Employers

January 2016

What Work Benefits do Millennials Want?

91% of Millennials don’t intend to stick with their job for more than three years according tofutureworkplace.com. Millennials, according to census.gov, were born between the years of 1982 and 2000 (16 to 34 years old). Millennials make up ¼ of the working population. Updating company benefits to attract and retain millennials will be important for years to come as millennials go from entry level employees to managers. Career Advancement and Professional Development Career path or skills development opportunities are things millennials...

5 Benefits of Hiring Referrals

1) People who are referred to your company stay longer. According to theundercoverrecruiter.com, on average 47% of referred employees stay longer than 3 years at a company compared to 14% of employees placed through a job board. Referred employees most likely know someone else within the company who is able to introduce them to the company and help build relationships. 2) Referrals are less expensive to hire. Less money spent on job boards, advertising, and the hiring process. Spending $500- $2500 to...

4 Benefits of a Continuous Candidate Pipeline

According to compensationforce.com, an average turnover rate for all industries is 15.7%.  Depending on your industry, this could either be higher or lower.  Most companies must hire a baseline of candidates each year to keep their company the same size. Below are our 4 benefits of a continuous candidate pipeline:   1) Shorter hiring period. According to Thewallstreetjournal.com it takes 27.3 days to fill a job opening. This is the highest in 15 years and almost double the amount of time it took...

December 2015

Top 5 Hiring Trends for 2016

As the 2015 chapter closes and 2016 begins, it is time for management to design and set their 2016 hiring plans and goals.   Before making your hiring plans, take a look at our top 5 hiring trends for 2016:   1) Unemployment rate decreasing. According to CBSnews.com “If we keep adding jobs at a decent pace, it will eat away at slack in the market,” said Elise Gould, senior economist at the Economic Policy Institute. The natural unemployment rate lies between 4.5% and...

5 Reasons Not to Hire a Freelancer

35% of the entire US workforce is made up of freelance workers (according tofreelancersunion.org). Freelancers can be a great asset for companies, but hiring freelancers can be very risky. Below are a few considerations to take into account: 1) IRS Violations. Freelancers are categorized as 1099 employees. According to the IRS Factor Test, many 1099 workers are not properly classified.  If the IRS finds that a 1099 employee is actually a W-2 employee, you will get hit with a large tax...

5 Ways to Keep Your Company Holiday Party Under Control

‘Tis the season for holiday parties!  According to metro.us, 78% of employers think holiday parties are an important part of company culture. Although, companies have to take important steps in ensuring a positive holiday party experience for everyone. Take a look at our 5 ways to keep your holiday party under control: “Where” and “when” does affect how your employees act. Having an early evening or afternoon holiday party can encourage a more business like environment. Holding the holiday party...

6 Tips for Designing a Hiring Plan

At this time of the year, many companies are in a planning mode.  Having a properly sized workforce will allow you to meet the demands of customers while ensuring labor costs are kept under control.  Here are a few tips to keep in mind when designing a hiring plan. 1) If you are growing, review cash flow statements and plan to hire more workers at certain levels of sales. This will ensure you will be able to meet customer demand...

November 2015

4 Tips to Set Goals for Success in 2016

83% of the population does not have goals according to personalplan.com. It is important to be a part of the 17% of people who do set goals to ensure success! Goals should be identified by writing them down every quarter throughout the year and kept track of on a daily basis. Below are 4 tips for setting your 2016 goals: 1) Think “S.M.A.R.T.” How specific, measurable, attainable, realistic, and time bound are the goals you are setting? If your goals are...

How to: Staff your Thanksgiving!

1) Hire a Turkey Carver. Hiring a turkey carver can give you more free time to be with your family. This will ensure the maximum amount of meat yielded per turkey. 2) Recruit a Food Analyst. Who is going to ration the leftovers? It is time to recruit a food analyst to handout equal portions to your family and friends. 3) Identify a TV Referee. Identifying a TV Referee not only increases family time, but can also help with dividing time...

Top 5 Considerations When Giving a Raise to Employees

According to Time.com, 90% of companies will give raises this year. Right now, many companies are hard at work figuring out these increases. Here are a few considerations to keep in mind when looking at raises for you employees. 1) Level of performance. The employee is performing at a level higher than expected in their goals and reviews.  Your company should reward this employee for their level of performance. 2) Critical player on your team. It would cost more money to...