy companies announce massive layoffs as jobs are moved off shore to cheaper labor pools, like those in India and China.

    “For the most part, it is operations, back-office, support functions, but we’re not providing any more detail than that,” said Robert Julavits, a Citigroup spokesman.  On April 11, Citigroup announced a layoff of 17,000 employees and is moving 9,500 of those jobs to “lower-cost locations,” as reported by Sara Lebro in BankNet360.

    Newly Vulnerable Jobs

    According to Princeton economist and former Federal Reserve Vice Chairman Alan S. Blinder in the March 28, 2007, Wall Street Journal, off-shoring will pick up steam. Blinder sees the following jobs as “most vulnerable” – a surprising group of occupations:

    OccupationNo. of U.S.
    Workers
    Bookkeeping, accounting, and auditing clerks 1,815,340
    Computer programmers 389,090
    Data entry keyers 296,700
    Financial analysts 180,910
    Graphic designers 178,530
    Medical transcriptionists 90,380
    Interpreters and translators 21,930
    Actuaries 15,770
    Microbiologists 15,250
    Film and video editors 15,200
    Economists 12,470
    Mathematicians 2,930

    Past - Signs that a Layoff Is Coming

    In the past, we often had recognizable and predictable signals that a layoff was in the works for a particular employer.  The employer was usually in serious financial trouble – large drop in annual sales and profits or increase in losses, management shuffles or departures, poor product sales, etc.  See Job-Hunt’s Guide to Layoffs (Predict, Prepare, and Survive) for more tips.

    These signs are still valid for most companies, including large manufacturing companies (the U.S. automobile industry, for example), but now jobs are vulnerable - in otherwise apparently healthy companies. 

    New Signs a Layoff Is Approaching

    As we’ve seen, while the old signs are still good predictors, a lack of those signs is no guarantee of secure employment. If you are not physically touching a customer, your job may be at risk.  So, wait staff, HVAC technicians, computer network technicians, nurses and other health care workers, and others who have direct contact with customers are probably secure because they are difficult to replace with technology.  However, not all direct personal contact jobs are secure.  With all the ATM machines out there, even bank teller jobs may not be needed in the future, and Websites may take the loan or mortgage application rather than your friendly local bank or credit union loan officer.  This will be interesting, and undoubtedly painful, to watch unfold.

    Bottom Line

    Off-shoring manufacturing jobs seemed like an inevitable part of the growth of the world economy, as long as products essential for national defense were still produced here.

    However, speaking as a former member of the Department of Defense who also worked for a major IT defense contractor, off-shoring jobs as important and sensitive as the development and management of the U.S. financial infrastructure does not seem like a very good long-term strategy.  How truly secure is the resulting product/service?  Who owns that intellectual property, developed at U.S. expense?  How well is sensitive personal information about U.S. citizens and residents being protected?  Are we selling out our “core competency” as a country by unlimited off-shoring of knowledge worker jobs?  Kinda scary on a number of levels!


    Starting Salaries

    Question:

    What is the average starting salary for a job?

    Answer:

    The starting salary depends on a lot of things - the location, the industry (banking, telecommunicaitons, publishing, education, etc.), the function (finance, marketing, information technology, administration, etc.), the kind of job you want, the amount of education and experience required to do the job, the number of people who can do the job, the amount of money the employer can afford to pay, etc. So, it is extremely variable.

    Salary Ranges?

    Understand that most jobs have a "salary range" which means that not everyone who does the job is paid the same.  Not every one starts a job is at the same level of experience or has the same level of skill.  The difference in starting salary for the same job should reflect differences in experience, skills, and education, not anything else.  So, the bottom of the range is usually for someone new in the job, and the middle is for someone with a few years of experience.  Hopefully, before you hit to top of the range, you've been promoted to the next higher level job.

    True Cost of Your Salary

    Also, understand that for an employer, the "true cost" of an employee includes both their salary and their taxes and benefits, so the amount that actually ends up in your pocket will depend on the level of benefits the employers provide - vacation days, personal days, sick days, tuition reimbursement, medical insurance, life insurance, disability insurance, unemployment insurance, etc. etc.  So, one employer may seem to pay less, but they may actually provide better benefits.  And, of course, if you work more hours (40 vs 35) or a night shift, you should have better compensation.

    Finding Salary Data

    How can you find out the starting salary?

