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As labor markets continue to tighten, companies are pursuing additional strategies for recruiting untapped talent and retaining workers. So finds a new report by The Conference Board, a global business membership and research association.
I find myself particularly drawn to (and often frustrated by) topics related to the generational divide. So, I was particularly eager to sit in on Susan Vitale’s RecruitCon 2018 session on the Outlook on the 2025 Workplace: How to Attract the Next Generation of Talent by Effectively Recruiting Millennials and Gen Z.
It’s no secret—recent hiring surges have led to a more competitive job market. And, as a result, recruiters and hiring managers are now operating within what is referred to as a “candidate-driven market.” This means high-quality candidates can be selective about which interviews they take and, ultimately, which company they work for.
Whether you call it a hiring bonus, a signing bonus, or a sign-on bonus, the idea is the same: It’s a bonus offered to a job applicant to entice him or her to accept the position. It could be a flat dollar amount, or it may be a percent of the new salary, typically anywhere […]
Deciding to invest in the growth of your employees is more than just a question of budget. If your company chooses not to invest in employee development, you’re setting your business up for lower employee engagement rates, lower chances of attracting and retaining talent, and employee stagnation—all of which deeply affect your company’s productivity.
With a tight job market, many employers are finding it more and more difficult to hire top talent. There are fewer job applicants for the average vacancy. There’s a greater likelihood that the ideal candidate will have multiple offers to choose from.
In yesterday’s Advisor, we noted that interviews can sometimes be a bottleneck in the hiring process. We started an outline of some alternatives to either bypass or improve the in-person interview. Let’s take a look at a few more options here:
When you are having trouble filling a position, it can be a real temptation to hire any candidate just to fill the position. But we all know that hiring the wrong person can end up being more costly in the long run—especially if the new hire causes any problems.
In honor of National Small Business Week, Upwork released new data that reveals the majority (58 percent) of small businesses are embracing agile workforces due to “greater interest among workers for flexible work arrangements.” The data is a specific cut of results from small business respondents to Upwork’s Future Workforce Report, which explores U.S. business hiring.
Sometimes it may seem as though the hiring process takes longer than it should. And this can be a real problem when the job candidates have the upper hand—anything that prolongs the process means there is a greater chance your ideal candidate will have another offer by the time you’re ready to proceed.