| Fired S&P Employee Files Bias Lawsuit
A former employee of Standard & Poor's has filed a $5 million discrimination lawsuit that accuses the financial information company of allowing other employees to harass and humiliate him because of his Hispanic ancestry and then fire him because he complained. Raphael Garcia, of the Bronx, says in papers filed in Manhattan's state Supreme Court that somebody spat on his computer keyboard while he was away from his desk and rummaged through his drawers and personal belongings. A senior quality assurance engineer who began working for S&P in December 2002, Garcia earned $97,000 a year, he says. His court papers say his job conditions were fine until September 2005, when Marjie Veselik became manager of the quality assurance team he worked on. Garcia says Veselik began "humiliating and hostile discriminatory harassment" against him, including calling him profane and racist names, denying him training and advancement opportunities and depriving him of previous job responsibilities.
[Source: MSN]
BPO Management Services Announces Completion of HRMS Acquisition
BPO Management Services Inc., a full-service business process outsourcing company focused on serving middle-market enterprises, has announced the completion of its acquisition of Human Resource MicroSystems, Inc. (HRMS), a San Francisco-based provider of human resources software to the middle market. In addition to the traditional HRMS software sales model, BPOMS also plans to offer the HRMS software to its customers under a software-as-a-service ("SaaS") basis hosted from a BPOMS data center facility. BPOMS plans to relocate its existing HRO business to the HRMS headquarters located in San Francisco.
Workstream Launches On-Demand Solutions for Mid-Market Businesses
Workstream Inc., a provider of on-demand compensation, performance, and talent management solutions, has announced three new on-demand solutions -- Workstream Recruitment Professional, Workstream Performance Professional and Workstream Development Professional -- for mid-sized businesses. Traditionally, a large enterprise solution provider, Workstream is now broadening its product line to aggressively target companies with between 100 and 2,500 employees. The new Workstream solutions address a long-ignored need among mid-market companies for on-demand human capital management solutions that can be deployed quickly and work immediately out-of-the-box.
Employees Use Web 2.0 and Knowledge Management to Add Value to Their Organizations
LexisNexis, a provider of information and services solutions, has announced the results of a nationwide survey to provide insights into how Information Professionals (IPs, or someone who strategically uses information in his/her job to advance the mission of the organization through the development, deployment, and management of information resources and services) are adding value to their organizations through technology and knowledge management. The survey also explores where IPs see the future of technology.
Information professionals are savvy when it comes to leveraging technology to make information more valuable, relevant, and accessible, with 93% of IPs saying they currently use intranets for managing and distributing information, and seeing collaborative workspaces (57%), wireless (44%), and portals (51%) as very important for the future.
The survey revealed an interesting breakdown and frequency of information sources accessed. With Web 2.0 it’s no surprise that information professionals are very in-tune; nearly four in ten access Weblogs at least weekly (39%), and more than a third access wikis (34%).
For more traditional sources there was even greater usage. More than nine in ten surveyed access news Web sites (92%), and company Web sites (93%) at least weekly (or more often). Video or audio podcasts were rarely accessed. Less than two in ten access video podcasts (16%), or audio podcasts (15%).
When respondents were asked, “What is the most successful new initiative/service that you have launched in the past year?” the top five responses were:
- Document search, retrieval, delivery, and access enhancements, such as centralizing the document collection into a common ILS or Integrated Library System, OpenURL linking, RSS feed, taxonomy, and library portal integration, development and/or enhancement.
- Embed and/or migrate IP services within business units.
- Increase, provide, and/or offer new training.
- Enhance or standardize process and quality control procedures.
- Provide assistance and services proactively.
Other notable mentions included digitizing important and/or historical print sources, providing collaborative workspaces, and creating wiki-type databases.
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Road Warriors at Best-In-Class Organizations are 35% More Productive
In the newly released report Benchmarking the Enterprise Road Warrior, Aberdeen Group, a Harte-Hanks Company, found that best-in-class organizations are twice as likely to be “very satisfied” with the productivity of their road warriors as compared to all the others.
