Happy Friday! Take a look at the latest recruiting news that popped on our newsfeed this week:
Seasonal Hiring: The Work Opportunity Tax Credit
Last week we posted about Project Planning For Seasonal Hiring. One thing to consider if you are getting ready for seasonal hiring is the Work Opportunity Tax Credit. Whether you are hiring 10 employees or 100 employees (or more) your company may be eligible for employment tax credits via the Work Opportunity Tax Credit (WOTC).
Unemployment is at its lowest level in nearly 50 years, new jobs report shows (Read @ NBC News)
The economy continues its nine-year expansion, with an unemployment rate now at 3.7 percent, the lowest since 1969, according to data released Friday by the Department of Labor. However, the average monthly jobs total disappointed, with a gain of just 134,000 for September — the lowest monthly total so far in 2018, according to the employment report from the Bureau of Labor Statistics.
Watch Amazon warehouse employees go wild as news breaks of the company’s new $15 minimum wage (Read @ Business Insider)
Amazon said on Tuesday that it would raise its minimum wage to $15 an hour for all US workers starting November 1. The change will affect more than 250,000 Amazon employees, including part-time workers and those hired through temp agencies, the company said.
Recruiting Candidates Who Put Money First May Result in Early Turnover (Read @ ERE)
Do you work in an organization where increasing an employee’s pay for retention purposes isn’t a realistic option? Whenever you hire someone who is driven by money, you are setting yourself up for future turnover failure. Money-focused hires are likely to immediately quit when they are offered even slightly more money from another firm. Salary is the No. 1 reason why employees change jobs, according to a recent Glassdoor survey of hiring decision-makers (it was cited by 45 percent, and the next factor was advancement at 32 percent).
Employer Branding: Five Experts Explain How to Stand Out From the Competition (Read @ Indeed)
If you look at the array of solutions available to employers today, then it would seem that it’s never been easier for employee-experience storytellers to get your employer brand out there. With easy access to video, multiple social media channels, sophisticated third-party review sites, live events and employee advocacy, well — there are just so many ways to get your story in front of potential candidates.
Time to Face Facts: The Purple Unicorn Doesn’t Exist (Read @ Recruiter.com)
Dear Hiring Manager, You’re amazing. You’re the gatekeeper to new jobs, the person who will help a new hire settle in and, later on, progress in their career. But we need to talk. For you, the last 18 years were pretty great. Unemployment was high, and you were able to be picky. You could create a long wish list for your open jobs, and a perfect candidate would appear. They might even take less money than market value. You didn’t have to bother about relocation: They were so happy to have a job, they’d move themselves. Forget about signing bonuses or extra vacation days. Those things were so 1999.
This Spotify Recruiter Turned a Job Offer Into a Playlist—and the Candidate Loved It (Read @ LinkedIn)
Making an offer to an amazing candidate is already one of the best parts of being a recruiter —everyone loves to be the bearer of great news. But a recruiter at music streaming giant Spotify recently found a creative way to make offers even more fun—by sending the offer in the form of a playlist.
How to Maintain a Good Candidate Experience During Seasonal Hiring (Read @ HR Dive)
As the holiday hiring push begins, the competition promises to be fierce. With consumer confidence at its highest level in 18 years, the busy shopping season will put the crunch on retailers and retailers who aren’t able to meet staffing goals. And hiring expectations are high: a recent recent study from Challenger, Grey & Christmas conservatively places seasonal hiring numbers at over 400,000 for this year so far.