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Posts Tagged ‘John Challenger’

Unemployed & Pounding the Pavement? You May Want to Relocate

If you’re among the unemployed hitting brick walls in your local area, you may want to consider a last resort. That’s right, relocating.

According to a survey published by outplacement firm Challenger, Gray & Christmas and as pointed out by Fortune, the first six months of 2013 revealed 14 percent of managers relocated to find new jobs. That number is more than double from last year’s numbers of out-of-work management who also moved in the name of securing employment.

In addition to finding employment, a reason for the uptick in moves may be attributed to the housing market. RealityTrac revealed median home values to say they’re on the rise in all of the markets it surveys. Read more

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Six Media CEOs Announced Departures in April

According to Challenger, Gray & Christmas, an outplacement firm in Chicago, six media CEOs indicated they planned to leave their jobs last month.

John Challenger told FINS, “CEO turnover can often set off a series of management changes throughout an organization, particularly if the new CEO is an outsider.”

So, how does this affect an internal organization?

Two words: Expect change.

“Change is typically inevitable as a new leader brings in other trusted C-level executives who mesh well with his or her leadership style,” he added.  ”Those executives bring in their own people, who, in turn, bring in their own people.”

As for the identity of one of the execs, according to the piece, Jeff Haley joins Marketron, a media software solutions company, after leaving the Radio Advertising Bureau; Erica Farber is his replacement. She’s the former publisher and CEO of Radio & Records, a defunct trade publication.

Regarding year to date numbers, the six CEOs from last month bring the total to 15 execs this calendar year. Although the press release doesn’t itemize the reason of departure by industry, the top three reasons for leaving were resignation, retirement, and pursuing a new position in another company.

Lessons Learned Via Yahoo! CEO: Always Have an Accurate Resume

Always tell the truth. In life, in job searching, in everything.

By now you may have heard that Yahoo CEO Scott Thompson allegedly beefed up his resume with both a computer science degree and accounting degree even though he graduated with an accounting degree from Stonehill College. The matter is the resume was falsified and now his integrity is at stake.

Yahoo referred to the mistake as an “inadvertent error” and their board hired outside counsel to review the false statement. Regardless of the outcome, it seems the damage has already been done.

Here’s the thing about fudging a resume, no matter how big or small: It will come back to haunt you at some point. Background checks are in place for a reason and although this wasn’t caught initially, it eventually surfaced. Whatever you do in the job search process, if there’s anything to be learned from all of this, is to always tell the truth. Always be above board — whether it’s a degree, job title, length of employment, employer. Always, always, always.

John Challenger, CEO of Challenger, Gray & Christmas, an outplacement firm told CNN an “exhaustive” process isn’t always going to capture everything right down to the degree.

One falsification in your career may not seem like a big deal similar to telling someone an innocent little, white lie but in addition to catching up to you, it may inevitably be difficult to escape and in the end. Plus, the initial lie may eventually seem irrelevant to your accomplishments other than tarnishing your integrity. Forever.

The questions speak for themselves: Does the fact that he doesn’t really have a computer science degree impact his role as CEO? Not really. Does the fact that it was falsified reflect his integrity and reputation as a CEO? That would be a resounding yes.

Challenger pointed out in the piece: ”Yahoo hired him for what he’s done in the past five, 10 years. It doesn’t really matter for someone at this point in his career what he did at 22.”

He added, “He may have felt at some point in his career that he needed an extra something — and then he couldn’t get rid of it.”

Wow, A Lot Of Outplacement Firms Stink

Turns out that outplacement firms—those guys and gals in suits, hired by the company that just laid you off, who are supposed to help you get a new job—kinda suck.

The WSJ investigated and found that some of these folks are what some could call criminally incompetent.

One woman used outplacement services for 18 months and said that the whole process was a waste of time: the company sent out cover letters bearing her name and covered in typos.

She was also chastised for ordering cranberry juice at a mock interview session because “it could be interpreted as a sign of a urinary-tract infection.”

One guy on a mock job interview was “scolded for not following his coach to the restroom to continue the conversation. The other says he was chided for ordering diet soda because it suggested immaturity.”

Challenger, Gray, and Christmas, a large outplacement firm in Chicago, sent pretty much the same cover letter for two different women, including the cranberry-juice woman, to the same job…and the hiring manager, who was president of a PR firm, told the WSJ that “”We didn’t take the letters seriously because they did not reflect an understanding of our company — and they looked alike.”

John Challenger himself, CEO of Challenger, Gray, and Christmas, said it wasn’t company policy to send out cover letters without the client’s approval, but defended the cranberry juice comment. “He said [pieces of advice like that] are part of an overall message to always think about perceptions of the interviewer,” the WSJ wrote. “‘Ordering ice tea, water or coffee, doesn’t stand out. Ordering cranberry juice might.’”