Generation Y technology talent magnets like Google, Apple, and Facebook are seen to be scooping up the best of the best, without even apparently trying that hard.
We hear leaders howling, “We can’t beat these guys at attracting and keeping the best talent. They’re threatening our growth. They’re undermining our strategy.”
What can a company that is counting on accelerating growth do against those deep-pocketed competitors? What ways work in appealing to the Generation Y workforce? Is there a way to redefine the battle on your terms to reach Generation Y (those born between 1977 and 2002; also known as Millennials). Read more…
When accounting for the costs (both real costs, such as time taken to select and recruit a replacement, and also opportunity costs, such as lost productivity), the cost of employee turnover to for-profit organizations has been estimated to be up to 150 percent of the employees’ compensation package.
Can you afford that?
The U.S. economy is slowly improving. This is a good thing for companies and job seekers alike, though it’s also positive news for employees – employees who may have felt over worked and under-appreciated during the downturn.
Should you be concerned about retention and loss of employees? Read more…
I have a feeling I’m about to preach to the choir.
I can’t tell you how many conversations I’ve had lately with hiring managers who just don’t get it! (I hear you saying “What do you mean “lately” – did hiring managers “ever” get it?) The recession has made our job very hard – today – especially if you are currently trying to hire anyone with technical skills (engineers, designers, IT professionals, scientists, etc.).
During the recession we had candidates coming out of our ears! Today, it seems like almost overnight, technical jobs across the country have turned on like a fire hose.
Everywhere companies are trying to find technical talent, in all industries, all at the same time. Remember that Baby Boomer tsunami of retirements we were suppose to see? This feels like the first waves are hitting the shore in terms of technical hiring! Read more…
You have heard this many times, I’m sure, but it never hurts to hear it again: job referrals are the best source of job candidates and new hires.
I’ve heard people like my friend Gerry Crispin and his partner Mark Mehler talk about this a lot, and you probably have too, but online recruiting platform Jobvite has just published its Jobvite Index 2012: Employee Referrals. The numbers, which analyze employee referral activity amongst Jobvite‘s 600-plus customers, shouldn’t be surprising, but they do help reinforce what we know about the value of job referrals.
Here are some of the highlights: Read more…
“I knew enough to allow them to handle their own culture, headquarters and management,” said Paul Murry, CEO of Calvin Klein, a PVH Corp. company.
In 2003, PVH bought Calvin Klein when sales were $2.8 billion. Last year, the numbers ended with sales at $7.6 billion.
That statement alone tells why M&A must have a people component. According to a KPMG research study, 83 percent of all mergers fail. Hell, even the divorce rate in the U.S. is about 50 percent and that has nowhere near the impact both financially and personally that failure a M&A will extract if not successful. Read more…
An interesting book that was quite popular in America in the late 1980s was All I Really Needed to Know I Learned in Kindergarten.
The book was a collection of musings, including the title piece, which gave referenced key life lessons such as: “play fair,” “don’t hit people,” and “clean up your own mess.”
I often think we forget these major life lessons we learned when we were young when we enter the world of business. And that is unfortunate, indeed. What would be the Management 101 equivalent?
Perhaps these two lessons we should have learned in Management 101: Read more…
If you think about it, a presidential election is little more than a long, intense, and extremely personal interview. It’s where the people of the United States hire their next national leader.
Here’s what choosing the next president can teach us about choosing your next hire.
Consistency is never a bad quality
- Oval Office: To win the White House, a candidate has to be consistently performing – delivering wins in primaries, debates, and speeches – over the entire 1+ year election cycle. Even one moderate gaffe can derail a campaign. Read more…
Lately, a lot has been written about the trick questions sometimes used in the interview process. So, let’s have a little fun today.
Try your luck on the following questions:
1. How do you put a giraffe into a refrigerator?
Stop and think about it and decide on your answer before you scroll down. Read more…
Employee engagement is big business.
In fact, the recent research done by the Society for Human Resources Management and reported on here at TLNT revealed that employee engagement is the number one concern among HR professionals. Clearly, we have become convinced that employee engagement should be a primary outcome of our management and leadership practices at our organizations.
When you ask most of the experts to define employee engagement, some part of the definition will include the application of discretionary effort by the employee. Translated to normal language, that means that employees are so into their jobs that they are willing to go above and beyond the call of duty on a regular basis. Read more…
“What time did you get in last night,” I asked my daughter.
“Around 3 am,” she answered. It was now 5:45 am and I was leaving the house. As I walked downstairs from her room, I shook my head in wonderment. My question was this: how can you continue working people all these hours?
Everyone has a breaking point. Read more…
“Please Join: http://groups.yahoo.com/group/EmpoweringPeoplePower http://www.linkedin.com/groups/Whizible-Advance-Service-Management-Beyond-4082706”
— Sajal Ghosh on Hitting a Home Run in Talent Management: The Key is HR Analytics, 49 minutes ago
“Great advice on how to do networking correctly. thank you.”
— Exec Career Svcs on Authentic Networking: How You Can Build Your Extra “Team”, 2 days ago
“I like this. I see discussions on LinkedIn from time to time saying that Texas ranks #1 in creating jobs. What . . . ”
— Jacque Vilet on Weekly Wrap: Does it Every Pay For Someone to Fib on a Resume?, 2 days ago
“agreed”
— Carol Schultz on When You Reward, Make It About the Employee – Not the Employer, 2 days ago
“agreed”
— Carol Schultz on When You Reward, Make It About the Employee – Not the Employer, 2 days ago