Recruiters are constantly challenged to find and hire top talent despite a dynamic hiring landscape. New technologies, developing job seeker behaviors, and the rise and fall of skill sets requires more than traditional recruiting strategies. In this eBook you’ll explore 5 chapters with 18 key tips to achieve your 2018 recruiting goals.
First things first: When you recruit on social do you mostly recruit on sites designed for job searching such as LinkedIn? Recruiting on LinkedIn makes sense. But, did you know that there are nearly 330 million monthly active users on Twitter? 330 million active users! That’s huge. Twitter is the third-largest social network behind Facebook and LinkedIn. It’s time to learn the benefits of recruiting on Twitter.
Nothing is more important than hiring the right people. 73% of employers admit that making a bad hire is costlier than leaving a position open. In fact, a survey found that 41% of hiring managers and HR professionals who have made a bad hire estimate it costing thousands of dollars. To successfully recruit and hire, a strategy that is backed by forward-looking technology is necessary.
For People’s United Bank (People’s United), dealing with large investments for their customers is a daily occurrence. So when the time came to make a critical investment in their 5,000+ employees across 400 locations, they took it very seriously.
According to the most recent Society for Human Resource Management (SHRM) annual Employee Job Satisfaction Survey, “Forty-five percent of employees reported that they would be likely or very likely to look for other jobs outside their current organization within the next year... As the economy continues to improve and job seekers become more confident in securing new positions, organizations must design competitive benefits packages to attract and retain top talent. No matter what benefits you offer employees, it is always a good idea to take the time to re-evaluate what you offer employees and educate them about what their total compensation package is worth. With nearly half your employees keeping an eye on new employment opportunities, ensure they are aware of the full value of their compensation, lest they perceive greener pastures elsewhere.
Workplace benefits choices can seem confusing to many employees. Employers often experience that confusion firsthand during the organization’s open enrollment period. On top of unfamiliar language, there is a lot of information to process and important decisions to make. Though studies have shown that people tend to prefer more choices, they are less likely to make a decision and ultimately less satisfied with their decision when more choices are offered. With multiple benefits options, some employees may choose to simply do nothing during open enrollment, even when it may be advantageous to make changes to their benefits plans.
Companies have traditionally invested both time and money into attracting new talent to their organizations, but have often been less successful at retaining valuable employees. Over the past 20 years, organizations have begun to invest in the idea of Human Capital Management (HCM). One part of HCM is talent management, which focuses on filling vacant or new positions with savvy people, and on developing the potential and skills of existing employees. Software tools are critical to effective talent management. Since Enterprise Resource Planning (ERP) systems are already being used to manage corporate resources, they are an ideal platform for managing human resources. This white paper, explains the process of defining and using competency models to jumpstart talent management initiatives as part of an HCM strategy, and how software tools can automate these processes.
Business is all about people. So choosing the right human capital management (HCM) solution that will improve work experiences for all employees is critical to overall business success. But selecting a new solution can often seem overwhelming–How do you know where to start? What to look for? What solution can meet your unique business needs?
Payroll is a huge cost center — not only as the source of wages and salaries, but in the cost of processing. Increased efficiencies and streamlined processes control costs in payroll, which means direct savings to the company's bottom line. Payroll can have enormous impact on an HR department's time and the company's bottom line — this guide offers readers 25 ways to positively impact payroll.
A good user experience can greatly impact product usage, which is why HR technology design matters. In this paper, we’ll show you five UX features to look for in an HR solution your employees will love to use.