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While many American workers may be familiar with the concept of the exit interview, a tightening labor market is prompting employers to initiate “stay interviews” as a preemptive means of hanging onto talent.
In a new survey of human resources executives conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., more than 50 percent of respondents said their companies were already conducting stay interviews or planned to start doing so in the near future.
“Exit interviews with departing employees can be enlightening, but the obvious downside is that any useful information gleaned from it is too late to keep the person from leaving. As talent becomes more scarce, it is critical that companies be more proactive when it comes to retaining their best workers,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas.
Now, in yet another release they said being a CEO is harder than ever - CEOs being fired is up quite a bit.
Turnover among the nation’s chief executive officers increased for the second consecutive month in April, as 108 CEO departures were announced during the month. That was up 7 percent from 101 in March, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
The April total was 11.3 percent higher than the same month a year ago, when announced CEO departures totaled 97. Last month marked the third time this year that departures exceeded 100.
To date, 427 CEOs have left their posts in 2016, 7.8 percent more than the 396 CEOs who exited during the first four months of 2015.
Untrue. The Fed engaged in QE for the benefit of the broader economy. It worked. It prevented a global collapse and depression the likes of which have not been seen since the Dark Ages.
Untrue conspiracy theory. No one is fixing auctions. There are more than enough buyers. Saying something over and over does not make it true.
That's just silly. It prevented a global collapse and depression the likes of which have not been seen since the Dark Ages.
America benefited from the Fed & Treasury and various bank regulators. It prevented a global collapse and depression the likes of which have not been seen since the Dark Ages.
You could not be more incorrect. Every reputable economist in the world, none of which are dumb or blind, disagrees with you.
Yes, that is the point. QE, liquidity and recapitalization staved off the worst economic collapse the world has ever seen that would have resulted in a depression the likes of which have not been seen since the Dark Ages.
You are wrong. Saying something over and over does not make it right.
The central bank must be independent in order to operate, otherwise whack-jobs in Congress who can't even spell Economics would come up with conspiracy theories and undermine its mission.
There is not a single thing the Fed does that violates our constitution.
Saying incorrect things over and over does not make them true.
Everything that you say is incorrect. Saying incorrect things over and over again does not make them true.
You are wrong in everything. Saying something over and over does not make it right.
We should have begun raising rates in 2001. We did not. Greenspan, at least, understood this, and raised rates in 2003, 2004. A little late; but at least he understood -- you DO NOT seduce people into more debt when the Business Cycle has ended. The goal of the FED (and this should be stated in their charter) is to limit debt at the end of the business cycle. Greenspan tried to do the right thing; saw where it was going -- he was no Volcker -- got scare and retired. Bernanke DID NOT even see this reality. BB is still fighting the war of the Great Depression, truly believing (this is a religion with him) that if we do it right we won't have to have deflatiion, but only growth for ever. He believes in a half-world concept: see only the part of reality you like to see.
Anyway, we are now 15 years into this Deflation Season, when we are supposed to destroy debt. And we are still being led by those who believe extend and pretend is a new age doctrine. ZIRP and QE is the creed of those who believe self-deceit is its own reward. No ZIRP or QE does not destroy debt, does not prepare the economy for a new growing season but the ZIRPERS like you don't think about the future, only about the present suffering they are avoiding (their own, yes, but also others, universal suffering).
If you believe suffering is unavoidable, a half-side of life we would like to avoid but can't, then raising rates is the logical step -- but the majority like you Mr. Sporty will come to this conclusion only at the point of a gun. So, we used ZIRP and QE not to fix anything, but to deny reality, to delay the painful fix.
QE is trickled down economy, it enriched bankers and all the ones in the food chain at the top level. Only scraps left for middle class and below. The end result when Obama leaves will be a massive collapse incoming due to fundamentals. A healthy economy has more currency exchange hands than the current one which changed very little hands.
The Fed engaged in QE for the benefit of the broader economy. It worked.
