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The Power of Contingency Recruiting: Meeting Talent Needs

Introduction In today’s rapidly evolving business landscape, the success of any company is heavily reliant on its ability to attract and retain top-tier talent. This pursuit has led many companies to explore alternative methods of recruitment, with contingency recruiting emerging as a popular and effective solution. In this blog post, we will delve into the concept of contingency recruiting, its advantages, and why companies are increasingly turning to this approach to fulfill their talent needs. What is Contingency Recruiting? Contingency recruiting is a recruitment strategy in which a company engages external recruiters to identify and present suitable candidates for open positions. Unlike traditional recruiting, where a company pays a fee only upon the successful hiring of a candidate, contingency recruiting agencies are only compensated when a hired candidate is placed. This payment is typically a percentage of the candidate’s first-year salary. Advantages of Contingency Recruiting… [Read More]

Why the future workforce will work from home

The work from home trend is not a new concept. Workers have been working from home from the dawn of civilization, but speaking strictly in the modern era, let’s take the past 40 years this trend has increased year after year. In 1979, with the OPEC oil embargo in its sixth year, the Washington Post published the article, “Working at Home Can Save Gasoline,” which suggests telecommuting could have eased the gas crisis. This article urged companies to introduce telecommuting to conserve gas. As you can imagine, employers were opposed to this idea initially. They used argument such as: How can you tell that the workers are doing any work at all from the comfort of their homes? Or, workers are missing out on crucial interactions with their team. But the counterarguments must have been strong enough to help support this trend as it keeps… [Read More]

3 Steps to Reaching Your Career Resolutions in 2017

The start of a new year is an ideal time to begin pursuing those career resolutions you made in 2016. Whether you’re revitalizing a job search or ready for a career change, there are proactive steps you can take to help you reach your goals this year. Revamp/update your resume. Your first order of business should be giving your resume a face-lift. With constantly changing hiring trends, you must take the time to make sure yours stands out. In today’s resume world, less is often more. Include links to your portfolio, blog or website which would make an employer sit up and take notice. Build Your Professional Network. You are your brand. Make your presence known in the industry you seek and maintain the connections you have already made. Online, professional portfolios such as LinkedIn help showcase who you are and what you can do…. [Read More]

How to Recruit The Right Talent and Avoid Hiring Catastrophes

Recruiting the right talent is essential to the success of a business, while bad hiring decisions are exceedingly expensive in terms of both time and money. Additionally, high employee turnover lowers morale and creates discouragement within a company. These hiring disasters could have been avoided and the lost resources could have been invested in the right candidate. To that end, companies like Google have adopted the “law of three” for interviewing candidates. This recruiting technique and ones like it are designed to avoid costly hiring mistakes. The “law of three” encompasses the following rules: (1) Always interview a minimum of three candidates. Managers are tempted to end their search early when a suitable candidate is found. Discipline yourself to continue interviewing. The more people you interview, the greater the pool you can select from and the greater your chances of finding the right person. (2)… [Read More]

5 Simple Steps to Writing an Effective Job Description

A job description is an essential tool to attract quality talent. By carefully tailoring the fundamental elements of a job description, you can effectively target the candidate pool you are seeking. Job Title In creating a job description, your first step is to give the position a job title. Although a job title may only be a few words, it plays a crucial role in the purpose of a job description. The job title is the gateway to the talent pool you seek. An effective job title should: reflect the nature and duties of the job indicate skill level in relation to other jobs within the company be consistent with industry standards and other similar jobs so that it can be accessed by online job seekers An example of a good job title is “Senior Nurse Recruiter.” A candidate understands that this is a position… [Read More]

The importance of reference checks when hiring?

Do you know the importance of reference checks? Current statistics indicate that about 20% of employers do not check references for incoming employees. Of the 80% who do, the vast majority indicate that they have changed their mind on a potential employee from talking to their references? And an incredible 30% have caught fake references during this process. If you’re among the 20% of employers who don’t do references you may want to change your mind. 6 Ways to Get the Most Out of Your Reference Checks Ask the candidate for their help. It is in the candidate’s best interest to provide valid reference information during the interview process. Talk to them about their list. Ask how recently they’ve spoken to these individuals. Ask them if they have permission to contact them. If not, as the candidate to call them first and let them know… [Read More]

How to identifying your companies successor?

We work with a lot of start-ups here at NexusCW and one advice we would like to give is that when you’re planning the future of your company you need to ensure that you have the right leadership in place and a plan for succession. It is a rare company where top management doesn’t eventually need to retire or move on. Do you have something in place to prepare for this? How do you identify the top performers who will become great long-term leaders in your company? Is it possible to hire them at the ground level? 4 Ideas for Ensuring Long-Term Organizational Success Evaluate the current performance. The first step is to see who is performing at what level. Does anyone routinely go above and beyond the expectations of their job? Is anyone particularly good at training others even if training isn’t their job’s… [Read More]

Long term strategy

In an interesting piece on Strategic Sourcing, that is, a specific plan of action regarding the procurement and hiring of top talent, a Talent Acquisition Manager poses the question: Who is better to Effect the Toughest Changes in Strategic Sourcing? Your Permanent Team or Third Party Contractors? (They deduce that the contractor/consultation model allows for greater opportunity for change within your organization by allowing for a fresh perspective and minimizing the personal and political hurdles that can stop an organization from moving away from the status quo. If we apply this same line of thinking to the larger context of Contingent Workforce Management, it may be time to ask: When is the last time your enterprise truly thought about the long term goals regarding your Contingent Workers? And are small steps being taken daily to effectively embrace that strategy? As we’ve already discussed, change is… [Read More]

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