I am constantly inspired by the ingenuity of the business community. As more than 20 million Americans find themselves out of work, employers are going through a similar level of angst. One company needs to lay off or furlough thousands of restaurant, retail, or airline workers, while another needs to hire thousands of people ... Read more»
Category: Sourcing and Recruiting
For years leaders have grown their companies by issuing the demand “go out and hire someone who knows how to do this!” This approach leads HR departments and hiring managers to retain expensive recruiting firms, spend millions of dollars on recruitment advertising, and often hire expensive sourcers to try to “steal” great talent from competitors.... Read more»
One of the most important things companies do is hire people, and it’s still a bit of a black art. Most companies look at candidates job history, they call references, they give them tests, and they bring them in for interviews. And despite all this effort, HR leaders tell me they still make mistakes as ... Read more»
There’s nothing that excites a CEO or CHRO more than being listed on a “Best Place to Work” list. These lists, which are being published by more companies every year, seem to have something for everyone. This week I noticed that Facebook was the #1 rated company by Indeed, Salesforce was the #1 company ... Read more»
This economic cycle is really setting records. We’ve had almost ten years of US economic growth, the unemployment rate is at a 30 year low (it is expected to go lower), and every few days I hear someone in the administration bragging about how well the economy is performing.
I’ve lived through five major economic ... Read more»
Have you ever looked for a job? Of course you have. It’s a daunting process, and one which Google hopes to make easier than ever.
One of the most challenging problems in business is matching the right person to the right job, and this goes on all the time.
We just completed a detailed analysis of Glassdoor data among more than 6,000 companies and 2.2 million employees and I wanted to share a few important findings. If you consider “Would you recommend your company as a place to work?” as a NetPromoter question from all these employees, by far the biggest work factor related ... Read more»
This week I attended three client conferences – SuccessFactors Successconnect, the Achievers Customer Experience, and the Glassdoor Employment Brand Summit. All three of these companies are introducing amazingly powerful new offerings, so in this article I’ll highlight some of them – with full knowledge that a barrage of announcements will becoming at ... Read more»
I just finished two weeks in Europe and attended the iRecruit Conference in Amsterdam. In addition to talking with many talent acquisition leaders and vendors, we previewed the findings of our upcoming High-Impact Talent Acquisition research which I will highlight below.
1. Social tools and “talent networks” are a hot topic.
With the ... Read more»
Another amazing quarter from LinkedIn: revenues of $188.5 Million, up 101%, with the “hiring solutions” business now driving $102.6 Million or 54% of company revenue. LinkedIn’s revenues in the corporate recruiting market are now larger than Taleo, SuccessFactors, Kenexa, and nearly every other software company which sells recruiting solutions.
Let me highlight some of the ... Read more»
Last week LinkedIn reported amazing financials (stock jumped almost 20% in one day). The company reported 105% YTY growth in quarterly revenues to $167.7 Million, putting the company on a 2012 plan of $860 Million.
But the real story is the huge jump in revenues from LinkedIn’s recruiting services (“Hiring Solutions”). Revenues in this segment ... Read more»