On November 21, 2017, the Mexican National Commission on Minimum Wages (Comisión Nacional de los Salarios Mínimos or CONASAMI) issued a resolution decreeing an increase in the Daily General Minimum Wage (DGMW) applicable for Mexico. Note that the DGMW will continue to be $80.04 Mexican pesos (MXP) (which is approximately equivalent to $4.25 USD) effective December 1, 2017.
Often times, when we want to learn something new to inspire innovation in our entrepreneur lives, we read books. Reading a fantastic book to educate yourself and create more internal motivation and inspiration to develop new ideas is not a new concept, nor is it one that should seem uncommon to people competing in today’s business world. However, there are so many books to pick from, which ones are best for creating the type of invigoration that leads to success?
Boardroom meetings shouldn’t be dreary affairs, but demonstrations of leadership.
Statistics show that the leadership crisis is real—so real, in fact, that nearly 50% of recently-promoted managers fail in the first eighteen months of employment (source: Leadership IQ). Worse yet, this failure rate is expected to be higher, some say as high as 75%. According to a report by Challenger, Gray & Christmas, our outplacement partners based in Chicago, there have been 1,107 CEO departures so far this year.
Most of us don’t think successful leaders have an introverted leadership style, since, by all appearances, extroverted people make wonderful public speakers and engaging networkers. Being able to speak effectively in public and knowing how to network well are two very important talents most CEOs and organizational leaders need to possess if they want to thrive. Most people assume introverts aren’t able to do either one of these necessities well. After all, a USA Today poll says 65% of executives view introversion to be an impediment to productive leadership.
What do all these statements have in common?
“I’m a great team player.”
“I am so excited about this job.”
“I am the best person to join your company.”
“I have a great deal of experience.”
Employers have heard them all before.
And while not exactly a problem per se, the words aren’t magic to their ears either.
As the world becomes increasingly interconnected, businesses are going global. The challenge for companies today is to ensure that employees have the ability to work on an international level. Continue reading
Hiring the right fit for a role in your company can be an uphill task. Every company should have a recruitment strategy to help eliminate any potential risks in the hiring process and ease the task of deciding on the best professional match. Fully understanding what you want in a vacant role before embarking on the interview process is critical. It’s hard to pick the best candidate based on a piece of paper because there are many things you can’t determine about a candidate from the resume. For instance, will they be absorbed into the company culture? A well-rounded approach is key to selecting that right candidate. The following questions will help you make a great hire.
There is quite some flexibility and aptitude to how job interviews are conducted today to the norm some years back. Small companies may lack enough space to carry out quality interviews, or in some occasions, an employer may decide to conduct off-site interviews to evaluate a candidate in a more natural and relaxed environment more closely. Lunch interviews are recommended when interviewing candidates for a job and especially where there is client interaction. The primary purpose of this is to evaluate their social skills and to assess how candidates behave under pressure. You can look out for the following attributes.
Many business executives are not aware of the role that culture plays in the management of a company and more so when venturing into foreign territory. The steady increase in growth of trade between the U.S and Mexico has created a need for understanding the Mexican culture and how it affects U.S companies doing business in Mexico. Though the U.S and Mexico share a common border, the cultural differences between the two countries cannot be ignored. The history of Mexico is quite different compared to that of the U.S, hence a different perception and way of doing things.
Executive Search Firm Barbachano International Announces its Continuing Commitment to Building a World Class Recruiting Network With NPAworldwide.
Apr 04, 2017 via ABC News
Barbachano International (BIP), the premier leader in Executive Search in Mexico, Latin America, United States with a focus on Hispanic target markets, is pleased to announce the launch of its new Private Equity search practice which will be headed by Francisco de la Lama, Senior Executive Search and Business Development Consultant.
BIP owner and CEO, Fernando Ortiz-Barbachano, made the announcement last Friday. ”I am very proud to be re-united with Francisco De La Lama, and excited that he has accepted our offer to serve as Consulting Practice Leader – Private Equity,” said Mr. Ortiz-Barbachano.
Mexico is broadly known for being heavily protectionist towards the worker as it pertains to the state’s labor law. Many U.S. and European companies rely on third-party executive search firms for job placements in Mexico to provide the proper guidance through the candidate search and hiring process.
Getting a new job is a common occurrence today, as the average person changes jobs ten to fifteen occasions in their lifetime. It is not an uncommon for people holding jobs for less than a year. The important thing to remember is that there are literally thousands of employment opportunities out there, you just need to look for them. In this article we will tell you how to successfully find your ideal job in 2017.
Arguments that policies such as NAFTA have killed American manufacturing jobs often ignore the many other American jobs that such deals create and support.
When President-elect Trump talks about scrapping the North American Free Trade Agreement (NAFTA), his argument rests on the notion that the agreement is one of the main culprits of job loss in the states. Continue reading
New York – Mexico’s minimum wage increased by almost 10% on Sunday, in a jolt to the system meant to stoke the poorest workers’ buying power, which has been eroded by recessions and past bouts of high inflation. Continue reading
Approximately 15 minutes before the close of business on Friday (Eastern time), President Trump signed an executive order (full text here) to bar Syrian refugees from entering the U.S. and suspend all refugee admissions for 120 days. His order also blocks citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen—all Muslim-majority countries—from entering the U.S. for 90 days, regardless of whether they’re refugees or not. Continue reading
According to Glassdoor’s economist, crazy perks and the gig economy will slow down while automation will speed up.
This was a “remarkable” year for hiring, according to Glassdoor’s chief economist, Andrew Chamberlain. He says that the U.S. added an average 180,000 new jobs per month, well above the “break even” pace of job growth of 50,000 to 110,000 economists estimate the economy needs to keep Americans fully employed. Continue reading
Enrique Zarate, 19, had spent just a year in college when he landed an apprenticeship at a new BMW facility in San Luis Potosí, Mexico. If he performs well, in a year he’ll win a well-paid position, with benefits, working with robots at the company’s newest plant.
Within a decade or so, most of the BMW 3 series cars that Americans buy will probably come from Mexico, built by people like Zarate. Continue reading
Today’s guest blogger is Narissa Johnson, the global brand and content manager of SafeGuard World International. For nearly a decade, organizations around the world have relied on SafeGuard World for their global HR needs, specifically around payroll and employee compliance. Continue reading
The job market is expected to keep improving in 2016 thanks to strong growth across many sectors, including health care, technology, manufacturing and construction. However, the fact that many metropolitan areas are already approaching full employment does not mean that finding a job will be easy. Continue reading
The labor market experts at Challenger, Gray & Christmas Inc. forecast fewer layoffs, more hiring and increased wages in 2016.
U.S.-based employers announced 574,888 job cuts for the year through November 2015, already far surpassing the 2014 year-end total (483,171) and setting up for the largest year-end total for job cuts since 2009, when 1.2 million job cuts were announced. Continue reading
When it comes to where to site a factory for manufacturing competitiveness, be prepared to throw the old stereotypes out the window.
Over the past decade, the U.S. and Mexico have become “rising stars” among the top 25 export economies while China and Brazil are among the countries that have seen their cost advantages erode significantly, new analysis by the Boston Consulting Group shows. Overall costs in the U.S. are 10% to 25% lower than those of the world’s 10 leading goods-exporting nations with the exception of China. Continue reading