Way back in 1998, a year-long study conducted by a team from McKinsey & Co. found that the most important corporate resource over the next 20 years would be talent: smart, sophisticated businesspeople who are technologically literate, globally astute, and operationally agile. And even as the demand for talent went up, the supply of it would go down. They called this study the ‘War for Talent’.Read More
"One of the consistent challenges in hiring today is that JDs are built on existing talent, and based on JDs built years ago, instead of looking at what the candidate willbe doing in the role in the future." - Amit Avasthi, Global Head Human Resources, CeleritiFinTechRead More
"Today we are looking at a Cold War with regard to talent, and data is our secret weapon to be prepared for it.
But even in the age of data and automation, it’s important to remember the art of recruitment."
- Ravi Bajpai, Senior Manager - Talent Acquisition at ATOSRead More
Do you know why you’re finding it hard to close jobs?
- Are you finding it hard to discover relevant candidates?
- Are candidates not responding positively or at all?
- Is there a high drop off rate through your interview process?
- Or, after everything going according to plan, on Day 1 — candidates don’t show up!
In 2003, Oracle India was one of the companies setting up base in India as they expanded their international operations. The numbers at the Indian arm of the tech behemoth grew from 2,000 to nearly 38,000 - in part through acquisitions and referrals, but the recruitment requirement itself was often 300 to 400 hires, across business lines per week.
And they had four recruiters.
Research has found that in today’s candidate market, 75% of the talent pool is passive. And if you are looking to hire for a critical position, 95% are passive.Read More
Is there anything more frustrating in recruitment than candidates dropping off after an offer has been made? According to one distraught Director of HR, candidate backtracking can cost a team months of effort. Not to mention the cost of the 'almost hire'.Read More
In our weekly Twitter chat #TalentTalk, we ask HR thought leaders, influencers and game changers for their opinions on HR related trends.
This week, we asked them how emerging nations could help create their own home-grown versions of Silicon Valley.
Team Belong has started a weekly Twitter Chat called #TalentTalk, where we invite HR thought leaders, influencers and game changers to better understand the evolving nature of finding talent.
In our first episode, we started right at the top - What is the new age modus operandi for hiring executive talent?Read More