NASDAQ Chief Refutes H-1B Visa Scare 07/29/2011
Refuting the allegations of US lawmakers that H-1B visas take away jobs from Americans, NASDAQ’s chief has claimed that studies show that for every H-1B visa, technology companies increase employment by five workers. “Let me take the job stealing issue head-on,” NASDAQ CEO Robert Griefeld told Senators at a Congressional hearing on immigration reform early this week. “Opponents of enhanced legal immigration argue that when a foreign-born, highly skilled immigrant gets a job, American graduates are the losers,” he said. “But my research and experience tell me quite a different story. For example, the National Federation for American Policy says that for every H-1B worker requested, US technology companies increase their overall employment by five workers,” Griefeld said. The NASDAQ CEO argued there was a case to enact a more flexible and stable regime for legal immigration. “Reform must convey economic priorities about job growth and global competitiveness. Increasing H-1B visas is simply not enough. We need to admit and keep entrepreneurs here so that the creative dynamic of our economy is enhanced by the very best skills and minds,” he said. “Whether in Silicon Valley, Austin, Chicago, or anywhere else in the United States, I hear from CEOs that the H-1B visa system is inadequate for today’s human capital marketplace and the backlog for green cards and what they mean to the quality and the uncertainty of the lives of these foreign-born employees is a legitimate threat to their businesses,” he said. More of the story @ www.firstpost.com Add Comment Social Recruiting Getting Bigger 07/25/2011
 About 89% of U.S. companies use social media for recruiting, according to new infograhic from JobVite, a company that makes social recruitment software. As one would suspect, LinkedIn is the biggest among social networking sites when it comes to finding and hiring new employees, a trend that's sure to continue as LinkedIn roles out its one-click job application button for employers, “Apply with LinkedIn”. The social networks in company recruiting:
The job seeker's use of social networks:
Visa Issues Plague Indian IT Companies 07/23/2011
Increased scrutiny by the US immigration department has increased the woes of Indian information technology (IT) services companies. Industry analysts and IT companies agree the rejection rates of H1 and L1 visas by the US, their biggest market, have almost doubled in the recent past. Visa troubles for Indian techies include increased fees, higher rejection rates, difficulties in getting interview appointments, deportation from port of entry, excessive request for evidence and inconsistencies in the visa interview process. This is all happening in a sour atmosphere epitomized by firms facing H-1B visa abuse charges by US staff. In February, Jack ‘Jay’ Palmer, a US-based employee of Infosys, had filed a complaint in Lowndes County, Alabama, alleging that the Bangalore-based company was misusing the visa program to bring Indian employees to the US to work at clients’ site. After Infosys, the latest to bear the visa brunt is Cognizant, which has been named in a litigation filed by “disgruntled” employees. In April, 18 IT employees of Molina Healthcare filed a lawsuit against the company, alleging they were replaced by H1-B visa workers from India and then laid off in violation of the state’s discrimination laws, according to media reports. The lawsuit, filed in the Los Angeles Superior Court, also names Molina’s IT vendor, Cognizant.  A look inside the one-day, IT job site, Dice.com snapshot of job openings nationwide.  As for which skills are on the growth path, it’s all about the cloud and mobile apps. Elance.com, a website for freelancers, reports comparable demand: In the first quarter of 2011, there were 4,500 mobile developer jobs posted on the site—an increase of 101 percent over the number of similar job postings in the same quarter last year. A report from the U.S. Department of Commerce found that jobs in the science, technology, engineering and math (STEM) fields pay significantly more than other careers. Findings show STEM jobs pay about 26 percent more than other occupations and are expected to grow at a faster rate in the next decade, according to the report released July 14th by the U.S. Department of Commerce. The report found that STEM jobs have grown three times as fast as other fields over the past 10 years and that workers in STEM careers are less likely to experience joblessness moving forward. View the U.S. Department of Commerce Press Release: New Commerce Department Report Shows Fast-Growing STEM Jobs Offer Higher Pay, Lower Unemployment According to a study by four nonprofit workforce training groups, Silicon Valley employers expect a 15 