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Will clerical jobs in Rhode Island get cut after layoffs?

Saturday, July 30th, 2011

After Boston Scientific announced layoffs this week, some wondered if clerical jobs in Rhode Island would be affected.

The company released its second quarter earnings call along with its new restructuring plan.

Second quarter and other highlights include: (more…)

Rhode Island unemployment rate stays the same

Sunday, June 19th, 2011

Following the most recent report from the BLS, Rhode Island unemployment has remained unchanged.

While jobs in Rhode Island continue to be added, other companies are still terminating workers, which accounts for the stagnant unemployment rate.

The jobless rate in Rhode Island is 10.9%, higher than the national average. (more…)

State hiring for law enforcement jobs in Rhode Island

Sunday, June 12th, 2011

The state just announced it is looking to fill law enforcement jobs in Rhode Island.

Specifically the state is looking for correctional guards - 60 of them.

Gov. Lincoln Chafee and city officials made the big announcement last week.

According to Boston.com, A.T. Wall, director of the state’s Department of Corrections, said Rhode Island’s the state’s prison guards have lower turnover rates than their peers in other states. But years of budget constraints forced the state to delay hiring new officers. Lawmakers have already funded the new positions. (more…)

Agency hires for advertising jobs in Rhode Island

Sunday, June 5th, 2011

An advertising agency has announced a key hire for advertising jobs in Rhode Island.

This is good news for the state, because Rhode Island unemployment remains one of the highest in New England.
SMITH Advertising, a fully integrated advertising and marketing agency, is pleased to announce the hiring of Lisa Hagedorn, Senior Account Manager; Zack May, Account Manager and Melinda Joffre, Social Media Administrator, Department of Social Media Marketing.

Prior to joining SMITH, Hagedorn held positions of production manager, principal, order fulfillment manager and production coordinator for Trident Marketing, Fulfillex.com, Jeppesen (a Boeing Co.) and Frederic Printing, respectively. She was responsible for managing a diverse group of national accounts, including AT&T, Blue Cross Blue Shield, Comcast, Charter Communications, Cox Communication, DIRECTV, Disney World, Hanes Group/Sara Lee, Orlando Disney’s Celebration Village and Western Union.

May recently served as a marketing and communications specialist for the Fayetteville Dogwood Festival. His previous positions include public relations representative for the Fayetteville Symphony Orchestra and photojournalist with ABC News 4 in Charleston, S.C.
(more…)

Survey: employers plan on hiring for administrative jobs in Rhode Island

Sunday, May 1st, 2011

A new survey points to positive news that employers plan on recruiting for more administrative jobs in Rhode Island.

Commercial and administrative industries will likely see hiring increases for the second quarter, according to a national hiring trends survey conducted by Express Employment Professionals, one of the nation’s largest privately-held staffing companies.

Express surveyed nearly 19,000 current and former clients across the company’s more than 550 locations in the U.S. and Canada. Survey results indicate that 39 percent of respondents plan to hire for commercial/light industrial positions and 29 percent of respondents anticipate hiring for administrative/office clerical positions.

Additionally, 13 percent plan to hire for engineering and accounting positions, while 12 percent plan to hire for information technology and marketing positions.

Express also surveyed 15,000 current and former clients regarding company morale. Top factors cited as contributing to low morale in the workplace include: increased workload, layoffs or job insecurity, employees not feeling valued, poor communication and lack of confidence in management.

Nearly half of participants noticed a drop in morale among their employees and 62 percent of company leaders attribute the drop to increased workloads.

According to the Labor Department, the U.S. economy generated the same output in the fourth quarter of 2010 with seven million fewer workers compared to three years ago.

“It’s a vicious circle,” said Robert A. Funk, CEO of Express Employment Professionals. “Coming out of the recession, employers are hesitant to hire full-time workers. As a result, existing staff members are working double-time in an attempt to keep up and losing motivation. During these critical rebuilding years, any downward shift in morale among employees should be addressed quickly.”

