3 Tips For Measuring Quality Of Hire In Financial Services

Ideal

For financial services, quality of hire is a top priority because it directly contributes to their bottom line. Here are 3 tips for measuring quality of hire when recruiting for financial services. Retention or satisfaction of customers.

4 best tech recruitment and employee retention strategies

Devskiller

Recruitment and employee retention is a key challenge for most tech HR professionals. Employee retention is a challenge in tech. In other words, this makes employee retention really difficult. 4 best tech recruitment and employee retention strategies.

15 Actionable Employee Retention Strategies You Can Use Today

Plum.io

Nearly 70% of organizations report that staff turnover has a negative financial impact due to the cost of recruiting, hiring, and training a replacement employee and the overtime work of current employees that’s required until the organization can fill the vacant position ( BLR ).

“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.

3 Ways Banks and Credit Unions Use Employment Screening Tests

Employment Technologies

Employment Screening Tests Improve Talent Acquisition and Retention. The good news is there are new, easy-to-use screening tests specifically designed for financial institutions that simplify the hiring experience while pinpointing high-caliber candidates.

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.

The Mythical ‘Right Fit’ Isn’t Just Possible but Necessary

Recruiting Daily Advisor

Due to a variety of factors, including pressure to meet financial targets, we tend to try to fill a role as quickly as possible, sacrificing other intangibles. The real benefits—financial and otherwise—only come with the right fit who’s in it for the long haul.

Want to Attract Recent College Grads? Try Offering This Trendy Benefit

Recruiting Daily Advisor

The Monster data finds that when prepping for the interview process, respondents admitted feeling stressed about taking a job assessment to see if the job is the right fit (55%). Student loan repayment is also standing in the way of long-term financial planning.

Laid Off Workers: How to Recruit This Overlooked Talent Pool

Recruiting Daily Advisor

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. Others may have just started and do not have a financial safety net to fall back on.

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. The Importance of Employee Retention.

4 Ways to Optimize HR in 2019

JazzHR

Assess your candidate experience. For example, your organization could offer pet insurance that would ease the financial burden of costly visits to the veterinarian. Look at your retention numbers.

Meet the World’s Most Successful Recruiters

Social Talent

Laszlo leads Google’s people function globally, which includes all areas related to the attraction, development and retention of “Googlers.” Assessment Facebook LinkedIn Social Media

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! ,

How to Power Your Company Culture with Data and Feedback Loops

Entelo

That’s why it’s important to have numerous and regular touch points to assess your culture. Average Tenure - Long-term employees are usually the happiest and most productive, which means there’s a powerful financial argument to be made for keeping your employees as long as possible.

Categories to Help Build a Talent Acquisition Budget

Media Staffing Network

Assessments/Profiles. Longer financial security periods. With unemployment high and retention low, it is crucial to have a plan in place. Last month we discussed how important it is to have a budget for Talent Acquisition. We promised tips to help you build a plan for your budget. We have included categories to consider to help make your planning easier. As always, please let us know of any questions you may have.

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. Retention concerns.

7 Powerful Ways to Recruit More Female Leaders

Brazen Recruiting

In fact, research shows that corporations with more women in their C-suite perform better financially than their boys’ club counterparts. Many organizations’ recruiting, career development, and employee retention practices are simply outdated. Where are all the women?

How to Turn Your Vision for Data-Driven HR into a Reality

Visier - Talent Acquisition

If you are a people analytics champion, you need to build a business case that is compelling (appeals to many stakeholders and connects with financial outcomes), complete (covers all the options for delivering analytics), and durable (can compete with investment requests coming from outside HR).

Data 103

Have You Mastered Recruiting In Banking?

Ideal

The disruptive arm of the financial services industry is called — logically — “fintech,” and it’s already making a pretty big dent. There are soft skill assessments you can try as well.

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%). The top 3 ways companies use data are to increase retention (56%), evaluate skills gaps (50%), and build better offers (50%).

5 Recruiting Trends You Can’t Ignore

NPA Worldwide

Diversity can improve retention and also open a wider talent pool – two things that are important to virtually ALL employers in this talent-scarce market. It also doesn’t help assess soft skills, which are increasingly important.

Creative Solutions for Healthcare Recruiting

Hospital Recruiting

Assess and Adapt. Signing bonuses can be offered when candidates join your ranks initially; retention bonuses can be paid out over time (at 6 month or 1 year intervals) to assure new hires stay in place. Andriy Popov/123RF.com.

