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As 2014 draws to a close, here’s a review of the top staffing management stories that are worth another look:
Gen Z Could Soon Pose Greater HR Challenges
As some teenaged tech wizards draw posh Silicon Valley salaries and many high school graduates plan on skipping college and entering the labor force, a growing number of employers are starting to ponder how Generation Z may shape, and shake up, the U.S. workplace. Generation Z—those roughly age 17 and younger—are expected to handle work and life differently than previous generations and possibly pose new challenges to employers in the coming years. While they might share some similarities with members of Generation Y (also known as Millennials) who were born right before them, members of Generation Z are likely to be more inclined to break with traditions and test authority, some experts suggest.
Attitudes Shift Regarding When to Discuss Compensation During Recruitment
For years, the conventional wisdom has been that job seekers should wait to ask about compensation until later in the recruiting process, but that attitude appears to be changing, according to a survey released by the staffing services consulting group Robert Half. Nearly a third of HR managers responding to the survey reported that they thought it was acceptable for applicants to ask about compensation and benefits in the first interview; another 38 percent said that it was an acceptable topic during the second interview.
Jobs Training Bill Now Law
A jobs training bill supported by the Society for Human Resource Management and other employer groups was signed into law by President Barack Obama on July 22, 2014. The new law is designed to help unemployed U.S. workers acquire the skills they need to find jobs by streamlining and untangling a complex web of federal workforce training programs. The law requires local workforce development boards to cooperate and consult more with business owners in an attempt to make government-supported training programs more responsive to employer needs.
Job Creation to Slow, but Many HR, Health Care Openings Expected
Slower population growth, decreased participation in the workforce and lower economic demand will combine to reduce the pace of job creation over the next 10 years, according to estimates from the U.S. Bureau of Labor Statistics (BLS). In the agency’s forecast, Employment Projections 2012-2022, BLS researchers predict that total employment will increase 10.8 percent, or by 15.6 million jobs, from 2012 to 2022. The projection averages out to an annual growth rate of 0.5 percent per year, which is down from a 0.7 percent annual job growth during the previous 10 years.
Prevalence of Low-Wage Jobs Could Be Economy’s Next Problem
A new government report on the labor market shows a post-recession prevalence of low-wage, low-skill jobs, and some experts contend this could spell trouble for the U.S. economy. The U.S. Bureau of Labor Statistics’ annual report on occupational employment and wages revealed that the majority of the 10 most common U.S. occupations—such as retail salespeople and cashiers—are now on the low end of the wage scale.
Reality Show Puts Recruiters to the Test
The third season of the reality-based Internet show “Top Recruiter: The Competition—Miami” premiered in September 2014. The show’s producers claim that the HR-based reality show is a hit, with nearly 5 million online viewers. The show features six corporate recruiters from a variety of industries and U.S. regions. The contestants travel to Florida and live together for a week in a Miami-area mansion.
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