Recruiting News Network

As the labor market continues to change, economists are intrigued as some industries are adding jobs by the thousands while others are making similar-sized layoffs. For example, as companies like TikTok, Google, and Microsoft make significant cuts to their workforce, we can’t help but liken it to pandemic times and wonder if we’re seeing the next monumental wave of layoffs. Past layoffs were repercussions of overhiring. Now we’re seeing a different pattern, one far more preventable. Article in comments on the hidden and preventable reason for layoffs. #RNN #RecruitingNewsNetwork #Layoffs

It's no secret that the cost of a college education continues to climb. In 1963, the annual cost of tuition at a 4-year public school was $243 ($2,482 when adjusted for inflation). Today's in-state tuition averages $9,750 annually, while out-of-state tuition is almost 3x higher. But the rising cost of pursuing higher education is beyond financial—it can affect students’ mental health long past graduation. Article in comments on the impact of student debt on the workforce and how employers can help. #RNN #RecruitingNewsNetwork #StudentDebt #Workforce

Whether a job is in-office, hybrid, or fully remote, a sense of community, positive office culture, and inclusion is important. Are new team members welcomed into the fold with kindness and optimism? Is there a spirit of friendliness, collaboration, and a positive outlook for the future of the business? A toxic work environment can quickly permeate new hires, so it’s important to ensure your company’s culture is healthy and vibrant. A positive work environment is just one example of what job seekers look for in a new job. Check out the article in the comments to see what other things job seekers value most in a new job opportunity. #RNN #RecruitingNewsNetwork #JobSeekers #HiringTips

Will workers ever reach pre-pandemic levels of happiness? It’s hard to say, according to researchers. Analyzing data from 57,000 employees, BambooHR has found a steady decline in happiness since 2020. Overall, the score dipped from 44 in May 2020 to 35 in May 2024, signifying a “troubling trend.” Article in comments on why employees are "unhappier than ever" after research showed worker happiness tanked in Q2. #RNN #RecruitingNewsNetwork #EmployeeHappiness

As we continue to venture into this new era of recruiting under the shining light (or concealing shadow?!) of artificial intelligence, it’s made me truly consider what qualities and skills make up the core of our industry. There have been some erroneous claims made that with the help of generative AI anyone can be a sourcer — but I don’t think this is true. AI lacks that creative ability to understand, critically interpret, and, most importantly in my opinion, spot patterns. Article in comments on why the best tool for sourcing is (still) a sharp mind. #RNN #RecruitingNewsNetwork #Sourcing #AI

Retaining top talent isn’t just a competitive advantage—it’s the key to sustainable growth, innovation, and a thriving work culture. Employee retention is an art and science, from offering competitive benefits to fostering a positive work environment, every strategy counts. Curious to learn more? Check out the article in the comments for insights on why employee retention matters and how to master it. #RNN #RecruitingNewsNetwork #EmployeeRetention #WorkCulture

ROI is one metric that will help organizations know the amount of efficiency and profitability an investment holds. When referring to the contingent workforce, ROI would be the value derived from the temporary, freelancer, or contractor worker against the cost incurred by them. Organizations could base decisions regarding staffing strategies on performance and cost efficiency using such analyses. Article in comments on a guide to estimating the ROI of your contingent workforce, and hence, measuring success. #RNN #RecruitingNewsNetwork #ROI #Workforce

If your employees think of your perks as nice-to-haves but not essential, then these aren’t things that add value. Your employees simply won’t care enough, and your efforts will have been for nothing. And perks aren’t about just slapping a few quick ideas together to appease people. The selection of unique workplace perks calls for thoughtful analysis. Your employee perks should be valuable to your employees and, by extension, add value to your workplace. This doesn’t mean that they have to cost a lot of money – but they do need to impact employees in a meaningful way. Article in comments on 12 unique employee perks that don’t require a big budget. #RNN #RecruitingNewsNetwork #Benefits #EmployeeAppreciation

The Power of a Multigenerational Workforce As the workplace continues to evolve, HR professionals are facing a unique opportunity: the chance to harness the strengths of a multigenerational workforce. With up to five generations working side by side, age diversity isn't just a trend—it's a competitive advantage. Check out the article in the comments to explore how HR can proactively engage, support, and retain employees of all ages. From increased creativity and innovation to better client understanding, the benefits are clear. #RNN #RecruitingNewsNetwork #Diversity #Flextirement

Due to widespread data skills gaps, businesses are seeing significant productivity loss — adding up to an average of roughly 25 working days per employee per year — for data-related tasks, according to an Aug. 5 report from Multiverse. Article in comments on skill gaps costing employers a month of productivity each year. #RNN #RecruitingNewsNetwork #SkillGap #Productivity