ROI and Mobile Assessments are Important to HR Professionals in 2012, Says market research firm SIS International Research

NEW YORK----(January 24)—SIS International Research, a Global Market Research & Consulting firm, has released its Talent Management Trends 2012 White Paper on Industry Trends in Human Resources Recruitment and Talent Management, based on the findings from a recent qualitative industry trend study across the United States among senior HR executives. 

Today’s Human Resources departments are being pushed in new directions, due to the continued jobless recovery, the expectations of the emerging Millennials in the workforce, as well as the introduction and refinement of new technologies. Companies are increasingly moving to online assessments, believing them to be less costly and time-consuming. In addition, corporate branding is becoming an integral part of the application experience. As a result, social media platforms are becoming an important tool to attract applicants.

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US Employers Note Generation Y Skill Deficits

In a new survey by Experience, Generation Y is unclear about the necessary skills for success in their careers.  The survey explored the ideas of both employers and Generation Y.  Experience found that 54% of Gen Y respondents were unclear about exactly the skills considered desirable by employers.  But a large number of Gen Y respondents felt that they were not lacking necessary skills desired by employers.  This optimism contrasted with the reality of employers believing Generation Y was deficient in important skills.  Employers can take confidence in the study's findining that 97% of Gen Y respondents would take action to rectify their skill deficit.

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Dump Your Staff and Retain their Knowledge

The title is only to be provocative.  Actually, a useful technology in HR has emerged alongside the challenges of an ageing US economy and massive layoffs.  That is the need to retain knowledge and expertise, essentially remaining in reach of productive ex-employees (without overhead).   Many large companies have created their own private company intranets whereby current employees and alumni can interact.  On these sites is information about the industry, consulting offers, networking, partnership possibilities and job prospects.  In return, these corporations seek to cultivate their relationships with retired or laid off workers.  Importantly it can also allow the company to reconnect with “rainmakers” who once owned or had access to clients and had expertise in a particular field.

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Generation Y surprisingly upbeat about the future

Generation Y is one of the hardest hit generations in the recession.   Surprisingly, the generation is optimistic.  According to a recent survey by Experience, 50% of US Gen Y respondents believe that their job prospects are optimistic.  Experience's Survey also shows that 25% believe that the media are presenting an excessively negative job outlook. Only a third believe that their career development will suffer due to lack of opportunity. Surprisingly, only about 30% of Gen Y feels they should work longer hours and take on more projects for job security.

What industries are Gen Y young people interested in?

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Why Higher Taxes for the Wealthy Won't Harm Blue States

Ruth Stanat writes on her blog about why higher taxes will not harm Blue States, as Forbes publisher Rich Karlgaard argues. She focuses her discussion on business, not political, notions. Check it out!