IT Careers: The 40-Hour Work-Week Era Is Ending
Gartner: The 40-Hour Work-Week Era Is EndingBy Deborah Perelman,
eWEEKIn what the I.T. consultancy calls the emergence of the "Digital Free-Agency," individuals will be expected to blend professional and personal computing requirements in an integrated environment. The effect of this practice, as well as new job descriptions, will change the workplace as I.T. knows it.
By 2015, there will be more workers who interact with technology, but they'll be working a whole lot less hours each week, finds a Gartner research report released on May 30.
Gartner argues that three of the four traditional pillars of work—the living wage, long-term relationships with loyal employers, and government- or company-provided pensions—have already gone the way of the dinosaurs, leaving only the 40-hour workweek.
But this, too, is not long for the employment economy, the report said. Societal views on primary wage-earner and caregiver roles, as well as on retirement, are in the midst of changing, taking with them the de facto 40-hour work week. Individuals are already reconsidering its pervasive influence, the report argues, and the dialogue is becoming increasingly political.
Those most affected are at the helm. Retiring Baby Boomers, working-age mothers and Generation X workers are seeking a more fulfilling work/life balance, and the traditional workplace structure is holding them back. The report said that no longer will the workplace be dominated by single bread-winners who expect to retire at the end of their working life, and that businesses need to reckon with this trend.
"When people in these demographics have marketable skills, employers will find it difficult to ignore their requests for more flexibility," said Brian Prentice, research director of emerging trends and technologies at Gartner, in a statement.
"The additional pressures of an aging population and skills shortages will lead to the adoption of digital free agency and flexible work structures as social, political and business necessities."
The effect of these changes will be felt throughout the employment life cycle. Organizations will be forced to redefine existing roles as well as craft new ones based on what can be realistically achieved in half the traditional workweek.
The report suggests that rather than adopt a draconian measure of cutting in half the working hours of all employees, employers that create 20-hour job descriptions will be in the best place to attract and retain the most qualified workers.
"The 20-hour-per-week job description is a relatively simple way of addressing a growing problem without radically restructuring well-established management models," said Prentic.
Digital free agents as change agentsYet, the decline of the standard 40-hour workweek will not occur in a bubble, but at the same time as a consumerization trend increases the roles that IT plays in people's personal lives.
"It will be very hard to draw a distinction between the personal and work computing environment. The shift in power away from the organization, and in particular, the IT department, will be even more significant with these people," said Prentice.
In what Gartner calls the emergence of the "Digital Free-Agency," individuals will be expecting to blend professional and personal computing requirements in an integrated environment. The report said that the effect of this user-driven practice coupled with new 20-hour job descriptions will change the workplace as IT knows it.
"As IT becomes woven into the fabric of people's lives and traditional work-home boundaries are rendered obsolete, digital free agency will emerge," said Prentice.
Report: The supply of IT pros is down, but the demand is up. Click here to read more. Though this trend is only now in the early stages, Gartner argues that sharp CIOs will see digital free agency as a business-relevant trigger and link it to farsighted business benefits.
"Gartner is asking the CIO to consider a long-term planning scenario that prepares for the 20-hour job description and the rise of digital free agency. That consideration needs to happen now," said Prentice.
The report states that smart CIOs will not wait to address two imminent trends: the need to control the computing environment on one hand, while providing increased user autonomy on the other. Doing so will put IT in the business drivers' seat.
"Ultimately, by preparing for digital free agency, the IT department will be able to position itself as a proactive enabler of true business change," said Prentice.
full articleIT, technology, staffing, HR, careers, IT management
Labels: careers, hr, IT, IT management, staffing, technology
New Census Data Proves Changing Demographics: People of Color Top 100MPeople of color will be the majority in this country by 2050, if not sooner, the Census Bureau predicts. The nation got closer to that milestone yesterday when the Census Bureau announced that there now are more than 100 million people of color in this country, with Latinos and Asians growing the most rapidly.
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more )
Labels: hr, marketing, US posulation
Skills for Business - Sector Skills Development Agency
Skills for Business - Sector Skills Development AgencyThe Skills for Business network aims to boost the productivity and profitability of the UK. We're doing this by identifying and tackling skills gaps and shortages on a sector by sector basis. In short, we're trying to get the right people with the right skills in the right place at the right time. The Skills for Business network is made up of 25 Sector Skills Councils (SSCs) - each one is an employer-led, independent organisation. The Sector Skills Development Agency (SSDA) underpins the network and is responsible for funding, supporting and monitoring the SSCs.