    1.)  Get a job offer and you'll get one piece of data.  Of course, it may not be the "market rate" for the job, so you need to compare a lot of job offers to see what the average is.  That's not easy to do, obviously.  Try an online job search (Monster, HotJobs, etc.) to see what the data shows on the jobs that actually list a salary.

    2.)  Salary.com and SalaryExpert.com provide some free information, so you can do some research at those sites.  Just keep in mind that the data may not be accurate for every employer because they usually reflect the salaries paid by very large companies. Smaller companies may need to pay less.

    3.)  See if you can talk with local people you trust who have the job you are looking for in the same or a similar employer.  Ask them if they can tell you in general how much money they are paid.  Then, compare their experience and yours to see what you might expect.

    Negotiating Your Salary

    Whenever you go into a salary negotiation - AFTER YOU'VE RECEIVED THE JOB OFFER - be sure to know the number that is your walk-away number. Don't accept a job for less than that number unless you are willing to stay at the job for a year or you don't have any choice.

    Realistic Expectations

    However, if you find yourself turning down more than 3 job offers because the money is too low, re-check your figures, adjust your salary expectations downward, change your target job, or change your location.  Something is wrong somewhere in your calculations.


    Best Cities for Jobs

    Forbes has some wonderful articles and lists related to business and jobs.

    Acccording to a Forbes article from this past May, the "Best Metro Areas for Business and Careers" are -

    5 Best Job Growth Locations:

    1. Cape Coral, FL
    2. Naples, FL
    3. Port St. Lucie, FL
    4. Las Vegas, NV
    5. McAllen, TX

    5 Worst Job Growth Locations:

    1. Detroit, MI
    2. San Francisco, CA
    3. New Orleans, LA
    4. Hickory, NC
    5. San Jose, CA

    Top 10 Large Metro Areas for Business and Careers:

    1. Albuquerque, NM
    2. Raleigh, NC
    3. Houston, TX
    4. Boise, ID
    5. Knoxville, TN
    6. Phoenix, AZ
    7. Nashville, TN
    8. Durham, NC
    9. Fayetteville, AR
    10. Indianapolis, IN

    Top 10 Smaller Metros for Business and Careers:

    1. Sioux Falls, SD
    2. Las Cruces, NM
    3. Fargo, ND
    4. Bismark, ND
    5. Morgantown, WV
    6. Rapid City, SD
    7. Rochester, MN
    8. St. George, UT
    9. Johnson City, NT
    10. Logan, UT

    Forbes - Best Places for Business and Careers - be sure to allow popups because some of the related information will appear in small windows that just popup when you click on the link.


    Hot Industries for 2006

    The U.S. Department of Labor is forecasting the following industries and careers to be high growth through 2012. That should mean opportunity for you. Take a look at this information, and see where you could fit.

    Emerging Industries

    According to the U.S. Department of Labor, the emerging industries are biotechnology, geospatial technology, and nanotechnology.

    All of which sound fairly intimidating to the non-technologists among us until you remember that every snazzy technology needs all the usual marketing and sales, administrative, financial, and logistical support that every business (and technology) needs. Many also require manufacturing or other production process as well as customer support, etc.

    So, don’t be discouraged by the perhaps exotic technology labels. Many technician jobs don’t require a college degree and some do not even require a high school diploma, according to the U.S. Department of Labor.

    What are those industries?

    Biotechnology

    According to the Wikipedia, Biotechnology is "a technology based on biology, especially when used in agriculture, food science, and medicine."  According to the UN, "Biotechnology means any technological application that uses biological systems, living organisms, or derivatives thereof, to make products or processes for specific use."

    Major "core" occupational fields within Biotechnology:
    1. Research and Development - the foundation for biotechnology
    2. Quality Control and Assurance - meeting specifications for precision and safety
    3. Manufacturing and Production - making the products
    4. Agriculture - the future of farming in the 21st century
    5. Bioprocessing - producing a biological material for commercial use
    6. Bioinformatics - the computer basis of the science

    U.S. Dept. of Labor analysis and outlook for Biotechnoology - Click on the "In-Demand Occupations" link to see the various associated occupations, the projected growth, the projected salary (US $ per hour rate), and the education required.

    Geospatial Technology –

    According to the Wikipedia, Geospatial Technology "refers to technology used for visualization, measurement, and analysis of features or phenomena that occur on the earth...is synonymous with Spatial Information Technology" in the U.S.

