Consumer confidence jumps in November; job outlook more optimistic

The Conference Board’s consumer confidence index rose significantly in November after posting a decline in October. The index rose to a reading of 107.1 (1985=100), up from 100.8 in October.

“Consumer confidence improved in November after a moderate decline in October, and is once again at pre-recession...

Infosys COO on Trump-era ‘protectionism’ — Staffing quote of the week

Anticipating a more protectionist US technology visa program under a Donald Trump administration, India’s $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from US college campuses, Fortune reported. “The world over, there’s a lot of protectionism...

Accenture CEO explains why she banned corporate memos (CNBC)

When Julie Sweet became the CEO of Accenture’s North American business in 2015, she made her mark on the $16 billion operation, CNBC reports. Some of the changes Sweet ushered in were big, such as leading important acquisitions for the global professional services business. Other changes were smaller,...

CFO survey finds mismatched skill sets are top reason for failed hires

Aside from poor performance, executives at firms of all sizes cited a mismatched skill set as the leading contributor to hiring failures, according to research released today by Robert Half Finance & Accounting.

Nearly four in 10 US CFOs interviewed, 38%, responded this way, up two percentage points...

Ciber receives NYSE delisting notice

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) received notice on Nov. 17 from the New York Stock Exchange that it is not in compliance with the continued listing standard, which requires that the average closing price of a listed company’s common stock be above $1.00 per share for any period...

Uber drivers to join Tuesday’s ‘Fight for $15’ strike

A nationwide “Fight for $15” day of disruption scheduled for Tuesday now includes strikes by Uber drivers in two dozen cities, as well as by baggage handlers and cabin cleaners at Chicago O’Hare International Airport, hospital workers in Pittsburgh and McDonald’s and other fast-food cooks and...

Sales incentive compensation shifting to include team and corporate performance, study finds

US companies are putting less emphasis on individual performance and increasing the emphasis on organizational success when determining incentive compensation packages for sales roles, according to a study by the Hay Group division of Korn Ferry (NYSE: KFY).

The study analyzed individual contributor sales...

Quality of employment in Canada on the decline, CIBC report finds

More Canadians could have trouble weathering future economic downturns than in the past due to a steady decline in job quality over the last 20 years, according to a new report by CIBC Capital Markets. The report, On The Quality of Employment in Canada, finds that the share of Canadians making less than...

Elliott discloses stake in Cognizant, urges board shakeup (Reuters)

Activist investor Elliott Management Corp disclosed a stake of “more than 4%” in Cognizant Technology Solutions Corp. (NASD: CTSH) and urged the IT services provider to consider shaking up its board as one of several steps to boost shareholder value, Reuters reports. Shares of the company, which...

How Amazon gets its holiday hires up to speed in two days (The Wall Street Journal)

The Wall Street Journal reports Amazon.com Inc. wants its warehouse employees to get to work — fast. To prepare for the flood of holiday orders already underway, the retail giant has been using technology ranging from touch screens to robots to shrink the time it takes to train new hires to as little...