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To Attract Mid-Career Candidates, Financial Services Companies Must Think Outside the Box

Eightfold

Hiring remains a challenge in the financial services industry. According to the Bureau of Labor Statistics , unemployment in financial services stands at 2.2 One way to implement these insights is to develop formalized assessments for both existing staff and incoming candidates.

Building Your Company’s Culture

NextWave Hire

Culture comes from the top. In fact, when we heard the term “Chief Culture Officers” we immediately thought how apt this was to describe anyone in a leadership position within a company. In this interview, Jared Lafitte he tells us about his theory on culture, and why the leaders in organizations need to act like Chief Culture Officers. I also write regularly for a variety of publications on leadership and culture. What are the benefits?

The problem with hiring for ‘culture fit’

Workable

Culture fit is trending again—but not in a good way. In the 70s, organizational psychologist John Morse conducted an experiment on company culture fit and found that workers whose personalities matched their jobs felt more confident about their job performance. In the 90s, hiring for culture fit hit the mainstream. Today, the concept of corporate culture fit has been flipped on its head, as the public continues to scrutinize the lack of diversity in the tech industry.

The definitive guide to job interviews in the financial sector

Recruiting Blogs

Our definitive guide to interviews has been designed to assist you in your job search across the financial, accounting and legal sectors. Your personality is arguably your own individual culture. Employers use a wide range of techniques and strategies to assess potential employees.

Why a Candidate Says No to Your Job Offer

Recruiting Daily Advisor

With qualified candidates at a premium, employers must examine how they’re presenting themselves to the interviewee, in order to effectively assess candidates while creating a compelling and unique candidate experience. In a challenging labor market that saw the U.S.

Building Your Company's Culture

Recruiting Blogs

Culture comes from the top. In fact, when we heard the term "Chief Culture Officers" we immediately thought how apt this was to describe anyone in a leadership position within a company. In this interview, Jared Lafitte he tells us about his theory on culture, and why the leaders in organizations need to act like Chief Culture Officers. I also write regularly for a variety of publications on leadership and culture. What are the benefits?

Dispelling HR Police Mythology

Fistful of Talent

In practice, HR is not the police; and when done properly, HR is an organization’s most valuable tool in analyzing its culture and determining how to maintain high engagement, low turnover, and strong morale. HR is responsible for assessing an organization’s overall culture (i.e., Your HR team is responsible for assessing what’s working, what’s not working, and what needs to change in order to meet key business goals and objectives.

Hireology Named to Inc. Magazine’s Best Workplaces 2017

Hireology

The list is the result of a wide-ranging and comprehensive measurement of private American companies who have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits. Hireology is excited to announced our recognition as an Inc.

It’s All Good, Co.

SmartRecruiters

Hiring mistakes due to poor culture fit have huge financial and social implications. Our reports offer key candidate insights to sift, sort, and match candidates quickly for your roles, saving you time compared to other assessment providers. .

Gender inequality in the workplace: A lack of women in leadership

Workable

Every year, on March 8, the rights of women in education, equal pay and fair treatment at work are assessed worldwide. Benefit from the ripple effect. She also understands how her team can benefit from gender balance and knows where to look for new female team members.

Top priorities for HR due diligence in a corporate transaction

Bersin

For organizations involved in a corporate transaction, understanding the HR-related impacts and potential risks from a financial, people/culture, and operational/structural perspective is vitally important to maximizing transaction value. Financial priorities.

Laid Off Workers: How to Recruit This Overlooked Talent Pool

Recruiting Daily Advisor

Company culture is cited as the number one reason respondents said they wouldn’t accept a job offer. Completing a personality or skills assessment would help almost 25% of respondents feel more confident about succeeding if he or she was offered the job.

How Tech is Changing the Way We Manage Performance

ClearCompany Recruiting

I think stripping away the financial components [the compensation-related aspects of performance reviews] makes the 360 a much more useful tool. Hiring teams use Quality of Hire to evaluate the effectiveness of their recruiting and assessments of talent.

Recruiting Trends to Watch

NPA Worldwide

The report offers a comprehensive look into some of the changes recruiters can expect to see throughout the year, including cross-industry hires, diversity, college graduates, benefits, talent pipeline, and big data. Candidate Assessments. Customized Benefits.

4 best tech recruitment and employee retention strategies

Devskiller

In general, the most important thing a developer considers when assessing a job is compensation, according to Stack Overflow’s research. Build a great company culture. If you build a great company culture, you’ll be able to retain your current software developers and attract new ones.

Glassdoor Myth Busters: Setting the Record Straight

Glassdoor for Employers

When your digital or offline conversations revert to Glassdoor, are they buoyed by the platform’s benefits, or does skepticism prevail? If you are an employer assessing Glassdoor’s value, the following myth-busting points, compiled by the Glassdoor team, will help: 1.

What’s Missing in Your Talent Lifecycle?

ClearCompany Recruiting

If they aren’t defined and shared, a disjointed and contentious culture will quickly form. Without values, your company culture will be fuzzy and undefined, which means your hiring efforts and employee management strategy will lack foundation.

5 Recruiting Trends You Can’t Ignore

NPA Worldwide

Cultural diversity takes a broader and more holistic approach that can also include skills, professional experience, language, and more. It also doesn’t help assess soft skills, which are increasingly important.