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. There is no self-nomination, financial or other influence outside of the published reviews that enters into the qualifications process.

40 Hong Kong Tech Startups To Work For (or Follow) in 2019

Jobbatical

million, Hong Kong is an exceptionally competitive financial and business hub described as “an international innovation powerhouse ”. Airwallex is a financial technology company that offers a modular-yet-integrated solution for cross-border transactions.

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.

Employee Culture And Corporate Job Fit – Buzzwords Or Reality?

ExactHire Recruiting

Culture has long been the focus of management consultants and other HR professionals as a way for businesses to improve their productivity, decrease costs and improve employee retention. Your employees are a valuable resource.

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.

Quality of Hire: The 5 Best Ways to Measure Recruitment’s Golden Metric

Beamery

Tracking retention . Retention is another widely used metric to measure quality of hire – 49% of talent leaders use it when trying to gauge new hire quality. i) Scores on assessments and aptitude tests. There’s no better feeling than biting into a fresh, ripe apple.

The 10 Essential Skills Every Modern Recruiter Needs to Master in Order to Survive

1-Page

Alongside this, the second leg of recruiting – candidate assessment – can now be effectively conducted online, presenting real-life problems virtually. Self-assessment question – Do you have a plan for updating your sales skills in each of these important areas?

The 10 Essential Skills Every Modern Recruiter Needs to Master in Order to Survive

1-Page

Alongside this, the second leg of recruiting – candidate assessment – can now be effectively conducted online, presenting real-life problems virtually. Self-assessment question – Do you have a plan for updating your sales skills in each of these important areas?

The Key to Successful Succession Planning: What Would Yoda Do?

Recruiting Daily Advisor

Succession planning prepares your business for all contingencies, meaning it will continue running without financial hiccups when you are no longer at the helm. Honestly assess your blind spots or weaknesses, as well as those of your staff.

Three things a CEO must focus on in digital transformation

TeamBuilderSearch

Transformation must be funded financially and emotionally. Make customers happy and make it easy for them to do business with you and you will likely have strong customer retention. We can continually monitor and assess the enablement of stakeholders and see what is working and what is not working. You can learn about the gap assessment and download it for free here. You will see a sample gap assessment already completed as well as a blank one for your use.

Three things a CEO must focus on in digital transformation

TeamBuilderSearch

Transformation must be funded financially and emotionally. Make customers happy and make it easy for them to do business with you and you will likely have strong customer retention. We can continually monitor and assess the enablement of stakeholders and see what is working and what is not working. You can learn about the gap assessment and download it for free here. You will see a sample gap assessment already completed as well as a blank one for your use.

The College Admissions Scandal Shows It’s Time for Companies (and Parents) to Rethink the Stress on Academic Pedigree

Linkedin Talent Blog

college admissions scandal that erupted last week had reverberations from coast (Yale and Georgetown) to coast (USC, Stanford, UCLA) and had its roots in the misguided belief that an elite education is worth any price, financial or ethical. The U.S.

Emerging Markets, Emerging Issues: Talent Mobility and Global Recruiting.

Recruiting Daily

Hong Kong and Guangdong might only be a few miles apart, geographically, but if you’re an expat worker, these two growing financial and trade centers are a world apart – and success requires workers with similarly divergent skills.

Mobile 108

Employee Referral Program Tips that Actually Work!

Recruiterbox

Referred employees have higher retention rates and increase employee engagement in their company. – Allow these referred candidates to choose the time and date of their interview, and/or offer online assessments. Referral programs can do wonders for a business.

3 Ways to Establish an Enviable Diversity Program

CareerBuilder

According to a recent McKinsey study , gender- and ethnically-diverse companies are 15 percent and 35 percent more likely to financially outperform their competitors, respectively. The first step to establishing a diversity recruitment strategy is assessing your internal demographics.

Talent acquisition outcomes: So much more than “better hiring”

Bersin

We now have data tying TA maturity not only to advancements in how well the TA function fulfills its purpose, but also to business, financial, and workforce outcomes. Robin Erickson, PhD, leads talent acquisition, engagement, and retention research for Bersin, Deloitte Consulting LLP.

How to Start and Grow Your HR Department

Recruiterbox

They’ll also focus on the retention side, with managing vacation requests, monitoring overtime, and assisting with payroll. They’ll also assess how well training goes and how to improve those efforts. So you’ve decided it’s time to build a human resources department.

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.