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. …
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 …
Millennials More Likely to Relocate for the Right Job
In 2016, Millennials were more likely to relocate for a job (50%) and switch industries (16%) than non-Millennials, according to data from LinkedIn. The new jobs they’re taking are most likely to be in tech, healthcare, and finance. Their experience and expertise with technology give Millennials the edge in such digital or tech-heavy positions. Millennials bring skills like social media …
Layoffs Lower in Last 6 Months
Fewer layoffs occurred in the first half of 2017 compared to the same time frame last year. There were 227,000 job cuts planned for this year through June, a 28% decrease from the first six months of 2016. For the month of June alone, 31,105 job cuts were planned. This is 6% lower than May 2017 and 19% lower than …
When Will You Attract the Most Talent? Study Reveals Job Seekers’ Habits
In every day of 2016, an average of 1.2% of Americans looked for work, according to a survey from the Department of Labor examining the patterns and characteristics of job seekers. Here are some key points: Time spent on job searches averaged 2.5 hours daily Search activity peaked between 10 AM and 2 PM on weekdays Tuesdays between 11 AM …
Where the Tech Jobs Are in 2017
While the Bay Area still stands as the tech mecca of the US, many cities have been growing their tech industries and need workers to fill those jobs. In the last decade, for example, tech jobs in Charlotte, North Carolina, grew by 62%, adding 7,400 jobs. Indianapolis has seen a 68% increase in tech jobs over the last ten years, …
Employment Trend: Shorter Tenures Across All Generations
Workers aged 55 to 65 are staying at a job for 2.53 years (median duration), according to HR Mythbusters 2017, while 25 to 35-year-olds remain for a median 1.42 years, and 35 to 55-year-olds stay for nearly 2 years. While younger generations may be considered job-hoppers more often, the stats show that almost everyone is willing to switch positions for …
Independent Talent May Be Key to Solving Worker Shortages
Employer talent shortages are currently at a 10-year high, according to ManpowerGroup. At the same time, the “gig economy” is booming, and employers may ease these shortages by hiring independent workers. Areas that may benefit from this type of employment are business development, IoT, IT, healthcare IT, and positions that require regulatory expertise in healthcare or finance. Recruiters and …
How to Recruit Generation Z
With the constant talk of Millennials, it’s easy to overlook the newest group of people filtering into the workforce: Generation Z. This group was born as early as 1990 and all the way through 2010. They are characterized as being entrepreneurial, ready to work, adept problem-solvers and multi-taskers, and they are the first generation of true tech natives. Here are …
Candidate Experience Affects Company Brand Image and Bottom Line
Nearly two-thirds (64%) of workers say a poor recruiting experience would turn them off of purchasing from companies in the future, according to a Future Workplace and CareerArc Survey. Even for those who do get the job, a bad candidate experience can lead to uncommitted new hires who leave their positions early. A company may receive poor reviews on social …