percent surge in tech jobs over the next two years, but tempered by shortages of people with the cutting-edge skills that are in high demand. Even as the study predicts robust hiring, it highlights the challenges facing the valley's unemployed: Midlevel jobs are being eliminated and the new jobs being created require advanced training and high-level skills. The talent gap looms in key fields such as mobile technology, social networking and cloud computing. The study, headed by NOVA in Sunnyvale, CA, said "a range of data" suggests 15 percent job growth over two years. That includes over the next year a nearly 11 percent increase in software engineering and project management jobs; 20 percent growth in applications engineering jobs and 12 percent growth in quality assurance engineering jobs. A quarter of the 251 companies surveyed expected to increase temp and contract employment. Small to medium-size firms were the most likely to expect more hiring.For the study, NOVA and several area workforce training boards interviewed 53 executives at major employers, and held two panels with a total of 27 valley job recruiters. In addition, a random sample of 251 out of 4,617 valley tech companies participated in a 15-minute survey focusing on hiring patterns and preferences. The study included companies from Santa Clara and San Mateo counties, the northern part of Santa Cruz County and southern Alameda County. Financing the study with federal grants were NOVA, Work2Future in the city of San Jose's Office of Economic Development, and the workforce investment boards of San Mateo and Santa Cruz counties. View the full report: Silicon Valley in Transition: Economic and Workforce Implications in the Age of iPads, Android Apps, and the Social Web Online Job Demand Up 07/19/2011
Monster’s employment index was up 4% in June over June 2010. It was the 17th consecutive month of year-over-year growth. The sectors that showed some of the best growth in online postings were wholesale and retail trade. Postings also increased for information jobs in media and telecommunications, according to Monster’s count. Overall, Monster says 15 of 23 occupational categories grew in June. Installation, maintenance and repair openings led over the last year. The Monster Employment Index U.S. is a broad and comprehensive monthly analysis of U.S. online job demand conducted by Monster Worldwide, Inc. It is based on a real-time review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job boards, including Monster. Read Monster’s full report HERE. Business Graduates Covet Tech Jobs---Again 07/18/2011
 Mon, 07/18/2011 - 00:03 EDT story from WSJ.com: What's News US M.B.A. students from top-ranked schools are increasingly naming technology firms as their most-desired employers, according to a new survey, recalling the fervor of a decade ago, when the dot-com boom attracted plenty of freshly minted business-school graduates. When asked to pick up to five ideal employers out of a list of 170, about 29% of students named McKinsey & Co. and some 28% named Google Inc. Of the top 10, four were technology companies. Such companies' popularity has risen over the past few years. For example, No. 9-ranked Amazon.com Inc., which was chosen by 10.6% of students, was selected by 6% of students in 2008. Read full article at by Joe Light @ WSJ.com: Recent Business School Graduates Covet Technology-Sector Jobs, Again Social Recruiting 07/18/2011
 Social media has become part of our lives, and because of that we all recognize the social media platforms above. These platforms bring a new dynamic to job searching and recruiting employees. Social Media + Recruiting = Social Recruiting Social Recruiting is not just a fad that will disappear soon. Social recruiting is here right now, is becoming the norm and will only get bigger. Job seekers are not just web savvy anymore, they are social media savvy. They actively use LinkedIn, Twitter, Facebook, YouTube and blogs to find new opportunities. They expect their target employers to be in this space; they expect a corporate Facebook page, they expect vacancies on Twitter, they expect a company blog and they would love to find videos about companies on YouTube. In response, companies are increasingly using social recruiting to source candidates for employment, as well as to investigate applicants they are considering hiring.  At InQrowd we integrate social media channels with our recruitment strategy. We consider ourselves social recruiters and strive to be the nexus for #TechJobs + #ITJobs + #Hiring + #Jobseeker + #ITPro + #Diversity + #SocialRecruiting + #Recruiter. | Thanks for dropping by InQrowd.com. Explore the site, there are resources for Job Seekers, Employers, Recruiters and even Jazz lovers.
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