The survey showed that some employers are making an effort to actively raise company morale by recognizing accomplishments, setting challenging yet realistic goals and offering teambuilding activities. Experts at Express also help combat low morale and engagement issues in their client’s workplaces with surveys, employee performance management systems, targeted training and more.

Company recruits for executive jobs in Rhode Island

Saturday, March 19th, 2011

Flagstaff has announced it is recruiting for executive jobs in Rhode Island.

Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, today announced the addition of several new key executives and plans to expand the Bank’s commercial lending business.

Joining Flagstar’s leadership team will be Steven J. Issa, who was appointed to the position of Executive Vice President & Managing Director, Commercial Banking.  Mr. Issa will oversee the Commercial Banking division and will also serve as the Market President for the New England region, responsible for building and growing Flagstar’s presence and market awareness in that region.

Also joining Flagstar is Michael J. Tierney, who was appointed to the position of Executive Vice President & Managing Director, Retail Banking.  Mr. Tierney will oversee the Retail Banking division and will also serve as the Market President for the Midwest region, responsible for leading and cultivating Flagstar’s presence in its existing footprint.

Flagstar also plans to add around 20 new lenders and managers in each of the Midwest and the New England markets by the end of the year.

“The announcement today marks another big milestone in transforming Flagstar to a full-service super community bank,” said Joseph P. Campanelli, Chairman and Chief Executive Officer.  ”I’m excited that we continue to attract the best talent in banking to the Flagstar executive team.”

Mr. Campanelli continued, “Mike Tierney is a well-seasoned commercial banker with an unparalleled knowledge of the Michigan market, as well as the entire Midwest.  Steve Issa has a great understanding of the needs of small business and how to grow a commercial banking and specialty lending portfolio, and brings a network of long-established relationships that will be invaluable as Flagstar pursues growth in the New England region.”

Mr. Issa brings to Flagstar over 33 years of experience in commercial banking in the Northeast, previously serving as the Executive Vice President and Managing Director of the New England Middle Market and Specialty Group for Sovereign Bank.  In his role as the Rhode Island market Chief Executive Officer at Sovereign, Mr. Issa oversaw 32 retail community branches, with deposits of $2 billion.  Prior to Sovereign, he served in a variety of executive positions at Shawmut Bank and Old Stone Bank.  Mr. Issa is an active member of his community, serving on the Boards of the Greater Providence Chamber of Commerce, Delta Dental of Rhode Island, Miriam Hospital, and the Governor’s Commodore Advisory Group.  A native of Rhode Island, he holds an undergraduate degree and an M.B.A. from Bryant University.

Mr. Tierney is an established commercial banker in Michigan, and throughout the Midwest, bringing with him over 33 years of experience in retail, consumer and commercial banking.  Most recently, he served as President and Chief Executive Officer of the Bluewater Bank Group, an investment group formed to purchase Michigan banks.  Prior to that, Mr. Tierney was the President and Chief Executive Officer for Peoples State Bank, and was also the Senior Vice President and Managing Director for Midwest Business Banking at Chase.  Mr. Tierney began his distinguished career at Comerica Bank, where he served for 28-years in various senior leadership roles, most notably as Senior Vice President, Personal Financial Services, where he oversaw 256 Michigan branches and was responsible for over $13.5 billion in small business and retail deposits.  Mr. Tierney holds an M.B.A from the University of Detroit and a B.S. in Finance from Central Michigan University.  He is an involved member of the Michigan community and serves on a number of local civic organizations.  Mr. Tierney has previously served on the Board of the Michigan Bankers Association, the Board of the Consumer Bankers Association, and is a former chair of the Central Michigan University Development Board.

