My son, who is in middle school, was telling me about his day the other night. He said, “so we’re in class, Technology and Innovation a.k.a. Wood Shop.” I asked him what he meant by a.k.a. Wood Shop. He said that’s what it is. They basically take blocks of wood and use tools to make things. Technology and Innovation Class.
Wood Shop has value, but calling it Technology and Innovation Class is sending the wrong message. We’ve got a real skills gap in this country. It’s closing,…Continue
Added by Todd Kmiec on September 19, 2017 at 1:23pm — No Comments
The JOLTS Data is out and shows that job openings have reached a new high. Not just a blip up, but a new high with a new average high for the trailing 12 months. In other words, the trend is up. 6.17 million job listings in the US. That’s a big number.
We also have a record low labor participation rate currently. Some believe that this indicates that the job openings in general don’t pay enough to lure workers back to work. If businesses in general are going to have to increase…Continue
Added by Todd Kmiec on September 18, 2017 at 2:50pm — No Comments
Making mistakes on your resume is a sure way to get you overlooked. Presenting yourself in a less than favorable light will do that as well, but not just on the resume.
Jobvite’s 2016 survey of 1,600 recruiters and HR professional found that 72% of respondents had a negative reaction to typos. Other social media sins include sharing photos of marijuana use (which 71% of respondents couldn’t stand), oversharing in general (60% of respondents weren’t fans), and posting pics of alcohol…Continue
Added by Todd Kmiec on September 17, 2017 at 3:56pm — No Comments
Airlines are complaining about a pilot shortage. A recent article stated that the shortage is best understood as an obvious manifestation-and perhaps the nadir-of a long-term deprofessionalization of what was once a solidly middle-class career: We made the pilot occupation so unattractive, so tenuous and poorly paid, that people stopped wanting to do it.
That’s how you shrink a candidate pool.Continue
Added by Todd Kmiec on September 16, 2017 at 8:02am — No Comments
It’s that time of year again. Fantasy Football. Seems like it is everywhere. The popularity of fantasy football shows how fun it is to put together an unrealistic team and to go compete with it.
Falling into that mode in your recruiting program can be a big mistake. Fantasy teams aren’t real, but great teams are. You can’t build a dream fantasy team in your business, but you can build a great team that is incredibly productive. Trying to build a fantasy team in business diverts…Continue
Added by Todd Kmiec on September 15, 2017 at 12:26pm — No Comments
John Wooden, famous UCLA basketball coach and one of the greatest coaches in any sport ever used to preach that you must focus only on the things that you can control.
Great advice for hiring managers and recruiters. You can’t control a turn down. You can impact it by providing an attractive opportunity and offer, but you still can’t control it. You can’t control a crazy salary demand and you definitely can’t control the size of the candidate pool for a certain skill…Continue
Added by Todd Kmiec on September 14, 2017 at 1:25pm — No Comments
Lost productivity due to eclipse watching was reportedly over 700 million dollars. That’s a day off or two for a bunch of people. Not everyone, but that’s a lot of productivity out the door. With the recent hurricanes we have a bunch of days off for fewer people, but still a lot of lost productivity.
These numbers are minor compared with the lost productivity that we see every day from poor effort, lack of effort, and wasted time. Employees who are dedicated and work hard are…Continue
Added by Todd Kmiec on September 13, 2017 at 2:00pm — No Comments
It's no secret that with more people engaged than ever on Facebook, businesses are turning to that avenue to bring in more customers and get their products out there. But now businesses of all sizes are starting to look at Facebook as a way to bring in skilled…Continue
Added by Kevin Faber on September 12, 2017 at 12:36pm — No Comments
Inflation is now running around 1%. That’s really low. There are financial benefits to low inflation, but low inflation generally doesn’t help businesses grow.
We know that salaries have not been growing for quite some time and until they do start to grow, it’s better to have low inflation. A better scenario would be a little more inflation and equivalent salary growth.Continue
Added by Todd Kmiec on September 12, 2017 at 9:53am — No Comments
Recent reports of ageism in Silicon Valley and and other places bring attention back to the subject. This is a tough topic because there are valuable workers on the wrong end of it.
