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RSI - Executive Search Firm News | Company Newsletter, March 2006

Executive Search Firm News Center Features

Welcome to the RSI Company Newsletters Area. Keep up on current developments and News in your Market.

RSI Executive Search Firm News Featured Areas:
Company Newsletters | Case Studies
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The RSI Executive Search Firm News Center Area is designed as a resource for Employers and Candidates for the Executive Search Recruiting Industry. The RSI Executive Search Firm News Center contains Company Newsletters, Article Series Career Corner, Management Matters & Indutry Related Articles covering RSI's 18 Verticle Search Markets and RSI Client Case Studies.

 
 
 
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RSI Executive Search Firm Company Newsletter, March 2006

Issue: #4
Date: March 1st, 2006


 PDF Version
Reaction Search International Executive Search Firm - Executive Search, Executive Recruiting & Sales Search, Sales Recruiting Specialists This Month in the RSI Newsletter
» Hot Spots: HR Professionals
» The World Today: Healthcare in 2006
» Congratulations: RSI Placements
» Did you know?: Latest Buzz
Executive Search Firm Newsletter Executive Search Firm Newsletter

Congratulations:
We would like to congratulate the following people who helped in more RSI success stories.
Steve Patrick, Steve Leong, and Vickie Mahan: Is the latest addition to the Verizon Information Services inside sales team.
Vicki Day: Is the new Sales Manager with White Heat Limited.

Did You Know?

We have all heard about the transition of call centers from mid-America to countries abroad, such as India. This move has been the cause of an economic explosion in those particular contries.

The day-to-day operation of a call center is elementary; staff the phones with people trained to handle any number of issues, from tech support to customer service for your cellular phone. Giving them the formula for walking a customer through any number of issues is simple enough, but Americans are getting wise to this growing trend, and they don't seem too pleased about it.

There has been growing discord amoung many people who deal with these call centers who complain about basic English skills, and the lack of comprehension. Companies that are employing this method are saving dallars, but possibly losing losing something much more valuable...Their reputations.

With so many companies trying to save pennies on the dollar, expect to see new competitors spinging up selling on the fact that

 

The World Today:
The State of Healthcare in 2006

Doctors and hospitals have been struggling with the high cost of practicing medicine for quite some time. Each year the problem seems to multiply… prescription-drug prices, the ever-growing number of uninsured Americans, are all factors leading to growing costs for caregivers. While this is going on, profits for doctors and hospitals keep falling, as insurers are doing everything in their power to lower payments for claims.

Insurance companies are not feeling the pressure nearly as much as the caregivers. The reason is simple: Insurance companies make sure that revenues from premiums go up at a much higher rate than claim payments (money paid to policy holders).

With all this going on, it is estimated that some 43 million Americans have no health insurance. The number of uninsured Americans continues to grow. Insurance premiums continue to skyrocket as health insurers consolidate their practices under one, well-insured roof. In 2004, Anthem acquired WellPoint Health Networks (and renamed itself WellPoint) and UnitedHealth Group acquired Oxford Health Plans. The result of all this merger and acquisition activity is a continued decline in competition among health insurers. This allows them to charge higher premiums through the simple economic idea of "Supply & Demand".

Employers are facing double-digit percentage increases in health premium costs each year, while more and more of the personal health insurance cost is being passed on to employees. This trend means many people simply can no longer afford health-care coverage, which is thought to be absolutely imperative in today's day and age.

 

Hot Spots:
Human Resource's New Role

Human Resource professionals bring a dynamic to today's corporations unparalleled in the past. Gone are the days of Human Resource Executives handling only the hiring and firing of employees.

Today's Human Resource professional must stay abreast of changing market demands from knowledge of the latest government guidelines to actively developing corporate talent to striving for cost-effective and efficient ways to conduct ongoing training for alls levels of employees.

In today's dynamic workplace, human resource professionals are expected to add value to their organizations," according to the National Human Resources Association's Web site.

In addition to managing traditional human resource functions, (Human Resource professionals are) expected to contribute to such key organizational challenges as facilitating mergers and acquisitions, improving productivity and quality, improving the ability of an organization to bring new products to market, and to continuously improve the company's return on its greatest asset ... its people," according to NHRA.

Through ongoing personal development such as professional conferences and seminars, among other avenues, Human Resource Executives can continue to increase the bottom line for employers of all sizes. Developing a company's workforce directly impacts its bottom line, according to industry experts.

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