In the middle of 2021, with inflation and interest rates rising, most salary increase budget projections were expected to be around 3 percent to 3.2 percent for 2022. However, with high wage growth and inflation following its initial April report, The Conference Board fielded its annual survey again (from Nov. 8 to Nov. 19, 2021, this time) … Continued
Recruitment analytics is discovering and interpreting patterns for sourcing, selecting, and hiring suitable candidates. There are three levels of recruitment analytics: Various recruitment analytics tools, tactics, and software will be described in this article to help get you started with streamlining your recruitment process. The Three Levels of Recruitment Analysis There are three primary levels … Continued
Applicant tracking systems (ATS) are incredible employee recruitment software. Though many of us are familiar with ATS, we may need to learn why employers use it in recruitment or what ATS recruitment services are available. ATS recruitment systems manage your entire hiring and recruitment process, including job postings and applications. Some software organizes job seekers … Continued
As a society, we are now in the golden era of the digital age. If you’re not matching pace with the ever-evolving growing digital world, you fail to achieve the best you can. Whether you’re a recruiter or an HR professional requiring high-volume recruiting for your company, the right recruitment software can make all the … Continued
Hiring new employees is a stressful and time-consuming process. You save time, energy, and money by streamlining your automated recruitment process and hiring the right employees. Automation in recruitment enables you to build a team that truly supports each other and creates innovative solutions together. This guide tackles how to automate recruitment to hire candidates … Continued
Qualified talent is hard to find, and it’s not getting any easier. Economic shifts, a widening skills gap, and the need for key roles across enterprises has made recruiting highly competitive! This challenge has led to burnt out recruiters and high HR turnover across the board. Even though demand has surged, 57% of HR professionals … Continued
Talent can be hard to find these days. That’s why recruiters are weighing the cost between higher pay and lost revenue from vacant positions. So, it’s to noone’s surprise that companies are re-assessing their hourly role criteria – requiring college degrees, drug screening, etc. But, one factor, in particular, often goes unnoticed – the cost … Continued
Happy employees remain committed to their roles, enhancing company culture and improving the overall success of your organization. How do you keep employees fulfilled in a job market filled with competitive employers and incentives? The first step is learning how to calculate employee retention rate. Employee retention rate refers to the number of employees that … Continued
You may have heard the term Full-Time Equivalent (FTE) in the context of the number of employees working, the salary employees receive or the benefits a company is mandated to give their workers. What does FTE stand for, how do you calculate it and how does it affect a company and its employees? What is … Continued
The COVID-19 pandemic has created a lot of uncertainty, chaos, and obstacles for employers across most industries. It’s hard to find candidates, it’s hard to keep them, and it’s so hard to meet staffing needs that employers in industries like retail, healthcare, supply chain and restaurants are raising starting wages, offering interview or sign-on bonuses, … Continued