A decade ago, behavioral science was a niche field of study consigned to science journals and academic papers. Now, there are over 300 behavioral companies working with governments and industries across the globe. Even the proponents of the theory did not dare to imagine such an impactful ascendency.
Company culture is a significant driver of success, and a strong culture attracts and retains top employees, fostering teamwork and trust. Conversely, a toxic culture can thwart any company. Patrick Whitesell, executive chairman of Endeavor, an entertainment and media agency, stated, “You can have all the right strategies in the world; if you don’t have […]
The post-pandemic race is on to attract new employees—and as HR and finance executives both know, the solution can’t always be higher wages. Fortunately, other factors still mean a lot to jobseekers in the revived economy. Casual Fridays and office snack bars may help, but as research shows, health insurance is still at or near […]
As the world continues reopening and the effects of pandemic relief begin to fade with respect to expanded unemployment and direct payments, companies’ hiring efforts will need to scale quickly. In this competitive environment, companies offering an efficient, engaging candidate experience will be in the best position to onboard talent to meet the needs of […]
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 […]