Of all the recent budget cuts made by the Eagle County, Colorado, school district--the loss of 89 staff jobs through attrition and layoffs, a 1.5 percent across-the-board pay cut, and the introduction of three furlough days--none sparked as much anger or faced the same scrutiny as the decision to cut three foreign-language teaching positions and…

This paper discusses the implications for managers' careers of the global financial crisis. It draws on empirical research during the last period of major job cuts. Evidence comes from a mail survey of over 1000 career histories of Australian managers, with a response rate of 44%. Changes to career satisfaction, job satisfaction, job security,…

Early in Spring 2001, in the midst of an economic downturn, employers were sometimes forced into rescinding job offers to graduating college students or delaying their start dates. In light of this trend, the National Association of Colleges and Employers (NACE) Principles for Professional Conduct Committee has issued guidelines for employers on…

Although conventional wisdom indicates that temporary workers are becoming the norm and full-time workers are becoming an anachronism, statistics do not bear this position out. The truth includes the following facts: (1) companies are using more temporary workers, but these new employment arrangements provide new entry points into the labor market…

Although the general perception in the United States may be that downsizing in companies is pervasive and increasing, the facts show a slowing of the trend in downsizing and a net gain in employment. Many workers have found new jobs at or near their former pay rates, although only half of older workers are able to find jobs comparable to the ones…