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.
In the scale-up space, where finding the right talent is often the number one issue, there is a question that resonates like no other: How do I hire the right people when I am too busy to hire?
Companies are now undertaking a more comprehensive approach to talent recruitment. Most of the time, they need qualified employees to fill a vacancy or undertake new roles in the company. Businesses will invest large amounts of money in finding the most suitable candidate.
The pandemic is taking its toll on your recruiters and jobseekers alike, finds new research from recruitment platform Jobvite. But just how bad is it?
Most businesses that plunged headfirst into remote work due to the pandemic have found that it’s actually quite straightforward and doesn’t reduce productivity as they had feared.
The idea of training employees before you hire them might seem a bit nonsensical at first. For one, there is seemingly no need to train people who aren’t actually going to work for you. Theoretically, they could even end up taking a job with a competitor. But some argue that pretraining may be a valuable […]
Forbes magazine publisher Malcom Forbes once called diversity “the art of thinking independently together.” When it comes to having a diverse board of directors, Forbes’ words have never been truer. Boards thrive on diverse thinking, but this thinking only comes with diverse members. So how can you improve the diversity of your board? Here’s a […]
It seems like eons ago, but it was only January. That’s when hiring managers and external recruiters were lamenting the lack of qualified talent to fill the large number of open positions.
In recent weeks, many organizations have made radical changes to the way they operate, implementing new ideas and processes with amazing speed and success. Long-standing approaches to how teams work have been modified to keep the commercial wheels turning.
These are exceptional times. According to a Gartner online poll of Asian HR leaders in March 2020, “among 805 organizations responding, 88% now encourage or require employees to work from home.” As COVID-19 continues its onslaught around the world, governments have turned to measures such as social distancing to disrupt the contagion. Doing so has […]