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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

About the data The latest U.S. Bureau of Labor Statistics (BLS) data was released last week. This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary).

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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

About the data The latest U.S. Bureau of Labor Statistics (BLS) data was released last week. This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary).

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Time-to-Fill, Highest Since 2001?

Cielo HR Leader

national average of 25 working days (Monday-Saturday)— the lengthiest it has been since 2001. . in June 2014 than at any time since 2001. Despite there being more jobs available today than there were at any time since 2001, and with the tools and resources at our disposal in 2014, how is it possible time-to-fill has actually worsened?

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9 HR Concepts and Terms You Should Know

Digital HR Tech

What’s in: Engagement Job demands-resources model Strategic Human Resource Management HR analytics Employee turnover Applicant tracking system HR report Employee experience 360-degree survey. This data-driven approach to managing people has proven to be very successful. Applicant tracking system.

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Launch Bold Employee Retention Programs That Work: Avoid Copycat HR

Visier

Proponents have credited this approach with a 28-fold increase in earnings (and a 5-fold increase in revenue) at GE between 1981 and 2001. In one of our recent webinars, Tim Long, who spearheaded a data-driven approach to HR decision-making at Micron Inc., The Death of Copycat HR Programs.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Recruitment and Onboarding: Applicant Tracking System (ATS) : Streamlines recruitment by managing job postings, candidate applications, and communication. Employee Engagement: Employee Surveys : Collects feedback to measure employee satisfaction and engagement.

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This is Why Job Candidates Hate Your Candidate Experience

Spark Hire

The same study, which also surveyed more than 5,000 workers, found that 58 percent of candidates are less likely to buy from a company they applied to if they didn’t get a response to their application ; 69 percent are less likely if they had a bad experience during the interview, as are 65 percent if they didn’t hear back after an interview. .