hiring
Hiring is a never-ending cycle for a business. The perpetual process of finding, onboarding, training, and discharging employees isn’t just constant. It’s expensive. Most people have seen the dated statistic that it costs around $5,000 to hire someone. However, the HR professionals at SHRM clarify that this is just the tip of the iceberg. Once you consider the entire impact of employee turnover, it can actually add up to as much as three or four times the position’s annual salary. This makes the hiring process a multi-million-dollar activity. HR reps must race to minimize costs and streamline ...
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High-profile layoffs may lead you to think top talent abounds, but teams everywhere continue to struggle to fill open roles with quality candidates. If your organization is at a recruiting impasse, it may be time to outsource your hiring function. External partners may be the secret to ending your talent drought, but using tools, tactics, and efficiencies in-house teams cannot. By partnering with an external human resources expert, your organization can better leverage its time and resources for major initiatives. Instead of monopolizing hours trying to crack the code on recruitment, your HR p...
ValueWalk
According to a recent Women in the Workplace study from Lean In and McKinsey, the most significant barrier women face in business these days isn’t the glass ceiling. Instead, it’s the floor—the barrier to entry-level management positions. Although women now own 4 out of every 10 businesses in the U.S. and are making great strides at the top of the career ladder, they’re still missing from entry-level and middle-management positions. That’s something companies of all sizes need to address. Women in business mean greater successIt’s not just about diversity (although that’s a worthy goal in itse...
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With businesses scrambling to fill positions in an era of worker shortages, some hiring managers are left to ponder resumes from job candidates whose skills or education don’t quite match the requirements advertised. Q2 2021 hedge fund letters, conferences and more The Hiring GameDegrees and expertise aren’t everything, though, and other factors can be just as important in finding the right person, says Bill Lyons, the ForbesBooks author of We Are HR: The Business Owner’s Definitive Guide to Professional Employer Organizations. “We encourage our clients to prioritize attitude and cultural fit ...
ValueWalk
In some variation, internships have been around for centuries. For example, back in the 1080s, it took apprentices up to seven years to learn a trade. And, this came with perks like not earning wages or getting married. Sometimes an apprentice would have to pay their boss for teaching them. Thankfully, apprenticeships are more favorable today. But, what internships? Well, that’s a whole new ball game. The term “intern” actually originated in the medical community. Time reported that the term described doctors who had medical degrees. However, they did not have licenses prior to World War I. Th...
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