Workforce Watch List: The Millennial Generation

In a recent survey conducted by Adecco, we polled workers from the millennial generation to gain insight into their employment goals, workplace viewpoints and career motivations. Millennials are those born between 1980 and 2000 and are quite the hot topic of conversation lately.

According to the Bureau of Labor Statistics, this group of workers is currently seeing an uncomfortable 12% unemployment rate – almost 6% above the national unemployment rate of 6.3% (as of April 2014).

We learned that today’s American youth think they have a harder time than generations before them when it comes to finding a job. Seven in 10 (69%) Americans ages 18-24 believe that it is harder to find a job now compared to previous generations. Interestingly, women in this age group (18-24) are more likely to feel that it is harder to find a job now than it was for previous generations (76% women compared to 63% men).
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Workforce Watch List: Career Goals

This is part three of a three part blog series which presents data from a recent Adecco survey. In part one, we discuss office habits and in part two we explore vacation habits. Check them out for some great workforce insights!

Despite all the turmoil facing the workforce in the past couple years, American career goals have remained consistent. According to a recent Workers Insight Survey conducted by Adecco, the top two career goals are increasing pay (53 percent of respondents) and maintaining a better work-life balance (46 percent of respondents).

Additionally, 26 percent of respondents said their goal was to get promoted and 15 percent of respondents said they want to improve their relationship with their boss.
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Workforce Watch List: Vacation habits

Now that the country is finally thawing out (we hope) after the particularly brutal winter of 2014, vacation plans seem to be on everyone’s mind. Whether your ideal vacation involves the sand and surf of a tropical locale, a rugged camping expedition, a rejuvenating spa retreat, or simply a Game of Thrones marathon from the comfort of your couch, there’s no doubt you are ready to cash in some of your hard-earned PTO days. But the question is: how many Americans actually enjoy their paid time off to the fullest?
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Workforce Watch List: Office habits

According to data in the March 2014 Bureau of Labor Statistics release, Americans spend an average of 34.5 hours per week in the workplace. A majority work more than 40 hours, which is a considerable amount of time spent on the job.

Let’s face it, along with the hard work we produce day in and day out, we bring with us our habits, social tendencies and well, “baggage.” But what types of office habits are prevalent in the typical American workplace? Are they affecting job performance? Are coworkers taking notice of our “baggage?”

In February, Adecco conducted a telephone survey of 507 working Americans aged 18 and over about their workplace habits — among other topics — which revealed some interesting data. Let’s break down some of the findings.
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Workforce Watch List: Supply Chain & Logistics

supply chain and logistics staffing needsThe field of supply chain and logistics is exploding at a rapid pace.

45% of companies view their supply chain management as a strategic asset and, of that group, 70% see higher, better performance in their business. More and more organizations are quickly realizing the value of implementing robust teams to focus on the transportation and storage of their goods. Not only can a top supply chain team make an organization run more efficiently, it can also provide significant bottom-line savings.

Three major themes in the world of supply chain logistics are cost reduction, technology, and opportunity for growth–and they all go hand-in-hand. While cost reduction is a major supply chain trend so is maximizing the profitability of the supply chain which includes implementing new technology (RFID tracking systems, process automation tools, etc.) and better efficiency across the board. Other cost-saving methods include reducing carbon dioxide emissions. Many organizations are kicking these efforts off by hiring logisticians to audit their business to see where pain points and weaknesses exist and removing those barriers to save money.
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Workforce Watch List: Human Capital Trends in 2014

human capital trendsIt’s an interesting time to work in the human capital industry. Many factors are affecting how companies can attract, retain, and nurture talent, including things like aging baby boomers, social media, and government legislation. Read on to learn what human capital trends will dominate the industry in 2014.

Baby Boomers and Millennials

As Baby Boomers begin their exodus from the workforce, the next largest group (even larger than the baby boomers) is Millennials and, if organizations want to succeed, that means that they need to develop ways to entice the younger generation to work–and stay–at their company.

Part of attracting the Millennial group means addressing their concerns. If you’re in a hiring manager, human resources, or talent acquisition role, be prepared to talk about job growth opportunities, benefits (ie, with rising cost of education, does your organization offer tuition reimbursement?) and unemployment, to name a few. With 92% of companies using social media for recruiting, hiring managers will need to reach out to this group proactively. And, of course, as Baby Boomers leave a gap in the market for Millennials to fill, healthcare, and legal compliance issues will continue to be driving forces for change in human resources departments across the country.

How will social media affect the human capital landscape?

Did you know that over 14.4 million people found their current job through social media? Organizations incorporating digital strategies and social media into the way they recruit and retain talent will see much more success than those that don’t. Apart from the fact that recruiting via social lends itself to brand awareness and increased clout with a younger demographic, it gives recruiters and human resources professionals a leg up as well. A simple keyword search about a potential candidate can tell you all need to know and then some. Social media is also enabling hiring managers to proactively reach out to candidates who may not necessarily be looking for opportunities.
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