We’ve been inundated with bewildering big data for years now. Thankfully, predictive analytics has emerged to help us put that data to use in ways that drive business results. In talent acquisition (TA), predictive analytics is a tool that helps companies hire better and faster. In today’s highly competitive talent market, doing so is key to securing the talent you need. So, how does predictive analytics empower better hiring?... read more
Category: Best practices
If you’re thinking about hiring a recruitment process outsource (RPO) firm on a short-term or project basis, there are important things to consider before taking that route. Most companies look at RPO when they are struggling to achieve target recruiting results or when their internal team is over capacity. Project RPO offers wonderful benefits and direct solutions to these challenges, but it’s not something to jump into blindly.
What is Project RPO?... read more
When a recruiter looks at a resume and sees that an applicant has had a handful of jobs in a short amount of time, their first reaction is often to toss that resume in the trash. But times have changed, and it might be a good idea to give those resumes a second look.
When the economy took a dive in 2008, some companies took drastic measures to stay afloat, including benefit cuts and salary and hiring freezes that left existing employees feeling underappreciated and overworked. Leaving that environment behind for better pay became common. In fact, in many industries it seems like moving between companies is still the easiest way to get salary raises and better benefits packages.
Could it be that job hopping is the new promotion?... read more
Addressing the Talent Shortage Five Radical Ideas from Bill Ingram, Executive Vice President of Seven Step RPO.
We’ve got a serious problem. A talent shortage that has companies scrambling to figure out ways to meet the growing demands of business with fewer skilled workers. So far, no one seems to have a solution. What I’ve seen are companies looking at small steps, little changes that might make them more attractive to scarce talent. But I say we toss that, and think really big for a change. I mean really BIG, as in completely transform the way we do things. The following ideas are certainly controversial. Yet, if we don’t find a radical solution to this immense problem, we’re going to see companies failing because they can’t find the skilled human beings they need.
Before I jump into ideas, let me just say that this isn’t about traditional education and it isn’t enough to assume that technology will be the answer. In fact, I would argue that it is precisely the skills that technology cannot and will not be able to do – the very human skills – that are and will be most needed. So, we’ve got to rethink everything from all angles. The conversation needs to widen and deepen, we need to be as innovative in creating a solution for the talent shortage, as we are in innovating new technology. And the time to start is now.
Here are five radical solutions to ponder:... read more
You suspect you have a problem with your talent acquisition (TA), but you can’t quite pinpoint it. Let’s get beyond that sinking sensation in the pit of your stomach and find out what’s really going on so you can assess how big of a problem it actually is and what actions (if any!) are required.
I meet with many great companies experiencing talent acquisition “challenges.” Sometimes, identifying the difference between comparatively normal challenges and outright failure is hard. These companies know something is not right and they are experiencing negative consequences in their business – but they aren’t sure if there’s a systemic problem or if they’re simply expecting way too much.
Talent acquisition is a tough business. It’s competitive, operationally demanding, and fast-paced. So, feeling stressed and under pressure is absolutely normal on any given day in TA. That’s just part of the game. Simply feeling stressed doesn’t necessarily mean you have a problem!... read more