HRCleanUp

Friday Fun Facts

What is the CEOs role in talent management and how does that compare to HRs involvement?

Personally develops or mentor other executives

• CEO, 49%
  

• HR, 19%

Spends tim on managing leadership talent

• CEO, 34%

• HR, 24%

Reviews leadership talent with the board

• CEO, 25%

• HR, 25%

Champions strategic management of leadership talent

• CEO, 29%

• HR, 32%

Source: October 2008 T+D Magazine

Friday Fun Facts

Consumer Products

Top 10 consumer products companies, 2007

1. Altria (Philip Morris)
   

2. Hewlett-Packard

3. Samsung

4. Nestle

5. Matsushita

6. Procter & Gamble

7. Sony

8. Toshiba

9. Dell

10. Nokia

Source:  Deloitte

Friday Fun Facts

Reasons to Leave:

Percentage of employers reporting top five reasons employees might leave their job and employees reporting reasons to leave, 2008:

Reason	Employer	Employee
Inadequate compensation	36%	27%
Lack of career development	19%	30%
Insufficient recognition	22%	17%
Boredom	7%	11%
Inadequate professional development opportunity	12%	11%

Source:  Salary.com

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Friday Fun Facts

HRMS Objectives

Percentage of companies reporting main objectives for their HRMS improvements, 2008:

• Streamline business processes, 53%

• Deploy additional employee self-service, 45%

• Deploy additional manager self-service, 44%

• Utilize additional HR modules, 43%

• Deploy reporting/analytics, 37%

• Upgrade to a new version, 30%

• Implement a new HRIS, 15%

• Consolidate HR systems globally, 13%

• Other, 12%

Source:  Towers Perrin survey of 268 companies

Friday Fun Facts

Generational Factors

Percentage of employers reporting that generational considerations are factored into their total rewards plans, 2008:

• All industries, 32%

• Finance, 33%

• Health care, 34%

• Manufacturing, 24%

• Services, 38%

• Technology, 26%

What are you doing to understand everyone who is a part of your company?  We can help.

Source:  Survey of 413 large companies by Deloitte

Friday Fun Facts

Salary Demands 

Median salary ranges job seekers requested, jobs in greatest demand, May 2008

• Software design, $85,000 - $95,000

• Product management, $85,000 - $95,000

• Networking/system administration, $65,000 - $75,000

• Finance, $65,000 - $75,000

• Gov"t contracts administration, $55,000 - $65,000

Source:  Jobfox

Friday Fun Facts

Long-Term Care 

Percentage of individuals who will need long term care by length of care required, projected for individuals who turned 65 in 2005, 2008:

• 31%, No care
• 17%, 1 year or less
• 12%, 1-2 years
• 20%, 2-5 years
• 20%, 5 years or more

So, what is your plan?  What is your parent's plan?

Source:  Center for Retirement Research at Boston College

Friday Fun Facts

  Heath Subsidies 

Percentage of employers reporting expected status of their health benefit subsidy in 2012 vs. 2008:

• 15%, Higher than 2008
• 23%, Lower than 2008

• 62%, Same as 2008

Source:  Towers Perrin Survey of 500 large employers

Friday Fun Facts

HR Efficiency:

Full-time equivalents per HR department FTE, 2002-2006

Country	2002	2003	2004	2005	2006
U.K.	105	95	96	82	90
Central and Eastern Europe	99	95	91	99	93
Western Europe	96	90	92	87	90
All	96	90	92	88	99
U.S.	NA	88	88	90	89

I wonder what the U.K. is doing differently?

Source:  Workforce Magazin, May 19, 2008

Friday Fun Facts

Election Update:

The election being over will...

• 8%, Hurt my business a little 
• 14%, Hurt my business a lot
• 8%, Help my business a lot
• 20%, Help my business a little
• 50%, Have no real effect on my business

Source:  Boston Business Journal