In a report buoying hopes for a strong jobs showing in the official government report out tomorrow, ADP this morning said 215,000 new jobs were created in December.
It’s the largest increase in jobs reported by ADP, and its data partner, Moody’s Analytics, since February when the company said 227,000 private sector jobs were created. The report also adjusted up its November job growth from an initial 118,000 to 148,000. keep reading…
The long-standing legal dispute over the establishment of job boards using the SHRM-sponsored .jobs Internet address has been resolved in favor of the job boards.
This means that the 40,000 site Universe.jobs network, run by DirectEmployers Association, will continue to operate, and can even expand if it chooses. Other job boards now will also be able to use that Internet domain, an extension just like the more familiar .com, .org, and .net. A new round of address issuance is scheduled to open in January.
Industry analyst Kevin Murphy called the decision by the Internet’s addressing authority — the Internet Corporation for Assigned Names and Numbers — “opening the floodgates for third-party job listings services.”
ICANN, which issued a breach of contract notice in February 2011 over how the .jobs addresses were being used, did not explain its decision. Nor, for that matter, has it as yet posted any official notice of its decision. Instead, it posted the request to end the legal proceedings sent to an international arbitration group by registrar Employ Media. An ICANN spokesman called to say additional details were unavailable today, but there may be some tomorrow. keep reading…
Of all the developments and trends in human resources, what would be at the top of your list?
Would strategic HR be there? How about outsourcing; or, should that be in-sourcing? Does employer branding and the “war for talent” belong there? And where would technology fit in, especially the trend away from so-called best-in-class components and toward integrated systems?
Not an easy call is it? Just since the start of the recession in late 2007 human resource departments, and the profession itself, has seen a remarkable shift in both function and practice. Strategic HR, a concept that began to percolate about the same time companies changed the personnel division to the HR department, got jumped into the C-suite consciousness shortly after the layoffs began. It was helped along by the angst created earlier by Keith Hammond’s wake-up call to the profession, “Why We Hate HR.” keep reading…
Today’s employment report from ADP says the nation added more jobs in August than it has in the last five months. The 201,000 private sector jobs created during what is typically a slow month, is well above the estimates of analysts who were expecting the number to be closer to about 140,000.
ADP and its data partner, Macroeconomic Advisers, also upped the estimate of July’s employment by 10,000 to 173,000 new jobs.
Although the ADP report doesn’t always agree with the government’s monthly jobs report, which is due out tomorrow morning, it is widely watched by analysts and investors for guidance on what the U.S. Labor Department report may show. Surveys show economists are expecting tomorrow’s numbers to be much more modest — in the range of about 120,000 to 140,000. Most expect the unemployment rate to be unchanged at 8.3 percent. keep reading…
An insurgent group of former SHRM leaders and current members has declared that attempting to resolve differences with the current SHRM board in face-to-face meetings is futile, and is asking for help in deciding next steps.
In an email sent Sunday, the SHRM Members For Transparency said “it has become apparent — as many of you suggested it would — that continuing to meet is unlikely to be a successful means to achieving our goals.”
At this point, says the unsigned email, “We are reaching out to you now because we need your feedback to help determine SMFT’s future direction.” Encouraging the members and the SHRM regional, state, and local leaders who also were sent the email to complete a questionnaire, SMFT says, “your responses are critical and will guide us in identifying our next steps. In many ways, your feedback may determine the future of SHRM.” keep reading…
Like businesses all across the globe, SHRM had to dip into its reserves to cover expenses in 2009 when it came up $8.7 million short.
The organization’s recently posted 2009 tax return shows the Society for Human Resource Management spent $89.9 million in 2009, while taking in $81.2 million from dues, conferences, and advertising.
That compares to the $17.1 million deficit the organization ran up in 2008 when it spent $104.8 million, but took in only $87.7 million. In 2007, SHRM found itself with a $23.4 million surplus.
Because the data comes from tax returns (non-profit returns are public), some of the expenses allowed by the IRS such as depreciation aren’t out of pocket. So the actual losses on operations are less. In 2009, depreciation, depletion and amortization came to $3.6 million. However, that still meant a year end cash deficit of $5.1 million. keep reading…
Saying SHRM has an “excellent opportunity to demonstrate its independence,” a coalition of trade associations, job boards, and others is calling on the HR organization to reconsider its position favoring an expansion of the use of .jobs addresses.
The two-page letter from the .JOBS Charter Compliance Coalition asks SHRM, sponsor of the .jobs address, “to exercise its oversight and enforcement duties and end Employ Media’s non-compliant operation of the .JOBS TLD…”
Issued today, the letter follows this week’s sharply worded reprimand from the Internet Corporation for Assigned Names and Numbers. Charging Employ Media, the administrator of .jobs addresses, and its partner SHRM with serving their own financial interests rather than the interests of the human resource community, ICANN declared Employ Media in breach of its agreement and gave it 30 days to make things right or face cancellation. keep reading…
A SHRM task force is readying what could become the first U.S. standard for calculating “Cost Per Hire.”
A draft standard is currently circulating among members of SHRM’s Staffing and Workforce Planning committee. Eventually, after the comments have been reviewed and any issues that turn up get resolved, the proposal will be submitted to the American National Standards Institute.
There, it will go through a review and a public comment period before becoming an official standard. When that happens, employers conforming to the standard will have confidence that they are comparing apples to apples. Equally important is that as the number of standards grows — and SHRM is already working on others — HR will join other business units in having a uniform set of metrics by which to measure and be measured.
The Cost Per Hire standard itself is fairly straightforward. Chances are you already are taking into account all or most of the elements the draft standard says you should. In that case, the standard validates your process. It also will serve as a checklist to make sure you’re not missing anything. keep reading…
For months, John Zappe has been covering the .jobs saga here on ERE.net, so regular ERE readers will be familiar with much of the background. If you are new to the story, you can catch up here and here.
Today is the final day of ICANN’s open comment period before they consider Employ Media’s .jobs charter amendment. It’s our last chance to be heard.
I’ve emailed ICANN the following letter urging that they reject the proposed amendment, and it is posted alongside hundreds of other comments in the ICANN Archives. Join me in by writing to ICANN today and letting them know what you think. keep reading…
Ever since John broke the news yesterday on ERE.net that a committee of the Society for Human Resource Management was meeting tomorrow to consider amending the .jobs charter, several people have asked for a simpler explanation of what the stir is all about.
In this post, I will attempt to explain the facts of the situation and then explain why I think that if SHRM approves this amendment it will be doing a disservice to the HR community.
But first a little history.
SHRM & Employ Media’s Roles
In 2004, SHRM and Employ Media submitted an application to the Internet Corporation for Assigned Names and Numbers (ICANN) to sponsor and manage a new top level domain (TLD) called .jobs. In 2005, this application was approved and on May 5 the .jobs charter was published. As the sponsor of the TLD, SHRM’s responsibility was to set policy and establish registration requirements, while Employ Media took on the more traditional business responsibilities of managing and marketing the new domains names. keep reading…