Thursday, July 21, 2011

Survey: Economy causing big workloads - Portland Business Journal:

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More than 4,800 hiring managers in financd and human resources across 21countriezs responded. In the report, 32 percent of U.S. compared to 40 percent said that their finance and accountinyg departments had been affected bythe downturn. Among that 49 percent of U.S. respondentxs have a hiring freezein place, 47 percentg have consolidated roles and 38 percen have experienced layoffs. When asked how the currenf economy has affected their individual 48 percentof U.S. respondents cited increasedx stress, compared to 39 percent The next most commonlycited effects, both globally and in the were heavier workloads and decreasef morale.
In response to the economic downturn and its impact ontheir employees, the majoritgy of managers surveyed -- 62 percenr in the U.S. and 70 percent globally -- have taken some form of actionb to better supporttheir teams. The most common tactics employers worldwide are doing includeredistributintg workloads, upping communication with staff and postponing Recruiting challenges have eased the most in the U.S. wher only 32 percent cited difficultg locatinggood workers, down from 72 percent last year. But 40 percenr of U.S.
respondents were worried aboutg losing key staff to other jobs in the next compared to the global average of53

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