It is no surprise that well-run companies manage their costs very tightly to remain competitive. While much focus is often on the level of recruiting costs, the more important consideration is achieving a high return-on-investment with regard to recruitment spending.
By now, you’ve likely felt the impacts of the current job market. Unemployment rates are near all-time lows, while turnover continues to creep up. What you may not have considered is how and why candidate behavior has changed, and the ways those changes – which won’t be reversing anytime soon –..
Good news. Technology can significantly impact your recruiting success. The AI, automation and data analytics tools now available can be a source of competitive advantage for finding, attracting and retaining top talent. In fact, there are discrete technology solutions that address every stage..
Whether your company is a manufacturer, distributor or service provider (perhaps all three!), there is a good chance that your core operations have been improved by the adoption of “lean” methodologies. Lean techniques are very effective in identifying and eliminating waste in process flows..
Being in the business of recruiting and retaining great people for our clients throughout the country, it is exceptionally special when we are recognized for identifying talent right here within our four walls. This year, Source2 was named among the top five places to work in Central Florida!
Quality-of-hire is one of the most important hiring metrics that employers use to measure the success of their recruitment efforts. Unfortunately, today's fiercely competitive job market has made the task of not just identifying but also hiring top quality candidates more difficult. This growing..
Historically, low unemployment linked to low interest rates has boded well for a growth economy, however this could be put to the test very soon as the jobless rate continues to decline to a 48-year low. In a recent speech by Federal Reserve Chairman Jerome Powell, “Since 1950, the U.S. economy..
There are many functions in your organization that can benefit from using the latest technology to increase productivity, save money, and smooth out processes. One area that benefits from the influx of new technology tools is the recruiting process. Especially in today’s tight labor market,..
There's a new habit occurring in today's workforce referred to as ghosting, and it's running rampant. It's a perplexing phenomenon whereby job candidates stop responding to hiring managers or recruiters during the hiring process without any warning.
What is U.S. Unemployment Rate for May 2018?According to the U.S. Bureau of Labor Statistics (BLS), the U.S. national unemployment rate (seasonally adjusted) for May 2018 was 3.8%. This is down 0.1% from last month, and down a total of 0.3% for the first five months of the year.