Accenture employs referral programs as part of its recruitment methods by granting its candidates the ability to recommend others. Candidates can select “Get Referred!” by connecting via Facebook or LinkedIn. Subsequently, the applicant can request a referral from an employee and include it with their application. On the other hand, Google uses employer branding as […]
After a 2015 New York Times article discussed the internal employee grading system practised at Amazon, the company dropped its evaluation method called stack ranking in 2016. This system was introduced by General Electric’s former CEO, Jack Welch, in the 1980s. This forced ranking grades employees against their peers to retain the best talent and […]
A company with organizational goals has 6.7% higher employee pride and 6.5% higher word-of-mouth advertising than a non-goal-oriented company. Take Google — the organization has fierce performance reviews and company goals. At the end of every quarter, Google evaluates results using its OKR framework on a 0-1.0 scale. The goal here is not perfection. It’s, […]
“85% of employers have found applicants lying on their resumes or job applications.” Job seekers are getting savvy every day in presenting their best selves. And that makes it necessary for hiring managers and HR professionals to separate fact from fiction. Also, the EEOC (Equal Employment Opportunity Commission) insists employers be on high alert when […]
When done right, HR integration can transform your workplace dynamics & culture, simplify operations, and help you drive better business outcomes. Well, we have proof! Take CometChat, an enterprise communication platform provider that faced significant HR challenges like a lack of standardization of review tools and increased HR admin load. By implementing an integrated performance […]
Losing $15,000 on a single bad hire? – Worse than a nightmare! 👎 According to the United States Department of Labor, a poor hiring choice can cost as much as 30% of an employee’s first-year salary. For a $50,000 salary, that’s $15,000 down the drain. For this reason alone, renowned companies like Google have implemented […]
Few years ago, IBM began a substantial redesign of its human resources procedures, combining artificial intelligence with internal technologies. This change was not just intended to reduce expenses but also to make HR processes faster, smarter, and more intuitive. For example, their AI-powered virtual assistant now handles hundreds of staff inquiries at once, ranging from […]
83% of organizations say their benefits packages boost worker productivity, and 84% claim these perks help them retain top talent. Employee benefits are no longer just nice-to-haves; they’re must-haves, especially because they shape how companies thrive and attract the best minds. In fact, replacing a single employee can cost between half and 2X their yearly […]
Is your talent management strategy feeling a bit… last decade? It’s time you invest in the latest Talent Management Software (TMS)! Talent management software (TMS) is a must-have tool for companies trying to improve their human resource operations. Projected to reach a massive $23.70 billion by 2031, the worldwide talent management software (TMS) industry is […]
