Here’s quick snapshot of news around the industry!
Around the Staffing Industry:
- Gallup study estimates that disengaged workers cost the U.S. around $450 to $550 billion a year. In addition, engaged teams are 22% more profitable, and have 25% less turn-over than unengaged ones. [Washington Post]
- LinkedIn survey shows that most talent acquisition managers prefer finding key talent on social networks. In fact the % that prefers it has gone up from 29% to 42%. [ERE]
- Quick stats: Unemployment rates rose in 17 states, and were unchanged in 8. Even though California and West Virginia had the largest drops in unemployment, the #1 lowest rate still resides with North Dakota. As far as jobs go, the biggest job gains this past month were in Ohio, Texas and Michigan with a total of 33 states growing overall. [Washington Post]
- These days employees are leaving companies faster than ever. With an average of 1.5 years at any one employer, what are we to do? Here are 6 reasons employees quit you and how you can turn around your retention rate. [Forbes]
- Did you know that the “nervous Nellie” you interviewed last week could outperform the candidate you did end up selecting? Studies have shown that nervousness can disguise brilliance. In fact 3 studies have shown introverts (typically more outwardly nervous) perform better in sales, team situations and overall job performance than extroverts. [Recruiter.com]
- And if the above bullet wasn’t proof enough, Fistful of Talent will be hosting a webinar on July 17th that discusses hiring manager biases. Register for their event and find out “why you shouldn’t pick your team like you did your sorority sisters.”
- Federal employees have rated their employer as the least likely to recognize their performance and offer advancement since 2005. Because employees are currently being furloughed and pay is frozen (and has been for the past 3 years), typical motivators are not applicable. Here are some ideas all employers can use during times like these: special assignments, note of thanks, and meaningful feedback.
Around the Government:
- 450 college students will be getting virtual internships with the U.S. Government this year. The application process starts in July. While unpaid, these internships could give candidates an edge when applying for a full time gig. [Next Gov]
- Is the security clearance investigation process broken? Some think so. The biggest issues addressed in the recent hearing were: lack of documentation of missing information, lack of single source tool for classification guidelines, and quantity over quality. [Clearance Jobs]
Around the IT Industry:
- Marketing teams are taking IT into their own hands by hiring their own internal staff. What is the reason for this? New skills are required to support them and current IT teams are already bogged down. [IT News]
Have any of these headlines caught you in the past week? Modis shares some of the biggest happenings in the IT world.
- Facebook Bug Worse than Social Networking Giant Claimed, Non-Facebook Users Also Affected
- Google Surpasses Rival Apple in Net Value
- South Korea Has Introduced the World’s Fastest Mobile Network
- Microsoft Leading 3D Printing OS Support Race
- Google Hangouts Introduces Remote Desktop Feature
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