    Major "core" occupational fields within Geospatial Technology:

    1. Photogrammetry - obtaining reliable measurements, maps, elevation models, etc. from aerial and space photography
    2. Remote Sensing - obtaining information about the Earth from a distance
    3. GIS (Geographic Information Systems) computer systems that work with, interrelate, and analyze the spatial data

    U.S. Dept. of Labor analysis and outlook - Click on the "In-Demand Occupations" link to see the various associated occupations, the projected growth, the projected salary (US $ per hour rate), and the education required.

    Nanotechnology

    According to the Wikipedia, Nanotechnology is "the design, characterization, production, and application of structures, devices, and systems by controlling shape and size at the nanoscale.  Eight to 10 atoms span one nanometer.  The human hair is approximately 70,000 to 80,000 nm thick."

    The core occupational skills within Nanotechnology:

    1. Basic Research and Development - understanding and controlling matter at dimensions of roughly 1 to 100 nanometers ("nm") - microscopic levels where unique phenomena enable novel applications.
    2. Commercial Applications and Products - development of the new products based on nanotechnology.

    U.S. Dept. of Labor analysis and outlook - Click on the "In-Demand Occupations" link to see the various associated occupations, the projected growth, the projected salary (US $ per hour rate), and the education required.

    You need to do something that interests you, of course, but if you are not sure which industry to enter, take a look at these, and you might be getting in on the ground floor of a great future.


    Hot Jobs for 2006

    According to the U.S. Department of Labor, the following occupations have the greatest potential for growth through 2014. The greatest growth is actually projected to be in the higher income bracket.

    As you go through this list, there are some important things to remember. Salaries depend on a number of things including supply (vs. demand) of qualified people in the job's location, the stress or danger involved, and the knowledge/education required to do the job successfully.

    Don't target a field just because of the salary. Enjoyment and job satisfaction are critical for most people to perform a job successfully.

    The salary levels and educational requirements given below are for entry level jobs in the named field. These are listed below by annual earnings. Those occupations with the greatest demand are the highest in each list.

    Annual earnings of $43,605 or better
  • College/university professors - doctoral degree required (job with the greatest projected job growth)
  • Computer software application engineers - bachelor's degree required
  • Computer systems analyst - bachelor's degree required
  • Computer systems software engineers - bachelor's degree required
  • Network systems and data communications analysts - bachelor's degree required
  • Network and computer systems administrators - bachelor's degree required
  • Dental hygienists - associate degree
  • Physical therapists - master's degree
  • Database administrators - bachelor's degree
  • Physician assistants - bachelor's degree
  • Occupational therapists - master's degree
  • Medical scientists (excluding epidemiologists) - doctoral degree
  • Diagnostic medical sonographers - associate degree
  • Environmental engineers - bachelor's degree
  • Forensic science technicians - associate degree
  • Hydrologists - master's degree
  • Biomedical engineers - bachelor's degree

    Annual earnings of $28,590 to $43,604
  • Paralegals and legal assistants - associate degree
  • Employment, recruitment, and placement specialists - bachelor's degree
  • Physical therapist assistants - associate degree
  • Cardiovascular technologists and technicians - associate degree
  • Hazardous materials removal workers - moderate-term on-the-job training
  • Occupational therapist assistants - associate degree

    Annual earnings of $20,185 to $28,589
  • Medical assistants - moderate-term on-the-job training
  • Preschool teachers (except special ed) - training after high school
  • Dental assistants - moderate-term on-the-job training
  • Veterinary technologists and technicians - associate degree
  • Physical therapist aides - short-term on-the-job training

    Annual earnings of $20,184 or less
  • Home health aide - short-term on-the-job training
  • Personal and home care aides - short-term on-the-job training

    For more information:

    The U.S. Department of Labor's Bureau of Labor Statistics contains a wealth of data on occupations and industries. Check it out.

  • 100 Best Companies to Work for in America

    From the Great Place to Work Institute (isn't that a great name!)

    Pick the job you want.  Then, pick the industry and location.  Finally, when you are ready to pick the company, this list is a good starting point, and it is archived back to 1998 -

    This year: 100 Best companies to Work for in America

    Additional lists as well as directories of employers are available on Job-Hunt's "Pick Your Next Employer" page.


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