Compensation Tips for Hiring in a Candidate Drought
Hiring for open positions today is harder than ever. The unemployment rate is at a historic low and there are more open positions than there are job seekers, according to the Labor Department. This shift of power creates a lot of opportunity for employees and candidates. They’re often either well-compensated
Use Branding to Attract Talent in a Candidate Drought
Do you know how candidates view your company? Are your job descriptions enticing? What do candidates see when they research your website, social media, and company reviews? In today’s low unemployment market, how a potential candidate perceives your company is more important than ever. Factors like a poorly written job
Evaluate Differently in a Candidate Drought
It’s no secret that we’re in a candidate-centered employment market. The unemployment rate has been steadily dropping since 2010 and the current National unemployment rate is less than 4 percent. While low unemployment can be beneficial for candidates and employees, it presents new challenges for employers who are recruiting top
Living in a Candidate Drought – The Employee Perspective
The U.S. labor market has undergone significant changes in recent years. Most considerable, the unemployment rate is currently under 4 percent, the lowest it’s been in 17 years. And the shifting market has also created a demand for jobs requiring higher-level social and analytical skills, resulting in a widening skills
Living in a Candidate Drought – The Employer Perspective
Have you noticed that it’s taking an unusually long time to fill an open position at your company? Or has one of your star performers accepted a position with a competitor that included a hefty salary increase? That’s because we are in a candidate drought. Companies are struggling to find
The Candidate Drought – How to Adapt Your Recruiting Efforts
If you’re looking to hire top candidates right now, I don’t have to tell you that top talent is scarce. With an unemployment rate of under 4% and 6 million jobs left unfilled, it’s hard not to feel the effects of this candidate drought. Back in 2010, the unemployment rate