Wells Fargo joined a growing list of companies that are freezing pension funds to cope with poor profits and returns. The measure is temporary in most cases, but it still creates a hardship for older workers, experts say.
The International Monetary Fund is preparing $17 billion in loan funding for 80 of the world's poorest countries through 2014 to help them cope with fallout from the global economic recession. The recession, combined with elevated food and fuel prices, has eroded anti-poverty gains made by many developing countries during the past decade.
Poorly written job descriptions and failure to respond to job candidates promptly are giving recruiters a bad reputation, writes recruiter Kristen Fife, who has been looking for a new job herself. "In my own search for a position in the last several months I am appalled at the lack of what I see as 'professional courtesy,'" she writes.
Boeing, Microsoft and Yahoo are among the companies announcing layoffs from some of divisions even as they are hiring for others. This represents a major shift in how companies evolve, some experts say. Many employers once retrained and relocated workers, but "now they've discovered that you can restructure even faster by laying off and hiring," observes Peter Cappelli, director of the Center for Human Resources at the University of Pennsylvania's Wharton School.
Hate public speaking? Maybe you just need to get better at it. Here are six tips for giving more effective presentations. Among them: Use questions and pauses, change your voice and posture intermittently, and make the experience more personal by using people's names.
Tomorrow's leaders will come to college already adept at using social media and new technology, observes Michael A. Roberto, a management studies expert at Bryant University. Because of their communication skills, the new leaders will be more open and transparent with their employees, he says.