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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'hiring'

Uncategorized

Big Seasonal Hiring, Growing Headcount Will Make Recruiting Tougher Yet



Hiring plan chart 2014

Hiring plan chart 2014In what could be the strongest finish since before the recession, an increasing number of employers say they intend to hire full-time permanent workers this quarter.

CareerBuilder’s quarterly survey of employers found 29 percent of them expect to add permanent headcount before the end of 2014, an increase of four percentage points over those saying that last year.

While hiring expectations don’t necessarily translate into action, so far this year more employers have ended up hiring more than what they told CareerBuilder they planned.

Uncategorized

Temp Hiring Helps U.S. Add 248K New Jobs In September



Temp workers Sept 2014

Temp agencies continue to play a key role in creating new jobs, contributing 19,400 to September’s surprisingly strong 248,000.

This morning’s jobs report from the Bureau of Labor Statistics showed hiring was strong across a number of sectors in September, which helped push down the unemployment rate to a six-year-low of 5.9%.  The report also adjusted upward the Bureau’s counts of hiring in August and July, increasing both by a combined 69,000 jobs. August’s initial anemic 142,000 estimate, which surprised analysts and prompted worrying about a hiring pause, was upped to 180,000.

Uncategorized

ADP Says 213,000 New Private Sector Jobs In September



ADP employment for Sept. 2014

ADP employment for Sept. 2014

With the announcement this morning that September’s private company payrolls grew by 213,000, economists are optimistic it foreshadows an even more robust government report due Friday.

HR services and payroll processor ADP and its partner Moody’s Analytics, said 213,000 new jobs were created in the private sector last month, up from August’s revised 202,000 estimate, and just above economists’ predictions of about 209,000.

“All the leading indicators for the job market look good,” said Mark Zandi, Moody’s chief economist. He predicts the Labor Department will report 220,000 total new jobs were created last month, an estimate shared by economists polled by MarketWatch, and not much higher than the Bloomberg estimate of 215,000.

Industry News

Temp, Healthcare, Construction: Bright Spots In Disappointing August Jobs Report



Econ indicators Aug 2014 v2

Econ indicators Aug 2014 v2Only a handful of industry sectors lead by temp, healthcare and construction added jobs in August, the weakest month this year for U.S. jobs growth.

In what can only be described as a disappointing report, the Labor Department this morning said the economy created a mere 142,000 jobs in August, a number far off the 220,000 to 230,000 economists forecast. Unemployment inched down to 6.1% from 6.2%.

It was the smallest increase yet this year, and follows six months of gains over 200,000 jobs each. Going into August, the monthly average gain in new jobs was 230,000.

Temp grew by 13,000 jobs, bringing the year’s total to 124,500 new temp jobs. On average, staffing firms are adding 15,600 new jobs a month this year. That puts the industry ahead of where it was last year at this point, when the average monthly increase was 14,000 jobs.

Industry News

August Hiring Dips; SHRM Predicts Strong Manufacturing Job Growth This Month



Econ indicators Aug 2014 v1

Nonfarm employment compare Aug 2014The hand-wringing over today’s ADP private employment report should not be taken as evidence of any kind of sudden reversal of hiring.

The 204,000 private sector jobs ADP and its forecasting partner, Moody’s Analytics, said were created in August demonstrates that the hiring surge of the last several months still has legs. That the number was less than the 215,000-220,000 jobs economists expected and the lowest count since March, may be disappointing, but the August dip is familiar to any recruiter with more than a few years experience.

Industry News

Temp, Fulltime Hiring Outlook Strong For Rest of Year



Average number of vacancy days dice

CB Mid-year hiring plans 2014Employers are expressing more optimism about the future and it’s showing in their hiring plans for the rest of this year.

CareerBuilder’s Midyear Job Forecast says more employers expect to add headcount in the next several months than said that last year. Employers told CareerBuilder they will add to the ranks of full and part-time workers, and 33% will increase their temp or contract staffing workers.

In addition, the temp staffing forecast from G. Palmer and Associates predicts a 7.6% increase in hiring in this current quarter.

Ask Barb, Business Development, The Business of Recruiting

Want a Big Biller? Hire A Hotel Caterer



Ask Barb

Dear Barb:

Is it me or is it getting harder to find people who will put in the hours to be good at this job? Out of the five people we hired last year, we only have two left, and they are average. They don’t seem to have the commitment or work ethic that my current employees have; they are out the door at 5:00 pm.

When I suggested they may have to conduct research or talk to candidates during evening hours, I met with resistance and was asked if I paid overtime for evening hours. You would think these people would be grateful for their job and put more effort in to achieving their goals. Is this something I need to tolerate or am I not hiring the right people?

Dave B.

Plantation, FL

Dear Dave:

Industry News

Temp Hiring Slowdown Depresses May Job Growth



ADP adds chart May 2014

ADP adds chart May 2014Slower hiring by staffing firms and others in the Professional/Business Services sector, and job losses at some mid-size companies, depressed  private sector growth to 179,000 jobs in May, far below the 215,000 estimate of economists.

This morning’s National Employment Report, issued by HR service firm and payroll processor ADP, also reduced April’s growth estimate from 220,000 to 215,000.

“After a strong post-winter rebound in April, job growth in May slowed somewhat,” said Carlos Rodriguez, president and chief executive officer of ADP. However, he noted, “The 179,000 jobs added figure is higher than May of last year and in line with the average over the past twelve months.”

For Managers, The Business of Recruiting

When You Set Standards and Manage to Them, Everyone Knows Where They Stand



hiring right 4

Note: This is the fourth article in a series on decreasing turnover and increasing profits. In the previous three articles Terry discussed turnover  (High Turnover Is NOT Just Part of the Business), who to hire (What It Takes to Attract and Hire Recruiting Winners), and setting expectations and training (Your Onboarding Should Not Be Like A Box of Chocolates). 

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Fast-Paced! Volatile! High Risk! High Return! Competitive! Sophisticated! Pressurized! Stressful! Demanding! Exhilarating!

These are some of the terms used by managers to describe our business. However, as with most adjectives, these terms are subjective and can mean different things to different people. That is where performance standards come into the picture.

For Managers, The Business of Recruiting

Your Onboarding Should Not Be Like A Box of Chocolates



Forrest Gump box of chocolates

hiring right 3In our previous two articles (Part one: “High Turnover Is NOT Just Part of the Business“; Part two: “What It Takes to Attract and Hire Recruiting Winners“) we discussed whom to hire and how to attract them to your organization.

In this article, we will focus on one of the most overlooked functions of the selection process, that of establishing realistic expectations for the employment relationship.

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If realistic expectations are not established between you and your new employee a state of mutual mystification will result whereby neither of you will have a clear understanding of what to expect from the other. To begin the employment relationship in a state of mutual mystification is analogous to Forrest Gump’s comments about the box of chocolates, “You never know what you’re gonna get.” This can lead to fear, confusion, anxiety, and frustration on the part of your new employee, which can produce a lack of commitment and effort. Without the proper commitment and effort, failure is assured and turnover will result.