…When Alcoa needed to fill a spot on its executive management team recently, it didn’t have to look very far to find an incredibly qualified candidate—and odds are, the aluminum company didn’t need to …
At most companies, only top performers are awarded the opportunity to work overseas, says Rich Folts, a partner in the Chicago office of executive-search firm Battalia Winston International. If you’re eager to cross borders, be proactive by openly discussing your interest with your manager and human-resources …
Morgan Stanley, the second-biggest U.S. securities firm, plans to reduce headcount as much as 5 percent in the next few months after bets on subprime mortgages saddled the bank with a $3.6 billion fourth-quarter loss…
Later this month, Mary Beth Lease will graduate from Iowa State University with a stellar academic record. But when it comes to securing a job, she’s afraid she’ll receive a failing grade due to the slumping economy. “I’ve had lots of interviews and I still don’t have a job,” says the marketing major, who boasts ...
In the not-too-distant past, relatively few companies were global, and those that were, more often than not, were solidly based in one country with adjunct operations outside their national border. …
Salary alone isn’t enough to attract the best candidates in accounting or finance. Today, benefits have become the top priority of professionals looking for a new career challenge, surpassing the lure of work/life flexibilities, signing bonuses and extra vacation. Survey data from such divergent sources …
Credit Suisse Group, Switzerland’s second-biggest bank, is cutting 500 jobs in its investment banking and administrative support divisions as demand for the firm’s services declines. The cuts bring to 1,320 the total number of jobs eliminated by the Zurich-based bank since the collapse of the …
Advice: Emerging leaders must understand that obtaining industry leadership requires more than just knowledge and skill sets. The best leaders are engaging, proactive, and visible. Emerging leaders need to quickly master the fundamentals of the industries …
Whether we’re actually in a recession or not is the subject of debate. What is certain is the rising unemployment rate. U.S. unemployment rose to 5 percent for the first time in two and a half years in December. That’s likely a result of the fallout from the subprime mortgage crisis—and there’s probably more …
The subprime mortgage crisis gobbled up more of the region’s jobs in retail, construction and finance in March, but the impact was cushioned by a resilient Silicon Valley technology sector…. …But even in the tech world, there are reports that companies are taking longer to fill jobs. “There is hiring …
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