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John Hoderny
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5 months ago
in How in the Hell Do You Lose 71,400 Jobs in One Day? on KnowHR Blog
I'm skeptical of the numbers. I can't help but wonder if job loss reports are misleading at best. Doesn't a report of losing 100 jobs really mean:
1) We're not going to fill 40 of the jobs we have posted.
2) We're not going to fill the 10 jobs we were thinking about posting.
3) 5 jobs were about to retire anyway, we won't replace them.
4) We'll let natural attrition take care of 10 jobs
5) We were trying to find a way to get rid of 10 people anyway, but didn't have the perf. mgmt paperwork in line to let them go.
6) Finally, about 25 truly undeserving employees will get pink slips.
1) We're not going to fill 40 of the jobs we have posted.
2) We're not going to fill the 10 jobs we were thinking about posting.
3) 5 jobs were about to retire anyway, we won't replace them.
4) We'll let natural attrition take care of 10 jobs
5) We were trying to find a way to get rid of 10 people anyway, but didn't have the perf. mgmt paperwork in line to let them go.
6) Finally, about 25 truly undeserving employees will get pink slips.
2 replies
Mark W.
Yep, you've got it exactly right, John. The figures are rough estimates, many may never come to fruition, and are put out there to assuage Wall Street analysts in order to boost stock price. There certainly won't be 500,000 people looking for jobs as a result of what's happened in January. That doesn't mean things are going well, obviously, but the news media glosses over some of the important details in order to sell papers or get an audience.
Frank
John, it's a good point about how the numbers are calculated. I guess I thought they were people who would go onto the unemployment rolls....I'll have to look closely. Really great example there.
5 months ago
in HR on a Shoestring on KnowHR Blog
Outsourcing Open Enrollment - You could sign me up right now. It's a job I have little interest in, but I have the shoe string budget you describe and said budget can't afford the implementation and ongoing fees for outside benefit enrollment services? I'd rather spend the money if I had it on some good Wellness Coaches with a real ROI possibility. I'm just saying...
1 reply
Frank
I guess that's the trick, John...there's lots of good ideas if there's money. Other than that...it's all hands on deck. Wellness...that is the thing.
7 months ago
in You Can’t Threaten People to Be Happy on KnowHR Blog
Although I'm pretty sure you can say whatever you want to motivate when you have a well-documented history of winning and pay in the 99th %ile of all professions.
1 reply
Frank
John, you're so right. If you're a superstar business, then it changes things. Someday I'd love to be around that place. ;-)
