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Lessons from the Staffing Industry Crash of 2002

Staffing Talk

Fortunately, we have the staffing crash of 2002 to learn from. In 2002, when all seemed hopeless, the bigger staffing companies stumbled badly. If the stock market is any indication - and it is - the staffing industry is in for some tough times in 2008. I'm getting calls from friends in places like Dubai and France asking how bad it's going to get. The Hang Seng is down more than 8% today alone, and the staffing stocks in the U.S.

Using Corporate Branding concepts and terms in your Employer Branding efforts

Recruiting Daily

When I began in Employer Branding in 2002, we thought about Employer Branding as an “add-on” to […].

CareerBuilder Gets Slapped With Lawsuit Alleging Sexual Harassment, Discrimination, and Bullying


Reported in Crain’s Chicago Business on June 13, Lori McInerney, a former marketing director who started with CareerBuilder in 2002, has filed a lawsuit against her former employer. McInerney was promoted eight times during her time there without a single poor performance review, the lawsuit says. She served as regional sales director, director of strategic initiatives, and director of marke ting during her tenure. Legal - Compliance & Policies Featured

13 Signs of Inefficient Recruiting

02 Your Careers Page Looks Like It Was Built Circa 2002. 03 Your Job Applicants Have to Apply Like It’s 2002. Your Careers Page Looks Like It Was Built Circa 2002. Your Job Applicants Have to Apply Like It’s 2002. Your Job Applicants Have to Apply Like It’s 2002.

The Critical First 100 Days of an Employment Branding Program

Recruiting Daily

I began my career in Employment Branding in way back 2002.

Should You Hire a Job Hopper?

The Hire Talent

years in 2002. Job hopping may not be as prevalent (or even undesirable a thing) as it first appears. According to the Bureau of Labor, U.S. workers boasted average job tenure of 4.6 years in 2014, a figure that has remained relatively unchanged since 2012, and has grown from an average of 3.7 Sticking with. Read More. The post Should You Hire a Job Hopper? appeared first on The HIRE Talent.

Concerned about Retention? The Potential for a Resume Tsunami


In February of 2002, in the middle of the recession that […]. I’m so excited about a report we published today: Calculating the True Cost of Voluntary Turnover: The Surprising ROI of Retention. I’ve been wanting to write this report since I joined Bersin in 2013, but my study of retention began many years before then. Engagement HR Strategy & Benchmarking Sourcing & Recruiting Talent Strategy Workforce Planning

Articulate Gartner Guy Says IT Crash Around the Corner

Staffing Talk

Most of my peers with IT companies say the same thing: business may be down but it's not like the crash of 2002. This Gartner consultant says that the crash is around the corner, it's just taking longer because its origins are in banking and credit and not in IT like in 2002.

Can You Hear Me Now? Hiring a Competitor’s Star or Day-Old Bread?

Fistful of Talent

He told me: “Sprint’s using our 2002 spokesman because they’re finally catching up to Verizon’s 2002 network.” In the Talent Acquisition world, hiring a big name player from a competitor can be a huge “get,” or it can backfire. “What do you mean, RJ? I thought hiring stars was what we want.” ” My answer is sometimes. Two examples from the press recently show how different scenarios play out. First, the good hire.

Why smarter machines call for smarter HR


Kahneman and collaborator Amos Tversky were awarded the 2002 Nobel Prize in Economic Sciences—even though both were trained as psychologists. 3 “The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2002,” NobelPrize.org, October 9, 2002, [link].

Key Takeaways from the 2018 Anytime Fitness Conference


The success of Anytime Fitness is a clear example of the industry’s growth, as it was founded in 2002 and has already expanded to more than 4,200 locations in more than 30 countries.

Podcast: Anytime Fitness Co-Founder and CEO Talks Loving Work


Chuck and his business partner founded Anytime Fitness in 2002 and since then the franchise has grown to more than 3,000 locations in over 30 countries. Note: This post includes an excerpt from our sister site, The Best Team Wins.

