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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.

Employee Culture And Corporate Job Fit – Buzzwords Or Reality?

ExactHire Recruiting

One way to ensure a consistent customer service experience is to have a recruitment process that takes into consideration how well candidates may be able to successfully assimilate into your company culture as a part of the selection cycle. Or are employee culture and job fit just buzzwords?

Whether or Not a Downturn Is Coming, the Time to Prepare Is Now

Recruiting Daily Advisor

Source: Fred Ho / Shutterstock. A significant element of effective business operations is having a culture that is open and transparent. You don’t want to be blindsided any more than your employees do, so build a culture of trust. Offer Financial Wellness Support Now.

12 Assessment Tools That Will Help You Hire the Best Candidates Quickly (and Fairly)

Linkedin Talent Blog

Talent acquisition professionals note that conventional interviews often reinforce existing biases, have a limited ability to assess soft skills, and are unreliable. Assessment tools range from broad personality tests to aptitude tests aimed specifically at delivery boys.

Hiring at Geckoboard — How to get cultural fit hires that result in employee NPS of 91

Recruitee

How to ensure cultural fit hires. How to maintain culture as your team grows. Given that a long-term sustainable culture is very important to us, it’s vital that the rest of the team are bought into the recruitment process. But the culture side is a lot more different than that.

Embrace Talent Diversity in Your Sourcing Strategy

Entelo

Countless studies have shown that diversity initiatives improve morale, corporate culture, employee retention and recruitment , all of which increase a company’s competitive advantage. It's no secret that many companies struggle to nurture and promote diversity.

15 Reasons Why Technology is Crucial to Diversity Hiring

ClearCompany Recruiting

By hiring employees with different backgrounds and beliefs, companies create a culture that enables new ways of thinking, which gives them an edge versus their competitors, and in turn, impacts the bottom line and overall success of the company. source ). source ). source ).

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. Source: ahirao_photo / iStock / Getty Images.

How San Francisco's Favorite Grocery Developed a Hiring Strategy to Support Its Growth and Culture

Linkedin Talent Blog

After a long conversation with Liz to understand what was going on, Sam discovered that her manager was a bad culture fit, and he immediately took action. “It It made me realize how important culture alignment is. First, you have to define your culture.

8 Intriguing Recruitment News Stories this Week – 9th November 2015

Social Talent

The financial results for LinkedIn’s third quarter of 2015 have been released , and they’re pretty damn impressive! All FTSE listed companies now assess the gender balance on their boards and take prompt action to address any shortfall.

4 Steps to build your talent acquisition strategy

Hacker Earth

Assess and analyze the business. With tons of data available at their fingertips, recruiters are leveraging big data analytics to better assess and analyze issues associated with high turnover rates and the possible solutions to these issues. Another vital source of information and insight are your current employees in roles similar to the ones you are looking to hire for. Also read: A complete guide to Talent Assessment Software ). Recruiter Tips Talent Assessment

7 Unmissable Social Recruiting News Stories – 13th July 2015

Social Talent

The top content-demanding industries are tech, financial services and higher education and the average post now reaches professionals in 21 industries and 9 countries. Culture Fit More Easily Assessed. Is LinkedIn a more effective for sourcing talent?

8 Thought-Provoking Pieces of Recruitment News this Week – 30th May 2016

Social Talent

However, URL links will still count as part of the 140 character limit: Source: Techcrunch.com. And we believe that we have a take on compensation, culture and company data that is very different from what they do. In recruitment news this week: The LinkedIn Data Breach Saga Continues.

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%). Talent professionals also found AI to be most helpful when sourcing candidates (58%), screening (56%) and nurturing candidates (55%).

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.

Skilled Talent and Leadership Development—How Learning Must Evolve

Recruiting Daily Advisor

Source: Kisialiou Yury / Shutterstock. Companies need to change how they hire, develop, and retain employees with these differences in mind, assessing the talent they have, doing some level setting, and then developing people at the pace they need.