Older workers have more experience and there is a lot of value in that. However, younger workers bring new skills, motivation, and a desire to work hard. They tend to be willing to work long hours and they cost less in salary.
In some cases the experience is more valuable. In some cases it’s…Continue
Added by Todd Kmiec on September 11, 2017 at 3:05pm — No Comments
The state of Maine is making a concerted effort to bring candidates back home. Companies in the state are targeting candidates that grew up there, went to college there, or have a significant history there.
It’s a good strategy for stability. People who have experienced life in a certain part of the country and want to come back are more likely to stay for the long haul. Creating opportunities for candidates like this makes sense for businesses that will benefit from stable…Continue
Added by Todd Kmiec on September 10, 2017 at 2:41pm — No Comments
Americans starting new businesses is at a 40 year low. The biggest factor is the maturity of the nation and economy. Everything seems covered. It used to be that you could look around and see what the area needs and start a business with little or no competition. Now they don’t need another dry cleaner in town, or another Thai restaurant.
There are, of course, lots of opportunities in new technologies and holes to fill there, but even those are getting filled up pretty quickly.…Continue
Added by Todd Kmiec on September 8, 2017 at 1:17pm — No Comments
The number of Americans relocating peaked in……….ready for this………1985. Last year only 10% of people in the US moved.
The problem with this is that people are not getting to where the jobs are. It’s not just that companies don’t want to pay for relo. That is certainly true and is a factor, but candidates don’t want to move. The average time spent in a given job has been getting shorter and candidates know this. So uprooting the family and moving away from the place that you’ve…Continue
….in order to generate higher pay rates. It’s an economic truth. If there are too few of something the price goes up. More demand for that widget than there are widgets to satisfy the demand will make them more expensive.
In recruiting it takes more than just scarcity. Try finding a Diesel Mechanic when you need one, or good Manufacturing Technicians with PLC programming. They are hard to find and there are more needs for them than there are qualified candidates to fill…Continue
Added by Todd Kmiec on August 23, 2017 at 6:01am — No Comments
Added by Charlotte Barrington on August 17, 2017 at 11:20am — No Comments
Some good earnings reports in the last couple of weeks may be a real good sign for business. Companies like Boeing and Apple are reporting good numbers. Leaders in different industries like this showing solid earnings growth has a big impact.
These companies impact all of their suppliers and other companies that they do business with. If we continue to see industry leaders doing well we can expect widespread growth. Something we have not see for some time.…Continue
Added by Todd Kmiec on August 15, 2017 at 5:59am — No Comments
Reports are saying that real revenue growth is driving earnings versus just cost cutting which drove earnings for the most part since the recovery began.
Real revenue growth from the actual sale of products and services would be a welcome change. Probably not enough evidence to say for sure at this point, but if that is what we are starting to see it will be very good for business conditions.Continue
Added by Todd Kmiec on August 11, 2017 at 6:08am — No Comments
Recently Google announced a new a featured related to jobs inside Google Search. This is arguably the biggest news in recruitment marketing in several years. Not only is the technology going to revolutionize the convenience of searching for a job, it’s implications on how job boards operate with change forever.
The new search results are part of the…Continue
Added by Ryan Naylor on August 10, 2017 at 5:56pm — No Comments
We are currently in the third longest economic expansion ever. It’s also the slowest expansion ever. We’ve had growth of less than 2% for 9 years.
Significant economic growth is a high tide that raises all boats. Less than 2% growth is not that. A real expansion with significant growth is fun. It accelerates business growth. The reality is, growth has been slowing for decades. Not just the last 9 years.
Demographics are not in our favor with the baby boom generation…Continue
Added by Todd Kmiec on August 10, 2017 at 6:00am — No Comments
In baseball, wins above replacement is a statistic measuring how many wins a player would get you instead of having an average AAA minor league player in that slot.
What is the value of a new hire over average to the bottom line of the business? Or the loss of a good current employee versus the average in their spot?
Added by Todd Kmiec on August 9, 2017 at 5:55am — No Comments