It can often be difficult for hiring managers and human resources professionals to handle the complex task of employee retention. With ever-changing job market conditions, it’s important for businesses to stay competitive when it comes to keeping their best talent. In addition to offering competitive salaries and benefits, companies can also focus on training and development strategies to show their employees that they care about their growth. A solid training and development plan is essential for ensuring job satisfaction amongst current employees while attracting future candidates. Read the rest of this entry »
Employee Retention: Strategies to Promote Job Satisfaction
by Veronica Blatt5 Tips for Making the Most Out of Networking Events
by Veronica Blatt
As a recruitment agency owner, networking events are an essential part of your business development strategy. Attending these events can provide new opportunities and open doors to valuable connections that can boost your business growth. Networking events can be an excellent source of inspiration, knowledge, and support for any entrepreneur. In this blog, we will share some helpful tips on how to make the most out of networking events and maximize your chances of success. Read the rest of this entry »
Utilizing Artificial Intelligence in Recruitment
by Liz Carey
Artificial Intelligence (AI) technology has become increasingly important in recruitment and is being adopted by many businesses and recruiters, as it can bring advantages to both the candidate and hiring organization.
AI in recruiting offers a range of benefits, from reducing bias to streamlining processes. Automation of some parts of the recruitment process means that recruiters have more time to focus on more nuanced areas such as candidate fit, organizational culture, and team dynamics. AI is also able to analyze large amounts of data quickly so that recruiters can find deeper insights about the candidates they are looking for. Read the rest of this entry »
Healthcare That Helps
by Veronica Blatt
Today’s guest blogger is MyHealthily. NPAworldwide has partnered with MyHealthily to offer access to complete health insurance options. MyHealthily works with 130+ healthcare coverage carriers across the United States to ensure the most plan options possible.
When was the last time you felt taken care of by your healthcare coverage? When was the last time you were comfortable making an unrushed and fully informed decision when it’s time to renew your coverage? When was the last time you got money back from your health insurance carrier? NPA Healthcare is here to show you the light at the end of the tunnel and give you total control of your healthcare. Through them, you can find simple healthcare coverage that you and your team understand and know that your best interests are at heart. Read the rest of this entry »
Managing Remote Workers: 4 Tips For Success
by Veronica Blatt
Today’s guest blogger is Mark Arrow. Mark is the CEO/President of Headcount Management. Besides being an NPAworldwide vendor, speaker and staffing industry advocate, Headcount currently services multiple NPA clients. Headcount is a leader in back-office solutions designed specifically for staffing agencies.
Headcount makes doing staffing deals (also known as: contract, temp, contingent) simple for NPAworldwide members. Essentially, once candidates are placed, Headcount will professionally onboard, insure and payroll employees. Headcount also invoices clients (with your agency’s branding), accounts for all monies, provides detailed KPI’s and profit reports…and of course, profits. The Back Office, their newest initiative, is the industry’s easiest way for agencies to produce weekly payroll, invoices, and profit reporting via agency insurance and funding.
Since 2008, Headcount has helped staffing firms across all 50 states mitigate liability, reduce costs, and maintain full hiring compliance. Here are some testimonials.
The COVID-19 pandemic and its associated lockdown restrictions served as a catalyst for the remote work trend. In the pre-pandemic landscape, only 6% of the workforce exclusively worked from home, while approximately 25% engaged in remote work on a part-time basis, meaning 75% of employees had little to no experience with remote work. Read the rest of this entry »
It Takes Too Long to Hire
by Dave Nerz
The saying is “that time kills all deals.” That may be true and yet employers are taking too long to hire. According to data collected by the Josh Bersin Company, data from a half million hires in 2022 and 2023 shows an increase of a full day being added to the average time to hire in the first quarter of 2023 alone. So, what is the cause?
The shift from hybrid and remote work can cause candidates to consider employment changes more carefully. Employees who were working from home may see the move to an in-office requirement as a concern. Concerns and questions lead to extended conversations and reassurance takes times. Obviously, you still want top candidates and if it takes a few days to overcome concerns, it is time well spent. Read the rest of this entry »
Maintaining Recruitment Revenue in a Challenging Job Market
by Veronica Blatt
Today’s guest blogger is Phil Chappel of P. Chappel Associates in Basking Ridge, NJ. Established in 1996 and a member of NPAworldwide since 2003, P. Chappel Associates is a boutique search firm specializing in the software and electronics technology sector—recruitment and placement of engineering, design/development, management, marketing/sales, manufacturing, etc. professionals. Phil is currently serving on the NPAworldwide board of directors. Below, he shares his thoughts on how strong relationships can help you maintain recruitment revenue during an economic downturn.
Recruiters need external partners and a large, solid client base to maintain recruitment revenue in challenging job markets.
My intent was to talk about the importance of having external recruiting partners in a down job market, but it has been written about many times recently. Even though I will address that, I’ll also include the importance of having many clients and why it is imperative to have both of these in place during good markets so when downturns hit, you can leverage these relationships.
Whether you are an independent recruiter or in any size recruiting firm, if you have not been in the recruiting field for at least several years, you have not seen a market downturn. Even though the slowdown of 2023 will likely be a blip and certainly nothing like what we experienced 15 or so years ago when many firms went out of business, you still may have to tighten your belt. The good news is that there is still business out there and if you have been preparing for a time like this, you can make it through successfully. Read the rest of this entry »
Global Hiring Outlook +28% for Q3
by Veronica BlattManpowerGroup has released the findings of its newest quarterly Employment Outlook survey. Employers participating in the survey report a net global hiring outlook of +28% for the upcoming quarter. This is down by 4% on a year-over-year basis, but a 5% improvement (+23%) compared to the previous quarter. The net outlook is derived by subtracting the difference between the employers who expect to increase hiring (43%) and those who anticipate reductions (15%). Read the rest of this entry »
Best Practices for Payment Monitoring: Tips and Strategies for Success
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. Read his post below to learn a good payment monitoring system is critical for your business.
For businesses of all sizes, payment monitoring is essential to financial management. By closely monitoring payments, businesses can identify issues and opportunities, prevent fraud and losses, and maximize profitability. However, payment monitoring can be complex and time-consuming, particularly for businesses that process large transactions.
To help businesses optimize their payment monitoring efforts, we’ve compiled a list of best practices, tips, and strategies for success. Whether you’re a small business owner or a financial manager for a large corporation, these tips can help you improve your payment monitoring processes and achieve greater success in managing your finances. Read the rest of this entry »
Connected Recruiters Weather Disruptive Economic Cycles
by Veronica Blatt
None of us are totally sure what’s happening with the economy at the moment. In some ways, a recession seems likely while in others, not so much. Regardless, there are definitely some hiring sectors that have contracted a bit and overall hiring is somewhat slower than a year ago. So how you can best be prepared to survive a bumpy ride? In our almost 70 years of experience, we have repeatedly seen that connected recruiters are better able to withstand economic downturns. Read the rest of this entry »