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Corporate Tuition Aid Keeps Workers Loyal

Economists have long questioned the value of corporate tuition-assistance programs, asserting that employees' new degrees would make them more marketable and more likely to leave.

But a growing body of research concludes just the opposite: Paying for employees' education makes them more likely to stay.





One new study, by Stanford graduate student Colleen N. Flaherty, found dramatically lower attrition among participants in a tuition-reimbursement program at an unnamed nonprofit institution. Among employees hired the year after the program started, only about 33% of participants had left the employer within five years, compared with about 60% of employees hired the same year who didn't use the tuition program.

Peter Cappelli, a management professor at the University of Pennsylvania's Wharton School, concurs in his 2004 study that "tuition assistance appears to select better-quality employees who stay on the job longer," in part to make use of the benefit.

(May 21, 2007, The Wall Street Journal)



2007年05月22日 News トラックバック:0 コメント:2

Experienced hires on the rise

Major companies are increasingly hiring experienced employees. According to a research conducted by Nihon Keizai Shinbun, hiring of experienced employees increased by 6.1 percent compared to last year. Companies are deploying these experienced hires to strengthen new lines of business. Sony plans to hire 400 experienced employees, or 14 percent increase from last year, topping the group of manufacturing companies to increase experienced hires. Seven Eleven Japan plans to hire 475 employees.





In a survey of 2081 companies, new recruits for the spring of 2008 decreased 0.2 percent to 126,850 indicating that while companies aggressively recruit on campuses, they are also aggressive in hiring experienced employees to secure necessary talents. (Source: Nihon Keizai Shinbun



2007年04月25日 News トラックバック:0 コメント:2

More people switching jobs

According to a research by the Ministry of Internal Affairs and Communications, 3,460,000 people, 1.8 percent increase from prior year, switched jobs in 2006, marking the highest number of people changing jobs since 2002 when the research began. Job changes among women increased 2.9 percent pushing the total number upward. The result reflects Japan’s improving economy and companies’ aggressiveness in hiring experienced employees.





The total number of people switching jobs increased for two consecutive years. Unemployment rate decreased from 5.5 percent in June 2002 to 4.0 percent in November 2006 reflecting the improving labor market. (Source: Nikkei Net)



2007年04月25日 News トラックバック:0 コメント:2

Nissan to Cut 12,000 Jobs in Japan

Nissan Motor Co., Ltd. the maker of Fairlady Z and Skyline announced on April 23 its course on implementing early retirement programs targeting approximately 12,000 employees in the manufacturing and sales departments over the age of 45. The company aims to reduce its sales force which comprises 70 percent of this number. Nissan, under continuing weak demand, have reduced production at two factories from April. The company, determining dramatic improvement in domestic sales to be difficult, has stepped up to the lay off in eight years since 1999.





Nissan will pay additional severance calculated according to the number of years with the company. Application is accepted for 6 months beginning June. Nikkei Net

When can employers lay off employees in Japan? See related articles.



2007年04月24日 News トラックバック:0 コメント:2

Manage your time, seize your success

Wonder what makes successful people succesful? Good time management. But don't worry, this is a skill that can be acquired with a little discipline.





1. Don't leave your e-mail sitting in your inbox. Only touch e-mails once, then take action as soon as you read it. Move it to your to-do list, print it out, or move it to your calendar.

2. Admit multitasking decreases productivity. Do only one action at a time.

3. Make a list of the day's tasks, and do the most important task for that day first. Organize the list the night before so you know what to expect tomorrow.

4. Check your e-mails on a schedule, not each time that e-mail sign appears on the bottom right corner of your desktop. Relax and remember: people want predictable responses - not instantaneous.

5. Keep Web site addresses organized using bookmark and favorite functions.

6. Recognize your highest-level productivity time and manage your schedule so you do your most important work at during that time.

7. Save keystrokes to save time. How many key strokes does it take you to Google search? Can you reduce it to three? You might save 10 seconds, but over time, that adds up.

8. Make it easy to get started on an overwhelming project by breaking it into manageable bits.

9. Organize your to-do list every day. Some people like writing the list out by hand. Others prefer using software which slices and dices their to-do list into manageeable, relevant chunks.

10. Dare to be slow. Remember that someone who is doing the highest priority task is probably not answering incoming e-mails while they're doing it. Consider what's most important and invest intellect - not speed - to completing the task.

(Source: AM NY, Monday, April 23, 2007. "Time is Money, so manage it" by Karen Salmansohn)



2007年04月24日 News トラックバック:0 コメント:2

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