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The Bureau of Labor Statics (BLS) has released its April 2018 Employment Situation report, which highlights that the shrinking unemployment rate is making it a buyer’s market for job candidates, according to Nick Cromydas, Co-founder and CEO of Hunt Club, a tech-enabled recruiting service based in Chicago, Illinois.The BLS reports that the unemployment rate has […]
The best companies are made up of the best people. However, attracting and retaining top talent is still one of the biggest challenges businesses face today.
As an HR professional, it’s your job to make sure the benefits your company offers are competitive and desirable. It’s not just about hiring the best and brightest—it’s about retaining the great people you already have! Knowing what sorts of benefits are most valued by employees today can help you make confident plans for the […]
In yesterday’s article, I discussed 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. In this article, I’ll focus on the consumer mindset to the recruiting process and how you can ensure your candidates get a good experience.
Millennials (those born between 1981 and 1995) now make up a majority of the workforce, according to Pew Research. And as more Baby Boomers (those born between 1946 and 1964) retire and Generation X moves up, and Generation Z (those born between 1995 and the early 2000s) starts entering the workforce, Millennials will begin to […]
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.