In its report, “The Incredible Disappearing Office: Making Telework Work,” The Conference Board finds that the advancements in home networking over the last decade have been accompanied by teleworking gains among a number of these technology-reliant professions, including insurance underwriters 4.5 percent, up 275 percent since 2001-2003 and computer software developers 6.1 percent, up 127 percent.
via Teleworking Triples Over the Last Decade – Insurance Networking News.
The company has reduced its total workforce by 730 positions, or almost 10 percent, over the past four years, mainly by attrition.
via American Family Information Services Department Incurs 87 Layoffs – Insurance Networking News.
Short articles like this make me wonder what’s really happening. We don’t know the total number of staff in the company’s IT department so we cannot know what percentage of the entire staff was affected. So I went online and found the following:
The cut positions included 85 people based at the company headquarters at 6000 American Parkway and its other Madison location, off Milwaukee Street, plus two people outside Madison. There are 850 people remaining in the company’s information services division, making the job reductions equal to about a 10 percent cut there.
Looking for a Job When You’re No Longer Young – Anne Kreamer – Harvard Business Review.
I present the link without further comment.
Gen Y Workers to Employers: Flexible Hours, Not 9 to 5 | Moneyland | TIME.com.
In all honesty, I thought the 9 to 5 workday disappeared years ago.
Economist’s View: “First Look at US Pay Data, It’s Awful”
The median paycheck — half made more, half less — fell again in 2010, down 1.2 percent to $26,364. That works out to $507 a week, the lowest level, after adjusting for inflation, since 1999.
A VERY Scary Chart
I had gotten away from posting Scary Charts. There were just too many to pick from. But when I came across this graphic, well I just had to post it.This was posted to a LinkedIn group.
The position is based in Singapore and this will be a fantastic opportunity to work for a very established insurer. Interested candidates please email your details and updated CV to m.chen@huxley.com or call +65 6572 4500 for a discussion.
Bryce Covert: Recession Has Lit the Fuse on Explosive Student Debt « naked capitalism
Boomerang kids: 85% of college graduates must move back home – Oct. 14, 2010
If you thought they were gone, think again.
Economist’s View: The US Jobless Recovery: Assertive Management Meets the Double Hangover
| Life Insurance Underwriters – want a relocation paid move to New Zealand? Currently recruiting intermediate & senior life insurance underwriters. Contact+64 9 354 8122 or andrewbatey@michaelpage.co.nz | |
| Andrew Batey, Financial Services Recruitment Consultant at Michael Page | |
lifeunderwriter.net 
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