Most hiring managers and HR professionals acknowledge the ongoing talent scarcity that we all face, and the detrimental effect that can have on productivity, innovation, and overall competitiveness. In response to this challenge, organizations need to take a strategic approach to workforce planning, centered around...
Companies are increasingly using Artificial Intelligence (AI) to help with their hiring processes, particularly in recruiting. Some AI-systems can analyze resumes and applications to identify candidates whose skills or experience match the job requirements. Other AI tools search through online platforms such as LinkedIn or...
The US economy continues to grow (2.4% annual rate in the second quarter). Consumers keep spending despite rising interest rates, which goes hand-in-hand with a healthy job market. The US unemployment rate (3.5%) is near the 50-year low and employers are still adding hundreds of...
US employers added 209,000 jobs in June, only a small drop in hiring from May's larger-than-expected increase of 339,000 jobs, keeping the unemployment rate at 3.6 percent. One of the biggest challenges companies face when hiring is finding rock stars. Hiring is easier when we...
Business owners, executives and leaders must have a clear plan of action in order to achieve their goals (sales goals, customer service goals, product development goals, etc.). However, what often gets left out of that strategic plan is a detailed “people” plan. Do you have...
The top two biggest concerns I’m hearing from clients are 1) hiring people in a time with a smaller workforce participation rate, (It was 66.7% in Jan 2002, down to 62.4% Jan 2023) and 2) keeping people. Remember, people “fire a boss”. Don’t let your...
I'm sure you've read that 4.27 million people, or 2.9% of the workforce, quit their job in August 2021. This is the highest number on record going back to 2000, and it's exacerbating the problem employers are having hiring. Remember that hiring and retaining top...
The human brain can process 11 million bits of information every second. But our conscious minds can handle only 40 to 50 bits of information a second. So our brains sometimes take cognitive shortcuts that can lead to unconscious or implicit bias, with serious consequences...
Here's a great article from one of my strategic partner firms, APS. Christian Valiulis, CRO at APS, is a member of the Forbes Business Development Council who recently shared these tips on hiring and best managing high performing teams....
Having the wrong person in any job is an expensive business problem given that most employers are not paying people to coast through their workday, playing on their phones and basically not doing their jobs. That’s the difference between doing the bare minimum to get...
