January 21 , 2019

Tag Archives: retention

Advice and How-Tos Calculating the Tremendous Dollar Value of a Top-performing or Innovative Employee

In professional sports, almost everyone readily agrees that a top-performing athlete is worth their weight in gold. That value is clearly reflected in their compensation, where for example a top-performing NFL quarterback can get paid 10 times more than the third-string quarterback on the same team. The value of adding a LeBron James, Peyton Manning, or Lionel Messi to your …

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Advanced Items For Your Recruiting Agenda – What Should Google Do Next?

During the newly reinvigorated and exciting ERE conference, two attendees posed related but powerful questions to me. The first was “What advanced topics should be on the agenda of recruiting leaders at elite firms?” Or as another put it “What should Google be planning to do next in recruiting?” At least to me, future agenda items are an important topic. …

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Corporate Coworking – Is It Calculated Brilliance Or Foolishness?

Let me go on record as stating that the concept of “corporate coworking” is among the boldest corporate people management concepts of the decade. If you’re not familiar with the concept, it varies from traditional coworking, which is a well-established concept where a group of startups and entrepreneurs share a facility that supports their getting launched. There is a new …

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Best Practices in Recruiting — ERE Excellence Awards 2010 (Part 3 of 4)

Winner — Ernst & Young As one of the “big four,” Ernst & Young’s thirst for new talent to fill the ranks of its professional service workforce is unending. Despite noticeable economic impacts on their business, Ernst & Young invested as usual, hiring 2,700 new graduates from over 300 of the best colleges and universities in North America. Over the …

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Talent Acquisition in 2010

Presentation Date:  January 13, 2010 Producer:  ERE Media (www.ere.net) Event Type:  Webinar Sponsor: Job Search Television Network (www.myjstn.com) Session Description: 2009 was a roller coaster year for many in talent acquisition. Despite continued turmoil impacting the global economy, the vast majority of organizations generated numerous hires and moved forward on a number of planned projects, albeit with tighter control on …

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Implementing an Agile Talent Management Strategy: The Perfect Model for a Crazy Economy (Part 2 of 2)

Last week I introduced this series by talking about how general business changes have rendered what many might consider traditional strategy development in talent management more of a hindrance to organizations than a benefit. I did not say that strategy is not important, or that delivering a strategic impact is not important, but rather implied that how most organizations are …

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Emerging Talent Acquisition Trends for 2010: Are You Ready For a Roller Coaster? (Part I of III)

Top 2010 Recruiting Highlights A year from now, if you were to look back and analyze the headlines of recruiting articles, blogs, and consulting guidance, I predict the following topics will dominate the content collective: Churn: Just as seen in 2009, 2010 will be a year in which organizations both grow and contract simultaneously. Business leaders will become more adept …

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Corporate Recruiting: Action Steps During a Recession

Anyone who has worked in corporate recruiting for any period realizes they work in a profession that has dramatic up-and-down cycles. Unfortunately, the down cycles following rapid growth tend to be the harshest. Who can forget the literal “implosion” of world-class recruiting functions like those at Cisco, Nortel, and Trilogy after the 2001 downturn? Those dominating recruiting functions have never …

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Cost of Vacancy Formulas for Recruiting and Retention Managers

Calculating the cost of a vacancy (COV) is a critical activity, one that’s necessary to determine the actual business impact of talent shortages that result from a gap between the time talent is needed and the time required by the recruiting function to supply such talent. As a metric, it can be configured to measure the dollar impact of voluntary …

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