Main website
http://www.ssda.org.ukSample
Skills Council for Brokerage.
Learn more about SSDA.
jobs, careers, job training, workforce management, HR, UKLabels: careers, hr, job training, jobs, UK, United Kingdom, workforce management
Leadership Best Practices
Leadership Best Practices: Harvard Business School (HBS) Executive EducationLeadership always has been the key differentiator between successful and unsuccessful organizations. Offered by the HBS Leadership Initiative, Leadership Best Practices focuses on proven leadership strategies and applies the latest research in actionable frameworks. Participants acquire the tools to benchmark and enhance their own leadership practices, as well as those of their organizations.
Learn more about Leadership Best Practicesleadership, best practices, business management, people skills, HRLabels: best practices, business management, hr, leadership, people skills
NYC Politicians Take Sarbox Stance
NYC Politicians Take Sarbox Stance A new McKinsey report says New York is poised to lose more than 60,000 jobs in the next five years, and $25 billion in cash, if securities and Sarbanes-Oxley regulations aren't revised as soon as possible. Mayor Michael Bloomberg and New York Sen. Charles Schumer were slated to "unveil" the report, which was commissioned by the city. The report recommends adopting looser, principles-based regulations. New York Governor Eliot Spitzer admits that his support of the report would doubtless "raise eyebrows" given his quest to end crime on Wall Street when he was the state's attorney general. Nonetheless, he says, parts of Sarbox that are "burdensome" should be changed. One observer notes that the study seems to be skewed; it discusses only the "banking side" of financial services and doesn't address problems that may or may not exist on the listing side.
Read this articleHR, jobs, derivatives, trading, risk managementLabels: careers, financial firms, financial jobs, hr, jobs, NYC, SarBox
Jobs: Financial Reporting, Controllers Analyst (NYC)
Role: Analyst - Financial Reporting Controllers/New YorkCompany: Goldman SachsIndustry: Investment BankingJob Description:The intermediate/senior analyst will be an integral part of the GS Execution and Clearing financial reporting team. This includes assisting in the preparation and submission of the balance sheet and supporting schedules on monthly basis. The analyst will interact with other divisions throughout the firm with regards to Consolidated reporting, FAS 140 disclosure, Inventory and other balance sheet and P&L transactions. Also experience with FAS 109 tax reporting would be a plus.
Principal Responsibilities:- Assist with Monthly Balance sheet preparation
- Subsidiaries financial statement preparation
- Estimate to actual reviewInventory broadening and review
- Tax accruals and associated analysis
- FAS 140 calculation
- Participate in the semi-annual and year end audits
- Special projects
Experience/Skills:
- Degree in Accounting
- 1-3 years relevant work experience (preferably with a public accounting or financial services firm)
- CPA a plus, but not requiredStrong PC skills (Excel, Word, Essbase, DBS Ledger)
- Strong analytical skills and detail orientation
- Excellent Interpersonal and communication skills
Contact via email for further information.
Careers@BizAnalyst.net and gloria.chen-li@gs.com
HR, jobs, derivatives, trading, risk management
Labels: accounting, careers, derivatives, electronic trading, finance analyst, goldman sachs, hr, investment banking, jobs, risk management, trading
Citigroup plans to cut costs by $1 billion
Citigroup plans to cut costs by $1 billionCitigroup, trailing its rivals in profit growth, plans to cut $1 billion in costs this year, Bloomberg reports, citing a source with direct knowledge of the plan. The cost-cutting measures will involve eliminating some jobs, moving others to less expensive locations and overhauling the risk-management unit.
Read this articleIs this the beginning of a cost cutting wave on Wall Street? Feast or Famine.
Take a look at the new hiring trends on Wall Street.HR, jobs, derivatives, trading, risk managementLabels: careers, citigroup, cost cutting, derivatives, electronic trading, hiring, hr, jobs, layoffs, reorg, risk management, trading
Compensation & Negotiation: Please, Sir. I Want Some More.
Please, Sir. I Want Some More. Compensation Negotiation Article by
eFinancialCareersWhat if you're not satisfied when you get your bonus? Could you negotiate for more? Success is rare, and it could be a dangerous path to pursue. "In 20 years at Goldman, I never once saw anyone renegotiate their bonus after it had been announced, ever," says one former department head at Goldman Sachs...
full storyHR, jobs, derivatives, electronic trading, trading, risk managementLabels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Email Security: Justifying Costs and Measuring ROI
Email Security: Justifying Costs and Measuring ROIJanuary 30, 2007 @ 2:00 p.m. Eastern/11:00 a.m. Pacific
Duration: 45 minutes
Register todayIT staffs often face tough questions:
- How do you keep up with the latest inbound email threats?
