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How to show your boss the cost of unfilled roles

How to show your boss the cost of unfilled roles

Whether you are hiring for one open position or one hundred, every unfilled role is costly to your business. Doing the math helps decision makers throughout an organization envision the real financial costs of vacant positions—from C-suite positions to sales vacancies to entry-level logistics and e-commerce roles and everything in between.

How to Calculate the Cost of General Open Roles:

(Total Company Annual Revenue) ÷ (Number of Employees) ÷ 365 = Daily Lost Revenue

 
 
 

Military Hiring for E-Commerce & Logistics

Military Hiring for E-Commerce & Logistics

The rapid rise of the e-commerce industry goes hand-in-hand with the expansion of the logistics industry. Right now, both industries are experiencing the same dearth of talent when it comes to hiring a workforce with the skills, dedication and flexibility they need.  

Hiring military veterans is a smart solution to sourcing exceptional employees who thrive in fast-paced environments.

According to a survey by CareerBuilder, 47 percent of companies hired a veteran in 2016, and 68 percent of hiring managers said if choosing between two equally qualified candidates they would hire the veteran.

 
 
 

Improve E-Commerce and Logistics Hiring with Predictive Analytics

Improve E-Commerce and Logistics Hiring with Predictive Analytics

People propel your business—from website designers to warehouse managers.

From January 2017 to June 2017, the available e-commerce and logistics talent supply met only a portion of demand across all roles. Below is supply and talent demand data sourced from Career Builder’s Insights portal:

 
 
 

Employer Branding for Employee Retention

Employer Branding for Employee Retention

With the spike in e-commerce growth over the past two years, there simply isn’t enough e-commerce and logistics talent to go around.

That means competitors will be calling on your employees. In 2015, Walmart hired away 65 technology professionals from eBay, and in 2016, Target poached a top executive from Amazon to be its chief supply chain and logistics officer, to name a few high-profile examples.

Improve Retention with Employer Branding

 
 
 

5 Ways RPO Benefits Logistics & E-Commerce Hiring

5 Ways RPO Benefits Logistics & E-Commerce Hiring

It’s a candidate’s market.

From January 2017 to June 2017, the available professional-level talent supply met only a portion of demand for e-commerce and logistics roles. Recruiting in this environment can be overwhelming for in-house HR teams who have other responsibilities to manage.

Recruitment Process Outsourcing (RPO) is the right solution when you need to access the best talent in an efficient, professional and cost effective way. As an RPO provider, we become an extension of your team, making hiring easier and more efficient, while you continue to make all the hiring decisions.

 
 
 

Tampa Jobs Market: 2017 Year-to-Date Review

Tampa Jobs Market: 2017 Year-to-Date Review

Whether you’re an executive at a Tampa business in need of a recruitment strategy or a candidate looking for a job, it’s important to understand the realities facing your industry and local economy. Here we’ve gathered the most recent news and predictions for hiring and employment in Tampa:

Strong Job Growth in Florida and Tampa Bay

Florida as a whole added 19,400 jobs in June, making it the top state in the U.S. for job creation for that month. The unemployment rate across the state dropped from 4.3 percent in May to 4.1 percent in June, bringing it to the lowest point in a decade.1 The construction industry is seeing robust job growth, with the addition of 31,000 jobs between May 2016 and May 2017. Over the same period, business and professional services, leisure and hospitality, education and health services also added jobs.2

 
 
 

Boston Jobs Market: 2017 Mid-Year Review

Boston Jobs Market: 2017 Mid-Year Review

Whether you’re an executive at a Boston business in need of a recruitment strategy or a candidate looking for a job, it’s important to understand the realities facing your industry and local economy. Here we’ve gathered the most recent news and predictions for hiring and employment in Boston:

The talent market in the Boston metro area is one of the tightest in the nation. Employment outside of the agricultural industry grew by 42,800 jobs between April 2016 and April 2017. The professional and business services sector experienced the largest employment gains with the addition of 15,500 jobs. The education and health services industries, which together comprise Boston’s largest sector, added 15,100 jobs.

 
 
 

Want an easier way to hire better salespeople?

Want an easier way to hire better salespeople?

Incorporate low-cost, online assessments into your hiring process

Sales people are critical because their success directly affects the health of the organization.

From January 2017 to June 2017, the available sales manager talent supply for e-commerce and logistics met only a portion of demand. Below is supply and talent demand data sourced from Career Builder’s Insights portal:

 
 
 

How to Hire for Flexibility in Logistics and E-commerce

How to Hire for Flexibility in Logistics and E-commerce

The National Retail Federation expects internet sales to expand up to 12 percent in 2017, following a 16 percent growth in 2016. The logistics industry that fulfills those online sales is growing in tandem, and both industries face a steep talent shortfall.

From January 2017 to June 2017, the available e-commerce and logistics talent supply met only a portion of demand. Below is supply and talent demand data sourced from CareerBuilder’s Insights portal:

 
 
 

3 ways to rethink talent development and retention in the new world

3 ways to rethink talent development and retention in the new world

Just as new world organizations are rethinking their structures and the very nature of leadership, so too are they dismantling the age-old approach to talent development and retention. Out go formal appraisal processes, structured career ladders and formal training programs. Instead, they are applying the principles of agility, collaboration and fluidity to the very heart of their talent programs.

So, what should those seeking to develop and retain much-valued talent in the ‘new world’ focus on?

Here are three lessons from the new world approach.

 
 
 
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Hudson is a global talent solutions company. We help transform the workplace and unleash the full potential of organizations and individuals. Our expert team and proprietary tools provide you with unique insights and services that help you maximize your success. Operating around the globe, we deliver a range of recruitment, talent management and recruitment outsourcing solutions to get you and your business where you want to be.