Currently, the global cognitive assessment and training market is anticipated to grow at a compound annual growth rate (CAGR) of 32.39% from 2018–2022. So, it’s becoming apparent that many organizations spanning many industries are beginning to see the value of cognitive assessments and how cost-effective they are, especially when recruiting and onboarding new hires.
Onboarding can either shepherd a new employee into a company, or the lack of onboarding can throw them into a pit. Training your hiring managers on quality onboarding techniques makes all the difference for engagement, retention, and your bottom line.
In a previous post, we discussed some of the challenges inherent in traditional methods of employee assessment, specifically the fact that review of résumés and in-person interviews tend to focus too much on the objective skills of the employee rather than the subjective needs of the organization.
Hiring new employees is expensive. Not only are time and resources spent during the actual search—job postings, interviews, etc.—but also onboarding staff takes time and resources. And, if the new hire doesn’t work out, the costs of turnover also become a factor.
Continuing from yesterday’s post, here are four additional things that you and your organization should do when hiring individuals with disabilities.
In 2017, less than 19% of Americans with a disability were employed. However, with the existing low rates of national unemployment and a job market that’s favorable to jobseekers, more organizations are starting to hire individuals with disabilities. And if your organization is one of them, here are seven things you should do.
Onboarding is both a necessary and an important part of the employee recruitment and development process. New hires need to not only fill in any potential gaps in their industry experience but also learn the specific expectations, policies, and practices of their new company.
The U.S. unemployment rate continues to edge down after months of impressive job growth, and nearly 90% of companies are either actively hiring or in retention mode. However, job cuts remain a reality for many American businesses. Industries currently leading the United States in the greatest number of job cuts for 2018 include retail (76K), […]
Your company just spent the entire summer preparing interns for the real world of work by teaching them institutional knowledge and showing them how your company goes about doing business. Instead of wasting your time with job ads and social media searches, employers and L&D professionals would be wise to tap into this newly minted […]
In a previous post, we discussed the high cost of turnover and recruitment and the need for businesses to make sound and lasting hiring decisions when possible to keep these costs to a minimum.
Finding the right employee can be extremely difficult, particularly in an economy with a historically low unemployment rate, when potential employees can often pick and choose between a number of labor-starved employers. Not only is it difficult—it’s expensive.