Talent management is one of the things CEOs worry about most, and yet companies often spend very little time onboarding their new employees. The most effective organizations onboard new hires for the duration of their first year — their most vulnerable period — and focus on three key dimensions: the organizational, the technical, and the social. By using this integrated approach, they enable their employees to stay, and to thrive.| Harvard Business Review
An analysis of over 1,000 occupations and hundreds of skills—capturing 70 million job transitions—examined the importance of foundational skills (like reading comprehension, basic math, and the ability to work well in teams) to career progression. Those who had a broad base of foundational skills (as opposed to a few highly specialized skills, like coding) learned new things faster, earned more money, moved into more advanced positions, and proved more resilient amid market changes throug...| Harvard Business Review
Talent acquisition is becoming increasingly competitive and it is necessary for organisations to stay ahead by preparing for rising trends in hiring.| Easy.jobs
Learn the options to hire without a legal entity in the Philippines and navigate the complexities of legal compliance. The post Can Foreign Companies Hire in the Philippines without a Legal Entity? appeared first on RecruitGo.| RecruitGo
Historically, the efforts of private equity firms to address leadership challenges have been limited primarily to replacing portfolio-company CEOs. Now, in an era of higher interest rates and more competition for limited acquisition targets, these firms are realizing that they need to make more-systematic investments in leadership development. The author offers a variety of prescriptions for PE firms, portfolio companies, and dealmakers, including hiring and empowering “chief human capital ...| Harvard Business Review
As employers struggle to hire, they're having to contend with the benefit that their would-be workers want most: time away from work.| CNBC
Back in the 1990s, computer engineer and Wall Street “quant” were the hot occupations in business. Today data scientists are the hires firms are competing to make. As companies wrestle with unprecedented volumes and types of information, demand for these experts has raced well ahead of supply. Indeed, Greylock Partners, the VC firm that backed Facebook and LinkedIn, is so worried about the shortage of data scientists that it has a recruiting team dedicated to channeling them to the busine...| Harvard Business Review
Know your employer brand.| Harvard Business Review
Employee onboarding refers to the process of hiring a new employee and making them familiar with the organization's culture. It is about making them comfortable with their new environment, job function, and their new peers.| Nurture an Engaged and Satisfied Workforce | Vantage Circle HR Blog
New tools are improving engagement, performance, and retention.| Harvard Business Review
French powerhouse LVMH has created a constellation of the most lucrative brands in the world, from Dior to Dom Pérignon. Its chairman explains that success comes down to a four-part paradox: Be timeless and modern, fast growing and highly profitable—all at once.| Harvard Business Review
The economic toll of the Covid-19 pandemic is expected to leave more than 140 million people out of work and another 1.6 billion at risk of income loss. Unfortunately, many of the jobs lost simply won’t return. At the same time, certain companies and industries like logistics and manufacturing can’t hire fast enough. Shifting to a skills-focused approach is a viable solution to an evolving workforce dilemma. Evaluating employees and new hires based on their skill sets instead of their wor...| Harvard Business Review
But if there are two, her odds go way up.| Harvard Business Review
Businesses have never done as much hiring as they do today and have never done a worse job of it, says Peter Cappelli of Wharton. Much of the process is outsourced to companies such as Randstad, Manpower, and Adecco, which in turn use subcontractors to scour LinkedIn and social media for potential candidates. When applications come—always electronically—software sifts through them for key words that hiring managers want to see. Vendors offer an array of smart-sounding tools that claim to ...| Harvard Business Review
Why are consumers increasingly dissatisfied with the quality of help they get from customer service departments? The authors’ surveys and interviews with contact center personnel worldwide suggest that companies don’t hire the right people as frontline reps, nor do they equip them to handle the increasingly complex challenges that come with the job. Every rep can be classified as one of seven types, say the authors. Supportive “Empathizers” constitute the largest group, and managers p...| Harvard Business Review
Poor onboarding can leave your employees with lower confidence in their new roles, worsened levels of engagement, and an increased risk of jumping ship when they see a new, more exciting position elsewhere. On the other hand, companies that implement a formal onboarding program could see 50% greater employee retention among new recruits and 62% greater productivity within the same group. Given that how you onboard your employees will determine their experience, managers can take the following...| Harvard Business Review
Bringing a new employee onboard is both an exciting and stressful time. And while managers play a critical role in shaping a new employees’ first weeks and months, a broader team effort can ensure the experience is both positive and productive. Over the past few years, Microsoft has been working to improve its onboarding process through a pilot program involving “onboarding buddies”: a dedicated current employee assigned to help a new hire’s transition. The company learned that these ...| Harvard Business Review
Covid-19 spurred on the Great Resignation of 2021, during which record numbers of employees voluntarily quit their jobs. But what we are living through is not just short-term turbulence provoked by the pandemic. Instead, it’s the continuation of a trend of rising quit rates that began more than a decade ago. Five main factors are at play in this trend: retirement, relocation, reconsideration, reshuffling, and reluctance . All of these factors, the authors argue, are here to stay. They ...| Harvard Business Review