Innovative Hiring Strategies for a Competitive Q4

As businesses prepare for the final quarter of 2024, talent acquisition and retention are top priorities. September marks a pivotal time to implement innovative recruitment strategies and stay competitive.

Review the Roundup:

→ Innovative Recruitment Methods ??

→?The $8.9 Trillion Problem ??

→?September 2024 Labor Data ??

→ Winning Recruitment Marketing Campaigns ??

?? Listen:

Browse through our newly updated list of podcast episodes and audio blogs for expert insights on all things recruitment and talent acquisition.?

HR INSIGHTS

Innovative Recruitment Methods?

Gone are the days of posting a job ad and crossing your fingers—today's talent pool is more selective than ever. To truly capture the attention of top candidates, HR leaders need to get creative and think outside the box.

Our recent blog dives into modern approaches that can help you stand out in a saturated market.?Explore actionable insights like offering unique benefits, hosting engaging virtual events, and how to gamify elements in your recruitment process.?

Check out the blog for a full breakdown of recruitment strategies and how to implement them.??

Read the Blog →?

HR DATA

The $8.9 Trillion Problem: Low Employee Engagement ?

?Did you know that low employee engagement drains a jaw-dropping $8.9 trillion from the global economy annually? And it’s not just about the money—disengaged employees are 60% more likely to feel stressed, which means less productivity and more turnover.

Here’s the kicker: technology, which is supposed to make our work lives easier, might actually be adding to the stress. It’s time for HR leaders to evolve their approach to employee experiences.

?What can HR leaders do?

?Dive into expert predictions for 2025, including the rise of AI, the importance of integrating digital tools, and the growing focus on human-centered leadership.

Read the Blog.

THE LATEST LABOR DATA?

September 2024

?The U.S. economy added 142,000 jobs in August, up from 89,000 in July and below the 161,000 consensus forecast. The unemployment rate ticked down to 4.2%, as expected.

Economic Snapshot:

• Unemployment Rate: 4.2%?
• Employment Level: 161.4M?
• Number of Job Openings: 7.7M?
• Number of Hires: 5.5M?

Get More BLS Data???

Looking for Industry-Specific BLS Data?

Review the latest Healthcare, Manufacturing, Transportation, and Professional Services numbers.

View Industry Data

HR TRENDS

Creative Employer Branding for Talent Attraction

?Did you know that 75% of job seekers evaluate a company's brand before hitting the "apply" button? Creating a magnetic employer brand isn't just a nice-to-have; it's a game-changer for attracting top talent and slashing hiring costs.

Forbes' latest article reveals 20 expert strategies to elevate your employer branding and draw in the best candidates, including:?

• Marketing 101: know your audience, tailor your messaging, and target your efforts directly to your desired candidate.?
• Be authentic: Transparency is your ally. Share your company's purpose and values, and share details that can help candidates connect with your organization.?
• Focus on the EVP: What's in it for the candidates? Highlight your standout perks and unique opportunities to show why your company is the place to be.

Read the Article ??

Achieve Your Talent Acquisition Goals!

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