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February 5, 2013
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Essential Articles for Today's Progressive Recruiter.

  Top Story 
  • Wage growth remains sluggish, data indicate
    The government's Employment Cost Index, which looks at employees' wages and benefits, increased 1.9% last year and hasn't surpassed 2.5% since 2008. One reason wage growth has been weak is that health care spending has been increasing at a slower pace since the recession, Peter Coy writes. Bloomberg Businessweek (1/31)
  Economic Trends 
  • Time to deploy cash may be coming for U.S. companies
    Corporate treasurers who plan to reduce cash holdings in the first quarter of 2013 outnumber those who plan to increase such reserves, according to a survey by the Association for Financial Professionals. That could signal a shift out of a period in which companies have been holding on to cash in an uncertain economy. CGMA Magazine (1/29)
  • U.S. economy gained 157,000 jobs in January
    The U.S. economy added 157,000 jobs last month, but the overall unemployment rate still ticked up a tenth of a percentage point to 7.9%, according to the latest Labor Department data. Both figures were slightly worse than economists had expected, but still represent a pretty solid start to the year, writes Neil Irwin. "Add it all up, and the economy seems to be holding up handily at the start of 2013, suggesting no major lingering effects from tense fiscal cliff negotiations," he adds. The Washington Post (2/1) , The Wall Street Journal (2/1)
  • Other News
  Talent Acquisition/Recruiting  
  • 9 secrets of highly successful recruiters
    Some recruiters will be successful regardless of where they work or how much online services such as Monster.com encroach on their territory, Carol Schultz writes. These recruiters excel at basic habits, such as getting on the phone to find candidates, preparing for interviews and ensuring that proper on-boarding processes take place. ERE.net (1/24)
  • Twitter's new search tool may be a gold mine for recruiters
    Twitter's Advanced Search is a powerful tool for recruiters because it enables users to tap into trends and find data specific to topics or locations, Jessica Miller-Merrell writes. "From job boards to job search SEO Twitter is continuously pushing the boundaries on ways that recruiters are able to source and recruit on Twitter," she writes. Blogging4Jobs (1/22)
  • Other News
  Employer Branding 
  • Mars Inc. is out of this world, workers say
    Mars is a secretive company run by a "weirdly reclusive" family -- but the firm's employees aren't complaining. Besides free candy and license to chew gum, workers are kept happy by generous bonuses, mentoring programs and a quirky corporate culture. "At the end of the day, I think there's a strong feeling we're all Martians," says Wrigley President Martin Radvan. CNNMoney/Fortune (2/4)
  Internal Communications 
  • How to stop HR from killing innovation
    Hiring practices can have a big effect on a company's innovation culture, Liz Ryan writes, arguing that pompous and arbitrarily complex recruitment policies mean many firms' hiring practices reward compliance rather than creativity. "The whole encrusted recruiting process ... makes it easy for organizations to hire drones, and it makes it hard for them to hire the brilliant and complex people they need to solve their problems," Ryan writes. Bloomberg Businessweek/The Management Blog (1/23)
  • Companies look to employee referrals for talent
    Many large companies have ramped up their internal hiring efforts since the recession, in some cases looking to get up to half of new hires from employee referrals. Those who support the trend point out that referred employees generally perform better and stay at the company longer than do workers hired from jobs websites. "In the HR world, applicants from Monster or other job boards carry a stigma," HR consultant John Sullivan says. The New York Times (tiered subscription model) (1/27)
  From the Shaker Blog 
  • How SEO tactics can improve your jobs website
    Knowing how Google and other search engines determine whether links are relevant can help you increase the online visibility of your jobs website, Mike Temkin writes. For instance, when creating job titles, choose keywords that people would likely use while performing a job search. Also, keep popular job links active for a while after they close. "We do not want to serve up dead links when we're trying to get the search engines to trust us," Temkin writes. Shaker Recruitment Advertising & Communications Blog (2/1)
  SmartQuote 
To attain knowledge, add things every day. To attain wisdom, subtract things every day."
--Laozi,
Chinese philosopher



 
 
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