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

ClearCompany Recruiting

ClearCompany has processed millions of applicants, created thousands of hiring programs and taken hundreds of talent acquisition teams to the next level with their industry leading ATS, Sourcing Module, Onboarding Platform and Video Interviewing capabilities. Source ). Source ).

Laid Off Workers: How to Recruit This Overlooked Talent Pool

Recruiting Daily Advisor

Source: Andrey Popov / Shutterstock. Company culture is cited as the number one reason respondents said they wouldn’t accept a job offer. Others may have just started and do not have a financial safety net to fall back on.

How To Make Sure You Know Exactly Who You’re Hiring.

Recruiting Daily

This epidemic seems endemic across functions, with financial services (73%) hospitality (71%), tech (63%) and healthcare (63%) ranking among the industries most likely to have encountered someone lying on their resume. As the ousted former CEO of Yahoo! ,

Contract or Perm—Be Mindful of Your Hiring Practices in a Candidate-Driven Market

Recruiting Daily Advisor

Source: Light And Dark Studio / Shutterstock. First, they provide the opportunity to assess an employee’s skills and cultural fit before committing to a full-time arrangement that includes benefits and other expenses. The rise of contract workers has hardly been a secret.

Engage Talent at Events by Creating a Consistent Candidate Experience

Rally Recruitment Marketing

With in-person events, you’re able to physically demonstrate your company’s culture. While we’re known as a financial institution, we don’t have as many physical locations as some of our competitors. Assess every step of a candidate’s journey at an event.

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.

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. Source: Deloitte Consulting LLP.

How to Turn HRBPs into People Analytics Evangelists

Visier - Talent Acquisition

Organizations typically start to enable people analytics usage primarily among the HR community, but the above shows a correlation between managers as people analytics users and improved financial performance. Assess HRBP skills. We need to honestly assess the skills of what we do have.

Data 87

“Trust Me, I’m A Candidate”

The Whiteboard

Over the weekend, the Herald ran a story regarding Anthony Kiro , a former professional League player, who through the use of forged documents, secured a job as a senior advisor at the Financial Markets Authority. We do all in our power to assess cultural and technical fit.

Glassdoor Myth Busters: Setting the Record Straight

Glassdoor for Employers

If you are an employer assessing Glassdoor’s value, the following myth-busting points, compiled by the Glassdoor team, will help: 1. In fact, positive reviews are plentiful, heralding healthy cultures, supportive leadership and meaningful benefits.

Selling Recruitment Risk Framework During Business Development

NPA Worldwide

Some factors might influence it, such as assessment skills, the number of suitable quality applicants, employer branding, quality of the database, recruitment business process, hiring manager commitment, and so on. 2: Inability to source and reach expected talents.

Recruitment for Organizational Development Professionals

Recruiting Blogs

Grasping the extent of organizational climate and culture is essential for efficient on-boarding, process development, culture development, and structural change within a company.

Prepare to Smash Your Job Interview

NPA Worldwide

So feel free to try and mirror their culture to an extent. Even when you are not being officially assessed, you are still being assessed. or “What’s the company’s financial position like?”.

100+ Top HR and Recruiting Podcasts

Select Software Reviews

Everything from employment branding, to new technologies, to culture and unconscious bias in hiring, global team management, smart sourcing, the talent market, assessment tools, to RPO decisions, and more!

Recruiting Next-Gen Mobile Talent: A Q&A with Peggy Smith

Recruiting Daily Advisor

As the war for talent rages on, employers are building their workforces with many kinds of talent that they source locally, regionally, and globally. Source: Brian A Jackson / Shutterstock.

Becoming Simply Irresistible: Growth opportunity

Bersin

Source: Deloitte Consulting LLP © 2018. 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.

How Recruiting Accounting and Finance Professionals Has Changed

Vervoe

Financial skills are among the most in-demand capabilities in today’s competitive job market. The unemployment rate in the financial and accounting sector is estimated at 2.2% , much lower than the already low national average.

Analytics Leaders: What You Can Learn from the BI Community’s Mistakes

Visier - Talent Acquisition

Each manager must assess employees fairly, understand trends driving the underrepresentation of certain groups, and recognize his or her own personal biases.

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.