Tag Archives: Challenger Gray & Christmas

Teen summer job market should be better this year

Teenagers should have an easier time finding a job this
summer, according to a recent report by outplacement consultancy Challenger,
Gray & Christmas.

Summer will bring more job opportunities for 16- to
19-year-olds, but there will be competition from recent college grads and older
workers, John A. Challenger, CEO of
Challenger, Gray & Christmas, said in a news release.

“Employment gains for teens in May, June and July should
surpass last year’s levels,” the news release says.

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Workplace napping can boost productivity

Does your boss frown on workers taking naps at their desks?

Snoozing on the job is a no-no for air traffic controllers and
other critical jobs, but a growing number of employer see the value of
employees taking power naps at work, says global outplacement firm Challenger,
Gray & Christmas.

The Society for Human Resource Management says the number of
workplaces with nap rooms rose slightly in 2011 and 34 percent of the companies
responding to a NationalSleep Foundation survey said they allowed
employees to take naps, according to a Challenger news
release.

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March Madness will cost companies $134M in ‘lost wages’

March Madness starts next week and that means productivity
will plummet as nearly one-third of U.S. workers will be watching basketball at
least three hours a day during work hours, according to an annual study by
global outplacement firm Challenger, Gray & Christmas

During the first two days of the NCAA Division 1 men’s
basketball tournament – when most games are played during work hours –
businesses will suffer at least $134 million in “lost wages the study says.

Not only will employees watch games during work hours, but
before the tournament begins , “people will be organizing office pools,
researching teams and planning viewing parties.
When the games begin around noon, eastern time, on Thursday, many
companies will probably notice a significant drop in Internet speeds, as
employees start streaming games and clogging up the network’s bandwidth,” CEO
John Challenger said in a news release.

But will the annual hoops ritual really hurt the economy?
Will companies feel the pain?

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More companies in a party mood this year

Hiring remains sluggish, but at least most companies are in a party mood.

More than 83 percent of companies are planning a holiday party this year, according to a recent survey of human resource executives. That’s up from 68 percent in 2011, but still lower than the 90 percent who partied in pre-recession 2007.

The survey by consulting firm Challenger, Gray & Christmas found that 10.3 percent of the companies surveyed are having a holiday party after one or more years of not partying. Seventeen percent of the companies said they will spend more on this year’s holiday party than they did in 2011.

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Free job-search advice from Challeger, Gray

Job seekers can get free job-search advice this holiday season from global outplacement firm Challenger, Gray & Christmas Inc.

Challenger’s annual two-day job-search call-in is scheduled Dec. 27-28 from 10 a.m. to 6 p.m. EST.

The telephone number is 312-422-5010.

The Chicago consulting firm will suspend regular operations during the call-in period “so that its staff of professional counselors can provide free job-search advice to callers from across the country,” the company said in a news release.

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New grad job market improving, but still intense

Competition will be intense when new college grads hit the job market this spring, but their chances of landing a job are improving, says a report from outplacement consultancy Challenger, Gray & Christmas.

Some 1.7 million graduates are about to start the grand post-college job hunt. As is usually the case, new grads who are flexible about relocating and those in hot job fields will fare best.

Fields with the best job prospects include: accounting and finance, engineering, computer science, sales and marketing, education, and health care and social services among, according to Challenger’s annual look at the new grad job market.

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More signs of strengthening economy, job creation

New reports showing retail sales growth, increased industrial production and continued investment in business inventories are clear signs of an improving economy.

And this suggests we could see accelerated job creation in the coming months, says John Challenger, CEO of the outplacement firm Challenger, Gray & Christmas Inc.

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Free job hunting advice Tuesday, Wednesday

Two days of free job-search advice for unemployed workers starts Tuesday.

Global outplacement firm Challenger, Gray & Christmas will hold its 26th annual national job-search call-in Tuesday and Wednesday (Dec. 27 and 28) from 9 a.m. to 5 p.m. CST on both days.

The phone number is 312-422-5010.

Job creation has shown some improvement in recent months, but millions of Americans are still out of work. Challenger will suspend normal operations for the next two days and make its counselors available to provide free job-search advice to callers.

Click here for more info on the Challenger’s call-in.

Whether cash or jelly, holiday bonuses disappearing

Used to be that year-end bonuses were pretty much a lock for most workers. Not any more.
Corporate America has moved away from bonuses in recent years and 2011 will be no different.

In a recent survey by the global outplacement firm Challenger, Gray & Christmas, 43 percent of HR executives said their companies do not hand out bonuses. That’s a big jump from 2007 when only 28 percent of companies did not give holiday bonuses.

Of the companies that do award year-end bonuses, half give non-monetary gifts or a monetary award of less than $100, the survey found.

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Firm offers free job-search advice on Dec. 27-28

Job creation is showing some improvement, but millions of Americans are still out of work. To help job seekers find work, the global outplacement firm Challenger, Gray & Christmas Inc. will again offer free job-search advice to unemployed workers.

The firm’s 26th annual national job-search call-in will be held Dec. 27 and 28 from 9 a.m. to 5 p.m. on both days.

The phone number is 312-422-5010.

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