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Marty McFly’s preview of 2015 may not have been true to our reality, but the changes the recruiting profession has undergone in the last 30 years resemble something out of Back to the Future. Fast forward to today, Scruggs is able to find 312 candidates who fit that same criteria in a matter of seconds using LinkedIn’s AI recruiting tools.
For recruiters seeking to attracttalent in what has been a historically tight labor market, the old adage “money talks” holds true. Even as the labor market cools overall, employers that are continuing to hire may lean on wages to snap up talent. In some industries, benefits can send a powerful message, too.
When Stephen Patscot, HR practice leader with executive search and leadership consulting firm Spencer Stuart, talks to CEOs about the CHRO role, he often says its the second-hardest job in the C-suite. He expects AI to transform the way people are hired, managed, mentored, coached, while changing the nature of employees roles, as well.
Rising teen unemployment primarily relates to the fact that employers have made fewer hires overall after peaking in early 2022 during the “Great Resignation,” especially in sectors where teenagers are most likely to find jobs, such as leisure and hospitality and retail trade. As such, hiring for this age group will be weaker this year.
Speaker: Caroline Vernon, Director of Sales, CareerArc
Proactively planning for a layoff can save an organization thousands of dollars from the cost heavy burden of talent loss. Enter Outplacement - the brand strategy you may be overlooking. A benefit given to exiting employees that gives them expert advice on resume preparation, job search strategy as well as help negotiating a job offer.
With the increasing complexity of workforce management, HR service providers offer a wide range of solutions to help businesses attract, retain, and manage talent effectively. Their use of advanced AI and machine learning for talent sourcing sets them apart in the HR space, enabling businesses to access high-quality talent quickly.
Understanding the key drivers of employee engagement is crucial for keeping your workforce motivated and productive. These drivers help HR professionals identify what drives engagement, whether it is recognition, professional development, or a positive work environment. Contents What is employee engagement?
Think about those being laid off Two, if layoffs are necessary, the immediate supervisor, a division head, or other individual with the authority to hire and fire should meet one-on-one with employees who report to them. Remember the ‘survivors’ Three, give survivors a reason to stay and prospective new hires a reason to join.
Andrea Abernethy is a Careerminds Senior Career Consultant who assists outplacement program participants through their career transition, providing support, advice, and encouragement when needed to help them find a new, fulfilling job they will love. Download our Comparison Sheet See how we compare to other outplacement providers.
As HR professionals, you’re no stranger to how much the hiring landscape has changed. But for many employees going through a layoff , especially those who haven’t job searched in several years, the rise of applicant tracking systems (ATS) can feel confusing, intimidating, and even discouraging. Here’s what you should know.
Mergers and acquisitions (M&A) play a crucial role in corporate strategy, reshaping industries and influencing the careers of thousands of employees. Understanding the distinctions between mergers and acquisitions is essential for HR teams to navigate organizational changes, manage employee expectations, and ensure a smooth transition.
If anyone needs proof of how much AI has revolutionized recruiting, consider the story that Erin Scruggs , LinkedIn’s head of global talentacquisition, shared in her Talent Connect keynote last week. Because there were zero matches in the agency’s proprietary database, someone needed to do a custom search. “I
Recruiters and staffing agencies are always seeking scalable, efficient, and brand-friendly solutions to enhance the hiring process. Whether you’re an RPO provider, HR tech firm, or in-house recruiter, here are the 10 best white label interview tools to streamline hiring in 2025. What are White Label Interview Tools?
It’s a common question for HR professionals, particularly when a new hire isn’t meshing well with the team or culture. In many cases, a fit-based dismissal results from a hiring mismatch and is not necessarily the employee’s fault. Download Should You Offer Severance and Outplacement? race, gender, age, disability).
Mergers and acquisitions (M&A) are high-stakes opportunities for business transformation, expansion, and long-term value creation. HR leaders design and drive cultural integration, leadership alignment, and employee engagement to unlock long-term value. Mergers & acquisitions accounted for US$8.3 The stakes are high.
By Karl Ahlrichs A few decades back, I worked in outplacement and was involved in thousands of terminations. This experience led me to question why certain individuals had been hired in the first place. My passion for effective recruiting is based on this history. When they make mistakes, they take personal responsibility.
To prepare the business for the next phase, HR has to establish the basic policies , processes, and payroll while also focusing on talentacquisition as a critical priority. Primary HR capabilities: Talentacquisition and setting up foundational HR processes and payroll. What are the business’s top priorities for HR?
Layoffs are often based on factors such as seniority, job redundancy, or overall business needs, and employees are typically provided with severance pay and other transitional support like outplacement services. This can boost their reputation and make future hiring easier.
With over 20 years in the corporate sector across consumer-packaged goods, finance, sales, human resources, and retail, Careerminds Senior Career Consultant Karen Maida Heckman specializes in outplacement coaching and interview prep. What Is the Process Like for Someone Who’s Re-entering the Job Search After 30 Years at the Same Company?
If you’re looking for a partner to help you accelerate the upskilling of your workforce, click below to speak with a Careerminds expert and explore what talent development solutions we can provide for your organization. Improved talent retention: Upskilling reduces turnover by showing employees that their future matters.
Step 2: Consider Alternatives Options Furloughs or extended leaves Temporary layoffs Temporary or permanent pay reductions Reduced hours of paid work Hiring freezes Voluntary time off Voluntary layoffs Voluntary or early retirement Step 3: Outline Your RIF Plan Document the high-level business reasons for why a RIF is necessary.