- How do you stop information leaks while letting people do their jobs?
- How much security is enough?
- How much is this going to cost?
The rapid explosion of email spawns numerous security threats including spam, viruses, scams, identity theft, and leaks of sensitive information. With each new threat, organizations scramble to defend their networks while keeping mission-critical email flowing. Join Tumbleweed Communications for an upcoming eSeminar exploring these issues. Willy Leichter, director of product marketing at Tumbleweed will host an interactive presentation on "Email Security: Justifying costs and measuring ROI" During this interactive event you'll be able to ask questions and receive prompt replies. You'll have access to reference material you can use. Discussion topics will include:
- challenge of measuring an ROI for security
- effective ways to keep up with the latest email threats
- hidden costs of managing multiple email security systems
- tendency to over-size your email & storage infrastructure to keep up with growing traffic
to enforce policy controls without disrupting business
Featured SpeakersFrank Derfler, VP, Market Experts Group - Ziff Davis Media
Willy Leichter, Director of Product Marketing - Tumbleweed Communications
Register todayLabels: careers, hr, jobs
Outsourcing Heads To the Outskirts
Outsourcing Heads To the OutskirtsGramIT brings tech-services jobs to rural areas-and transforms villagers' lives
Read the articletechnology, HR, jobs, derivatives, electronic trading, trading, risk managementLabels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
New Careers and Business Opportunities
Are you looking for a new job?
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- IAB Benefit Plans: Earn $100 (plus residuals) for each member you sign up. IAB provides alternative and supplemental benefits for a full range of medical services (health, medical, vision, dental, etc.) They also provide discount support services for home based businesses: shipping, roadside assistance and more. The competitive advantage of IAB is that one membership covers your entire family. You do not pay additional fees per person.
- SFI Marketing Affiliate Program: SFI provides online marketing and business platform for small businesses (SOHO - small office, home office) and niche market products and services for the small business owner. Affiliates earn a percentage of sales with residuals.
- XanGo Distributors: A new business leader has emerged in the multi-billion dollar health food industry: XanGo. It is an all-natural beverage made from the Mangosteen fruit. High in vitamins, antioxidants and xanthones, XanGo has rave reviews for its nutrional value. The company is offering new distributors an excellent opportunity to build a residual income by offering automated monthly delivery directly to your clients (ADP system). No inventory for you to handle. This company will reach $1 billion in sales very soon. Will you be a part of it? Learn more about XanGo.
- Lifestyle Travel Club - YTB Network: Own your online travel agency with all the benefits of a franchise working for you. It's a great way to make money and have lots of fun. Get paid to go on vacations. Earn commissions from online bookings (air, hotel, cruises etc.). Also earn for referrals to new franchise owners ($100+ per sale, management override)
- Own your own bank! (with Prosper.com): You heard it here first! Propser.com will become the "eBay" of online banking and peer-to-peer lending. You can add it to your investment portfolio and earn great interest rates (avg. 18%+ APR). All the tools are online. So just register to set your loan selection criteria and it runs automatically. Truly earn money 24/7, passive loan income. Join our business network and Proper.
For more info about any of these career and business opportunities, email us at: Careers@BizAnalyst.net
HR, jobs, derivatives, electronic trading, trading, financial advisor, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Wall Street adds jobs, boosts salaries in NYC, report shows
Wall Street adds jobs, boosts salaries in NYC, report shows
The securities industry added 9,500 jobs in New York City between 2003 and 2005, triple the rate of other employment figures, according to a report from New York state Comptroller Alan Hevesi. Average salaries on Wall Street have increased 28% since 2003 to reach $289,664.
Read this article
HR, jobs, derivatives, electronic trading, trading, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Jobs: Basel II - Credit Risk - Senior position
Long term position working a Global Financial Firm located in Warren, NJ. If you are interested, please reply to this email with current resume.
Thanks so much!
� 6+ years of experience in Technology, Finance and Basel II
� Good knowledge of Basel II - Credit Risk (Wholesale, Retail, Securitization and Equities) processes and data
� Understands Basel II Regulatory Requirements
� Good knowledge of Basel II products and sub-products (e.g. OTC, Repo-style, AFS etc.)
� Experience in design of architecture of n-tier distributed system
� Understands tools and technology - ETL, Analytical/Calculator Engine, Databases, Reporting etc.
