| Enkata Unveils Activity Tracker, a Data Capture Breakthrough for Analytics
Enkata, a provider of analytics-powered performance management software, announced the availability of Enkata Activity Tracker. This technology innovation captures data directly from service agent desktops to support analytics-powered applications thereby eliminating the need for costly, time-intensive IT data integrations. Enkata's performance management solutions, including Automated Contact Reasoning, First Contact Resolution, Enkata Manage, and Enkata Discover, are now available with Activity Tracker.
Callidus Software Extends Sales Performance Suite With New Sales Coaching Solution
Callidus Software Inc., a provider of Sales Performance Management (SPM) solutions, announced the launch of its new Sales Coaching solution. With the new SaaS product, powered by ForceLogix, Callidus now enables businesses to coach and optimize their sales force's execution as part of a comprehensive sales performance management solution. Under the agreement, signed in the second quarter of 2010, Callidus has received exclusive rights to be the only SPM vendor to sell ForceLogix' SalesForce Optimizer solution. Callidus enables businesses to rank individual sales reps by standard performance indexes, such as quota and earnings attainment, territory performance, and revenue growth. Root cause analysis of variations in these indexes then allows sales leaders to seamlessly correlate that performance with key behaviors, including deal profile, sales methodology, skills and competencies, and education and training.
IT Job Growth Pauses in March
IT employment, which had been in growth mode since the start of the year, paused in March, according to TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers.
In the first two months of 2010, IT employment grew by more than 18,000 jobs. In March, the number of IT positions dipped by 1,800, representing a 0.05 percent decrease from the February level of 3,829,100 technology jobs.
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CEO Confidence Declines Slightly
The Conference Board Measure of CEO Confidence, which had increased in the fourth quarter of 2009, decreased slightly in the first quarter of 2010. The Measure declined to 62, down from 64 last quarter (a reading of more than 50 points reflects more positive than negative responses).
CEOs' assessment of current economic conditions is slightly less favorable, with 71 percent stating conditions have improved compared to six months ago, down from 75 percent last quarter. However, in assessing their own industries, business leaders' attitudes improved, with 59 percent claiming conditions are now better, compared with 54 percent last quarter.
Looking ahead six months, CEOs are slightly less optimistic. Approximately 52 percent of business leaders expect economic conditions to improve in the next six months, down from 58 percent last quarter. Expectations for their own industries are also less optimistic, with 42 percent of CEOs anticipating an improvement in the months ahead, down from 45 percent last quarter.
More than 30 percent of CEOs anticipate an increase in employment levels in their industry, up significantly from less than 3 percent a year ago. The proportion of CEOs who anticipate a decrease in hiring plummeted to 22 percent from 86 percent a year ago.
On a separate question, regulation and litigation are major obstacles to hiring new workers. Health care costs were second on the list, closely followed by wage and salary costs. Other fringe benefits are of lesser concern when hiring new workers.
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Older workers keeping young adults out of jobs
Young adults in the United States are being squeezed out of the labor force as older workers either delay retirement or seek jobs to rebuild nest eggs destroyed by the recession, a recent study showed.
The size of the labor force fell 6.3 percent for young workers, but increased 8.5 percent for workers 55 years and older between December 2007 and January 2010, according to the study by the Washington-based Economic Policy Institute (EPI).
The housing-led recession, which struck in December 2007, has had devastating effects on the labor market. With home values and retirement savings destroyed, older workers have been forced to either continue working or seek employment.
The study noted that even if young workers were employed, they were most likely to be in jobs below their skills level.
While young workers accounted for only 13.5 percent of the total labor force, one in every four unemployed people in the United States was under the age of 25, according to the study.
On the other hand, workers 55 years and older, who made 19.1 percent of the labor force, only had a 13.4 percent unemployment rate, it said.
The study also found that younger workers were also experiencing longer periods of unemployment and on average it took slightly less than six months to get a job in December.
Although the economy has started growing again and the labor market is on a recovery path, the pace is probably too slow for any meaningful change in the young workers' fortunes.
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