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Recruiting is changing at a rapid pace. Some organizations are abandoning traditional methods for social media; some think software can do a better job than people.
In today’s fiercely competitive job market, the quest for talent has evolved into a strategic battlefield for organizations across industries. Amid this intense competition, a hidden facet of the job market has gained prominence: the enigmatic realm known as the “hidden job market.” As studies reveal, a significant portion of job opportunities remain concealed from […]
In a previous post, we discussed degree inflation and how it often prevents employers from finding qualified applicants. In this post, we’ll delve deeper into the background and history of degree inflation. Defining Degree Inflation Degree inflation, at its core, is the escalating demand for formal educational qualifications for jobs that traditionally haven’t required them. […]
The state of the job market has left businesses in dire need of more employees, with the U.S. Bureau of Labor Statistics reporting there were 10.8 million job openings in 2023, but only 5.7 million people were unemployed. Yet, business leaders continue to overlook individuals from underrepresented populations despite the fact that they could solve […]
Many can relate to finding their dream job online but, after scrolling through the job description, discovering they lack a required qualification. It could be years of experience, type of experience, certification, licensure, or education, for example. The Barrier of Education Requirements For more than 100 million American workers without a college degree, a degree […]
In the current economic landscape, where unemployment rates are at their lowest in decades, an intriguing paradox has emerged, and we’re experiencing an unexpected trend: Employees are staying put. Employees across industries are choosing to remain in their jobs, not out of a profound love for their work or unwavering loyalty to their employers but […]
The labor market has always been a reflection of broader economic trends. Recent hiring data paints a picture of a paradox: While hiring has shown signs of slowing down, the labor market remains robust. This resilience, despite various economic challenges, offers a fascinating insight into the evolving dynamics of the U.S. job market. The Current […]
From operating an oil rig in the middle of the ocean to active shooter drills, much of the cost, complexity, and danger in training can be reduced or eliminated by incorporating virtual reality (VR) technology. Traditional training methods require classrooms with paid instructors, equipment, learning tools, and occasionally travel expenses. Most companies simply don’t have […]
It seems like artificial intelligence (AI) is all over the news these days. ChatGPT seemed to take the world by storm in 2023, and there’s no indication that the AI craze is going to loosen up any time soon. In fact, it seems clear that AI is only going to become more and more relevant […]
There are numerous estimates concerning the actual cost of a bad hire. These estimates range from 3 months’ salary to 3 times the annual salary of the position. While generic estimates provide a starting point, they only go so far. To truly showcase the value of the talent acquisition department—and to illustrate how much it […]
In today’s interconnected world, traditional workforce concepts are rapidly changing. Some might even argue they have all but evaporated. As technology advances and communication barriers diminish, companies increasingly are tapping into the global talent pool to fuel growth, expand reach, and cut costs. This paradigm shift, which began a decade ago but accelerated with the […]