� Capable to document Basel II logical architecture, physcial architecture, process flow, information/data flow and data model
� Strong communication skills
� Create the Logical Architecture document
- Logical/Component Architecture
- Systems/Components Process Flow
- Integration Architecture
� Create the Physical Architecture Document
- Deployment Architecture
- Infrastructure Architecture
- Physical Architecture
� Create an end-to-end Logical Data Model document
� Create an end-to-end Data/Information Flow document
If you are qualified, available, interested, planning to make a change, or know of a friend who might have the required qualifications and interest, please call Melody at (212) 306-0158. State that Victor Smith referred you for this job.
Melody Gingrich
Algomod Technologies Corporation
116 John Street
New York, NY 10038
Phone: (212) 306-0100 or (877) 711-8700
Fax : (212) 306-0191
For more job opportunities: www.bizanalyst.net/Careers
HR, jobs, derivatives, electronic trading, trading, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, technology, trading
| Article: | Plan For New Job Success |
 |
|
|
By Ramon Greenwood, Senior Career Counselor
Every year hundreds of thousands of careerists--from those carrying freshly minted diplomas through veterans in the workplace--start new jobs.
One-fourth of those don't survive the first year of their new job, according to a study by The Employment Foundation. Nearly half are out the door in 18 months, reports Leadership IQ, a training firm.
The message is clear: recognize the extreme importance of getting off on the right foot from day one on a new job. Performance in the early days will often provide strong and lasting indicators for both employee and employer as to how a new hire will perform. Fair or unfair, first impressions have a lasting effect on success.
Here are nine basic guidelines that can be helpful in making the most of the new job: - Work, work, work and then work some more. No substitute, no short cut will replace work. This means more than working diligently from eight to five. Take work home for nights and on weekends. Near total immersion in the job is recommended.
- Arrive early on the job and stay late. Get to work at least 30 minutes before the specified starting time for the first several months. Often, the boss is also in early. It's a great time to get better acquainted with her. Stay a while after the regular hours. Clean up your personal work place. Make a list of actions to be taken the next day.
- Don't expect to conquer the world in six months. But realize the scoreboard is operating from day one.
- Don't be afraid to ask questions and seek help when needed. To do so is a sign of strength not an admission of weakness, as is often assumed. Seeking assistance, intelligently, shows confidence and desire to do the job. Acquire a mentor as soon as possible. Find someone who has been around the track to provide coaching and share experiences.
- Observe how things "really get done." Learn how the machinery of the organization works. (This is likely to be quite different from what's spelled out in the policy and training manuals.) Absorb the folklore.
- Don't join cliques or deal in office politics. Leave the gossip to others.
- Respect the hierarchy. The organization is bigger and stronger than any one person. The new boy in the neighborhood can't change it in the beginning. Recognize and respect there's a chain of command; everybody has a boss. Rebels rarely survive for the long haul.
- Know the business of the business... the mission of the organization, what it does and what values it represents. Learn how the job fits into the overall picture.
- Adapt to the environment. Observe the style of dress - casual or more buttoned down? - and be guided by it. Is business done in an informal manner or strictly by the rules? By memos and formal meetings or by face-to-face discussions and chance meetings in the hallway?
It just makes common sense to recognize that those who go contrary to these guidelines make life difficult for themselves and raise the odds against their success. Who needs that?
Ramon Greenwood is a former Senior Vice President of American Express, and career counselor. He is now senior career counselor for Common Sense At Work.
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Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Jobs: Global Electronic Trading Support Analyst needed in New York
Global Electronic Trading Support Analyst
This is a FULL-TIME position paying between $80-100K located in New York City, NY.
Responsibilities:
Large financial trading company is seeking an individual who can provide highest quality first level end user support for its clients.
Successful candidates will possess :
- excellent technical and troubleshooting skills
- Financial Services industry experience, in particular Equity Trading
- strong orientation towards customer service
Responsibilities:
- Provide complete service and support to Institutional clients; including installation, training and optimal use of company's trading technology
- Troubleshoot client issues using both telephone and on-site service; including application, technical, trading and settlement issues
- Establish and maintain on-going positive client relationships
- Participate in User Acceptance Testing and contribute towards product enhancements of various front end products.
