As any stay-at-home mom can tell you, quitting work and staying home to raise a baby is a far cry from retirement. If you’re planning on it — or have already done it — you’ll find that this 24/7 on-call position provides many intangible benefits, but, unfortunately, no income.
I first saw the power of delegating when my mom published her housecleaning plan on our refrigerator. Each family member had to clean a room by a given date. Except for my mom. She cleaned the house without lifting a sponge.
Last fall, Richard Grasso, the chairman of the New York Stock Exchange, was forced to resign following disclosure that he had accepted a $187.5 million compensation package. The chairman didn’t set his own salary, however. The board of directors set it. What was their rationale for approving a package of that magnitude? Was he being
In the current job market, many senior-level candidates are learning that great backgrounds, terrific interviewing ability and stellar references don’t guarantee success. So how can you break through the iron curtain that screens most job candidates from managers who can hire you? Instead of trying to circumvent the human-resources department, you must accommodate it in
As a captain in the Indiana Army National Guard, I’ve been on active duty since Jan. 2, 2003, and serving in Southwest Asia in support of Operation Iraqi Freedom since Feb. 12, 2003. I’ll be returning to my job as a manager for a chemical company this month. It’s been a long year, but in
When networking is mentioned as a job hunting or career-advancement tool, you probably think of industry or professional meetings with picked-over hors d’oeuvres and people wearing “Hello, I’m…” name tags. The mere specter of working a room this way can cause even the most practiced executive to break out in a sweat.
Confusion about how recruiters operate has put many a career at a disadvantage. Executives in transition can’t afford to let faulty assumptions foul up their prospects. Knowing how the search industry operates will make you a better, more successful candidate. To help you get the facts straight, here’s a guide to working with recruiters based
For much of the past seven years, I dished out career and job-search advice through a weekly newspaper column. “Network, network, network,” I said. “Keep your resume up to date, ready to post online and easy to adapt to a variety of jobs.” “Join professional organizations.” “Research alternative careers.” “Follow your bliss.”
During the blackout of 2003, the electricity went out along much of the East Coast, but the light bulb over my head clicked on. I had been unhappy for most of that summer. I was frustrated by a lack of progress in my reporting job at the Wall Street Journal Online, wanted to be nearer
We enlisted a team of volunteers to “mystery shop” the job pages of some of America’s largest corporations. What have they learned? That applying for a job online isn’t always as easy as it looks, and the results are often less than satisfying. Based on their experience, we offer an online job hunter’s bill of rights:
Activist shareholders are trying new tactics to rein in executive pay at U.S. companies, with proposals they hope will appeal to a broader group of investors. The new strategies include simpler, less prescriptive holder resolutions that don’t dictate executives’ pay packages. Instead, the new proposals seek to more closely align executive pay with corporate performance,
Activist shareholders are trying new tactics to rein in executive pay at U.S. companies, with proposals they hope will appeal to a broader group of investors. The new strategies include simpler, less prescriptive holder resolutions that don’t dictate executives’ pay packages. Instead, the new proposals seek to more closely align executive pay with corporate performance,
For years, companies have created employee-resource groups for women and racial and ethnic minorities, aimed at boosting recruitment and retention. Now, employers increasingly are creating similar groups for gay and lesbian employees. Wal-Mart Stores Inc., Morgan Stanley and Intuit Inc., among others, created groups for gay employees in the past year. The Human Rights Campaign,
When should an executive retire? The question is gaining urgency in Europe where, for years, companies and governments have pushed people to retire earlier than their American counterparts. The mindset in Europe was that this cleared room for younger executives and brought in fresh ideas. Now, in a shift, some European companies are pushing to
It is a hot business idea of the moment, a growth formula embraced by General Electric Co., American Express Co., Progressive Corp. and many others. But a growing chorus of skeptics question the value of the “net promoter” concept advocated by consulting firm Bain & Co., market researcher Satmetrix Systems Inc. and author Fred Reichheld.
Managers like to say employees leave companies because of bad bosses or lack of career growth. A new report suggests a more straightforward reason: money. In a survey of about 1,100 U.S. employees, 71% of top performers listed pay among the top three reasons they would consider leaving their employer. Yet in a sister survey
Psychology professor Richard Griffith is on a mission to stop “fakers.” To Dr. Griffith, of the Florida Institute of Technology, fakers are people who misrepresent themselves on personality tests increasingly used to screen applicants for entry-level jobs at call centers, retail stores and other customer-service positions. The tests typically ask candidates to agree or disagree
Two years ago, Rod Bond, an executive at a U.S. unit of French food-services company Sodexho Alliance SA, accompanied female colleagues to a meeting of the Women’s Food Service Forum, where he was a rare man among roughly 1,500 women. “That’s a profound experience,” says Mr. Bond, 57 years old. It prompted him to wonder
Go out and mingle with top headhunters — those gregarious talent scouts who are constantly scouring the world in search of managers to fill the top executive jobs — and these days you’ll find some most happy people.
Developing strong ties with executive recruiters can pay off. Many organizations rely on them for help in finding senior talent and negotiating job offers. We asked Kimberly Bishop, senior client partner in the New York office of Korn/Ferry International, for advice on how to initiate and nurture lasting relationships with search professionals. Prior to joining
