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The Bersin by Deloitte TalentAcquisition Factbook 2015 report revealed U.S. companies increased their average talentacquisition costs 7 percent from 2013 to 2014, driven in part by an increase of nearly $4,000 per hire. A lengthy interview process increases expense.
As recruiters, talentacquisition professionals and leaders in HR, the importance of employee engagement, culture, job satisfaction and retention is often discussed. In this week’s TalentAcquisition Fast Facts , we explore 7 current and future trends, changes and challenges that will impact the 2015 talent landscape: .
Talentacquisition is arguably the one HR area that provides the biggest advantage to a business. Research backs this up: According to one study , the ability to deliver on recruiting had a larger impact on revenue growth than all other HR areas, including onboarding and retaining new hires, managing talent, and developing leadership.
Talentacquisition is arguably the one HR area that provides the biggest advantage to a business. Research backs this up: According to one study , the ability to deliver on recruiting had a larger impact on revenue growth than all other HR areas, including onboarding and retaining new hires, managing talent, and developing leadership.
Unemployment Lower than National Average Good news for workers in the Dallas-Fort Worth area – not only is the unemployment rate down from 2014 (when comparing May 2014 to May 2015), but it’s 28 percent lower than the national average of 5.3 percent from April 2014 to April 2015, according to the U.S. Bureau of Labor Statistics.
percent between 2014 and 2024 for all [healthcare] occupations. During the breakout session, Memorial Sloan Kettering Cancer Center Director of TalentAcquisition Kyla Nemitz shared her institution’s story, which includes a major expansion. The Bureau of Labor Statistics, he said, projects average growth will be 6.5
So next week I''m off to Paris for Fleming Europe''s Gamification in HR 2014 Summit. Gamification is more than pointsification for a start. But as to exactly what it is, I want to be more sure than I currently am.
Summer is in full swing, and 2014 has reached the halfway point (albeit a couple of weeks ago, on July 1). As the year continues to race by, today we take a step back to recap the most noteworthy 2014 statistics to date. How has the mindset of today’s talent shifted in recent months? The reason talent is leaving….
While this impacts talentacquisition and management, one question keeps coming up: Should companies screen temporary or contract workers? Lyft also settled a lawsuit stemming from lax background checks in 2014. In short, yes. Where Background Checks Come In. Could it get worse?
Oorwin is a cloud-based talent management platform designed to help companies streamline their hiring, onboarding, talent management, and workforce management processes. Founded in 2014, Oorwin is headquartered in Hyderabad, India, and has offices in the United States, United Kingdom, and Singapore.
With the fiercely competitive nature of talentacquisition, what can organizations do to make sure their recruiting and organizational talent management functions are up to speed? Jobvite’s 2014 Social Recruiting Survey highlights trends, tools, and practices that are making a splash in recruiting effectiveness right now.
Gamification made Deloitte’s 2013 list of Top 10 Technology Trends and the Gartner Group forecasted that 70 percent of Global 2000 Companies would use a “gamified” application or system by 2014. Furthermore, businesses spent $100 million on gamification in 2010 and that figure is estimated to reach $2.8 billion by 2016.
Sharp Contrast Between Urgency and Readiness in Talent Management. Talking TalentAcquisition with Kyle Lagunas. Here are the recent episodes: Stop the Insanity: How to Get Different Results With Your Employee Engagement. I am excited to see what 2015 holds.
Talentacquisition is the most complex area of human capital management, yet many companies lack the necessary resources, tools and capabilities to build a results-driven program. In fact, only 8% of companies have an optimized talentacquisition strategy. 5 KPIs of High-Performing Onboarding. ux of job applications.
February (2014) has been proclaimed American Heart Month, a time we “renew our fight, both as a Nation and in each of our own lives, against the devastating epidemic of heart disease.”. In recent weeks, we’ve scoped out the 2014 Healthcare Hiring Outlook and taken a look at how the Affordable Care Act (ACA) will impact recruiting.
For a holiday treat, we’ve compiled a series of “top 10″ TalentCulture posts from 2014 for you to catch up on between now and the first #TChat Show of the New Year. The Top 10 Most Popular TalentCulture Guest Posts for 2014: How Great Companies Attract Top Talent. Happy Holidays, TalentCulture #TChat Show Land!
Last year, we discovered recruiters prefer talentacquisition to most any other name. We learned that recruiting quality prospects was harder in 2014 , even if some of the corporate recruiters we surveyed thought otherwise.
In the realm of talentacquisition, recruitment now exists almost entirely in the digital world—job boards, email campaigns, career websites, Skype interviews, mobile applications, Applicant Tracking Systems (ATS), talent analytics and social media platforms, among countless others.
Employee turnover and talentacquisition provide two cases in point. Yet, a fixation on the increasing hiring predictions can actually reduce cost-effective talentacquisition. . Avoid Being Seduced by Powerful Analytics Applied to a Narrow Question. A too-narrow analysis can miss the pivotal decisions.
For a holiday treat, we’ve compiled a series of “top 10″ TalentCulture posts from 2014 for you to catch up on between now and the first #TChat Show of the New Year. The Top 10 Most Popular TalentCulture #TChat Shows for 2014: #TChat Preview: The Extraordinary Potential Of Values Based Leadership.
As global companies prepare to hire, develop, and retain the workforce of the future, TalentAcquisition (TA) functions find themselves—often for the first time—in the spotlight among Human Resource Centers of Excellence.