The report analyzed organizations’ use of mobile technologies, including smart phones, wireless data cards, and hotspot services to better understand how best-in-class organizations leveraged the technologies to improve their road warriors’ connectivity and productivity. As part of that performance increase, best-in-class organizations are also three times more likely than all other organizations to rate the quality of their tech support for road warriors as “very high.” Over 400 organizations worldwide contributed their experiences to the study in order to be heard. The best-in-class organizations represent the top 20% of the responding organizations and are defined on the basis of process, organization, knowledge and technology.
The report shows a strong correlation between the deployment of mobile tools and workforce productivity. As best-in-class organizations have taken a more systematic approach to deliver mobility solutions to their road warriors, they are able to translate those implementations into improved productivity for their road warriors.
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IT Staff Could Benefit From Enhanced Technical Skills
As technology changes, so do the job requirements for a company’s IT staff. In a new survey, 25 percent of chief information officers (CIOs) ranked technical skills as the area in which their IT staff could most use improvement. Project management abilities were a close second with 23 percent of the response.
The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees. It was conducted by an independent research firm and developed by Robert Half Technology, a provider of information technology professionals on a project and full-time basis.
CIOs were asked, “In which of the following areas do you think your IT staff could most use improvement?” Their answers: Technical abilities (25%); project management skills (23%); verbal and written communication abilities (15%); organizational skills (14%); and interpersonal skills (12%).
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CEOs' Major Hiring Concerns: New-Employee-Success Rate, Hiring Systems
Imagine how your company would run if nearly half of its employees performed below average or turned out to be a hiring mistake. Unfortunately, this very real, stressful and costly scenario is playing out for many top CEOs, according to the 2007 Management Action Programs (MAP) Quarterly CEO Survey conducted by Vantage Research. Survey results indicate an “at risk” employee-success rate, given that 32 percent of the CEOs report that up to 50 percent of their new employees haven’t been meeting expectations over the past two years.
Just finding the ‘complete package’ in a potential employee, that is, with appropriate skills and training combined with the right attitude and work ethic, is very challenging for these CEOs.
Additional second-quarter statistics point toward a breakdown in hiring systems as the culprit behind this “at risk” employee-success rate. Again, more than a third (36 percent) of CEOs lack confidence in their company’s hiring systems, rating them below average. And when these employers discover a strong candidate for a position, they often cannot afford to bring them on board.
The at-risk hiring process is very serious. The cost of losing a new hire can run two to three times his or her annual salary -- both in hard and soft dollars -- and the expense is sometimes much higher than that.
The survey also uncovers that CEOs worry about how today’s current events could impact their company’s potential. However, it’s “internal issues” that keep these business leaders awake at night.
Finally, the survey indicates that CEOs rely mainly on referrals to source new employees. Other methods, listed in order of popularity, include: print advertising, online advertising (e.g., Monster.com), external search firms and their company website ads.
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Corporate Use of Executive Coaching May Have Peaked
Coaching of corporate employees may have passed its peak in popularity, according to a survey of 2,000 human resource executives by Novations Group, a global consulting and training firm based in Boston. One-third of the organizations that provide executive coaching report they rely less on it than in the past.
Companies that offer coaching were asked what statement best describes their organization’s use of coaching?
- We increasingly rely on coaching: 19%.
- We rely on coaching at about the same rate as in the past: 48%.
- We rely less on coaching: 33%.
Executive or employee coaching increased dramatically over the past decade or more, so it’s understandable that such enormous growth would slow somewhat, but now it appears there may even be a slight downturn. No doubt this is due to senior management pressure for greater accountability and cost containment, says Novations.
But there will be a cost if less coaching is available at the middle and senior levels. Most of those leaders who in recent years were able to make a successful transition to the next level benefited from coaching.
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