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Posts Tagged ‘Peter Cappelli’

Per New Survey, Executives Continue to Age in Roles & Delay Retirement

older execsIf you look around at executives and notice they may be a bit older than leadership in the past, you’re right. A new study shows that their age is on the rise. Perhaps we can attribute that to a delayed retirement courtesy of the recession.

According to The Wall Street Journal, research from the University of Pennsylvania’s Wharton School and Madrid’s IE Business School shows executives’ ages are on the rise. Not only that, the time spent in each role is also increasing as they’re staying longer in their current roles. Read more

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Who Owns Job Training And Why Aren’t New Hires Prepared?

Has anyone really worked their way from the mailroom to CEO since Barry Diller?

We’re thinking about this because of a new HRE Online article on job training that says 50% of employers think their new hires aren’t prepared for work. (Note that these are hires, not job candidates.)

It used to be that you could start in the mailroom wherever and learn the job on the job. Entry-level positions were incredibly basic, and you could “grow into” a new role. People stayed with the same company.

That’s gone now, as is the mailroom-to-CEO myth, for the most part. And, Peter Cappelli writes in the piece, these two things are linked.

If an employee’s not going to stick with the company for long, then why invest in training them? Why not expect them to already know the job? Any money spent in training is money “wasted” if the employee jumps ship—at least, that’s the perception, Cappelli says.

So that leaves internships—many of them unpaid—as the way to get “on the job” experience. Advantageous to employers, not advantageous to any jobseeker that wants to work but can’t afford to work without pay.

Meaning that the ill-prepared workers stay ill-prepared.

Employer Loyalty Is Dead

Office Worker Walks Past Parking Meter
flickr: mugley share alike.

Well, we shoulda seen this coming. After years of saying that employee loyalty was gone (thanks Gen Xers), now employer loyalty seems to be going the same way. Some say it already has. Whatever. Now it’s worse.

In a new survey from staffing company Veritude, “The New Normal: Recession Response and Workforce Planning,” two-thirds of companies polled reported “upscaling” their workforce.

A full two out of three companies said that they’ve used the recession to fire underperforming workers and replace them with more qualified ones.

Peter Cappelli writes at HRE Online:
“The fact that firings go up during downturns isn’t exactly news, but usually that happens as a way to reduce headcount. That isn’t what is happening here…Another way to look at that is that the workers being pushed out for poor performance would not have been let go in normal times. It is the fact that better workers are available that led to the change.

What that means is that the performance standard needed to keep a job is not absolute.”

He points out that this is pretty standard in pro sports, and in academia when tenure committees compare candidates to other professors at other schools. But this is fairly new in corporations. And suddenly 2/3 of them are doing it.