9.1% Unemployment & Open Positions?

On Friday the Labor Department reported that America’s unemployment rate held steady at 9.1%, resulting in 0% job growth for the month of August. Yet for the same month, employers also reported a sharp increase in difficulty recruiting for open positions (SHRM Leading Indicators of National Employment).

How is it that companies can’t find the talent they need when so many people are looking for work? The answer lies in what economists refer to as “structural discord in the labor market." Plainly put, the competencies of our current workforce do not match what organizations need to stay competitive in the new economy.

When the economy actually improves, companies will have an even harder time attracting and retaining key employees, especially those from younger generations who view their employers with a consumer mindset. As a result, many organizations are starting to define and strategically position themselves specifically for the talent they want to hire and keep. Often referred to as Employee Value Proposition, the perceived rewards and benefits employees get in exchange for performance is becoming a selling point and key business strategy for companies wanting to stay ahead of looming talent shortages.

Don’t let the unemployment statistics fool you. It will continue to be difficult to find good talent. Are you prepared? Do you know how to define and market your Employee Value Proposition?

- Amy Hirsh Robinson, Principal, Interchange Group

Mixing It Up! Amy Hirsh Robinson Featured in HR Magazine

I’d like to share a fascinating examination of generational issues in the workplace. “Mixing it Up,” is the cover story in the May 2011 issue of HR Magazine, in which I am quoted extensively. As an expert on the impact of generational differences in both the for-profit and non-profit worlds, my consulting has evolved over the years to enable organizations to create agile workforces adaptive to change. Through my work, my clients gain a cost effective and competitive advantage in attracting, retaining and managing multigenerational talent. In addition, my strategic expertise refines their business models and practices to address generational trends in the market.

I invite you to read the article and share your thoughts with me on these compelling issues. It’s also not too late to register for my May 19 webinar, “Recruiting The Class Of 2011: Managing the Expectation of Millennials --- And Yours!” If you can't make the webinar, but would like to discuss the intergenerational issues of your company, feel free to contact me at ahr@interchange-group.com.

- Amy Hirsh Robinson, Principal, Interchange Group (www.interchange-group.com)

Recruiting the Class of 2011: Managing Their Expectations -- Any Yours!


Does this sound familiar?

  • You're frustrated by what you call a "sense of entitlement" in todays youth and marvel at their lack of patience to master a skill or job thoroughly.
  • You're horrified by the casual writing style of your younger staff and wonder what happened to spell check and punctuation.
  • You've just spent thousands of dollars recruiting recent college graduates, only to find that six months later they've left you for greener pastures.

Welcome to the Millennial generation! Born into the world of the internet, cell phones and video games, these teens and twenty-somethings are tech savvy with short attention spans. Raised by "Helicopter" Baby Boomer parents who pushed them to excel, Millennials are natural multi-taskers brimming with confidence. This is the Harry Potter generation of team enthusiasts who want to make the world a better place. And they are ready to bypass any red tape that gets in their way!


In only four years, Millennials will represent over 40% of the American workforce. How will employers effectively recruit and manage a group of workers predicted to drastically change how companies organize and communicate? Join us for another popular Interchange Group webinar as we answer this question and share practical strategies for attracting and retaining the Millennials. Learning outcomes include:

  • Expectations, motivations and behaviors of the Millennial generation
  • Recruiting and interviewing tactics to attract top young talent
  • Orientation and on-boarding practices for accelerating time to productivity
  • Strategies for managing career pathing and development conversations
  • Management and communication practices to increase performance and retention

Registration for this webinar is complimentary to Interchange Group clients. Contact your Interchange Group consultant for arrangements or email info@interchange-group.com. Registration for non-clients is available for a fee of $79.


Click here to register