Published on: Thursday, April 17, 2014
Ready for some fun? Time to take a vacation? For some Americans, that might be difficult. The World Tourism Organization lists Americans as having the least vacation time in the industrialized world. In annual vacation days, Italy comes up first with 42 days, France 37, Germany 35, Brazil 34, Great Britain 28, Canada 26, South Korea 25, Japan 25, and the US a miserable 13. The Europeans and South Americans make fun of Americans about this, you know.
Because despite the small number of vacation days per year, one in six employees (roughly 18 percent) is so overworked that she or he is unable to use up annual vacation time, according to a 2001 Oxford Health Plans survey reported in USA Today. Do you have surplus vacation time that you haven't been able to use up because you're so busy?
Published on: Tuesday, April 15, 2014
The US Jobs report came in about expected at +192K jobs added in March. Some good news is that prior months were revised up an additional 37K jobs. Going back to December when many people worried about a change in job creation, we are now seeing a return to the norm of about 190K jobs/month which we have seen for the last year. It was just a blip in the normal up and down as October and November were higher.
Published on: Friday, April 11, 2014
"There is a massive shift in geo-political power taking place right now globally," said Alec Ross, former Senior Advisor for Innovation to the Secretary of State and an expert in geopolitics of cybersecurity. Most people think power is going toward Asia, but Ross does not think power is moving that way. He thinks power is moving in all 196 countries from traditional hierarchies to individuals and to networks of individuals. "No longer can seven men determine the futures of billions of people," said Ross. This is good because geo-political power is distributed from the few to the many. It is bad because it makes problem solving very difficult.
The United States has had trouble adjusting to this shift. The US is still indispensable, but there is very little it can, and should, do on its own anymore.
Published on: Wednesday, April 09, 2014
I wasn't surprised last week when I reviewed feedback from members on what surprised them about the job search process, what worked for them, what they wished they had known before they started and the value of recruiters. In their own voices, here are some key learnings from the "real world":
Published on: Monday, April 07, 2014
As part of ExecuNet membership, I conduct a bi-weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.
In one such teleconference, I was joined by executive career coach and ExecuNet networking facilitator John O'Connor, and a member asked us, "I have received good replies getting initial phone interviews with my résumé as it stands, rather than show unemployed at the top. Is it okay not to bother updating my résumé to show I've left my former company? If that is okay, how long is okay to not update it?"
Published on: Friday, April 04, 2014
We are often asked, How long does it take executives to find their next job?
There are too many individual variables to factor in, but you can be certain of one thing – it takes longer than you might think.
Why is this important? It means a lot actually – emotionally and economically. For someone making $175,000+ per year, a job search that takes one month longer means $15,000 or more in lost salary. So it's important to keep ahead of the projected landing time because it can save you tens of thousands of dollars.
We routinely survey members about how long they think it will take them to make a job change. We just completed a survey, and like in years past, they reported 6.4 months on average—a little shorter this year than during the recession.