The majority of large retailers (80%) expect to hire for the holidays at the same rate as last year, according to a survey from executive search and recruiting firm Korn Ferry. Though brick-and-mortar stores experienced a rough year full of store closures and layoffs, the strength of the economy overall bodes well for holiday hiring. Retailers face a tight job market. …
Nearly Half of Women Say They’ve Experienced Sexual Harassment at Work
Nearly half of currently employed women have experienced physical or verbal sexual harassment in the workplace, according to a new poll by NBC News and the Wall Street Journal. Though young, white, and college-educated women report harassment at a slightly higher rate than average, the poll suggests that men are harassing women of all ages, races, and political beliefs in …
Tech Staffing Expected to Grow in 2018
More than 60% of large companies (500+ employees) and 70% of enterprise companies (5,000+ employees) expect to see significant tech staffing increases in 2018, according to a new global survey by Spiceworks, the robust network of millions of IT pros. These tech experts forecast the following for the upcoming year: Increase in staffing: 45% No change in staffing: 48% Decrease in …
6 Cultural Attributes That Are Most Important to Top Talent
A well-defined sense of purpose and opportunities for growth are the two most important aspects of workplace culture, according to a new survey of 10,000 employees in 12 countries. Here’s the complete list: Purpose: The majority of employees say their organization’s purpose motivates them. Opportunities: Not relegated to promotions, employees value organizations that help them learn and grow. Success: Employees …
U.S. Employment Fell for the First Time in Seven Years
Employment fell by 33,000 jobs in September, marking the first decline in payrolls since September 2010, according to the Department of Labor. This fall is largely attributed to Hurricanes Harvey and Irma. The leisure and hospitality sectors were particularly hard hit, plunging 111,000 jobs, the largest plummet since such data began being kept in 1939. Overall, though, the labor landscape still …
76% of Employers Have Trouble Attracting Top Talent
According to a new survey from Glassdoor, 76% of hiring decision makers say that attracting top talent is their #1 challenge. Some of the reasons for this problem are: Old school recruiting strategies are no longer effective in getting the attention of informed candidates. Passive candidates are wary of networking sites like LinkedIn and have stopped responding to inquiries. Budget …
2017’s Highest-Paying Jobs and Industries
Doctors have nabbed 8 of the top 20 highest-paid jobs, according to LinkedIn’s State of Salary 2017 report. LinkedIn pulled data from two million members to compare salaries by job title, education, industry, location, and other factors. Here are some key findings: Top Job Title: Orthopedic surgeons have the highest-paying job overall, raking in $450,000 annually. Top Industry: Employees in …
What Candidates Want During the Hiring Experience
Candidates have 56% higher response rate with correspondence from hiring managers over other contacts during the hiring process, according to LinkedIn’s new report, Inside the Mind of Today’s Candidate. The report provides a number of insights based on candidate behavior and preferences during the hiring process. Here are some key points: Candidates are open to new job prospects (90%) and …
Employee Turnover Costs $15,000 Per Worker on Average
The cost of replacing an employee can be as much as one-third of that employee’s annual salary, according to Employee Benefit News, as reported by HR Dive. In addition, the indirect costs of a vacating employee include lost knowledge, recruiting time, and time for training new hires. The key factors that cause people to change jobs are career development (22%), …
Why Filling the 6.2 Million Available Jobs is a Big Challenge for Employers
The number of U.S. job openings has crept up to 6.2 million, the highest since the Department of Labor began tracking it. Simultaneously, the country has 7 million unemployed workers, but filling the open positions with people who need a job is a more complex process. There are two key issues. Employers say they cannot find qualified candidates or that …