In 2022, a signed offer letter doesn’t necessarily mean a candidate will stick with you through day one on the job. Cases of new hire reneges have risen exponentially in recent years, with some companies reporting 20% of candidates backing out of an offer. Reneges...
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3 Ways to Prepare Candidates — And Your Team — For Superday
How are you preparing your talent community and internal team members for Superday? In the investment banking, consulting, and financial services sectors, a Superday refers to candidates’ final rounds of interviews. Typically held between July to October, first-year...
The Two Types of Data You Need to Track to Attract and Retain Top Talent
As the saying goes, you cannot grow what you do not measure. Therefore, you cannot expect to grow a successful employer brand if you don’t collect data at each stage of the candidate experience. As the current hiring crisis continues, employer branding is essential to...
How to Build a Successful Campus Ambassador Program to Attract Top Talent
Contrary to popular belief, your internship program isn’t the only way to create a pipeline of early career talent. Campus ambassador programs pose a win-win opportunity for brands and students. Students gain access to real-world experience, a steady paycheck,...
Gen Zers Want to Make Friends at Work — Does Your Candidate Experience Allow Connections to Take Shape?
Allow us to reiterate something you already know: It’s tough making friends as an adult. But since the start of the pandemic, forging friendships has become increasingly difficult — particularly in the workplace. The COVID-19 pandemic exacerbated feelings of...
How to Improve Your Intern-to-FTE Conversion Rate, According to Two Recruiting Experts
Are you leveraging your internship program as a pipeline for full-time employees? Research shows that former interns have a higher retention rate (71.4%) than other full-time employees. In fact, according to the 2021 Internship & Co-Op Survey Report by the...
Employees are Still Quitting Their Jobs, Even With the Threat of a Recession — What Should Employers Do?
Economists warn that a recession could be coming — but is that any reason to neglect your candidate's experience? A Bloomberg Economics model states there’s a 38% chance of seeing a recession in 2023 (similar reports place the percentage risk near 30%). And yet, one...
4 Ways to Sign a Candidate Faced With Multiple Job Offers
In 2022, recent graduates have their pick of offers to choose from. According to an April survey by the National Association of Colleges and Employers (NACE), employers planned to hire 31.6% more graduates from the ‘22 class than in 2021. In the same study, 16% of...
Why Higher Salaries Isn’t Enough to Recruit and Retain Early-Career Accountants
Accounting firms across the country are raising salaries in order to compete in a candidate-hot labor market. And yet, it doesn’t seem to be enough to attract and retain top talent. As reported in the Journal of Accountancy, job offers saw the largest spike among...
The 25-Step Hiring Process Checklist to Reduce Early-Career Turnover
Did I follow-up with that interviewee? Did I send the new hires their onboarding docs? When was the last time I engaged with my talent community? Did I schedule that second interview? Did I introduce the interns to their managers? Did I e-intro that mentee to their...