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A Few Of The Five O'Clock Club Press Releases 
300 East 40th Street - Suite 6L New York, New York 10016 Phone (212) 286-9332 Fax (212) 286-9571 Email: PR@FiveOClockClub.com


Press Releases

Job Churn is Here to Stay: Worker Dissatisfaction, Heated Job Market, Baby Boomers Retiring. According to Dr. Richard Bayer, Chief Operating Officer of The Five O'Clock Club, "The concept of job security, as well as time-honored expectations about staying put, have almost disappeared from the minds of most people."

Study Shows: Higher-Level People Have More Stress, Yet are More Thrilled With Their Jobs According to a new study conducted for AOL by Digital Marketing Services: (AOL Keyword: Find a job), higher-level people have more stress, yet are more thrilled with their jobs. According to the survey; those who earn more (over $100,000 a year), tend to work longer hours, are significantly more likely to be stressed, are more likely to be thrilled with their jobs, and are significantly more likely to be happy with their bosses.

IS IT AGE DISCRIMINATION? Or Simply Discouragement? According to Dr. Richard Bayer, Chief Operating Officer of The Five O'Clock Club, the labor market has been improving lately, but the stress remains for those who still have to search-especially those who think they are experiencing prejudice. "We have a maxim at the Club," says Bayer "If the reason for your difficult search could be anything beyond discrimination (age, gender, race, and so on), what could it be?" Identify that, and fix it.

Graduating Soon? Step Ahead of your Class; Find Out What Hiring Managers Really Want  It's that time again, when the country produces hundreds of thousands of new college graduates eager to jump into the work force. How can you make yourself stand out?

"My Employer is Abusing Me" Job Hunters Say They May Jump Ship When Things Look Better  With the climbing unemployment rate and fledgling economy, many managers have adopted a "be glad you have a job" attitude toward their employees. Severance packages and outplacement help for the downsized have continued to dwindle, and survivors of layoffs are being asked to put in 70- and 80-hour weeks to pick up the slack left by their former co-workers. Employers who take a shortsighted approach to the current economic situation, overlook the undeniable fact that things will get better.

Managing Compensation in Difficult Times  At a recent panel presentation for HR managers and executives sponsored by Marsh and The Five O'Clock Club, (http://www.FiveOClockClub.com) human resources executives received expert advice on how to keep their employees happy even as budgets shrink. The compensation specialist is the HR officer charged with making sure everybody gets paid fairly.

Job Search in War Time Recently, employers have been very hesitant about hiring. The uncertainty surrounding the war has translated into economic uncertainty about the future in many industries (energy, travel, tourism, overall consumer and business spending). So hiring decisions have been complicated and delayed.

What Does War Mean to the Job Market? Economist Says: Stimulus Package May Help the Unemployed -The speculations are dizzying, and everyone has one. Most people fear that the invasion of Iraq will send the economy tumbling again, and result in another staggering round of layoffs and downsizing. Dr. Richard Bayer, Chief Operating Officer of The Five O'Clock Club has some contrary predictions.

Can Your Old Boss Stop You from Taking a New Job? What You Need to Know About Restrictive Covenants -They may not know it, but by conservative estimate, about 25 million Americans have signed restrictive covenants. And the business climate today seems to favor this practice of asking new hires to agree to abide by certain rules-perhaps for years into the future.

10 Tips for Job Hunting in a Tight Market -In general, the job market is still pretty tight. Answering ads, and talking to search firms won't set you apart from the competition. A few simple guidelines can shorten your search time by months, even in this market.

Myth: Get Interviews by Networking, Search Firms, Ads Study Shows: Job Hunters Get Meetings Through Direct Contact- The Five O'Clock Club wanted to find out what really works, what method is truly the most effective? An extensive survey of professionals, managers, and executives clearly shows that job hunters get more meetings for the time spent through "direct contact" than through any other technique.

Job-Search Problems: Survey of Job Hunters Yields Surprising Results- The Five O'Clock Club surveyed hundreds of clients to determine 1) the obstacles job hunters encounter the most, 2) the most important factors they consider in a new position, and 3) the most common reasons they are job hunting.

Picking Up The Phone: Job Hunters Consider "Telephone Reluctance" a Major Obstacle- Job Hunters were recently asked to rank 15 job-search problems, and surprisingly "Difficulty in Making Phone Calls" placed near the top of the list for both male and female job hunters. In response to this survey's results, The Five O'Clock Club prepared guidelines for making phone calls to prospective employers.

Job Search Stress: Who Has It and How They Control It- With last year's terrorist attacks, a recession and massive corporate scandals, a common denominator a common denominator among people facing the challenge of finding a new job is a heightened level of stress. The Five O'Clock Club recently conducted a study of employed and unemployed job seekers to explore the causes of job-search stress: Who feels the most stress and what are the most common causes of stress?

Workplace Diversity: A Key to Success- Hiring Managers across the U.S. are bracing themselves for one of the most turbulent rides in recent history. Most. H. R. professionals have heard the Bureau of Labor Statistics predictions: the job market will soon expand beyond the resources our society can provide. There will be a 10.3 million job-surplus by 2010. In the coming job market, hiring managers cannot afford to be exclusive. Diversity will be a necessity.

How to Prepare for the Pink Slip: Better Safe Than Sorry- It seems to be happening everywhere-Lucent, Dell, AOL Time Warner, Gillette, Enron, the major airlines. They've announced layoffs, and everyone is wondering where the axe will strike next. As the holiday season lurks around the corner, it appears another blizzard of pink slips may begin and Americans have another anxiety to add to their list.

How to Write a Winning Resume: The Proven Approach For a Tight Market- The average resume is looked at for only ten seconds! But that's no reason to be discouraged. Following a few simple steps can make your resume stand out from the competition.

10 Tips for Changing Careers- In today's panicky labor market, employed workers are coming to the Five O'Clock Club in record numbers-and they are successfully changing careers. The average professional, manager or executive who attends The Five O'Clock Club makes a career change in only ten weekly sessions. How do they do it? Here are a few steps to follow.

11 Hints for Job Hunting in a Tight Market- The job market has gotten a bit tighter in recent months, so its helpful to review the basics of what job hunters should be doing at this time.

How to Have "Engaged" Employees- In a recent survey of 3 million employees, The Gallup Organization has done research into what they call "employee engagement." According to Gallup, the "engaged" employees are builders who use their talents and develop productive relationships. A key to organization effectiveness is to move as many employees as possible into the "engaged" category.

The Art of the Layoff- An organization's ability to attract the best talent is influenced by its goodwill in the marketplace, which will be strongly impacted by how it handles terminated employees. As they hire and fire almost simultaneously - for a wide variety of reasons - employers need new exit strategies to develop a good reputation so they can attract the kind of employees they want.

Making Full Use of the Maturing Workforce (New York-January, 2003) Every 7 seconds, someone turns 50. According to the Bureau of Labor Statistics, 22% of the workforce was over 50 in 1998, but this will grow to almost 27% by 2008. In fact, it will probably be even higher. Older workers will be staying in-or returning to-the workforce, because retirement savings have eroded. Many Americans have watched their investment portfolios collapse due to the dot.com bust and the sagging economy in general.

Employment Trends for 2003 (New York-January, 2003) At its year-end meeting, members of The Employment Roundtable discussed recent trends in the labor market, as well as those trends likely to carry us through the New Year. Here are a few things to keep in mind as you think about your job in 2003.