Also joining the team will be John F. Chipman, who will report to Mr. Issa and will oversee Flagstar’s Specialty Lending division.  Over the past 20 years, Mr. Chipman has successfully built several multi-billion dollar specialty lending businesses.  Most recently, Mr. Chipman served as President and Chief Executive Officer of MassMutual Asset Finance.  Prior to that, he founded Winmark Equipment Finance, an independent equipment finance company that grew to more than $2.2 billion in earning assets.  Mr. Chipman has a degree in economics from Providence College, and holds a Master of Science in Finance from Northeastern University’s Graduate School of Business Administration.

Rhode Island management jobs on the rise

Friday, March 11th, 2011

A new survey proclaims that Rhode Island management jobs are on the rise.

Confidence among U.S. employers is spreading geographically, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc.

According to the seasonally adjusted* survey results, the Outlook* for Quarter 2 2011 is +8%, up from +6% during the same period last year and consistent with the +8% Outlook during Quarter 1 2011.

Survey highlights include:

* Positive Outlook in Every State: Employers in all 50 states report positive hiring intentions and 33 out of 50 states anticipate considerable increases. Puerto Rico and Washington D.C.employers also report positive hiring intentions.
* All Industries Looking to Hire: Employers in the 13 industry sectors surveyed each report a positive Outlook, with Mining and Leisure & Hospitality employers the most optimistic. Employers in 10 of the 13 industry sectors expect hiring to increase from three months ago.
* Six Straight Quarters of Employment Growth: Employers have reported a positive overall hiring Outlook since Quarter 1 2010, according to seasonally adjusted data.
* Fewer Employers Plan to Decrease Headcounts: Six percent of employers plan to reduce employee levels in Quarter 2 2011, down from recessionary highs of 14 percent in 2009.

“We should see the same measured hiring pace in the U.S. as we did in the first quarter; however, unadjusted industry sector data reveals some positive signs,” said Jeffrey A. Joerres, Manpower Inc. Chairman and CEO. “First, employers in 10 of the 13 industry sectors surveyed expect hiring to improve from three months ago. Second, there is a notable uptick in the Manufacturing-Durables sector where nearly one in five employers expect to increase payrolls.”

Of the more than 18,000 employers surveyed, 16 percent anticipate an increase in staff levels in their Quarter 2 2011 hiring plans, while 6 percent expect a decrease in payrolls, resulting in a Net Employment Outlook of +10%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Seventy-four percent of employers expect no change in their hiring plans. The final 4 percent of employers indicate they are undecided about their hiring intentions.

“Nearly all of the of the key data points in our survey show that employers are positive, but hiring plans are still reserved due to their continued ability to manage the slowly increasing demand with the existing workforce,” said Jonas Prising, Manpower president of the Americas. “In the U.S., we are holding on to hard-won job gains and waiting for the time when the growth in demand for goods and services will require more substantial workforce additions.”

Employers in each of the 13 industry sectors surveyed have a positive Outlook for Quarter 2 2011: Leisure & Hospitality (+21%), Mining (+21%), Professional & Business Services (+15%), Durable Goods Manufacturing (+14%), Wholesale & Retail Trade (+12%), Nondurable Goods Manufacturing (+11%), Financial Activities (+9%), Information (+9), Transportation & Utilities (+8%), Other Services (+7%), Construction (+6%), Education & Health Services (+6%) and Government (+1%). Employers in 10 industry sectors expect employment prospects to increase quarter-over-quarter, three expect staff levels to remain stable and none of the surveyed industries look for the hiring pace to decline. Among the 10 industries expecting an uptick in hiring confidence, employers in both the Mining sector and Construction sector anticipate the largest quarter-over-quarter Net Employment Outlook increase, with both gaining 15 percentage points.

Employers in all four U.S. geographic regions surveyed report a seasonally adjusted Outlook of +8%. The hiring Outlook in the West is the strongest for the region since Quarter 4 2008. Compared to one year ago, a slight increase in employment prospects is expected in the Midwest, South and West, while the Northeast is steady. Quarter over quarter, employers in the Northeast, South and West report relatively stable hiring conditions, while employers in the Midwest expect a slight dip in employment plans.