Wrong. QE is like cheating in monopoly by grabbing money from others when the opposing tem members go to the bathroom. If you think QE only helps you are wrong. QE pushes down the value of money so it actually hurts those who save as well as discourages savings. It is not harmless stealing. It undermines capitalism at the most basic level.
The short term benefits of QE are never worth the long term ill effects it has on growth and eventual collapse it will cause to an economy. Furthermore, it leads to misallocation of resources and generates a anti-capitalist bent to an economy where some seek out and become dependent on free liquidity and others become jaded that such liquidity is dispensed without goods, services, or capital. This makes it simple inefficiency if not simple corruption.
QE is trickled down economy, it enriched bankers and all the ones in the food chain at the top level. Only scraps left for middle class and below. The end result when Obama leaves will be a massive collapse incoming due to fundamentals. A healthy economy has more currency exchange hands than the current one which changed very little hands.
Capitalism isn't capitalism when capital is free and made out of nothing with no adverse ramifications to those who make it. It is a fraud that is undermining everything. Indeed, next downturn will be worse simply because we have adopted socialism and a command economy system rather than accepting capitalism. Socialism didn't work in the USSR and doesn't work in the US either. The effects are the same. A gradual destruction of the economy no matter how large or robust.
Everything that you say is incorrect. Saying incorrect things over and over again does not make them true.
You are wrong in everything. Saying something over and over does not make it right.
We should have begun raising rates in 2001. We did not.
Cite the econometric model that yields the above conclusion. I don't think you can because no published econometric model yields that conclusion.
Quote:
Greenspan, at least, understood this, and raised rates in 2003, 2004. A little late; but at least he understood
Let me get this straight. You presume to grade Greenspan and the Fed -- who have access to the most accurate and sophisticated models in existence -- coupled with quite literally hundreds of PhD economists with expertise in computational economics???
What are your credentials???
And you presume to know what Greenspan's mind -- what he did or did not understand???
Quote:
The goal of the FED (and this should be stated in their charter) is to limit debt at the end of the business cycle.
The Congress established the statutory objectives for monetary policy--maximum employment, stable prices, and moderate long-term interest rates--in the Federal Reserve Act.
If you find reading difficult (sight challenged) you can even get it as an audiobook. You can even get from your local public library.
If you read or listen carefully, you will get insight into exactly what was happening.
Quote:
Bernanke DID NOT even see this reality. BB is still fighting the war of the Great Depression, truly believing (this is a religion with him) that if we do it right we won't have to have deflatiion[sic], but only growth for ever. He believes in a half-world concept: see only the part of reality you like to see.
Let me get this straight. Not only did you read Greenspan's mind, but you also read Bernanke's mind as well???
but the majority like you Mr. Sporty will come to this conclusion only at the point of a gun.
Wow, you must be a really good mind reader.
And you threaten me with bodily harm? Sort of, "think the way I do or else?" Are you part of the jack-booted self-proclaimed, self-important thought police???
QE is trickled down economy, it enriched bankers and all the ones in the food chain at the top level. Only scraps left for middle class and below. The end result when Obama leaves will be a massive collapse incoming due to fundamentals. A healthy economy has more currency exchange hands than the current one which changed very little hands.
That's just silly propaganda copied from some incoherent website. I remind you this is an economics forum, not the politics forum.
Last edited by SportyandMisty; 05-13-2016 at 02:39 PM..
QE is like cheating in monopoly by grabbing money from others when the opposing tem members go to the bathroom.
Wrong again. QE provided liquidity to the financial sector preventing a worldwide collapse that would have cast Earth into the worst depression since the Dark Ages.
Quote:
The short term benefits of QE are never worth the long term ill effects it has on growth and eventual collapse it will cause to an economy.
You assume facts not in evidence. Cite your source for "long term ill effects it has on growth and eventual collapse it will cause to an economy." I don't think you can.
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