Experts have long recognized that the economy is seasonal, and at least part of this seasonality is due to weather. Some industries peak in the summertime when warm weather and long days lead to increased work hours and greater demand. Other industries experience a strong winter peak, particularly as the holidays lead to an increased need for temporary employees. Read more
A successful reference check is one that garners accurate information about a job candidate and leads to a successful hire. While the manual reference checking process has traditionally been an onerous and often fruitless task, automated reference checking has opened up a new approach. This automated strategy can save HR time and money while leading to higher quality hires. Read more
While the hiring process has traditionally focused on the power of the resume, recent shifts suggest that employers may be ready to look beyond education and experience and focus more on talent and performance. According to a recent Wall Street Journal report, some employers have begun implementing a process known as “blind hiring.” Resume information such as name and college education are redacted so that hiring managers can instead focus on what matters – talent. Read more
Many would agree that startups face unique hiring challenges. Established companies have capital, brands, and reputations to lure top talent. Startups typically struggle in these areas.
While the number of job openings continues to rise, companies are taking increasingly longer to extend offers to applicants. The Wall Street Journal reports that U.S. employers are taking an average of 25 days to fill vacant positions. Large companies with 5,000 or more employees report taking nearly 60 days to fill job vacancies.
According to one CareerBuilder survey, more than 6,000 hiring professions suggested that they had experienced the negative effect associated with hiring someone who was a poor fit for the job. Twenty-seven percent of U.S. employers surveyed reported that just one bad hire had cost their company in excess of $50,000. Read more