There were 800,000 online stores in the United States vying for $256 billion in sales in 2015, with an expected uptick to $370 billion in 2017.1This surge reflects a continuing consumer shift that is challenging brick-and-mortar retailers to deeply transform how they stay profitable. The pressure is on and at the core of this change lies the talent strategy that will either lead retailers into the future or run them into the ground.... read more
Author: Paul Harty
From the word “hashtag” being added to the Miriam Webster Dictionary to Facebook handles being featured on bus stop advertisements, social media is part of our everyday lives. Social media’s presence is not being overlooked in the hiring world either. According to Jobvite’s 2014 Social Recruiting Survey, 93 percent of recruiters use or plan to use social media to support their recruiting efforts.... read more
Since the economy bottomed out in 2008, the “resume black hole” has gained folklore status, cropping up in the national employment conversation like clockwork every few months. And while employers would prefer to believe it’s a myth, a recent survey of over 2,500 job seekers conducted by our team at Seven Step RPO proved otherwise.
The “resume black hole” is real – and employers’ broken job application processes are to blame. ... read more
In my opinion, we are now in one of the most exciting times of year for professional sports. September is the Major League Baseball season’s final month, and tight pennant races are keeping fans on their toes as playoff match-ups are determined. Sundays are ruled by the NFL, hockey training camps are underway, and the NBA is right around the corner. If you’re a sports fan, you know that the chatter and analysis of free agent acquisition busts and boons dominate the ESPN airwaves as the four major sports jockey for attention and ratings. So, what can Talent Acquisition leaders learn from the high-stakes free agency process?... read more
After the housing bubble burst in 2007, banks were required to make several changes to address the needs of their customers. One major initiative that stemmed from this crisis was the single point of contact (SPOC) regulatory requirement, announced in 2011. The SPOC required banks to provide any borrower seeking to avoid foreclosure a one-on-one relationship with the organization. In response, banks were forced to make significant hires. To make matters more difficult, prior to 2011, there wasn't a defined career path or pre-existing role that fit the qualifications required for these positions, making them extremely hard to fill.
One example you may remember is Chase's announcement that it would hire 1,000 employees to its mortgage-servicing business in Ohio. Recruiting 1,000 new employees is a difficult task, however, finding financial services talent in Central Ohio made the task doubly difficult. This was no easy task, however challenges like Chase's have become commonplace in recent years.
Chances are, if you work in financial services, information technology, or manufacturing, you've been faced with a similar hiring challenge – perhaps you're in the midst of one right now. But while hiring under these circumstances can be a headache, there are a few tactics your team can employ to streamline your process and achieve success:... read more