Monster.com
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

Monster.com

on

  • 2,099 views

Eric Winegardner, VP of Client Adoptions for Monster.com- "Placement and Recruiting Issues to Confront Our Surging Enrollments"

Eric Winegardner, VP of Client Adoptions for Monster.com- "Placement and Recruiting Issues to Confront Our Surging Enrollments"

Statistics

Views

Total Views
2,099
Views on SlideShare
2,093
Embed Views
6

Actions

Likes
1
Downloads
46
Comments
0

2 Embeds 6

http://www.slideshare.net 5
https://www.mturk.com 1

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Monster.com Presentation Transcript

  • 1. Placement & Recruiting Issues to Confront Surging Enrollment Pearson Learning Solutions Summit PRESENTED BY: Eric Winegardner VP, Client Adoption December 9, 2009
  • 2. Who is this guy? Self-proclaimed Recruiting Dork Ran US Recruiting for Fortune 500 Financial Services Co “The Monster Guy” > VP, Client Adoption • Post Sale Client Training • Consulting Services > Brand Ambassador • Traditional and Social Media Study and attempt to redefine the World of Work © 2009 Monster Worldwide
  • 3. Agenda Current Employment Landscape Attempt to Foresee the Future Opportunities around Placement Open Forum Q&A ATTEMPT to steer clear of Social Media > Leave that to Juliette Powell! © 2009 Monster Worldwide
  • 4. Macro Economic Indicators
  • 5. National Unemployment Rate • 10.0% in November, 15.4 million jobless individuals • 38.4% unemployed longer than 27 weeks, 5.9 million © 2009 Monster Worldwide
  • 6. Monthly Payroll Growth © 2009 Monster Worldwide
  • 7. Payroll Employment Growth 7
  • 8. Monster Employment Index (MEI) © 2009 Monster Worldwide
  • 9. November MEI Data 9
  • 10. November MEI Data 10
  • 11. Full Reports Available Online at: www.hiring.monster.com Resource Center – Market Intelligence 11
  • 12. Jobs Lost and Gained During Recession 12
  • 13. Shrinking Sectors 13
  • 14. Growing Sectors 14
  • 15. Projected Occupation Growth 2006-2016 15
  • 16. Projected Occupational Growth 2006-2016 16
  • 17. Projected Occupational Growth 2006-2016 17
  • 18. What’s Missing? 18
  • 19. What’s Missing? The GREEN JOBS Movement! 19
  • 20. Green Jobs How many of you are focused on this area? What IS a Green Job? 20
  • 21. Green Jobs One of the most debated topics in our Industry American Recovery & Reinvestment Act > $80 Billion set aside for Clean Energy Investments > $600 Million in Job Training around Green Industry Excellent Source of Information > O*Net Report • Greening of the World of Work: Implications for O*NET-SOC and New and Emerging Occupations • 119 pages of light reading on definitions of Green Jobs • Cliff Notes: Appendix F: New & Emerging Occupations (91) http://www.onetcenter.org/reports/Green.html 21
  • 22. Question: True/False There are currently 6 unemployed people for every available job? Answer: TRUE 22
  • 23. Question: True/False There needs to be GROWTH in order to have Placement? Answer: FALSE 23
  • 24. Your Graduates MUST Compete for Jobs! It’s the new reality in the World of Work 24
  • 25. Question: Essay Is this good or bad? Answer: Discuss 25
  • 26. Research by Monster & Human Capital Institute (HCI)
  • 27. Recent Research with the Human Capital Institute (HCI) May/June 2009 survey of over 700 companies and nearly 5,000 active & passive job seekers. What’s the impact of the current recession on work and the workforce? How can you capitalize on shifts in employee attitudes? 2009 Monster © and Human Capital Institute ©
  • 28. Where the 21st century is headed. . . . 2009 Monster © and Human Capital Institute ©
  • 29. Employer Perspectives
  • 30. What employers told us . . . A quarter of companies have cut their low-performing product lines 16% have closed plants or offices More than half of companies have cut their budgets across the board 61% cut budgets in specific business units Only 38% have taken advantage of the talent available in the market for selective new hiring. 2009 Monster © and Human Capital Institute ©
  • 31. Employers are feeling the recession . . . 67% have decreased or eliminated wage increases and bonuses 43% have implemented layoffs 44% have implemented a hiring freeze 2009 Monster © and Human Capital Institute ©
  • 32. Like HR, workforce programs are relatively less affected 2009 Monster © and Human Capital Institute ©
  • 33. Will the composition of the workforce change to include more contractors? 28% of employers predict more use of contractors and interim executives, only half as many (14%) foresee fewer 34% of worker respondents expressed an increased likelihood that they would consider leaving their jobs to start their own business or become an independent contractor 30% reported that their interest in being a free agent has diminished due to the recession 2009 Monster © and Human Capital Institute ©
  • 34. Both employers and workers are concerned about top performers leaving the organization Employers Workers More or less concerned “Some top performers are about top talent attrition leaving, causing me concern”. . 2009 Monster © and Human Capital Institute ©
  • 35. Job Seeker Perspectives
  • 36. Worker perceptions of the future have changed Employers have benefited from the swing of the labor market pendulum > Young workers will accept lower level jobs > Workers believe in a non-traditional retirement > Most workers are over stressed and fearful > Many employees are working harder and feel it is mandatory to keep their job Employers do face heightened attrition risk Pay remains the dominant motivation regardless of the economy 2009 Monster © and Human Capital Institute ©
  • 37. Workers expect the workforce will change significantly due to the recession Workers’ Views on a Changing Workforce Neutral 2009 Monster © and Human Capital Institute ©
  • 38. Workers expect compensation, including base pay, benefits, career advancement and retirement to be impacted significantly Workers Expectations on Compensation and Career Advancement 2009 Monster © and Human Capital Institute ©
  • 39. Today, employees may be “just happy to have a job” … “Just HAPPY to have a job” 2009 Monster © and Human Capital Institute ©
  • 40. … and most may be working harder … How has the recession impacted your attitudes and behaviors toward your job and career in terms of Work Overload caused by layoffs? – Working Harder? 2009 Monster © and Human Capital Institute ©
  • 41. More employees are searching for jobs elsewhere … . . . And are less productive 2009 Monster © and Human Capital Institute ©
  • 42. The recession has changed their attitudes toward their employers The leadership appears to be less The leadership is less The leadership is inclined to use concerned about employee retention tolerant of dissent and worker insecurities to drive longer than prior to the recession challenges to its authority hours, lower pay or other concessions 2009 Monster © and Human Capital Institute ©
  • 43. This translates into what we believe is a new “normal” for employers . . . 2009 Monster © and Human Capital Institute ©
  • 44. What does this mean in a recovery? Mass exodus of employees, new opportunities for your graduates! 44
  • 45. How will YOU capitalize on this new “normal?” Treat Employees as “Consumers of Work”. © 2009 Monster Woldwide
  • 46. Questions? © 2009 Monster Worldwide
  • 47. Thank You! Eric Winegardner VP, Client Adoption eric.winegardner@monster.com ewmonster © 2009 Monster Worldwide