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Two-in-three employers report a bad hire affected business in last year, while nearly 60 percent have a cost per hire of more than $1,000

December 14th, 2010

As companies prepare their recruitment plans for 2011, avoiding bad hires will be a priority. With unemployment hovering around 9.5 percent, the job market is flooded with qualified candidates. Yet even with all the top talent available, time pressures, strained resources and a lack of insight into target talent have been a challenge to employers [Read more...]

In impeachment trial, Senate convicts and disbars federal judge

December 13th, 2010

In a relatively rare event, the U.S. Senate this week convicted a federal judge on four articles of impeachment. Two-third of the senators present on Dec. 8 found G. Thomas Porteous, Jr., a federal district judge from eastern Louisiana, guilty on four articles of impeachment passed out of the House of Representatives in March. The [Read more...]

Expert lists top 10 ways to boost employee productivity in 2011

December 13th, 2010

Statistics reveale that the average executive wastes excessive amounts of time retrieving misplaced information on desks or in files. At a salary of $75K per year, this loss in productivity could translate to 12.3 percent of total earnings. As we approach 2011, how can businesses minimize inefficiency and increase employee productivity while also boosting job [Read more...]

Retirement benefits helping employers attract and retain new workers, Towers Watson survey finds

December 10th, 2010

Retirement benefits — especially defined benefit (DB) programs — are giving employers an added advantage when it comes to attracting and retaining new employees, according to a survey of US workers conducted by global professional services company Towers Watson.
The survey of more than 3,000 employees, conducted in May and June of 2010, found that 60 [Read more...]

Battle between Wisconsin governor-elect and unions intensifies; U.S. – Korea Free Trade Agreement attacked

December 10th, 2010

The battle between Wisconsin Governor-elect Scott Walker and that state’s public unions has intensified over the last several days, with Walker threatening to decertify the unions if they fail to agree to pay more for their members’ health care and pensions. According to published reports, Walker says requiring state workers to make a five percent [Read more...]