Placement & Recruiting
  Issues to Confront
  Surging Enrollment
Pearson Learning Solutions Summit

         PRESENTED BY:...
Who is this guy?

        Self-proclaimed Recruiting Dork
        Ran US Recruiting for Fortune 500 Financial Services Co
...
Agenda

        Current Employment Landscape
        Attempt to Foresee the Future
        Opportunities around Placement
...
Macro Economic Indicators
National Unemployment Rate
        • 10.0% in November, 15.4 million jobless individuals
        • 38.4% unemployed longer...
Monthly Payroll Growth




© 2009 Monster Worldwide
Payroll Employment Growth




                            7
Monster Employment Index (MEI)




© 2009 Monster Worldwide
November MEI Data




                    9
November MEI Data




                    10
Full Reports Available Online at:
      www.hiring.monster.com
Resource Center – Market Intelligence



                  ...
Jobs Lost and Gained During Recession




                           12
Shrinking Sectors




                    13
Growing Sectors




                  14
Projected Occupation Growth 2006-2016




                           15
Projected Occupational Growth 2006-2016




                            16
Projected Occupational Growth 2006-2016




                            17
What’s Missing?




                  18
What’s Missing?

 The GREEN JOBS Movement!




                    19
Green Jobs

 How many of you are focused on this area?

 What IS a Green Job?




                                       20
Green Jobs
 One of the most debated topics in our Industry
 American Recovery & Reinvestment Act
 > $80 Billion set aside ...
Question: True/False

   There are currently 6 unemployed
     people for every available job?


            Answer: TRUE
...
Question: True/False

 There needs to be GROWTH in order
         to have Placement?

           Answer: FALSE




       ...
Your Graduates MUST Compete for Jobs!

 It’s the new reality in the World of Work




                                 24
Question: Essay

         Is this good or bad?

          Answer: Discuss




                           25
Research by Monster &
Human Capital Institute (HCI)
Recent Research with the Human Capital Institute (HCI)
                      May/June 2009 survey of over 700 companies an...
Where the 21st century is headed. . . .




2009 Monster © and Human Capital Institute ©
Employer Perspectives
What employers told us . . .


          A quarter of companies have cut their
          low-performing product lines

   ...
Employers are feeling the recession . . .


        67% have decreased or
        eliminated wage increases
        and bo...
Like HR, workforce programs are relatively less affected




2009 Monster © and Human Capital Institute ©
Will the composition of the workforce change to
    include more contractors?

        28% of employers predict more use o...
Both employers and workers are concerned about top
     performers leaving the organization




                          ...
Job Seeker Perspectives
Worker perceptions of the future have changed


        Employers have benefited from the swing of
        the labor marke...
Workers expect the workforce will change significantly
     due to the recession
                                         ...
Workers expect compensation, including base pay,
     benefits, career advancement and retirement to be
     impacted sign...
Today, employees may be “just happy to have a job” …



                                               “Just HAPPY to have...
… and most may be working harder …

    How has the recession impacted your attitudes and behaviors toward your job
    an...
More employees are
     searching for jobs elsewhere …




                                               . . . And are le...
The recession has changed their attitudes toward
     their employers

     The leadership appears to be less            T...
This translates into what we believe is a new “normal” for
     employers . . .




2009 Monster © and Human Capital Insti...
What does this mean in a recovery?

 Mass exodus of employees, new opportunities for your
 graduates!




                ...
How will YOU capitalize on this new “normal?”

                     Treat Employees as “Consumers of Work”.




© 2009 Mon...
Questions?




© 2009 Monster Worldwide
Thank You!




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

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Monster.com

  1. 1. Placement & Recruiting Issues to Confront Surging Enrollment Pearson Learning Solutions Summit PRESENTED BY: Eric Winegardner VP, Client Adoption December 9, 2009
  2. 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. 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. 4. Macro Economic Indicators
  5. 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. 6. Monthly Payroll Growth © 2009 Monster Worldwide
  7. 7. Payroll Employment Growth 7
  8. 8. Monster Employment Index (MEI) © 2009 Monster Worldwide
  9. 9. November MEI Data 9
  10. 10. November MEI Data 10
  11. 11. Full Reports Available Online at: www.hiring.monster.com Resource Center – Market Intelligence 11
  12. 12. Jobs Lost and Gained During Recession 12
  13. 13. Shrinking Sectors 13
  14. 14. Growing Sectors 14
  15. 15. Projected Occupation Growth 2006-2016 15
  16. 16. Projected Occupational Growth 2006-2016 16
  17. 17. Projected Occupational Growth 2006-2016 17
  18. 18. What’s Missing? 18
  19. 19. What’s Missing? The GREEN JOBS Movement! 19
  20. 20. Green Jobs How many of you are focused on this area? What IS a Green Job? 20
  21. 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. 22. Question: True/False There are currently 6 unemployed people for every available job? Answer: TRUE 22
  23. 23. Question: True/False There needs to be GROWTH in order to have Placement? Answer: FALSE 23
  24. 24. Your Graduates MUST Compete for Jobs! It’s the new reality in the World of Work 24
  25. 25. Question: Essay Is this good or bad? Answer: Discuss 25
  26. 26. Research by Monster & Human Capital Institute (HCI)
  27. 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. 28. Where the 21st century is headed. . . . 2009 Monster © and Human Capital Institute ©
  29. 29. Employer Perspectives
  30. 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. 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. 32. Like HR, workforce programs are relatively less affected 2009 Monster © and Human Capital Institute ©
  33. 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. 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. 35. Job Seeker Perspectives
  36. 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. 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. 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. 39. Today, employees may be “just happy to have a job” … “Just HAPPY to have a job” 2009 Monster © and Human Capital Institute ©
  40. 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. 41. More employees are searching for jobs elsewhere … . . . And are less productive 2009 Monster © and Human Capital Institute ©
  42. 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. 43. This translates into what we believe is a new “normal” for employers . . . 2009 Monster © and Human Capital Institute ©
  44. 44. What does this mean in a recovery? Mass exodus of employees, new opportunities for your graduates! 44
  45. 45. How will YOU capitalize on this new “normal?” Treat Employees as “Consumers of Work”. © 2009 Monster Woldwide
  46. 46. Questions? © 2009 Monster Worldwide
  47. 47. Thank You! Eric Winegardner VP, Client Adoption eric.winegardner@monster.com ewmonster © 2009 Monster Worldwide
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