| August 20, 2009 | E-mail news for employers |
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- Survey: Many workers say their paychecks are smaller
More than one-third of American workers responding to a recent survey say their compensation has decreased or that they have not received a raise this year. Twenty percent of respondents report more stress and conflict among co-workers and 11% say they are doing more work because of layoffs. CCH
(8/10)     
- Survey: Some employers will reinstate retirement matches
A new Watson Wyatt survey found that 24% of employers will reverse reductions to 401(k) plan matches in the next six months. However, 66% of employers say they will not reverse decisions to boost the percentage that employees pay for health care premiums. In addition, experts also note that many workers are facing smaller bonuses and raises. Bloomberg Businessweek
(8/13)
| Industry & Workplace Trends | | |
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- Report: Companies struggle to acclimate new workers
Many companies are finding that recently hired employees lack vital skills, according to a recent report. The report, which was produced by four groups, highlights the importance of community partnerships and internships in preparing new employees for the workplace. "It is a losing strategy for employers to try to fill the workforce readiness gap on the job. They need to be involved much sooner to prepare new employees to succeed," noted Donna Klein, executive chairwoman of Corporate Voices for Working Families. CCH
(8/6)
- Hiding their job loss
Many laid-off people take steps to conceal their job loss because they feel disgraced or fearful, career counselors say. Meanwhile, some churches in Washington, D.C., have created support groups for people who have lost their jobs. The Washington Post
(8/12)
- Column: June unemployment rate for older workers falls
The unemployment rate among Americans older than 55 declined from 7% in June to 6.7% last month, writes Emily Brandon. The amount of time that baby boomers spent unemployed was 29.9 weeks and 28.6 weeks in June and July, respectively, per the Bureau of Labor Statistics. She notes, however, that that unemployed baby boomers still spend more time jobless than younger workers. U.S. News & World Report
(8/11)
| AARP News | | |
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| Law and Regulation | | |
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- Alternative energy firms will boost hiring, labor secretary says
It will take more than a year for the alternative energy industry to become a significant part of the job market, according to Labor Secretary Hilda Solis. Nevertheless, she expects hiring in the industry to pick up over the next year. "Once you start seeing more investments made in our economy recovering, as we stabilize and we get people back to work, then I think there'll be more interest in expanding," Solis said. Google/The Associated Press
(8/10)
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