Top 10 reasons that makes an Employee Unhappy

clipped from www.rediff.com Unfair rewards and recognition Office politics Un-cooperative team Unreasonable boss Insufficient compensation Constant threat to job security Lack of responsibility in the current job No clear career path Seating location Lack of basic facilities at workplace

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Use a "Forward-Thinking" Recruitment Approach

Source: eGrabber Newsletters

An economic downturn may be the best time to get new recruits. With companies resorting to cost-cuts, corporate downsizing and layoffs are in the news everyday. This is a scenario where organizations actively release top talent into the job market; a rare opportunity with few or no job openings and a considerable pool of available top talent.

A "Forward-Thinking" recruitment approach lets you make the most out of talent that is without work in the market. This is the time to replace weak employees in your company (or at your clients') with the best in the market. Seek out departments or business units in your organization that have the potential to perform or grow during a recession and staff them with new hires. You should also look at long-term recruitment objectives and hire talent that will contribute to growth once the economy rebounds. Understand that it costs much less to hire during a downturn.

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Yahoo to announce layoffs this Week

clipped from www.alleyinsider.com We heard whispers of this last week, and now the Merc is hearing them, too: Yahoo will reportedly announce its mass firings on the earnings call this week. A reader tells us the company has scheduled an all-hands meeting in Sunnyvale on Wednesday, presumably to deliver the message that all Yahoo employees already got from the Merc and Google News. Let's just hope Yahoo isn't dumb enough to announce the firings now and then wait until mid-December to actually make them. Let's also hope the company doesn't cut too few people and then have to go through the same horrific process again in Q1.

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AdBrite cuts 40% Staff to survive the downturn

clipped from www.mediapost.com Online ad network AdBrite is laying off 40% of staff, or about 40 employees, as it restructures amid an economic slowdown chilling both online and offline ad spending. AdBrite is the second company backed by Sequoia Capital to make significant employee cutbacks following the now-famous meeting the venture firm held last week with portfolio company CEOs, stressing the need to control costs and become profitable to survive the downturn.

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Increase in the % Workers participating in Employee Retirement Plans

clipped from workforce.com The percentage of all workers participating in employment-based retirement plans was 41.5 percent in 2007, up from 39.7 percent a year earlier, according to a study by the Employee Benefit Research Institute. Among full-time workers 21 to 64 years old, 55.3 percent were in an employment-based plan in 2007, up from 52.7 percent the previous year, according to a news release on the study issued by EBRI in Washington. Other findings in the study were: • 63.9 percent of workers 55 to 64 were in a retirement plan in 2007, compared with 28 percent of workers ages 21 to 24. • 57 percent of full-time female workers participated in a plan in 2007, compared with 54 percent of male workers. • Florida had the lowest representation of workers participating in plans in 2007, at 42 percent. Wisconsin had the highest participation rate, at 68 percent.

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eGrabber Forms Strategic Partnership with Zoho

Source: eGrabber Press Release

San Jose, CA, Oct 09, 2008 - eGrabber, the leading Silicon Valley-based provider of sales lead and resume data capture and processing solutions, announced ResumeGrabber Pro support for Zoho People. This integration will allow Zoho People users to auto-extract resumes from the Internet, Outlook inbox, PC folders, etc. and have them entered into Zoho People.

The partnership between eGrabber and Zoho will be a wide-ranging relationship that will leverage the complementary core strengths of both these organizations to the benefit of the customer.

"This collaboration with Zoho provides a combined scope with opportunities to significantly extend our solutions to a much wider audience" said Chandra Bodapati, CEO, eGrabber. "This partnership will benefit Zoho People users immensely as it will transform the way they source and process resumes."

eGrabber's solutions will completely eliminate the pain of having to manually screen every resume and copy-paste contact information from each selected resume into Zoho People. One has to simply select the resume or contact information and click on ResumeGrabber to enter resumes into Zoho People.

"This partnership will give recruiters exactly what they need to improve their productivity manifold" said Sridhar Vembu, CEO, AdventNet. "Combining eGrabber's patented data-capture solutions with Zoho People will add incredible efficiency to the workflow and maximize revenues."

ResumeGrabber for Zoho People is priced at an annual subscription fee of $495 only. For more information on the product, please visit http://www.egrabber.com/resumegrabberpro/

Information on all other products, including ResumeFinder, ResumeGrabber Professional and ListGrabber Professional, can be found at http://www.egrabber.com/

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General Motors eyes more job cuts

clipped from www.vindy.com General Motors Corp. is likely to announce further production cuts and possible plant closures as early as next week as it deals with slumping sales and a collapse in its stock price, a person with knowledge of the company’s plans said Friday. The person, who did not want to be identified because the plans are not finalized, said the cuts likely will hit engine, transmission and stamping operations to correspond with a June announcement that GM would close four truck and sport utility vehicle assembly plants. The closure dates for those plants likely will be accelerated, the person said. GM announced last week that its Moraine, Ohio, SUV factory will close Dec. 23, and it has said it will idle assembly factories in Oshawa, Ontario; Toluca, Mexico; and Janesville, Wis., by 2010.

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