41 percent of people who graduated from college within the past two years are underemployed or working in jobs that do not require a college degree. “A solution is sorely needed to bridge the disconnect between employers that are concerned about college graduates being unprepared for available jobs and the graduates who feel overqualified for them,” said David Smith, senior managing director of Accenture’s Talent & Organization practice. Click here to learn several tips for how employers can improve how they hire and foster young employees.
Companies hired the fewest employees in seven months in April while manufacturing growth slowed to a crawl, suggesting the economy has run into a soft patch as budget-cutting in Washington starts to bite. Read more on Reuters.com.
Portland just passed a local paid sick leave ordinance in March, and New York City is poised to do the same. This new law, follows a template set by a handful of other cities, and Connecticut, in the last seven years. Businesses with at least six employees have to provide one hour of paid sick leave for every 30 hours an employee works, up to 40 hours a year, as well as protect the employee’s job. Companies with five or fewer employees must offer the same amount of unpaid, job-protected time off. An employee must work at least 240 hours before becoming eligible. As you can imagine, business owners have mixed feelings on the law.
Read more in this New York Times article.
While much of the talent gap in the U.S. is fueled by a sheer lack of high skill labor for in-demand occupations, a recent CareerBuilder study of more than 2,000 companies suggests that employers may unwittingly be playing a part. According to the study, half of hiring managers say they limit their candidate pools by only looking at applicants with specific job titles. Companies must broaden their search to make sure they are not writing off top candidates. Read more in this Harvard Business Review blog.
Yes, it’s nice to have friends at work to chat with at the lunch table, but how close is too close when it comes to coworkers? Check out this Ragan.com article and learn four reasons for NOT making coworkers your close friends.