Another addition of leadership and talent management “facts” from all over the world. Some intuitive and some not….what do you think?
1. Of 3,000 hiring professionals and managers surveyed in 2008 by CareerBuilder.com, 49% said they had discovered a lie on a resume sent in for a job opening. In general, candidates exaggerated their past responsibilities (38%), inflated their skills (18%), listed degrees they never received (10%) and created job titles that were higher than their real ones (5%).
2. A recent benefits study by Watson Wyatt Worldwide found that 32% of all employers with more than 1,000 workers either have an on-site medical center with company doctors or plan to build one by 2009. For every dollar invested in setting up the clinic will return $3 to $5 even though on-site doctors spend an average of 20 minutes with each employee which is more than double the national average for primary-care physicians.
3. In a recent survey released by ManpowerInc., the most difficult jobs to fill in 2008 were: Engineers; Machinist; Skilled positions; Technicians; Sales/Account Representatives; Accounting/Finance Staff; Mechanics; and Information Technology Specialists.
4. In a recent 2008 survey from OfficeTeam of 150 senior executives from the largest companies in the US and one of 492 office workers, nearly half (48%) reported that their jobs would be more difficult if they didn’t work in the same office locations as their manager (13% said it would be somewhat easier and 8% said it would gbe much easier).
5. In a 2008 survey of 560 organizations by the Institute of for Corporate Productivity, 73% of those organizations offer flextime and 33% have some type of compressed week. In this same survey, 64% reported that flextime has help retain key talent and 76% reported that it has helped increase engagement and morale.
6. In a 2008 survey of more than 7,500 workers on four continents from Blessing White (2008 The State of Employee Engagement Survey) 13% disagreed or strongly disagreed with the statement “I trust my manager” (12% neither agreed nor disagreed). However, when asked about how much they trust the senior leaders of the organization, 22% strongly disagreed or disagreed and 25% neither agreed nor disagreed.
7. IMD International Search conducted a survey of nearly 400 senior human resources executives from 24 countries about trends regarding talent development and succession planning. Only 30%of those surveyed reported having successors name for their CEO, COO and CFO positions and of the 63% who reported they did have a plan in place, only 44% believed it was useful for truly identifying future talent.
8. According to the “Executive Transitions” study from Alexcel Groupo and Institute of Executive Development, 30% of external hires and 21% of internal transfers of new executives failed to meet expectations in their first 24 months on the job. Their survey also found that ramp-up time (onboarding) for external hires ranges from 6 to 9 months but 26% suggested it was even longer (3 to 6 months for internal hires).
9.  According to the Kaiser Family Foundation, only 45% of companies with three to nine employees offer any health benefits. In their 2008 study, in those with 10 to 24 workers the percentage jumps to 76% and among those with 25 to 49 employees it increases to 83%.
10. In a recent survey by snagit.com of 1,755 a large number of employees ages 19 to 29 are pretty content to remain in hourly positions. In fact, 25% of those with college degrees reported being happy as “career hourly workers” or intent to pursue a career as an hourly employee. The top 5 hourly related industries included: a) Retail; b) Service/customer service; c) Health care; d) Office; and e) Food service/restaurant.
11. Approximately 59% of all US workers are paid hourly with the top retention drivers being: 1) Co-workers, 2) Pay, Benefits and interacting with customers as three-way tie according to the same snagit.com 2008 survey.
12. According to a new 2008 study by Sirota Survey Intelligence, employees those age 63 or older report higher levels of job satisfaction, greater pride and increased willingness to “go the extra mile” compared to younger employees. These “traditionalists” reported the highest satisfaction with the jobs they perform with 76% favorable responses compared to Generation Y at 74%, baby boomers and Generation X at 71% and 70%, respectively. These findings support the importance of cultivating and using older workers who typically posses significant work experience, industry knowledge, contacts and mature work ethic.
Â
Â
Â
Â
[tags]talent management, succession planning, coaching, executive coaching, executive development, surveys, kenneth nowack, Envisia, Envisia Learning, leadership development, ken nowack, nowack[/tags]
Ken Nowack
Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)
