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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> USA Today

26 percent of business (with over 250 employees) increasing headcount in Q3

Posted by RJ and Makay on Aug 09, 2010

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CareerBuilderFemale with Binoculars and USA TODAY released their Mid-Year Job Forecast 2010 report. The report finds more of the same for the second half of the year. The report is jammed with statistics and human capital outlook information. More than 2,500 hiring managers and HR pros and 4,400 workers across industries participated in the survey.

Here's our summary of the stats and data in the report:

  • 41 percent of hiring managers plan to hire in the months of July through December
  • 42 percent of hiring managers don't plan to hire anymore this year
  • One-in-five plan to hire full-time, permanent employees in Q3
  • 24 percent of hiring managers reported they increased their full-time, permanent staff in Q2
  • 11 percent of hiring managers report decreasing headcount in Q2, an improvement from 17 percent last year
  • 21 percent of employers plan to augment their full-time permanent headcount in Q3 compared to 8 percent who expect to downsize

Private income drops to historic lows in Q1

Posted by Darin Manis on Jun 01, 2010

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According to a USA TODAY analysis of Scales of Justicegovernment data, private business paychecks shrank to their smallest share of personal income in U.S. history during Q1 this year. Meanwhile, during the same quarter, benefits provided by the government such as Social Security, unemployment insurance, food stamps and other programs reached a historic high.

This brings focus to a long-term trend which has been recently accelerated by the economy and the government's efforts to help dull pain inflicted by such a long and deep recession.

Media executive pay hypocrisy?

Posted by Darin Manis on May 06, 2010

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The media has been lamenting about the executive bonuses on Wall Street especially hard last year. The general theme: Execs shouldn't get bonuses if their firms aren't performing well. I think most of the general public buys into performance based bonuses. Bonuses given in proportion to the revenues, profits or other defined set of goals does sound logical.

The Red ChairSo, let's see what executive compensation looks like in the media industry. They obviously must have a handle on executive bonuses and the right way of doing things right? Well, not exactly. Look at what these media CEOs make PER DAY.

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