The New Year’s Itch

I’m willing to guess that a majority of New Year Resolutions involve weight loss and career/job changes.  If so, then January is the apex of retention within a company.  In sales recruiting, we typically see January as one of the premium months for finding sales talent.  Salespeople have completed the previous year’s commission plan and are staring at an empty commission plan. In other words, this is an excellent time to upgrade your sales team. The time to hire is still extended right now in spite of the dire economic predictions of the media.  This week’s Herman Trend Alert email speaks to this point: The activity of job boards is… Read More

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The Young Guns Of VC-Former Googlers

Most people are aware of the insane amount of money Google keeps earning, but the New York Times (h/t Online Media Daily) offers up an article about what the former employees are doing with it.  They are starting their own venture capital firms. What I didn’t know was that this path was blazed by the former PayPal employees a few years ago. Mr. Sacca, 32, joins a growing number of Google millionaires hoping to parlay their newfound wealth into even greater riches by bankrolling technology start-ups. Three years after Google went public, a fast-growing network of company veterans is fanning out across Silicon Valley. Some are joining the venture capital… Read More

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A Headhunting Scam

This story is almost unbelievable.  The scam was set up at AIG and involved a VP of HR.  From Workforce Management (my editing): Federal authorities have charged a former human resources vice president of American International Group Inc. and three accomplices with defrauding the insurer of $1.1 million with phony bills for employee search services. According to a federal criminal complaint, Falcetta moved from Philadelphia to New York to take his job with AIG in September 2005. His duties included managing contracts with employee search firms, and he had the authority to add firms to AIG’s approved list of vendors and to pay vendor bills up to $50,000. Over the… Read More

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Hiring Continues To Expand In 2008

No real surprises from this CNNMoney.com article (emphasis mine): Employers are trimming their hiring plans but still expect to add workers in 2008, according to a survey released Wednesday. Online job search site CareerBuilder.com said its survey of 3,016 hiring managers and human resource professionals in the private sector found that 32 percent of companies plan to increase the number of full-time, permanent employees in the upcoming year. A year ago, 40 percent said they expected to add staff. Slow, steady growth is an ideal situation.  The hiring trend has been on such a torrid pace that finding strong candidates has become an extended process.  I’ve thought for the past… Read More

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Retention Starts With Recruiting

The Herman Trend Alert offers up an excellent analysis of the most pressing topic of today – retention.  I thought this statement was spot on: The Hodes 2007 Workplace Study holds that two factors are critical to retaining valued employees. The first is choosing quality people, not settling for “warm bodies”. The second is choosing people who have long-term expectations of staying with the organization. We encounter companies that have a hire fast, fire fast mentality.  Personally, I think this approach is high risk, low reward and we never condone this approach at Select Metrix.  The second point is an important one also.  If you are looking at a candidate… Read More

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The Spam Trend

This is bad – straight from Online Media Daily: NEARLY 9 OUT OF 10 email messages delivered to large enterprises in November were spam, according to the latest stats from Proofpoint. The Sunnyvale, Calif.-based data security company released its Proofpoint Spam Index and found that while overall spam levels dropped slightly (from 89% in October to 88% in November), large companies were still receiving an extremely high volume of spam–with an upsurge in attachment-based spam of almost every kind. If they think that is bad, they should see how much comment spam a blog can generate.

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More Job Ad Errors

Ok, I know it is a holiday week so people are cruising at half speed, but there is no room for some errors.  Spelling mistakes in the title is inexcusable.  The title is the only information that is displayed on most job boards so you can see the significance of this mistake. The position’s title: Egineer – Mulitple Positions Honestly, I am embarrassed for the company.

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The NHL On New Year’s Day

Ok, there are plenty of college football games to digest this holiday week so why not try something different on New Year’s Day?  We here at The Hire Sense are huge hockey fans and all of our sons play in our local association and high school program. The NHL is a second-tier (at best) league in the US, but they are fairly progressive in their approach to marketing their league.  Online Media Daily has an article titled NHL’s ‘Winter Classic’ Coverage to Include Historic Broadband Firsts. In case you haven’t heard, the NHL will have an outdoor game on Jan. 1 from Buffalo, NY.  I love this idea (they held… Read More

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