Because I've worked in the recruiting tech space for a few years, I often get calls and emails from ex-colleagues who say something like...
"Hey, I'm putting together my budget for next year. What new and cool tech should I ask for?"
I think (and always explain) that this approach is the inverse of how you should think about your "tech stack".
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As a recruiter, I've always favored candidates who displayed something called "distance traveled".
Distance traveled describes…
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A low unemployment rate doesn't mean that there is a one-for-one ratio of talent to jobs. In the US labor market, the reality is that there are tens of thousands of jobs that remain unfilled because there aren't enough qualified workers.
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I used to fish a lot as a kid. In the summer, I would leave my house early in the morning and not come home until I heard my mom yelling in the distance that it was time for dinner.
I learned three great lessons from fishing that I carried over into my career in recruiting.
If the fish aren't biting...
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I've always had a problem with recruiting metrics because I think they're flawed.
Everyone measures "Time To Fill", "Cost Per Hire", "Quality of Hire", etc.
But what are you really measuring these metrics against? What is the baseline for your specific company in each of these categories?
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Recently, a couple of my friends were interviewing for jobs. The only reason I know this is because they told EVERYONE.
Since the interview process at most companies is multiple steps and takes forever, I (and everyone else) got to hear about the good, the bad and the ugly over the course of several weeks.
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Pay equality is a sensitive subject. This is mostly due to a world full of bad actors who have consistently underpaid women and minorities.
But, in some cases, pay INEQUALITY makes a lot of sense.
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When I see 18 businesses in a row fighting for talent it makes me think a lot about employment branding. If I were looking for work, which company would I choose? In a market like this, you have to stand out. You have to be different. But that doesn't mean that you have to spend a bunch of money for a big ad campaign or brand redesign. It could be much more simple than that.
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Chances are your college recruiting program is a big waste of time and money.
It's not because recruiting at universities isn't a good source of talent, it's because your strategy is flawed.
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If you've gone to a conference lately or looked at your Linkedin Inbox, you've probably felt it. It's that feeling of being left behind. It's that feeling that everyone but you are using chat bots, artificial intelligence and machine learning to automate their hiring process, right?
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I don't know why any recruiter wouldn't use an online scheduling tool to coordinate their phone screens. The only reason I can think of is that they just haven't heard of it yet.
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If you're not paying attention to what's happening with blockchain technologies right now, you're increasingly in the minority.
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I think recruiting leaders should stop trying to get invited to the table. And stop whining about not being there.
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In the very near future, recruiters will be technologists who manage software, not requisitions.
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Eventually, these companies will turn their attention to our space and put a large number of existing HR tech companies out of business.
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