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What is causing your high turnover rate?

2/15/2018

It’s well known that a high employee turnover rate comes with increase in cost per position. But what is a turnover rate? Your annual employee turnover rate can be calculated using the following equation:

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Does your employee deserve a bonus?

1/31/2018

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As a hiring manager, this decision can be a difficult one. In general, 54% of employers plan to give their employees a year-end bonus and most companies have allocated 10% of their overall budget to salary increases. Why go through all this trouble? By awarding your current employee for a job well done, it affects their productivity and longevity in the company. When your employees are well-compensated, they will be less likely to seek other jobs.

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Setting up New Hires for Success

1/22/2018

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Just because your candidate has accepted the job offer doesn’t mean your job as a recruiter or hiring manager is over. Data shows that the quality of your onboarding process can affect the performance and tenure of a new hire. After investing time and resources into recruiting this talent, you don’t want it to go to waste and have to start the recruiting process all over again. So how do you set up new hires for success?

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Is your Candidate asking for too much?

1/18/2018

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It’s the moment recruiters and hiring managers dread: Negotiating a Salary. You might have found the perfect candidate, only for them to turn down your job offer at the last moment.

With the Assembly Bill 168 in effect, employers are banned from inquiring about a candidate’s salary history. This law change will cause hiring managers and recruiters to have to tweak their salary negotiation tactics.

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How to create desirable employee benefits

1/3/2018

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How does an employee benefit package affect the way you attract candidates? Offering benefits that go beyond the basics can make a world of difference since 55% of candidates are more likely to accept a job offer with a lower pay but better benefits. This does not mean you should just include “casual dress code” and “free snacks” as perks and expect candidates to come flooding in. Here’s how to develop a good employee benefits package and attract more candidates.

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Questions Hiring Managers Like to Hear

12/27/2017

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“Do you have any questions for me?” If you really want the job, do not answer with a “No.”

That’s your cue to turn the tables around and be the interviewer. Asking questions shows the hiring manager that you’re interested and serious about the getting the job. Most hiring managers and recruiters are more likely to hire a candidate that asks questions rather than just answering.

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Impress Your Candidate

12/19/2017

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Are you providing a good candidate experience? Hiring managers and recruiters sometimes forget that it’s not just the candidate that has to put in the effort. From the application to the job interview, your candidate will be judging the company based on the entire process. If your team fails to deliver, you might lose a quality candidate.

If candidates are turning down a perfectly good job offer, it’s time to review your recruitment process. Here are 5 tips that could help you turn things around.

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Recruiting should not be a waiting game

12/4/2017

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Waiting around for applicants on job boards won’t guarantee you a perfect candidate. Did you know that only 32% of hired candidates are sourced from job boards? That would suggest only a small percentage of the workforce sees your company’s job board. Only ‘active’ candidates (those looking to leave their current positions) are typically surfing through job boards.

According to LinkedIn’s 2016 Global Talent Trends, 90% of professionals are open to speaking to a recruiter but only 36% of the working force are active candidates. So, who are the remaining 64%? They are your passive candidates.

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Reading Between the Lines

11/27/2017

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You’ve got an important job opening and there’s a stack of resumes that need to be screened. It’s time to narrow the field and find candidates that are worth bringing in for an interview.

As a hiring manager, you need to uncover the truths that are hidden beneath the text of a resume. We’re not just talking about simple grammar or spelling mistakes; be aware of candidates who withhold the full truth about previous employers or jobs.

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Don’t Make These Hiring Mistakes

11/20/2017

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Most companies spend a large amount of time, energy, and resources looking for the perfect candidate. After all of this effort, you want to ensure that your newly hired employees are going to stick around.
If you don’t want to increase your company’s turnover rate, avoid these hiring mistakes.

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