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By the Numbers: September 28, 2018

BountyJobs Bites Negative Company Ratings Have Big Impact on Applicant Volume The Numbers: A survey from Monster found that 38% of respondents would only apply to companies that had at least a 3-star rating out of a 5-star rating system. Almost one-third would ‘never apply’ to an employer that had negative employee reviews. Salaries Projected to Rise in 2019 but Bonuses to Decrease The Numbers: Salaries are to rise 3.1% in 2019, which is the highest increase seen since the recession in 2008. However, bonuses and other incentive pay is forecasted to decline after seeing consistent increases between 2010 and 2015. CEO Outlook Survey Reports Higher GDP Estimate and Decline in Hires The Numbers: The 2018 U.S. GDP growth is now estimated at 2.8%, up slightly from the previous estimate of 2.7% from Q2, per the CEO outlook from the Business Roundtable’s third-quarter 2018 CEO Economic Outlook Survey. Plans for hiring decreased in Q3 but [...]

By |2018-09-27T18:09:23+00:00September 28th, 2018|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: September 28, 2018

The Case for Comprehensive and Tech-Enabled Talent Acquisition

Q&A with Greenhouse VP of Platform and Partnerships, Dane Hurtubise We recently announced our partnership and joint product integration with the fastest-growing talent acquisition suite, Greenhouse. This integration extends current Greenhouse customers' recruiting reach with the power of the BountyJobs Recruitment Marketplace inside their existing Greenhouse Account. Ahead of the launch, we sat down with Dane Hurtubise the VP of Platform and Partnerships at Greenhouse to get his take on the partnership and the role of technology in talent acquisition. Let's Get to Our Discussion BountyJobs: The world of recruiting is quickly evolving, and technology is an essential part of that evolution. How does Greenhouse keep up with the demand from talent acquisition teams for comprehensive technology solutions? Hurtubise: Greenhouse tackles this demand in two ways. We make it easy for other software providers to connect their applications to Greenhouse through our free, open APIs. In addition, we have expanded our core offering into a [...]

By |2018-10-01T15:55:32+00:00September 26th, 2018|Categories: Talent Acquisition Trends|Comments Off on The Case for Comprehensive and Tech-Enabled Talent Acquisition

By the Numbers: September 21, 2018

BountyJobs Bites Office Perks as Important as Health Benefits? The Numbers: 68% of employee respondents feel that ‘work perks’ are as valuable as health coverage, life insurance, etc. Per a survey from Zenefits, small businesses are having a hard time competing with large companies who have the resources to offer these perks. CHRO Salaries Rising in Certain Industries The Numbers: Per the Crowe 2018 Bank Compensation and Benefits Survey, median salaries for CHROs in the banking industry increased by 7% while retail banking officers’ median pay decreased by more than 7%. Boeing Bringing Retirees Back On The Numbers: As of August 15, Boeing started hiring retired mechanics and inspectors under an agreement with the International Association of Machinists and Aerospace Workers. Production snags were caused in part by engine and fuselage shortages for 737s. CLOSING SOON!! HARD TO HIRE: THIRD-PARTY RECRUITING AND THE STATE OF TALENT ACQUISITION SURVEY – BOUNTYJOBS REPORTS Our annual survey is [...]

By |2018-09-20T18:14:53+00:00September 21st, 2018|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: September 21, 2018

By the Numbers: September 14, 2018

BountyJobs Bites Hiring Expands Across Industries The Numbers: The August LinkedIn Workforce Report finds that hiring continues to expand across the U.S. The biggest gains were seen in agriculture (19.9% increase), transportation & logistics (13% increase), and energy & mining (10.9 increase).  Houston saw a rebound from last year 20.3%, showing growth after Hurricane Harvey. Retail is still alive contrary to reports, with New York, San Francisco, and Seattle experiencing shortages. Best Q4 Hiring Outlook in a Decade The Numbers: Per a ManpowerGroup Employment Outlook Survey, employers are looking to hire more workers in Q4. The net employment outlook is +19%, which is the strongest in a decade. All 13 industry sectors reported optimistic hiring plans with the largest being leisure and hospitality at +20%, marking the largest for 28 quarters straight. More Gig Leaders Being Hired Than Before The Numbers: 60% of HR professionals have said they are hiring more contingent workers than they [...]

By |2018-09-13T17:11:47+00:00September 14th, 2018|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: September 14, 2018

By the Numbers: September 7, 2018

BountyJobs Bites IT Job Growth 8 Times Faster The Numbers: Employment and wage gain slowdowns seen in other industries doesn’t seem to be impacting IT roles. IT jobs are growing eight times faster than all other jobs per a study from MIT. Big data, computer software, and cybersecurity in particular are in-demand. Between 2004 and 2017, IT occupations have grown 19.5% - less IT-intensive occupations grew only 2.4% within the same timeframe. Construction Growth Further Impacted by Skills Gap The Numbers: 80% of construction firms report a challenge in finding skilled workers especially for hourly craft positions, per a report from the Associated General Contractors of America and Autodesk. Delays and higher projects costs are caused by the talent shortages as businesses attempt to keep full headcount…or reach it at all.  More than 75% of tracked metro areas have the same problem. "Technology can help bridge [the skills gap], and more firms are bringing training [...]

By |2018-09-06T16:23:53+00:00September 6th, 2018|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: September 7, 2018