Research & Best Practices

Worker Confidence Index Report: First Quarter 2017

The Worker Confidence Index (WCI) increased for the fifth consecutive quarter and set a new level for this study.  The WCI rose 3.1 points to 107.6 in the first quarter, which is 10.9 points higher than one year ago.

In addition, two out of the four components of the WCI – likelihood of promotion and raise – rose by more than nine points, while job stability and trust in leadership slightly declined.

There is also is a dichotomy in worker confidence.  Those feeling secure about their jobs are thriving, but an increasing percentage isn’t even confident they wouldn’t lose their job.  The economy is also a concern.

What else does the report reveal that impacts HR?  Find out by downloading the full report now:

Click here to download the report

Catch Me if You Can: How to Choose the Best Pre-employment Screening Solution

Nearly a third of employers don’t prescreen for trouble.  That’s what a new study shows about background checking.

The stakes are higher now for companies than they’ve ever been. In a tight labor market, there’s enormous pressure to hire more employees quickly; in particular, data and physical security are paramount.

There is also a lack of quantification about the impact of background screening providers. More than three-quarters of study respondents weren’t aware of any formal metrics for measuring the success of their background screening provider service.

Is HR taking background screening seriously enough?  What are the key factors to consider when selecting a provider?  Download the report to find out:

Click here to download the report

Open Sales Territories Mean Lost Revenue – What is the Real Cost of Your Sales Rep Turnover?

The impact of hiring the right sales people at the right time can scarcely be overstated.  Without sales driving top-line revenue, every other part of the organization will fail, no matter how well the other departments have executed their responsibilities. This study shows that while most HR professionals know the cost per hire of a sales representative, they are in the dark about the cost of not hiring quickly.  Despite the high stakes of top-quality sales hires, companies often fail to track the metrics they need to best decide about sales force staffing.  And HR often remains in the dark about the impact of hiring, or not hiring, new members of the sales team. How can you find out what the impacts of staffing levels are at your organization?  Find out by benchmarking against the report and inputting your organization's information into this report's sales recruiting calculator. Continue reading →

EMEA Flash Report: How to Use Talent Acquisition Analytics to Make Better Business Decisions

This recent study shows that all too often talent acquisition analytics and KPIs are not aligned with long-term goals and objectives.  In fact, nearly one-half of respondents said they were entirely focused instead on short-term goals and didn't have a focus on making strategic business decisions. A talent acquisition model that is only moderately integrated into the larger HR strategy cannot fully support the overall business. One step towards alignment is through strategic workforce planning, which provides a flexible connection between operational execution and the future direction of the organization. Which analytics did HR professionals say are the best indicators of success when evaluating their talent acquisition programmes?  Download the report to find out. This is the third in a series of HRO Today Flash Reports. These reports discuss the results of research and editorial papers that address today’s topics of interest in the HR community, and this study was sponsored by WilsonHCG.

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The Growing Crisis in Healthcare Talent Acquisition

Best Practice Solutions Talent acquisition professionals at healthcare provider organizations face enormous pressures. Macro-forces are driving demand for healthcare services – and unprecedented shortages of healthcare workers. The key demand drivers are: • An aging population will need more healthcare. People who are 65+ experience three times as many hospital days compared to the general public. That ratio goes up to four times as many for people 75+. • The clinical workforce is getting older, too, and more practitioners are retiring or moving to a part-time schedule. • The strong economy means more people have jobs with health insurance and money for copays and deductibles. • Shortages exist across the board for nurses, physicians, and allied health professionals in virtually all specialties. The gap of unfilled healthcare jobs continues to grow. • Healthcare industry consolidation is creating large, sophisticated delivery networks that demand top quality practitioners and professionals with skills to work in this new healthcare environment.

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Candidate Attraction and Assessment Using Gamification in APAC

This study shows that the use of gamification in HR is still in its infancy in the APAC region and varies among individual countries. However, it has appeal in both talent acquisition and employee training programs, and is primarily used as a tool for building the company’s talent pool. Millennials are the group exposed to gamification, particularly males.  The concept is an outgrowth of video games, so companies naturally want to interact with candidates in a way that’s familiar to them. This is the second in a series of HRO Today Flash Reports. These reports discuss the results of research and editorial papers that address today’s topics of interest in the HR community, and this study was sponsored by PeopleScout.

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APAC: Growth of Freelancers and Best Practices on How to Attract Them

This recent study shows that the APAC region is growing rapidly, with nearly one-half of respondents anticipating their use of freelancers will increase in the next 24 months.  The use of freelancers over the prior two years also increased, as nearly a quarter of respondents reported an increase during that time.

This is the first in a series of HRO Today Flash Reports. These reports discuss the results of research and editorial papers that address today’s topics of interest in the HR community. The first area examined in this series is Growth of Freelancers and Best Practices on How to Attract Them. This study was sponsored by Allegis Global Solutions.

What else did the study discover and how can you best attract the growing number of freelancers?  Find out by downloading the report now:

Click here to download the whitepaper

The Millennial Advantage: How Recruiters Can Attract and Integrate the ‘Hashtag’ Generation into the Workplace

Communicating, recruiting and managing the millennial generation is among the most pressing issues in the business community.

The primary reason is their numbers—the millennial generation, generally defined as those between 18 and 34, already accounts for approximately 50 million workers in the U.S., or 25 percent of the workforce, according to the U.S. Bureau of Labor Statistics.

That number will increase substantially in the next five to 10 years.  Understanding and communicating with this group properly will be a competitive advantage.

Click here to download the full report

Worldwide Unemployment Snapshot 2016

Because most large companies have locations worldwide, the need to quickly access international employment levels and trends has never been greater. Worldwide employment rates vary greatly, so incorporating this component of workforce planning is vital to a company’s worldwide staffing strategy.

To accomplish this, PeopleScout is partnering with HRO Today to produce a quarterly summary of international unemployment metrics for key countries in North America, Latin America, EMEA and APAC. This report is the snapshot for the fourth quarter of 2016 and also encompasses the full-year report.

Click here to download the full summary with unemployment levels.

Yoh’s Worker Confidence Index – Fourth Quarter 2016

The Worker Confidence Index (WCI) increased to its highest level since study inception, up 4.6 points to 104.5 in the fourth quarter and up 10.3 points for the year. All components of the WCI were up in 2016, with job confidence, likelihood of a raise and trust in leadership all up more than 10 points. The consistent increase in the WCI throughout the year suggests optimism about employee’s faith in their employment situation, and job loss confidence throughout the year corresponds with the U.S. unemployment rate drop to 4.7 percent. In many ways, 2016 was tumultuous. The Dow closed out its best year since 2013, up 13.4 percent for the year to end at 19,762.60. But the result of the presidential election was both surprising and polarizing, and traditionally the market doesn’t like surprises. How the election results will impact 2017 remains uncertain, though as of mid-February, The Dow Jones Industrial Average is up over 20,400. Click here to download the report.

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