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The cost of a single bad hire can range up to 5x the hire’s annual salary (SHRM). Making the wrong executive hire can be costly on multiple levels: company morale, resources to replace the hire, productivity, time, and money.
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As we know, making the wrong executive hire can be costly on multiple levels: company morale, resources to replace the hire, productivity, time, and money.
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Demand for tech talent is at an all-time high, with companies pulling out all the stops to recruit and retain employees with coding skills – offering a variety of expensive perks, competitive salaries, and offering big promises for career advancement.
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A company’s offer acceptance rate is a fairly simple metric – it essentially provides an indication of how likely a candidate is to accept an employment offer.
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For the past 50 years, the talent sourcing process has followed the same model. Companies post their job advertisements in high-volume outlets, collect hundreds of resumes, and use recruiting and hiring managers to filter the pile down to a batch based on judgement and heuristics.
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Video interviewing is one of the most exciting recruiting trends, providing considerable opportunity for the candidate experience including additional exposure to the company and their people.
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While this has added an element of ease to the search process for talent, it also introduced a new factor most talent acquisition and hiring professionals aren’t familiar with: SEO.
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It’s rare for any one role in an organization to regularly collaborate with staff across all departments and geographic locations, but that is often the daily reality for information managers.
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When I started working with HR professionals three decades ago, holiday hiring was neatly wrapped: retailers needed people to stock shelves, field customer complaints, and handle purchases.
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