Hiring the Right Candidate:
Set Bait, Cut Bait
By Shannon Tinker
While staffing industry pros are acutely aware of the ins and outs of finding and closing candidates, I’d bet the rest of the world doesn’t spend much time contemplating the hiring process. In fact, during a candidate rich market, employers may land their dream candidate by skipping a bunch of hiring “steps,” including “the close.” But what happens when the market shifts?
An improving job market isn’t all roses and smiley faces. Simple supply and demand dictates, and unfortunately a flourishing job market also, lead to losing more candidates to competing opportunities. While tragic, some losses are unavoidable. Yet, other times a quick re-read of the “Closing Candidates 101” handbook may give you the upper hand.
Closing the right candidate really requires little or no sales ability whatsoever and is remarkably simple. Really. (more…)
What Employers Need to Know About Background Checks
When hiring someone into your company, you vet them for their experience and ability to present themselves professionally. You verify their expertise and skills first by absorbing their resume and then getting acquainted in one or more interviews. Most hiring managers have a good sense of people and can feel pretty confident about the personal qualities, skill set and cultural fit to the company. Nonetheless, taking someone at face value can be risky. A background check should be a policy routine; and all offers made by the company should be contingent on passing a background check.
Cost of Hiring
A background check is crucial for many reasons. The cost of recruiting and hiring a new person is expensive; estimates range at 1.5 to 5 times the annual salary. Think of the staff time involved, the recruiting fees or internal HR department costs, advertising, travel and relocation expenses, training costs and time. (more…)
– part 2
In December we looked at some tips for people to achieve work-life balance and put forth our own survey. Click to view the results of the Redfish survey. This month we focus on various approaches companies are taking to address work-life balance, and reap benefits from the mobility and flexibility that technology facilitates and more and more employees desire.
What Are Employers Doing About Work-Life Balance? And What are the Employer Benefits?
This month, there are several articles on strategies that companies are employing to not only help their employees achieve better work-life balance, but also impact the company’s bottom line. BestBuy, Citrix, Microsoft, Google, and more companies than you think have programs to address work/life balance and employee satisfaction, many include some form of telework (a.k.a. telecommuting, workshifting, remote work, location-neutral work, and doubtlessly some other terms). (more…)
The Art of Salary Negotiation: Understanding What You’re Worth
In today’s economy, most of us think that salary negotiation involves taking a huge gamble, thus putting the security of one’s current position on the line. To be honest, there may be a few risks involved with stepping up and asking for what you think you deserve, but if you equip yourself with the knowledge beforehand, these risks are dramatically reduced. Take our advice to mind, and you will end up on top. (more…)
Staffing & Employment News
From the Redfish Technology May Newsletter.
According to Bloomberg, the growth in corporate profits is an encouraging sign for a V-shaped recovery. The economy is expected to grow at 4% this year, which is up from the 3% prediction derived from a survey of economists earlier this year. This capital will be invested in equipment and hiring according to Joseph LaVorgna, chief U.S. economist in New York at Deutsche Bank Securities Inc. (more…)