Banking institution hires for executive jobs in Rhode Island

Saturday, March 5th, 2011

Flagstar has announced it has hired for key executive jobs in Rhode Island and other parts of New England.

Flagstar Bancorp, Inc., the holding company for Flagstar Bank, today announced the addition of several new key executives and plans to expand the Bank’s commercial lending business.

Joining Flagstar’s leadership team will be Steven J. Issa, who was appointed to the position of Executive Vice President & Managing Director, Commercial Banking.  Mr. Issa will oversee the Commercial Banking division and will also serve as the Market President for the New England region, responsible for building and growing Flagstar’s presence and market awareness in that region.

Also joining Flagstar is Michael J. Tierney, who was appointed to the position of Executive Vice President & Managing Director, Retail Banking.  Mr. Tierney will oversee the Retail Banking division and will also serve as the Market President for the Midwest region, responsible for leading and cultivating Flagstar’s presence in its existing footprint.

Flagstar also plans to add around 20 new lenders and managers in each of the Midwest and the New England markets by the end of the year.

“The announcement today marks another big milestone in transforming Flagstar to a full-service super community bank,” said Joseph P. Campanelli, Chairman and Chief Executive Officer.  ”I’m excited that we continue to attract the best talent in banking to the Flagstar executive team.”

Mr. Campanelli continued, “Mike Tierney is a well-seasoned commercial banker with an unparalleled knowledge of the Michigan market, as well as the entire Midwest.  Steve Issa has a great understanding of the needs of small business and how to grow a commercial banking and specialty lending portfolio, and brings a network of long-established relationships that will be invaluable as Flagstar pursues growth in the New England region.”

Mr. Issa brings to Flagstar over 33 years of experience in commercial banking in the Northeast, previously serving as the Executive Vice President and Managing Director of the New England Middle Market and Specialty Group for Sovereign Bank.  In his role as the Rhode Island market Chief Executive Officer at Sovereign, Mr. Issa oversaw 32 retail community branches, with deposits of $2 billion.  Prior to Sovereign, he served in a variety of executive positions at Shawmut Bank and Old Stone Bank.  Mr. Issa is an active member of his community, serving on the Boards of the Greater Providence Chamber of Commerce, Delta Dental of Rhode Island, Miriam Hospital, and the Governor’s Commodore Advisory Group.  A native of Rhode Island, he holds an undergraduate degree and an M.B.A. from Bryant University.

Mr. Tierney is an established commercial banker in Michigan, and throughout the Midwest, bringing with him over 33 years of experience in retail, consumer and commercial banking.  Most recently, he served as President and Chief Executive Officer of the Bluewater Bank Group, an investment group formed to purchase Michigan banks.  Prior to that, Mr. Tierney was the President and Chief Executive Officer for Peoples State Bank, and was also the Senior Vice President and Managing Director for Midwest Business Banking at Chase.  Mr. Tierney began his distinguished career at Comerica Bank, where he served for 28-years in various senior leadership roles, most notably as Senior Vice President, Personal Financial Services, where he oversaw 256 Michigan branches and was responsible for over $13.5 billion in small business and retail deposits.  Mr. Tierney holds an M.B.A from the University of Detroit and a B.S. in Finance from Central Michigan University.  He is an involved member of the Michigan community and serves on a number of local civic organizations.  Mr. Tierney has previously served on the Board of the Michigan Bankers Association, the Board of the Consumer Bankers Association, and is a former chair of the Central Michigan University Development Board.

Also joining the team will be John F. Chipman, who will report to Mr. Issa and will oversee Flagstar’s Specialty Lending division.  Over the past 20 years, Mr. Chipman has successfully built several multi-billion dollar specialty lending businesses.  Most recently, Mr. Chipman served as President and Chief Executive Officer of MassMutual Asset Finance.  Prior to that, he founded Winmark Equipment Finance, an independent equipment finance company that grew to more than $2.2 billion in earning assets.  Mr. Chipman has a degree in economics from Providence College, and holds a Master of Science in Finance from Northeastern University’s Graduate School of Business Administration.

