Tag - Candidates

October 2019

3 Reasons Not to Wait for the Perfect Candidate

It may be tempting to hold out for the absolute perfect candidate, but in the current market it’s important to understand the importance of compromise. Below are our best 3 reasons why you shouldn’t wait for the perfect candidate—and why you should hire a great one instead. Longer Interview Processes Lead to Lower Quality Hires The best candidates won’t wait around through a long interview process. It’s a candidate’s market and they will likely have competing offers. In our experience the...

September 2019

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3 Ways Employee Development Will Help You Keep Your Best People

Employee development may not be the top priority for your company, especially in a tight labor market where hiring is more competitive than ever. However, investing in skills training and creating career paths could help you keep your most promising employees. Below are 3 ways employee development will help you keep your best people. Increase Job Satisfaction & Employee Retention The Bureau of Labor Statistics reports that over 3.5 million Americans quit their jobs every month. That’s about 2.3 % of...

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6 Tips on Conducting Interviews in a Candidate-Centered Market

In a Candidate-Centered market it is more important than ever to be sure your interview process is above standard. Candidates expect a streamlined and organized interview experience. Below are 6 of our best tips for adjusting your interview process during a Candidate-Centered market. 1. Don’t Start Too Early It’s important not to start interviewing candidates until your management team is prepared. If your interviewers or decision makers have limited availability in the coming weeks, you should hold off on beginning the...

July 2019

The True Cost of a Bad Hire

Hiring is expensive but even more costly if you end up hiring the wrong person. Much of this expense can be financial, but a bad hire will have wide-reaching effects on other aspects of your business. Below are the top three costs of a bad hiring decision. Financial Costs According to a study by SHRM (The Society for Human Resources Management), the price of a bad hire can be up to 5 times their annual salary. A five-figure investment in a...

December 2018

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4 Tips for Addressing a Layoff

The Bureau of Labor Statistics measured layoffs in the U.S. to be close to 1,700 in the month of October which remains relatively consistent with the monthly totals recorded so far in 2018. Layoffs happen across a number of industries for a number of reasons. If you’ve ever been laid off, you might worry about how it could affect your ability to secure your next job. Read about our four biggest tips on how to handle a lay-off in...

June 2017

Why you should hire overqualified candidates

Above and Beyond: 5 Reasons You Should Hire Overqualified Candidates

With the unemployment rate at 4.3% in May 2017, the current economic situation is forcing many employees to apply for positions that don’t match their skills and salary level. Yet employers in practically every industry are having difficulty finding candidates to fill open positions. The number of open jobs as reported by the Bureau of Labor and Statistics hit a record high of 6 million on the last business day of April. There is a general imbalance in candidate...

February 2016

Top 5 Reasons Why Candidates Reject Offers

44% of job offer rejections occur because the candidate has already accepted another job (ERE Media). In this candidate-driven market, competition for top talent is fierce. Top candidates are often placed in 10 days or less. Here are the answers to why most candidates would reject an offer: The company takes too long to make an offer Submitting an offer to a candidate 3 to 4 weeks after the first interview increase the company’s chances of an offer turn down by...

January 2016

5 Benefits of Hiring Referrals

1) People who are referred to your company stay longer. According to theundercoverrecruiter.com, on average 47% of referred employees stay longer than 3 years at a company compared to 14% of employees placed through a job board. Referred employees most likely know someone else within the company who is able to introduce them to the company and help build relationships. 2) Referrals are less expensive to hire. Less money spent on job boards, advertising, and the hiring process. Spending $500- $2500 to...

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