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There’s no denying that Generation Z (Gen Z) represents the future of the American workforce. Gen Z is already projected to overtake Baby Boomers in terms of U.S. workforce representation in 2024, and by 2030, it’s estimated that Gen Z will make up 30% of the total workforce. This means employers would do well to […]
Bad hiring decisions have always been expensive for organizations, but they are especially costly today given the tight labor market and the importance of having the right talent in place in the age of AI. The strategic deployment of AI technologies is central to maintaining and enhancing the competitive advantage in today’s digital economy. The […]
When a job applicant makes it through the application and interview process and ultimately accepts a job offer from a new employer, there’s plenty of excitement on both sides of the equation. The culmination of this process represents a new beginning for both employer and employee. But, in most cases, that employee is also reaching […]
As AI technology rapidly advances, companies are eagerly adopting these innovations to revolutionize and streamline their hiring practices. Notable firms like Hilton and Unilever have adopted AI-driven tools such as chatbots for initial screenings and one-way video interview platforms to enhance efficiency and manage large volumes of applicants. These tools automate routine tasks, allowing talent […]
The lifeline of any company is attracting and retaining top-notch talent. High-performing employees serve as the building blocks for setting the foundation for organizational success. In a competitive workforce with a limited talent pool, recruitment and retention strategies have become more essential than ever. Following the Great Resignation (2021-2022), where an average of 4.5 […]
Employers want to find the best candidates for the roles they’re hiring for in the least amount of time without increasing the risk and costs associated with bad hires. Screening and interviewing are both tools in the hiring toolbox that allow employers to identify suitable candidates. These mechanisms aren’t without their own limitations. That is, […]
Today’s labor market has been trending positive, with 339,000 jobs added in May, but coming out of the pandemic, employees are reevaluating their priorities and seeking more fulfillment in their professional and personal lives. In a Greenhouse survey of 1,500 employees last year, nearly half of all respondents reported rejecting job offers after negative interview […]
Companies often struggle with long and tedious interview processes that consume valuable employee time, create a poor candidate experience, lead to qualified candidate dropouts, and don’t necessarily result in better-quality hires. Why Do We Keep Interviewing? 1. Social loafing and decision avoidance: In an interview process involving multiple stakeholders, some individuals may shy away from […]
Not only are companies worried about long-standing employees who have decided to leave, or even those who choose to do less work without leaving (aka “quiet quitting), but people teams are also challenged by those who have recently joined a company and are now also leaving at an alarming clip. A staggering 72% of millennial […]
For job applicants, the interview process can be both exciting and nerve-wracking. On the one hand, there’s the potential for a new job or even a new career. On the other hand, it can take days, weeks or longer to find out how the interview went and whether the applicant landed the job or even […]