“Steve and John have built long-term relationships in the New England market, and really understand how to grow multiple lines of business,” Mr. Campanelli said.  ”The region has a premier customer demographic for building on our super-community bank concept.  We look forward to expanding the Flagstar brand, as Steve and John build a presence and market awareness in New England, similar to the way we have grown our retail banking franchise in Michigan, Indiana and Georgia, and our national mortgage banking operations all over the country.”

Mr. Campanelli went on to say, “With the products and infrastructure already in place, we see great opportunity to leverage our best-in-class retail banking and top-tier mortgage banking business.  The commercial and specialty lending businesses will complement our existing operations, and create a diversified mix of sustainable revenue streams.”

Flagstar also announced the hiring of Michael Maher as Executive Vice President & Chief Accounting Officer, and Daniel Landers as Executive Vice President & Chief Credit Officer.  Mr. Maher brings 30 years of experience in community and mortgage banking and public accounting.  Mr. Landers brings 30 years of operational, credit and management experience.

Flagstar Bancorp, with $13.6 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest.  At December 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 27 home loan centers in 13 states.  Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans.

Career fair draws job seekers for Rhode Island jobs

Monday, February 21st, 2011

A career fair taking place in New England is sure to become a big attraction for job seekers seeking Rhode Island jobs.

The Sixth Annual Marine Industry Career Day, which will be held on Saturday, March 5, at the International Yacht Restoration School in Newport, will draw marine industry experts and employers who are all coming to IYRS with one goal in mind: to connect with individuals interested in marine careers. This one-day event will give career seekers an opportunity to talk with employers and gather information about hiring trends and technology that will give them an edge in the job marketplace.

“The marine industry is a dynamic business right now, as companies plan for new production and workforce demands as they pull away from the recession,” says Susan Daly, IYRS Vice President of Programming. “We invited a wide variety of companies this year, as well as speakers who have their finger of the pulse of the industry to educate marine professionals, job seekers, and those considering marine careers in the future.”

Career Day, which is free to members of the public, will take place on March 5 from 10 am to 1 pm at IYRS Restoration Hall at 449 Thames Street in Newport. The event will draw companies from throughout the Eastern Seaboard, many of whom are looking to meet qualified job candidates. Career Day also features an educational element, and three presentations will be held according to the following schedule:

10:30 am – “State of the Marine Industry: Jobs, Trends & Technology” / Neal Harrell, Brooks Marine Group

11:30 am – “Funding Your Education” / Debra Huntington, IYRS

12:30 pm – “Career Opportunities in the Advanced Composites Industry” / Rich O’Meara, Core Composites

Any individual who wants to learn about the composites industry and its career opportunities will not want to miss the event’s featured presentation by Rich O’Meara, owner and president of Core Composites of Newport. O’Meara will give attendees an overview of the role that composites play in our world today, and the wealth of career opportunities born of their use. 

Industries that manufacture structures that need to be light in weight yet strong, durable, and corrosion resistant use composites—including the marine industry, the alternative energy field of wind power, the automotive and aerospace industries, and even the construction field. The industry also has a green component, as this type of construction allows industries to reduce the mass of materials and natural resources used to build structures.

“Advanced composites are the future for anything that rolls, floats, or flies,” says O’Meara. “They are also  valuable in building stationary objects and will play a role in the future of the construction trades…Individuals who attend my talk at Career Day will learn that there are great opportunities in this growing market and industry, an industry that can help clean up the globe while improving the world’s structures.”

As founder of a marine industry management recruitment firm, Career Day presenter Neal Harrell of Brooks Marine Group is among the first people in the industry to see the evidence of hiring trends.