Global Recruiting Survey: 5 Key Takeaways To Prepare you for 2018

Social Talent

The Basics: Recruiters surveyed: 2002. If you’re new to the SocialTalent Global Recruiting Survey let’s start from the beginning. Every year we spread our survey far and wide to reach as many recruiters from all over the world as possible.

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Exclusive Content Now Available on The Social Talent Platform!

Social Talent

Founded in 2002, Vlastelica’s main goal was to help recruiters and hiring managers learn how to recruit the best talent.

Energy 101

Absolutely No ####### One Grows Up Dreaming of a Career In HR

Fistful of Talent

Single from Boys Don’t Cry (2002). “The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle.”. Steve Jobs. “I I Wanna Be a Cowboy”. Grand Theft Auto, Vice City Soundtrack.

LinkedIn Acquires the Employee Engagement Platform and Announces Overhaul of Recruiting Tools – All in One Week!


Founded in 2002 LinkedIn, the world’s largest business networking site has acquired a total of 21 companies in its assent to eminence. The social network, now under the wing of Microsoft, continues to acquire startups, and expand its offering. Why build it if you can buy it?

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Employee Satisfaction at All-time Highs…Yet Retention is at Risk

NPA Worldwide

The Society for Human Resource Management has been surveying employee satisfaction since 2002. The results of that survey in 2015 showed job satisfaction is at an all-time high.

TIP TUESDAY: Why Your Vote Matters

The Hire Solution

2002: A tie for a county commissioner seat in Nevada was determined by drawing the highest card. 2002: A GOP state House primary in Washington state was determined by one vote out of more than 11,000 cast. 2002: A Connecticut state House seat was determined by one vote out of more than 6,400 cast. {excerpted from an article on NPR online }. Back in 1942, many American voters had a good reason not to vote — they were fighting in World War II.

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By the Numbers: November 24, 2017


Per a report from Brookings: Between 2002 and 2016: jobs requiring low-level digital skills dropped by 26% to a level of 30%, jobs requiring mid-level digital skills rose 8% to a level of 48%, and jobs requiring high-level digital skills rose 18% to a level of 23% of roles with that requirement.

Judging SEEK’s New Recruitment Awards

The Whiteboard

Then SEEK announced this week that this year, for the first time since 2002, the format of the Awards would be changing. Thank you SEEK. It feels strange writing that.

7 Great Pieces of Leadership Advice From Oscar Speeches

The Hiring Site

And it’s for every nameless, faceless woman of color that now has a chance because this door tonight has been opened.” — Halle Berry, Actress in a Leading Role, 2002.

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Conducting Better Interviews with Value-Based Intuition

Recruiting Daily Advisor

His career in executive placement began in 1994, and in 2002, he became a certified life coach with the Coaches Training Institute.

How to Listen for Chemistry in an Interview

Recruiting Daily Advisor

His career in executive placement began in 1994, and in 2002, he became a certified life coach with the Coaches Training Institute. A candidate I was working with recently interviewed for a chief strategy director position with a rapidly growing independent advertising agency.

7 Twitter Accounts Every Recruiter Should Start Following in 2017

Social Talent

He set up his company, Recruiting Toolbox , back in 2002 to help other companies improve their in-house recruiting capabilities, and is currently the Managing Director. Start your 2017 the right way by following some great people on Twitter and adding their knowledge to your daily feed.

The Most Unusual Corporate Vacation Policies: Innovative or Insane?

The Hiring Site

In fact, Branson was inspired by Netflix , who has been offering unlimited vacation since 2002, choosing instead to focus “on what people get done, not on how many hours or days worked.”

5 Ways Behavioral Economics Can Help Transform Your Company Culture

Breezy HR

Put decisions in context In 2002, behavioral economists Daniel Kahneman and Amos Tversky created the ‘Prospect Theory’ (which, btw, was awarded the Nobel Prize in Economics that same year). Want to make a change? A little behavioral econ knowledge can definitely help.

For Ninth Year, Robert Half Helps Disadvantaged Workers Dress For Success

Staffing Talk

The suit drive is based on a pilot program introduced by Robert Half International President Rita Steel and has collected more than 170,000 pieces of clothing donated by Robert Half clients, candidates and employees since 2002.

