General News

Fewer employers will be holding holiday parties this year, a sure sign the U.S. economy is in trouble, according to Battalia Winston Amrop. In a report based on 20 years of survey data, the New York-based executive recruiting firm found …

Employers are drastically slashing bonuses, severance packages and pay raises next year to cut costs amid mounting concerns of a prolonged economic downturn… …Cuts are being made in all areas: •Lower pay raises. Out of 1,000 midsize-to-large companies surveyed in October, 40% plan …

NEW YORK, Nov. 24 (UPI) — Surveys of U.S. businesses show that all manner of pay increases are expected to decrease in the next 12 months. In October, New York human resources firm Mercer found that 40 percent of 1,000 middle- to large-sized companies indicated they expected to reduce the portion of their budgets set

By: OfficialWire NEW YORK, NY— Surveys of U.S. businesses show that all manner of pay increases are expected to decrease in the next 12 months. In October, New York human resources firm Mercer …

First, talk to HR — and be mindful of what you ask of your co-workers By Eve Tahmincioglu About a month ago, Lewana Dupree was on her lunch break when she drove past a building with a long line of people wrapped around the block. It turned out to be a shelter called The Source

Want to know just how bad the economic slump is? The worst in 20 years, if canapés and wine glasses are any indicator. That’s the finding of Battalia Winston Amrop, an executive search firm that has been surveying businesses across the country about their holiday party …

With so many workers receiving pink slips this holiday season, can you still expect to see a gift on your desk this holiday season? Well, maybe. About 29 percent of offices will be giving gifts to their employees, but this is 3 percent MORE than last year, according to the Battalia-Winston annual …

New York, NY (AHN) – Of 1,000 medium to large U.S. companies surveyed by human resources company Mercer in October, 40 percent will cut the budget allocated for salary increases in 2009. The reduction is part of the cost-cutting measures to be adopted by American firms to cope up with the …

The global economic crisis has spurred new rounds of layoffs, home foreclosures and personal bankruptcies. It’s also hit an annual workplace rite – the office holiday party. Many large companies — American Express, Disney and Viacom – among them, have cancelled big holiday bashes as the economic …

NEW YORK (Dow Jones)–With Mike Duke taking over as chief of Wal-Mart Stores Inc. (WMT), the company is getting a logistics master with expertise in international and U.S. operations to help keep the successful retail titan on track… …In his 13 years at Wal-Mart, Duke has run the company’s U.S. …