“In 2010, we saw a hot and cold trend in hiring,” says Harrell. “There were spikes of activity, then dips. It was a roller coaster pattern, but nothing consistent. But in the fourth quarter of 2010, we started to see quite an uptick on the hiring front. That has carried over into 2011, and right now, what I see is an all-out war for talent.”

In his talk, Harrell, whose firm is based in Newport, will help attendees understand the landscape of the marine business: the hiring trends, the sectors of the industry that are quickest and slowest to rebound, how demographics are impacting the workforce, and how emerging technology—especially social media—is changing the way companies are hiring. Although hiring activity has picked up dramatically, Harrell cautions that marine companies are hiring smart and carefully; in his talk, he will help job seekers understand how to distinguish themselves in the marketplace.

Small businesses to hire for jobs in Rhode Island

Sunday, February 6th, 2011

Small businesses appear to be increasing their efforts to hire for jobs in Rhode Island.

Small business managers are expecting hiring activity within their organizations to improve in 2011, but say it will likely be hindered by continued challenges related to accessing credit, government regulations and health insurance costs.  This is according to a new nationwide survey from CareerBuilder conducted between November 15 and December 2, 2010, among more than 1,350 small businesses (organizations with 500 employees or less).

Half of small businesses (51 percent) reported that they are in a better financial position than one year ago, but overall they remain cautious in recruitment plans.  Job growth for this segment is expected to be better in 2011, but will continue at a modest pace.

Full-time Hiring

Twenty-one percent of small businesses plan to add full-time, permanent headcount in 2011, up slightly from 20 percent last year and up from 15 percent in 2009.  Similar to last year, 6 percent of small businesses expect to decrease full-time, permanent headcount, which is half of the number reported in 2009.  Sixty-four percent anticipate no change in full-time, permanent headcount while 9 percent are unsure.

Looking at companies with 100 employees or less, 18 percent expect to increase full-time permanent employees, on par with last year.  Five percent expect to decrease headcount, down from 6 percent in 2010 and 11 percent in 2009.

Part-time Hiring

Eleven percent of small businesses are hiring part-time help, up from 9 percent last year and up from 8 percent in 2009.  The number of small businesses planning to decrease part-time hires (3 percent) is trending below 5 percent reported in 2010 and 11 percent in 2009.  Seventy-six percent anticipate no change in staff levels while 10 percent are unsure.

Contract or Temporary Hiring

Fourteen percent of small businesses reported that their organizations will not be able to maintain current productivity levels, stating that workers are already burned out.  To help meet increased demands, 26 percent of small businesses plan to hire contract or temporary workers in 2011.  Thirty-one percent expect to transition some contract or temporary staff into full-time, permanent employees.

“Small businesses are a major driving force behind job creation in the U.S. and play a vital role in economic growth,” said Matt Ferguson, CEO of CareerBuilder.  ”Small businesses had been in a holding pattern where they were less likely to decrease headcount compared to larger organizations, but also less likely to add new staff.  Over the last year, we saw modest, but continued gains in jobs that are carrying over into 2011.  Before we see people back to work in greater numbers, we need to find ways to get this segment of the economy hiring again.”

Accessing Credit and Other Major Challenges

Eighteen percent of small businesses reported they were unable to access the credit needed to support their businesses in 2010.  More than one-quarter (26 percent) of those companies who could not obtain credit were unable to add employees. Of those companies who were able to access credit last year, 66 percent were able to hire new employees.

Looking forward, 33 percent of small businesses do not think or are unsure if their companies will be able to access credit needed in 2011; 16 percent said it would prevent them from adding headcount this year.  Eight percent said they would not likely be able to stay in business if they can’t access credit needed.

In addition to credit issues, small business employees cited the following as their top challenges for 2011:

  • Cost of health insurance – 50 percent
  • Government regulations – 27 percent
  • Marketing expenses and building awareness – 26 percent
  • Attracting and hiring top talent – 19 percent