Many businesses struggle to address employee retention, skill development, and long-term engagement. If your workplace seems to be spinning its wheels when it comes to internal growth and talent development, the issue might be as much a lack of structure as an issue of culture or leadership. Download 2.
This, in turn, can make the company more attractive to future hires, who may view it as a stable and supportive employer. We strongly recommend pairing severance payments with outplacement services. Our arsenal of resources, templates, guides, and industry-leading outplacement services can help you navigate the delicate process.
However, they come with many drawbacks, such as talent drain, reduced morale, and rehiring costs. By lowering work hours instead of cutting staff, companies can navigate economic challenges while preserving skills, experience, and engagement. In those situations, layoffs can seem like the most straightforward solution.
That’s more a problem of poor hiring than it is of the person who got mixed up in it. Download Inside your severance package, we also recommend that you provide outplacement services. The best outplacement providers use expert coaches, cutting-edge technology, and robust learning platforms to help their participants land a new role.
Moreover, we remain focused on appreciating our employees talent and effort, which are the foundation for what weve achieved and will continue to become. This will make the voluntary retirement program communication feel more direct and engaging. Another way to make transitions easier for employees is by providing outplacement support.
If you are going through a merger and acquisition (M&A), the post-merger integration process can be complicated and stressful. hiring, compensation and benefits, vacation and leave, termination). Determine any additional hiring needs or redundancies that require workforce reductions, and conduct any necessary downsizing events.
contact-form-7] Consider Offering Outplacement As a Benefit While its essential to handle the severance agreement properly, you should also give close attention to your overall layoff or RIF process. A perfect example is to include outplacement in your severance packages.
This means it will be less damaging to your employer brand, which is great news for your long-term hiring, retention, and overall business success. Ask questions about their level of engagement, motivation, and satisfaction, and then develop an overall score based on their answers.
For HR leaders, this creates an impossible task: expected to drive engagement, protect company culture, and retain top talent in an environment that’s shifting beneath their feet. Learn how Careerminds’ outplacement services can help stabilize teams and protect your culture.
Whether HR is considering instituting hiring freezes or moving toward a reduction in force (RIF), the path forward requires strategic thinking and compassionate implementation. Freezing all personnel actions, including searches already underway. Pledging to no new financial commitments. Maintain the results after the RIF has concluded.
She assists clients in clarifying career options, creating effective job search strategies, honing their personal brand, and mastering interview and negotiation skills. However, I never expected to go into outplacement coaching. Eventually, I was hired by GetFive and became the associate director for their certification program.
In this interview, Linda shares her insights on career development , transitions, and outplacement. Download our Comparison Sheet See how we compare to other outplacement providers. Download our Comparison Sheet See how we compare to other outplacement providers. Download 6. Thats a great question! Storytelling is powerful.
Being that the only constant in life sciences is change, leaders in this industry often ask, “Is investing in an outplacement provider worth it?” The Positive Impact of an Outplacement Provider While workforce reductions are typically a last resort, the narrative can shift positively with outplacement programs.
But over time, I realized that my real passion was in leadership, coaching, and mentoring , especially helping midlife women unlock their hidden talents. AI and digital tools are making HR processes more efficient, from hiring to workforce restructuring. Were also seeing a major shift toward skills-based hiring.
These internal transitions aim to retain talent while adapting to business needs—a win-win if appropriately executed. Let’s examine some real-world examples so that HR teams can better understand how to retain talent , reduce costs, and maintain continuity during those transitions. Moving to a different department or team.
If youre working in healthcare and youre in HR and talent, its probably still a challenging time for you, Kory Kantenga, head of economics for the Americas at LinkedIn, told HR Brew, noting that healthcare hiring on the platform is still above prepandemic levels. area federal workers from September through mid-February.
Workplace changes such as layoffs, hiring freezes , work reassignments, or department restructuring can significantly affect employee mental health. Handling change without transparency erodes trust, reduces morale, and hurts engagement , leading employees to experience heightened anxiety and even physical symptoms of stress.
Operational realignment: A software development company based in Denver shifts its support team to Seattle to take advantage of the local tech talent pool and a more favorable tax environment. It might be expensive, but studies show that recruiting new employees is more costly.
suite , a comprehensive platform that supports every stage of a career transition: Job search tool: Aggregates listings and tracks applications. Recruiteroutreach: Shares resumes with up to 200 recruiters a month. tools to help guide your entire job search, not just resume writing. What sets resume.io
As a result, employees are more engaged and perform better. AIHRs Talent Management and Succession Planning Certificate Program will equip you with strategies to manage employee performance and development, and best practices in talent management, legal compliance, and effective communication.
How often do you make bad hires? If you're like 95 percent of other organizations (of any size), you make bad hires every year. But do you know how much these hires are costing your organization? The Ripple Effect of a Bad Hire. just to name a few. 2) Establish a Standard Interview.
Some 44% of single parents in the US have had to turn down job interviews because of scheduling constraints, a recent survey from career and outplacement services firm Careerminds found. Recruiters can also offer the option of recorded interviews, in which candidates submit videos of themselves answering interview questions.
While business coaches and career coaches are common, outplacement coaching serves a professional in a specific situation: job loss. Outplacement coaching is provided by career coaches to those who have recently experienced or are experiencing job loss, most often as a result of layoffs or reductions in force.
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