Insights, Ideas, Results
Ever wondered how executives get recruited for the positions they occupy? Well, if you did, then the people at Pierce Grey, the executive search and recruiting firm, have got you covered.
They’ve come up with a handy infographic that covers all the major angles of the executive hiring process and all the steps leading up to it. In fact, you can check out the infographic itself right here, on their website.
Now, let’s get down to a summary of the details.
Competition in the job market, especially among highly skilled positions like engineers, can force people into positions they take out of necessity. Some of these positions pay well, others offer great benefits, but few offer the whole package. You’re more likely to find these opportunities at a startup, but you trade some of the financial incentives for more fulfilling work. Companies with fewer than 500 employees are engines of job creation.
Here is how you can get in with the right crowds.
Running a small business means getting the most out of all available resources. From staff to office space, finding and recruiting the right people and the right environment are integral to the success of any small business. It is not easy to find those employees who will take your business to the next level. The first step is to understand your needs and, in turn, document the types of candidates that will help you meet those needs. Here are some important things to look for when searching for the ideal candidate for internal audit compliance jobs.
If you’re to succeed as a business then your employees need to be happy, motivated and feel like they’re part of a team. The best way to achieve this is by organising corporate events and days out. They encourage employees to bond and get to know each other. This will boost morale and allow their productivity to improve.
When it comes to hiring employees what do business owners value more – experience or fresh ideas? In other words hiring experienced employees or young ones? Both can be useful in their own right. Experience can help avoid mistakes that someone would make when he doesn’t quite understand all nuances of business. On the other hand fresh ideas are the lifeblood of any business. Without them businesses will not be able to compete in this hypercompetitive world. Many business owners are on the fence about hiring young employees because they think that they are not quite reliable. They tend to make mistakes hurting the business in terms of lost customers and sales. However, as I will discuss below hiring young employees does have its advantages.
There are two sectors of the economy that are supposed to be impervious to unemployment – healthcare and information technology. Tech jobs are supposed to be a constant employment source given the proliferation of mobile computing and the growth of cloud computing. The rise in technical schools, technology boot camps, and IT certifications makes it seem as if the field of technology is only on the upward path.
Overall profits reported by technology companies in the last few years also indicate steady growth in information technology. While not moving as fast as the dot com bubble of the 1990s, industry earnings doubled between 2008 and 2012 and reached over $182 billion in 2012. All predictions had previously indicated that 2013 would also see growth. The forecast was for 7 to 10 percent growth for the entire industry. So many were surprised in 2013 when powerhouse companies such as IBM, Cisco, and even Zynga laid off thousands of workers worldwide. The reasons cited were lack of growth, falling stock prices, a need to restructure, and shift to focus on core products. Two startups blamed the market, stating that buyers weren’t ready for their offerings.
Read on to see the worst offenders in IT job losses and the reasons given by the companies.
Work-life balance is not something that is on top of mind for many entrepreneurs and small business owners. After all, when you have customers expecting immediate response, employees asking for help, vendors waiting for payments, all at the same time how can you even think about taking time off from work. Life can wait until you have established your business. Once you have put the business on the right path you can go back to enjoying the life, right? Wrong. Let’s face it. When you are running a small business will there ever be time when you will not need to take care of this?
It is said that leaders are not born, but made through hard work and dedication. It takes different types of skills to advance in your profession and be a true leader that everyone admires. Unfortunately, these “soft skills” are not taught in the classroom. You have to learn these skills on the job and by seeking advice from friends and professional colleagues. The good news is these skills can be learned, and once you master them the payoff is significant in terms of promotion and pay increase / bonus. You don’t even have to wait till you get a job to learn these skills. You can teach your school going kids these skills to give them jump start on their future careers. After all, you need a combination of school education and soft leadership skills to get hired and advance in the career.
How your business is organized can have a major impact on the outcome of your business. Business organizations have morphed in many different ways from the early 1900’s when Henry Ford invented an assembly line. Even today, you are likely to find different organization structures in different parts of the world as well as industries. The way Google is organized and operates is quite different from how organization is structured at GE. A new organization structure concept based on the principle of Service Oriented Architecture (SOA) is a different way of thinking than the traditional hierarchical organization.
What does it take to grow a company from startup to small business? Growing a business isn’t simple. Entrepreneur need to take care of many facets of the business to ensure it is ready for the next phase. One of the most critical aspects is to put together a team of people that can handle the pressure and is ready to make the transition. That is why HR plays a crucial role in this phase of the start-up. Whether the start-ups have a formal HR organization or is handled by the founder team itself here are five must-haves they identified to take your business to the next level.
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