“Turnover” a new leaf with your Employee Retention Rate

Bayard

The cost of losing an employee can go far beyond the direct financial expense of paid advertising. There is also the financial cost of the time it takes for members of your staff to screen, hire, onboard, train, and manage a new hire. Examine your company culture.

4 Trends That Hold The Key to Successful Recruitment in 2018 (LinkedIn Report)

Social Talent

Companies are prioritizing diversity for many reasons – the top two are to improve culture (78%) and to boost financial performance (62%). Key benefits of using AI for recruiters include saving time (67%), removing human bias (43%) and delivering the best candidate matches (31%).

The problem with employee wellness programs

Workable

The very idea of requiring employees to meet health benchmarks is a bit sick, and seems gimmicky at companies that need to address toxic workplace culture. Workplace health and wellness promotion incentives and programs include: Online health risk assessments.

8 Reasons Onboarding is Essential

Hireology

Or your benefits package. Over the past few weeks, we’ve explored the myriad reasons why, from financial savings to improved oversight and compliance outcomes. Onboarding Helps Maintain—and Enrich—Organizational Culture.

Three Ways Metrics Can Help Avoid Common Compliance Mistakes

Cornerstone On Demand - Talent Management

Too many firms treat compliance as a box-checking exercise, making employees sit through training to attest that they understand the rules, but failing to assess the effectiveness of their compliance programs, or doing so with faulty metrics," the HBR report states.

Create the Performance Management of Your Dreams with the Best of ClearCompany

ClearCompany Recruiting

To make this happen, performance management software helps the review process move smoothly by providing structured and anonymous assessments. Customizable Review and Assessment Scripts. One size does not fit all when it comes to assessment scripts. Company Culture.

Becoming Simply Irresistible: Growth opportunity

Bersin

Leading companies invest heavily in this time, because it establishes the ground rules for success and gives every employee a set of cultural values they carry into their career going forward. This is an important cultural topic to address. High-impact learning culture.

Best Technology for Employee Engagement and Evaluation

CakeHR

Because of the vast benefits of employee engagement, more and more companies heavily invest in it as part of their strategy. Some companies provide rewards and recognition to drive engagement while others have a comprehensive compensation and benefits plan. In line with this, modern organizations use different performance management techniques and processes to better assess and evaluate employee performance. Happy employees are productive employees.

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9 Tips – How to Hire Great Cafe Staff and Keep Them

Whoz Who

Cafes and coffee shops operate in a highly competitive environment, cafes are supported by Australia’s vibrant coffee culture and a strong demand for quality coffee. Yet the industry continues to use old assessment methods proved invalid to source and acquire their key differentiator people.

10 things successful recruiters know about Generation Z

JobAdder

For this generation, cultural fit matters, so expect them to ask as many questions about the workplace environment as would be asked of them. Assessments are a great way to bring out this competitive side while giving insights into their skills and approaches to work.

Legal Hiring in 2019: What Managers Need to Know

Recruiting Daily Advisor

Hiring is brisk throughout the legal field, but professionals with a background in financial services, health care, real estate, and technology are especially in demand, as are those who have worked in litigation or business/commercial law. Benefits Get an Upgrade.

Millennial Diversity Drives Success

Newton Software

In this article, we’ll be sharing why hiring millennials innately drives a more diverse and successful company culture. We’ll also detail the benefits of millennial diversity for organizations. Which helps to assess the candidate’s own open-mindedness.

Diversity and Inclusion Recruitment At RBC: An Interview With Vivian Li

Ideal

What are the unique strengths in financial institutions like RBC when it comes to diversity recruitment? A lot of our female clients prefer to work with a female financial account manager or financial planner.

Make Them an Offer They Can’t Refuse

SmartRecruiters

Before moving forward, recruiters should have a solid grasp of the following information: The company’s preferred start date and salary range for the position (including bonuses, benefits, and company perks). The candidate’s requested compensation, desired start date, and most recent compensation (including bonuses, commissions, and benefits). Health benefits. Other benefits. Losing candidates at the offer stage can destroy a recruiter’s confidence.

Scotland’s burgeoning fintech sector

Recruiting Blogs

Scotland has long been renowned for its financial services sector. In this article we define what fintech means, assess the scale and potential of one of Scotland’s newest sectors, and outline the career opportunities available. This is reflected in the culture and working environment.

The ROI of Employer Branding

Glassdoor for Employers

A traditional method of determining return on any investment is to divide the benefits by the costs. Some HR professionals create a formula by giving a specific value to each of the benefits of their branding efforts, and giving a specific value to each of the costs associated with employer branding efforts. To get started developing a formula that will best fit your company, consider the benefits of employer branding that you hope to measure.

5 Onboarding Tips to Win Over New Hires

ClearCompany Recruiting

First, we’ll go through some of our favorite onboarding hacks, followed by a quick assessment to help guide you on what you need most to build your custom onboarding package. Save time and money with benefits in engagement, retention and productivity. Hiring is a two-way street.

Hiring Struggle: Which Industries Are Increasing Headcounts?

Recruiting Daily Advisor

“More than 40 percent (43 percent) of the human resources professionals and hiring managers who participated in the study reported unfilled jobs in accounting and finance,” explains CPA Sagar Pandya, Practice Director for Brilliant Financial Search, in a press release.

Best Jobs in America 2019 & How to Hire for Them

Glassdoor for Employers

Perhaps your company has a major focus on improving customer satisfaction in the next year in order to reach your next major financial milestone, and the Customer Success Manager role you’re hiring for will leverage a new playbook to help achieve that.