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At the end of a hiring process, the final step is sending an offer letter to the potential candidate with the hope of them accepting it. Unfortunately, some hiring managers end up receiving a different answer, a counter offer.
If you want to beat your competition at their own game, you need to understand what makes them tick. This advice goes for recruiting talent as well, but in order to beat your competition and recruit top talent, you need to understand the current state of the American workforce.
We’ve been talking for some time about the tight job market faced by employers across the company. With the unemployment rate at a historic low, many jobseekers are having an easier-than-usual time finding a new job, or a first job, as employers struggle to find qualified employees.
We’ve been talking for some time about the tight job market faced by employers across the company. With the unemployment rate at a historic low, many jobseekers are having an easier-than-usual time finding a new job, or a first job, as employers struggle to find qualified employees.
Corporate culture, or organizational culture, is notoriously difficult to change. The term refers to the ingrained values, practices, and essence of a company. The concept can take many dimensions: focus on timeliness, rigidity of corporate hierarchy, office politics, etc. At the same time, the relatively independent influence of dozens, hundreds, or thousands of employees can […]
To ease employees’ concerns about access to their elective deferrals in the event of a financial emergency, an employer may provide for hardship withdrawals in its plan. This can provide some peace of mind during difficult times.
Over the years, sourcing has evolved from a function within recruiting to its own discipline. Today, many large organizations have entire departments dedicated to candidate sourcing.
Millennials, to many employers, are an enigma. Even though the oldest of them are now in their 30s, they continue to be the generation without a clear definition—you might even say that the defining characteristic of Millennials is in fact that they can’t be put neatly into a box. They’re meaning-makers. They’re experience-seekers. And now, they make […]
by Todd Castleton of Proskauer Rose LLP When retirement plan sponsors adopt a “safe harbor” 401(k) plan design, they are deemed to be compliant with the actual deferral percentage (ADP) and actual contribution percentage (ACP) nondiscrimination testing provisions of the Internal Revenue Code (IRS)—the federal tax Code.
A new ADP® study reveals that middle market employers’ concerns about government regulations have grown dramatically, superseding their concerns about the Affordable Care Act (ACA) and health care costs for the first time since the study’s inception in 2012.