STOCKHOLM SYNDROME: When Direct Reports In Remote Offices Think You’re The Problem

Fistful of Talent

It has received considerable media publicity in recent years because it has been used to explain the behavior of such well-known kidnapping victims as Patty Hearst (1974) and Elizabeth Smart (2002). Gather round the campfire, kids, because I’m here today to break down an OD issue that’s currently kicking your organization in the @#@ if you have multiple locations and a martixed organization. Two words: Stockholm Syndrome. What’s that, you ask?

Staffing News Of The Day, September 14, 2012

Staffing Talk

Group Health Insurance Premiums Up 97% Since 2002. Recruiters Guide to Hiring Mobile App Developers. Stafflink]. Roles in the Professional-Managerial and Technical-IT job sectors are command­ing higher rates. IQNtelligence]. On Assignment Prices Secondary Offering Of 5.17

Hey Business Week, Recruiting Is Doing Just Fine, Thank You

Staffing Talk

Further, you can trace the fall of HSII not to some macroeconomic or societal trend, but instead back to its scorched earth cost cutting back in 2001 and 2002.

Is ‘gamification’ the answer to your recruitment woes?


As long ago as 2002, the U.S. Good online recruitment software may incorporate many useful features – from applicant tracking to talent pools – but what if that software took the form of an actual game?

Hiring Outside of the Box


According to an Entrepreneur article on Muderick’s hiring practices , “In 2002, with a staff of six workers and a supervisor, Crazy Aaron’s had a production yield of 200 units per batch. We believe that one of most exciting things about business is the opportunity to sculpt a culture.

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The Number One Job Hunting Book In The World

Jim Stroud

In 2002 and 2008 the world was in a recession. The Number One Job Hunting Book In The World ! The Number One Job Hunting Book In the World” is for the unemployed, unhappily-employed and the under-employed people who are frustrated with their job search and want to try something different but, do not know what. Despite that fact, the author was able to secure work relatively quickly using the ideas and strategies outlined in “The Number One Job Hunting Book in the World.”.

Take a Vacation. Seriously.


Whereas Netflix has had an unlimited vacation policy since 2002, Virgin Mobile recently implemented a sky’s-the-limit vacation policy, as did Groupon and Survey Monkey among others. Ahh, sweet summertime: the season of relaxing on a warm beach, visiting family and friends, and taking spontaneous road trips. Well…not exactly. For many working professionals in the United States, the sunny season is enjoyed by looking out the window from their cubicle.

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History's Most Trusted Advisors – Management Consultants and Y2K

Recruiting Blogs

The dot-com crash – a two-year market downturn that eviscerated more than $5 trillion in market value between March 2000 and October 2002 – resulted in severe consequences for clients and, therefore, their consultants. Compensation Data Facts - What's What in Compensation. DID YOU KNOW? .

Who Wants to Work for a High Flying Start Up Now?

Staffing Talk

It’s not fun to be an employee when priority #1 is to cut payroll and eliminate every possible expense (hello 2002 and 2008). I’ve been following the story of Box and its charismatic leader, Aaron Levie, for quite some time, and one of the more popular stories here on Staffing Talk has been the Levie-inspired Follow This Rule to Create a Great Staffing Company.

Taleo Settles With The TSA For A Cool $6.5 Million

Staffing Talk

According to Media Newswire, in 2002 Taleo was hired to provide supporting software by subcontracting with CPS Human Resource Services , which in turn was contracting with TSA. Take caution when you try to screw with government HR. It could cost you $6.5 million.

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Glossary of IT terms for Tech Recruiters


Microsoft launched VB.NET in 2002 as the successor to its original Visual Basic language. NET]” is used to refer to all Visual Basic languages releases since 2002 in order to distinguish between them and the classic Visual Basic.

Time to reboot the gamification of recruitment


The free game, which was designed as a way of hooking interested future candidates, spent six years from its release in 2002 among the 10 most popular games in the world. It’s safe to assume that Casey Wardynski didn’t foresee the scale of what he was starting back in 1999.