Employers are facing an interesting recruiting conundrum: Despite high unemployment rates, there still aren’t enough applicants for a given job post.
According to CareerBuilder, the average cost of one bad hire is $14,900, and given all the uncertainty surrounding the coronavirus pandemic, your company simply can’t afford to waste these precious dollars hiring and onboarding for the same position. Not only is it costly to replace a bad hire, but it’s also time consuming.
A common explanation for the lack of diversity in certain professions—such as science, technology, engineering, and math (STEM)—and in managerial and executive positions is the “pipeline problem.” The idea is that there isn’t much diversity at the top levels of companies because there isn’t much diversity at the entry level, and these companies promote from […]
Today’s disrupted world finds many companies in a fevered frenzy to source C-level executives who are adept at providing transformative leadership. But locating influential talent, which will help an organization grow, is easier said than done when established enterprises and new marketplace disruptors are equally tasked with navigating economic, societal, and digital transformation challenges. Companies […]
For millennia, cities have been a key feature of civilizations and economies because they serve as a nexus for human interaction. Individuals have greater access to commerce and culture in cities, and companies generally have a better chance of selling goods and services, as well as greater access to talent pools. Consequently, most top companies’ […]
Hiring managers often look for the most economic or efficient way to bring new people on board. Sometimes this means hiring independent contractors, using recruiting firms, or hiring employees directly, and sometimes it means using a mix of these and other options. But what if a candidate specifically requests to be an independent contractor? Or, […]
Do you text job applicants? Some employers prefer the formality of e-mail communications, while others prefer the personal touch of phone calls. Many combine multiple forms of communication at the same time.
Whether we realize it or not, job posts often contain language that favors one gender over another. The way an employer describes a job, such as by using certain words, may imply a bias toward specific traits that may be associated with only one gender. Although most employers don’t intentionally advertise a job for a […]
Have you sat in a hiring discussion during which someone suggests making an effort to find more diverse candidates and is met with “the most qualified person should get the job”? While it’s not an uncommon attitude, it’s detrimental to your diversity efforts. As HR practitioners, we must remember that diversity hiring isn’t about lowering […]
Did you know that four out of five people who quit their jobs because of COVID were women? From caregiving responsibilities to school closures to a lack of childcare options, there are many reasons women have been leaving the workforce in far higher numbers than men over the last year. Unfortunately, this means that decades […]