This week’s TalentAcquisition Fast Facts explores the European talent market, RPO in Europe and why businesses across the continent are seeking strategic talent partnerships: According to SIA , the global RPO industry generated $3.45 In short, RPO has become a “very big deal” both globally and within the European market.
I can’t believe 2014 is almost over, and a new year is upon us. A Shiny New Framework for High-Performance TalentAcquisition. Talentacquisition is changing rapidly. With this in mind, I’m developing a working model of how the most effective hiring organizations are tackling talentacquisition.
This has changed drastically, as (noted in the intro) 83% of corporate HR leaders today believe strong employer brand is vital to hiring the best talent. The same surveyed leaders believe competitors investing in employer brand is their organizations’ top competitive threat in 2014.
Use the information gathered from these data points to understand where your top quality talent is coming from, what makes them succeed, and what makes them stay at the company — and then, use these insights to improve the effectiveness of your talentacquisition process. Develop The Right Mix of Workforce Diversity.
For a holiday treat, we’ve compiled a series of “top 10″ TalentCulture posts from 2014 for you to catch up on between now and the first #TChat Show of the New Year. Grossman TalentCulture Posts for 2014: The Better Angels Of Perpetual Candidate Experience. Happy Holidays, TalentCulture #TChat Show Land!
I’m excited to announce that we just published Bersin’s latest High-Impact TalentAcquisition (HITA) study, with 1,220 global participants. This study is only our second industry study for talentacquisition—and, yes, the world has changed since our last industry study published in September 2014.
With the fiercely competitive nature of talentacquisition, what can organizations do to make sure their recruiting and organizational talent management functions are up to speed? JobVite’s 2014 Social Recruiting Survey highlights trends, tools, and practices that are making a splash in recruiting effectiveness right now.
At Oracle OpenWorld 2014 all things HCM will again be a dedicated “event within an event” called HCM Central @ OpenWorld. BioMarin Pharmaceutical—TalentAcquisition Cloud for Midsize Companies with Oracle E-Business Suite [ CON4527 ]. Register today and we''ll see you in San Francisco, September 28 - October 2, 2014!
Accenture’s 2014 College Graduate Employment Survey compares the expectations and perceptions of 2014’s university graduates with the realities of the working world according to both 2012 and 2013 graduates. More than half (56%) of 2012/2013/2014 graduates have already left their first job or expect to be gone within one or two years.
When Robert Daugherty joined American Airlines as its director of global talentacquisition in 2014, the giant airline was trying to put more than a decade of misery behind it. The state of the airline’s talentacquisition infrastructure was also in dire shape.
football teams better, it will make your company and your talentacquisition team more successful. Even more ambitiously, LinkedIn’s talentacquisition team aspires to “design, build, and share best-on-planet recruiting.”. Having and sharing a clear organizational vision doesn’t just make U.S.
The findings should be a wake-up call to all employers to move quickly and substantively to offer these benefits as part of their talentacquisition strategies.” In 2014, nearly 40% of those surveyed said they would be nervous to talk to a supervisor about missing a work event for a family commitment, a figure that now stands at 24%.
About four in 10 of nearly 4,000 corporate talentacquisition managers from 40 countries agreed that quality of hire is the most valuable metric for performance, although that is a dip from the 44% who said so in 2014. That’s not so true anymore.
Turnover in the healthcare industry is at an all-time high, which means that HR leaders are scrambling to improve retention and employee happiness at work as the demand for talent rises. Since 2014, the average hospital has turned over 87.8% Average turnover in healthcare jobs is second only to the hospitality industry. .
Christmas advertisements and decorations are out and I’ve already seen a few other posts starting to give advice for 2014. However, there’s a good reason why 2014 should be an exception – growth! iCIMS is the leading provider of talentacquisition software for growing businesses. This post is sponsored by iCIMS.
That’s a 50 percent increase over what employers said at the beginning of 2014. He’s also currently the Product Marketing Director for Total TalentAcquisition products at PeopleFluent. CareerBuilder’s annual job survey found that 36 percent of employers expect to add permanent, full-time staff this year.
About a week and a half ago, I spent some time with the talentacquisition team at one of the hottest startups in Austin, Texas – WP Engine. The report, which can be found here , examines real-life examples of how investments in employer brand management drive performance in key areas of talentacquisition performance.
PWC’s 17th annual global CEO report “ Good to Grow: 2014 US CEO Survey ”, provides a thorough snapshot of executive leadership perspectives and approaches at the current moment. PWC states that, in part, “Technology” is a watchword for 2014 because CEOs use it when talking about both core innovation and information technology (IT).
As a talent-acquisition leader, it’s your job to take care of three constituencies: your organization’s hiring managers, the job candidates and, last but not least, the people who work within the TA function. “Recruiting is recruiting, but talentacquisition is consulting,” she said.
Employee turnover and talentacquisition provide two cases in point. Yet, a fixation on the increasing hiring predictions can actually reduce cost-effective talentacquisition. . Avoid Being Seduced by Powerful Analytics Applied to a Narrow Question. A too-narrow analysis can miss the pivotal decisions.
The senior vice president of talentacquisition led the meeting and at one point he said something quite profound and refreshing, not something I’d heard of late: “We cannot allow compliance to manage us. Well, more jobs were created in 2014 than in any other year since 1999. Wait, what?
Talentacquisition is costly, especially when you make bad hires. How can you avoid making costly talentacquisition mistakes? This helps retain your top talent and improve your talentacquisition process. Your talentacquisition process should never involve hiring from the gut.
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