- Work closely with Institutional Sales team in identifying opportunities and building client relationships
Minimum Professional and Technical Skills:
- Ideal candidate will possess at least 2-3 years of similar experience in technical, trading and customer support
- Experience supporting and troubleshooting FIX protocol
- Must be proficient with MS Windows, including latest MS Office suite of products
- Excellent communications and organizational skills are required
- Candidate must be a problem solver, self-starter and team player
Minimum Education,Certification, Training:
- Post Secondary Education, ideally specializing in Business or Computer Sciences
- Securities Industry experience: Series 7 and 55
Additional Comments:
- Occasional work outside regular working hours (evenings and or weekends)
HR, jobs, derivatives, electronic trading, trading, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Jobs: Jr. Sales (Financial Services: Sales & Marketing)
Position: Jr. Sales (Financial Services: Sales & Marketing)
Location: New York, NY
Salary: $40,000-$45,000 Base
Description:
Our Client is offering you the opportunity to join our new and rapidly expanding team where you will be given the knowledge, training, support and resources upon which to build a successful and lucrative career in either our Marketing or Client Services division.
What we're looking for:
- Bright, dynamic, enthusiastic, proactive, professional, ambitious, focused, tenacious, competitive, positive, intelligent, articulate, customer-focused, self-motivated, strong team player.
- Strong G.P.A. in a relevant / academic discipline such as Economics, Finance, Business, Languages, Math, or Science.
- Between 1-2 years work experience (we don't mind where you've been working) but you should be able to demonstrate:
- That you've acquired good relationship management experience
- That you have excelled in your current role and are considered a high achiever by your current boss
- That you have been exposed to a range of professional services disciplines
- That you have learned enough to know that you are motivated to build a successful career within the Financial Services arena focused in client relationship management
Recruiter:
Kendal Ridgeway, Junior Recruiter Postings@CareersOnTheMove.com
Referred By: Victor Smith victor7@bizanalyst.net
HR, jobs, derivatives, electronic trading, trading, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Companies plan to add staff in 10th straight quarter
Companies plan to add staff in 10th straight quarter
A survey of 16,000 U.S. employers found that 31% of companies planned to increase their staffing levels in the third quarter of this year. The expected staffing level increase for the second quarter was 30%, and the third quarter increase represents the 10th straight quarter in which more than 20% of companies planned to add staff.
The New York Times/Associated Press
HR, jobs, derivatives, electronic trading, trading, risk management
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
The Thinking Man's Outsourcing
The Thinking Man's Outsourcing
Inc.com: Outsourcing began with the shift of manufacturing, call centers,
tech support and "brute-strength" programming being shipped to the lowest
offshore bidder, with higher level jobs such as product design, engineering and
R&D staying onshore. That's changing as companies look to achieve faster
time-to-market on product design while still seeing lower costs. This article
offers a number of knowledge outsourcing success stories. One company found that
there were no U.S. companies willing to put its project on the fast track. It
teamed with a global company that uses offshoring to bring products to market
quickly. Not only was the timing right, but the costs were too, as offshoring
slashed the project's startup costs by half. According to the article, many
companies are using offshoring merely to stay competitive. One expert says:
"There are three reasons to outsource. One is cost reduction. Two is growth.
Three is existence."
Learn more...
HR, jobs, derivatives, electronic trading, trading, risk management, outsourcing
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
Jobs: Assistant Director Position
Urban Youth
Alliance: *Assistant to the
Director of
Development**Part Time- 30
hours/week****Position Description:*Urban
Youth
Alliance is an indigenous, multi-ethnic, multi-denominational
faith and
community-based organization in the South Bronx that has
trained urban youth
for leadership since 1970. Urban Youth Alliance is
seeking to immediately
hire an Assistant to the Director of Development
to provideadministrative
support and development assistance to the
Director of Development. The
position
pays $12.00/hr for 30
hours/week.*Responsibilities
include:*· Researching grants and other
funding
opportunities· Editing and revising grant proposals·
Coordinating
fundraising events· Providing administrative
support to the Director of
Development· Coordinating
communication with
individual
donorsQualifications:· Superior writing
ability & editing
skills· Strong research skills·
Strong verbal presentation ability· Strong
administrative and
organizational skills· Ability to coordinate
events·
Comfortable working in a South Bronx
community-based
setting. Applicants from the South
Bronx, or similar
urban areas, are encouraged to apply**·
Comfortable working with a
faith-based agency; familiarity with Bronx
church community a
plus*To
Apply:*Please send the following via mail to Faye Lopez
at PO Box
617, Bronx, NY 10451 or via fax to
(718) 402-6879· Cover Letter (no
applications will be reviewed
without a coverletter) addressed to Ruben
Austria, Director of
Development· Resume or CV· Writing Sample (any
example
of applicant's writing will
suffice)
Labels: careers, derivatives, electronic trading, hr, jobs, risk management, trading
