Monster Worldwide announced Monday, July 30, that it plans to eliminate 800 jobs, or about 15 percent of the job board company's worldwide workforce. Second-quarter profits dropped 28%.
Tight Talent Supply
A tight labor market and strong demand for contingent workers will likely drive up prices for contract and temporary workers... 'The number 1 challenge is filling the pipeline with qualified people', Richard A. Wahlquist, president and CEO the American Staffing Association.
State of Compensation
As competition for top talent heats up, employers are putting teeth into their pay-for-performance programs. Broad-based programs that reward employees during flush times no longer cut it. Jessica Marquez of Workforce Management.
