By the Numbers: February 16, 2018

BountyJobs Bites

Home Depot Rolls Out Self-Scheduling for Interviews

Applicants for the 80K open roles at Home Depot will be able to schedule their interview themselves. The apps, Mobile Apply and Text-to-Apply have had 80% of Home Depot applicants utilize them for interview scheduling, and since implemented, candidate numbers have increased by 50%.

Progressive Implements Salary History Inquiry Ban

Progressive plans on hiring more than 7,500 people in 2018, and will not inquire about previous salaries when interviewing for open roles moving forward.

“We’ve always based our pay on market research,” Chief Human Resources Officer, Lori Niederst said. “We hope this change will give candidates who apply for our jobs confidence that they will be paid based on what they bring to Progressive, regardless of whether their previous employers paid them fairly.”

For more details surrounding the Ban on Compensation (salary) History Inquiries, see our report here.

Recent Report: Hardest Roles to Hire For

Roles in Healthcare make up half of the top 10 toughest jobs to recruit for in 2018, according to a report from Careercast.  Two fields highlighted for their high growth outlook are Nurse Practitioners (31%) and Physical Therapists (34%) – not only are there shortages of new candidates but also retaining current employees is a challenge.

Check out our Agency Recruiting Benchmark Report for Healthcare for a look at trends in salaries and fees for this competitive industry.

Uncommon.co Enters the AI Market for Recruiting

The startup launched a new platform, Uncommon IQ, which looks at “career paths, experience, skill level, and job level” to streamline the recruiting process.  Within those that have utilized the beta release, it was found that candidates selected by Uncommon IQ were 12 times more likely to be asked to interview.

Our overview of AI in talent acquisition can be found here.

Younger Workforce Values Live Training

Millennials and Gen Z workers value instructor-led training over other options, per a recent study from Wainhouse Research, surprising many that buy-in to the ‘technology is king’ stereotype for this group.

Employer Tax Savings Should Go to Employee Pay

Per a survey from Aon Pulse, 65% of workers surveyed stated ‘employers should spend their savings on increases in annual and hourly wages’. An additional survey showed that 29% of employers surveyed plan to do just that.

Candidates Value a Personalized Hiring Experience

A recent American Staffing Association Workforce Monitor survey found that 69% of Americans feel the ‘job search today is too impersonal’.  80% feel that sending their resume in for a role feels like it’s going into a ‘black box’.

2018 Hiring on the Upswing

LinkedIn’s February 2018 Workforce Report states that U.S. hiring was up 13% last month from January 2017.

“According to the report, seasonally adjusted hiring was up 10.9% in January 2018 over December 2017, which makes January the strongest hiring month since May 2017. Whether it’s confidence in the new tax that is driving this hiring trend isn’t yet clear, says LinkedIn.”

C-Level Roles Top Tech Salaries for 2018

A technology salary guide from Mondo reports that CIO and CTO salaries are the highest in the tech space. Ranging from $160,000 to $292,500, these roles bring in the big bucks, followed by DevOps Lead Engineers bringing in $250,000.

For a comprehensive look at hiring within IT, take a look at our report – Agency Recruiting Benchmark Report for Information Technology.

Paid Internships on the Rise

A report from the National Association of Colleges and Employers finds that more companies are paying their college interns. The Class of 2017 survey found 61% of graduating seniors participated in an internship or co-op role – 56.7% of those were paid, which is up from 51.3% in 2011.

U.S. Economic Growth Continues to Strengthen

The first-quarter edition of the Survey of Professional Forecasters (released by the Federal Reserve Bank of Philadelphia) reports that the U.S. economy’s growth forecast is stronger now than it was three months ago. The real GDP is predicted to grow at an annual rate of 3.0% this quarter, an increase over the previous prediction of 2.4%.

2018-02-16T04:25:13+00:00 February 16th, 2018|

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.