Happy Friday! Take a look at this week’s must read articles for recruiters, hiring managers and everyone in between:
5 Things the Better.com CEO Did Wrong When He Fired 900 People–Over Zoom (Read @ Inc.)
Not every business is booming, so it’s no shock that a company would have to lay off a significant portion of its workforce. Better.com CEO Vishal Garg recently announced a layoff of about 9 percent of his company’s workforce, which amounted to around 900 people. Having not seen the company books, I can only assume that this is the right financial decision. But how he handled it is all wrong.
LinkedIn’s 5 Talent Predictions for 2022 (Read @ LinkedIn)
Talent professionals are typically ahead of the curve when it comes to workforce trends, but no one could have predicted the tectonic changes we’ve all experienced since the start of 2020.
Workers have so much leverage in this job market, they’re ghosting employers (Read @ CNN Business)
Home health provider Interim HealthCare of the Upstate currently has 51 open positions it’s looking to fill. Since September, 17 candidates have canceled their interviews and 20 didn’t even show up. Recruitment and retention tends to be difficult in the home health care industry, but it’s been even tougher over the last several months.
New Checklist Feature Available in iRecruit
iRecruit just dropped a brand new checklist feature for customers to use. Need to make sure your recruiters and/or hiring managers are following specific steps so that nothing is missed? Add a checklist! Or do you need a checklist for onboarding new hires?
2022 State Minimum Wage Increases Map (Read @ HR Daily Advisor)
Under the Fair Labor Standards Act (FLSA), the current federal minimum wage is $7.25 per hour, but the FLSA does not supersede any state or local laws that are more favorable to employees. Therefore, if a state or municipality has a minimum wage that is higher than the federal minimum, employers subject to the state or local minimum wage law are obligated to pay the higher rate to employees working there.
A Tailored Approach to Hiring Boomerang Candidates (Read @ ERE)
A study of 31,000 employees who returned to their former employers found that boomerangs often underperform their non-alum peers. At the same time, more and more companies from a growing range of industries have added ex-employees to their talent-management programs. It’s therefore critical for recruiters to take a tailored approach when engaging with boomerang candidates.
Why the ‘stay interview’ is the next big trend of the Great Resignation (Read @ CNBC)
Businesses are on a hiring spree during the Great Resignation of 2021, with many throwing out signing bonuses, lowering their standard qualifications, tapping boomerang employees and taking a harder look at their “enthusiastic stayers.”
Job openings hover near all-time highs as Great Resignation shows little sign of easing (Read @ USA Today)
Job openings in the U.S. approached record levels in October while the number of people quitting eased off its record pace but remained historically high, the Labor Department said Wednesday.
Verified First Named Top Pre-employment Screening Leader on HRO Today’s 2021 Baker’s Dozen List
We are so excited to announce that Verified First made the 2021 HRO Today Baker’s Dozen List for best Overall Midsize Program Pre-employment Screening Leaders!
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