BusinessWeek's 10 Best Corporate Practices

BusinessWeek recently provided their list of the 10 best corporate practices or the "ideas that make great sense for employees and for the organizations that employ them:

1. Employee-Referral Bonuses
2. Employee-Driven Transfer Policies
3. Van Pools and Subsidized Transportation to Work
4. Town Hall Meetings
5. Ethics Hotline
6. Distance Learning
7. Company-Sponsored Alumni Groups
8. Corporate Social Responsibility Programs
9. Matching Contributions (i.e. 401K or donations)
10. Intranets
    

Read more details on these 10 items at the following link.

10 Best Corporate Practices. [BusinessWeek]

Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalization * Trends * Outsourcing

NASA's Human Capital Strategy

With the highly complex, expensive, and risky missions of NASA surely their Human Capital Management strategy must be of critical importance to their success. This strategy is available to view here and outlines the following subjects:

• Overview
• Introduction
• Drivers
• Architecture & Improvement Initiatives
• Pillar 1 - Strategic Alignment
• Pillar 2 - Strategic Competencies
• Pillar 3 - Learning
• Pillar 4 - Performance Culture
• Pillar 5 - Leadership
• Implementation
• Measurement
• Accountability for Results
• App-A: Roles and Responsibilities
• App-B: NASA's Human Capital Challenge
• HCM Plan (Printable Version
• Implementation Plan (Printable Version)
• Implementation Plan
• Human Capital Accomplishment Report (PDF)
• Integrated Human Capital Management Tools
• Human Capital Legislation (HCL)

Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalization * Trends * Outsourcing

Bill Gates: Skilled foreign minds needed in U.S. or competitive advantage might be lost

Before a U.S. Sentate panel on March 7th Bill Gates competitive advantage is being threatened by U.S. immigration laws. Gates wants to lift the U.S. restriction of temporary H-1B visas, which allows foreign workers with at least a bachelor's degree to work in the U.S. from 65,000 a year.

'We are failing to live up to our obligation to make the investments needed to make sure that the U.S. remains competitive in the future,' Gates told the Senate Health, Education, Labor and Pension Committee. 'Our economic future is in peril.'

Gates said the United States should strengthen math, technology and science education so the nation can double the number of graduates in those areas by 2015.

See the whole story at the financial times here.

Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalization * Trends * Outsourcing

How Companies Find Candidates to Hire - CareerXroads 2006 Study

A recent CareerXroads study, conducted by Jerry Crispin and Mark Mehler, was conducted to reveal how companies found new candidates in 2006. Here are the results:

Click on Image to Zoom In

Data was gathered by:
* CareerXroads asked 200 major companies to participate; 54 firms responded within 30 days, and of that number, 40 submitted fully qualifying information.
* The 40 companies participating in the survey employ 1,281,429 people.
* 1,880 recruiters filled 207,702 full-time U.S. openings in 2006.
* Approximately 60% of all the hires reported were for exempt-level employees (58% of internal fills and 64% of external fills.)
* Contract, part-time, and contingent workers are a growing percentage of the workforce; only 10% of the respondents have no contract workers.

Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalization * Trends * Outsourcing

New Ways of Thinking in the War for Talent

A McKinsey & Company study (2001) culminated in the book The War for Talent, an insightful look into the deeply held belief, in 'high-performing' companies, that the key to competitive advantage comes from superior talent and managing that talent effectively. The following chart, from The War for Talent, takes a look at the the new and old ways of thinking about human capital: