…When Alcoa needed to fill a spot on its executive management team recently, it didn’t have to look very far to find an incredibly qualified candidate—and odds are, the aluminum company didn’t need to …
CareerJournal- Career Tip of the Week How to Land an Assignment Abroad
At most companies, only top performers are awarded the opportunity to work overseas, says Rich Folts, a partner in the Chicago office of executive-search firm Battalia Winston International. If you’re eager to cross borders, be proactive by openly discussing your interest with your manager and human-resources …
Morgan Stanley to Reduce Headcount by 5% in 2008 By Christine Harper
Morgan Stanley, the second-biggest U.S. securities firm, plans to reduce headcount as much as 5 percent in the next few months after bets on subprime mortgages saddled the bank with a $3.6 billion fourth-quarter loss…
Job-Market Strategies for Graduates By SARAH E. NEEDLEMAN
Later this month, Mary Beth Lease will graduate from Iowa State University with a stellar academic record. But when it comes to securing a job, she’s afraid she’ll receive a failing grade due to the slumping economy.
“I’ve had lots of interviews and I still don’t have a job,” says the marketing major, who boasts …
A New Spin on Old Management Challenges For the uninitiated, managing operations that span countries, time zones, and cultures requires new skill sets.By Alan R. Earls
In the not-too-distant past, relatively few companies were global, and those that were, more often than not, were solidly based in one country with adjunct operations outside their national border. …
Benefits Update: Shifting Priorities in an Uncertain Economy By Dona DeZube
Salary alone isn’t enough to attract the best candidates in accounting or finance. Today, benefits have become the top priority of professionals looking for a new career challenge, surpassing the lure of work/life flexibilities, signing bonuses and extra vacation. Survey data from such divergent sources …
Credit Suisse Cutting 500 Jobs as Client Demand Wanes By Christine Harper
Credit Suisse Group, Switzerland’s second-biggest bank, is cutting 500 jobs in its investment banking and administrative support divisions as demand for the firm’s services declines.
The cuts bring to 1,320 the total number of jobs eliminated by the Zurich-based bank since the collapse of the …
World’s Most Influential Headhunters Dale Winston Chairwoman, CEO, Battalia Winston, U.S. Member Firm of Amrop Hever
Advice: Emerging leaders must understand that obtaining industry leadership requires more than just knowledge and skill sets. The best leaders are engaging, proactive, and visible. Emerging leaders need to quickly master the fundamentals of the industries …
Working it Out: How to recession-proof your job. By Tara Weiss
Whether we’re actually in a recession or not is the subject of debate.
What is certain is the rising unemployment rate. U.S. unemployment rose to 5 percent for the first time in two and a half years in December. That’s likely a result of the fallout from the subprime mortgage crisis—and there’s probably more …
Santa Clara County unemployment rate jumps By Pete Carey
The subprime mortgage crisis gobbled up more of the region’s jobs in retail, construction and finance in March, but the impact was cushioned by a resilient Silicon Valley technology sector….
…But even in the tech world, there are reports that companies are taking longer to fill jobs.
“There is hiring …