I read a fascinating ebook, The Demographic Drought, that outlines the causes of the US labor shortage. It’s timely and relevant for recruiters, and it’s free, so please download your copy. I’ll share some of the most salient points (for me) here. It’s been very easy, and tempting, to blame COVID and various social programs for the current candidate shortage, but that is far too simplistic. As the authors point out, COVID was merely an accelerant to a problem that has literally been ~50 years in the making. Read the rest of this entry »
Global Recruiting
The US Labor Shortage is Real
by Veronica BlattRecruitment Trends to Embrace
by Dave Nerz
The pandemic has changed our world. If the word pivot is not a part of your new lexicon, it should be. 2020’s challenges have impacted recruitment for years into the future. Your clients and candidates expect new and different services from you post-pandemic. Your client companies are adapting to virtual recruiting, more accepting of remote candidates, and require diversity, equity and inclusion. You must adjust and embrace these recruitment trends to grow your opportunities, develop your skills, and provide the value the market expects in a post-pandemic world. Read the rest of this entry »
For Today’s Recruitment Marketplace: Some Thoughts & Reminders
by Veronica Blatt
Today’s guest blogger is Jim Lyons, JD, CPC of LHI Executive Search in the New York City area. LHI is an investigative executive search & research outsourcing firm covering the information technology, capital markets, private equity/venture capital, digital & social media, mobile, cloud, big data, and legal business sectors. Jim has been an NPAworldwide member since 2012 and is currently serving as the chairman-elect of the Board of Directors. Below he discusses the candidate-rich recruitment marketplace we are in.
It should come as no surprise to you that we are in a crazy SUPER CANDIDATE’S MARKETPLACE.
Today’s recruitment marketplace no longer distinguishes between “passive candidates” or “candidates in the market.” Top talent, whatever the source, is the order of the day. Read the rest of this entry »
Placement Activity Hot Globally
by Veronica Blatt
Placement activity is hot globally among NPAworldwide members this year. With an extreme talent shortage, candidates are in charge. Salaries are increasing rapidly, with salaries above US $100K per year up roughly one-third compared to last year. Not only that, this salary level is now the leading sector for split placements this year. The largest fee shared so far this year is a whopping US $125K, which is at least partly due to a very high salary. Read the rest of this entry »
PEO vs. EOR: Learn to Stop Worrying About Compliance and Love Growing Your Business
by Veronica Blatt
Today’s guest blogger is Michele Medley. She manages all client engagement for Headcount Management, a global leader in back-office solutions for staffing agencies. Services include Employer of Record (EOR), Agent of Record (AOR), IC compliance, payroll funding/processing, workforce deployment, global expansion, administrative outsourcing, workers compensation, GL insurance, HR support, risk management, and more. Headcount has been helping recruiters and staffing firms make contract hires since 2008 in all 50 states.
Mitigating risk, remaining compliant, and paying employees are all top concerns for business owners across every vertical. No matter the organization’s size and scope, entrepreneurs often assume they must manage essential employee functions such as human resources and payroll internally. However, they quickly recognize that maintaining accurate and efficient payroll and HR functions is far more complex than anticipated. Read the rest of this entry »
Be a Consultant, Not an Order-Taker
by Dave Nerz
Much of what you will read here is easy to say and so much harder to do. I realize that. But to be successful over the long-term, you will need to take this kind of action more often than perhaps you would like. My message, stop being an ORDER TAKER and be a CONSULTANT to your clients. Read the rest of this entry »
6 Clues to Identify a Back Door Hire
by Veronica Blatt
Today’s guest blogger is Wilson Cole. He is the CEO of BackdoorHires.com and Adams, Evens & Ross, the nation’s largest credit and collections agency designed exclusively for the staffing and recruiting industry. In 2008 he was inducted into INC Magazine’s, “INC 500” for being the CEO of Adams, Evens & Ross, the 307th fastest-growing privately held company in America. Adams, Evens, & Ross has helped more than 3,000 staffing and recruiting firms recover more than $1 billion in past-due debt and is an NPAworldwide Endorsed Program.
The first clue can be observed in what the candidate says. When prompted to take an assignment at a company, if they respond that they previously tried to get hired there in the past but never heard back or that they receive recruiting emails from the company but never respond, those are telltale clues that a back door hire could be on the horizon. Read the rest of this entry »
Trends in the Current UK Recruitment Market
by Veronica Blatt
Today’s guest blogger is Simon Bliss, Chairman of TEAM (The Employment Agents Movement) in the United Kingdom. TEAM is the largest independent networked group of recruitment and employment service providers in the UK. Today Simon addresses the talent shortage and other impacts on the UK recruitment market.
As we find ourselves 15 months on from the beginning of the first lockdown restrictions here in the UK, we are now starting to see the eagerly anticipated bounce within much of the recruitment sector. From my discussions with hundreds of business owners, most markets have recovered, and businesses are now experiencing levels similar to those pre-COVID with a significant volume of live roles hitting the market over the last couple of months. Read the rest of this entry »
Global Hiring to Accelerate in Q3
by Veronica Blatt
Manpower Group has released its global hiring survey data for the upcoming quarter. More than 45,000 employers from 43 countries participated in the survey, which seeks insight on hiring intentions for the upcoming quarter. Payroll gains are anticipated in 42 of the 43 countries represented, with the remaining country anticipating hiring to be flat. Additionally, these hiring gains are predicted to be stronger than the previous quarter. Read the rest of this entry »
Recruitment is at a Fork in the Road
by Dave Nerz
The headline sounds like the opening line to a joke. The changes underway in recruitment styles and process are nothing to joke about. Here is what I see based on a view of recent years and daily conversations with recruiters. Read the rest of this entry »