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.
Corporate CEOs struggling with increasing costs for employee health care may be among the biggest supporters of health reform, according to a BusinessWeek report. Carl Camden, CEO of Kelly Services, said some firms don't want the responsibility of providing health care to their employees. However, many CEOs say offering health coverage is an important employee benefit, and some say they would pay for health care even if a government program was offered.
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.
Gen Y can write code or sell advertising for plenty of companies, but they really want to work at places where they can dress casually, have flexible working hours and feel connected to their co-workers, writes Peter Epstein, a blogger and business economics major at the University of California. Less tangible benefits in an organization's culture are what really appeal to Gen Y-ers, he writes.
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.