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Severance Payments Tumble
Cash severance payments to employees terminated in 2001 have declined by up to 20% from severance packages awarded in 1997, according to a recent survey.
Overcoming the Impact of Irrational Management (July 2002)
The newspapers and trade magazines are full of stories about layoffs and the impact of the economic downturn on IT departments, as well as a full array of contradictory predications about when things are going to get better. The downturn is being blamed for everything from low morale to lethargy in the IT department.
Help Wanted: Tech Savvy Leaders (April 2002)
Despite widespread workforce reductions in the United States during the last several months, the war for talent continues, with leadership and management leading senior executivesâ lists of the most-sought-after skills for 2002. These are among the key findings in a survey of Fortune 1000 companies released in March 2002 by Accenture.
Gender Gap Still Exists Between Men and Women at Work (April 2002)
People throughout North America say that the new generation of professionals lack commitment to their work. But in a study released by Catalyst of Generation X professionals in the United States and Canada, 47% say they would be happy spending the rest of their careers with their current organization, 85% care a great deal about the future of their organization, and 83% say they are willing to go beyond what is normally expected in order to ensure the success of that organization.
The Meaning of Work (April 2002)
According to the October 2001 Xylo Report, Finding Meaning and Purpose in the Workplace, the vast majority of American workers find their work meaningful (92%). Women are more likely than men to find their work meaningful (94% compared to 89%). Older workers are also more likely to find their work meaningful â almost eight in ten respondents (77%) over the age of 55 find their work very meaningful, while less than six in ten (58%) respondents between 18 and 24 do. Married people are seven percent more likely than singles to find meaning in their work (94% vs. 87%).