Workable's HR Newsletter
Money can't buy you love
The Beatles weren't wrong. People want the kind of things that money just can't buy, including at work.
Compensation usually ranks right at the top of the most important attractors that keeps people at a current job or drives them to a new one. But it's not the only thing.
New studies from Vivian Health and Moneyzine reveal that people value other things at work. If you're losing people, you can do something about it.?
------------------------------------------------------------------------------------------------------------
Tutorial: How to choose the right AI recruiting software
AI recruiting software is a technology that leverages artificial intelligence to streamline and optimize the hiring process. It automates tasks like candidate sourcing, resume screening, and applicant tracking, enabling recruiters to identify top talents faster and make more data-driven hiring decisions.
------------------------------------------------------------------------------------------------------------
Template: Employee handbook template
An employee handbook is a comprehensive document provided by a company to its employees, outlining policies, procedures, expectations, and guidelines for their conduct, benefits, and rights within the organization. A well-written employee handbook makes a huge difference at work.
------------------------------------------------------------------------------------------------------------
领英推荐
Check your Pulse: July's Hiring Report
Our monthly Hiring Pulse report is based on SMB hiring trends across the Workable network. See how your own business compares to the overall.
Main highlights
The three main highlights for this month’s Hiring Pulse are:
1. Time to Fill
For this report, Workable defines “Time to Fill” as the number of days from when a new job is opened to when that job opening is filled. It’s important to understand that definition: jobs that are still open as of the end of June are not included in this graph as they don’t yet have an “end date”. Only the jobs that are?filled?are included here.
Quick clarification, because people are asking: the data in this chart shows?the trendline against the 2019 average?as an index of 100, not the actual number of days in TTF.
Got that? Good. Let’s have a look at the monthly TTF trend through to the end of July against the average of 2019, based on jobs that have been filled:
Hiring Pulse: Time to Fill trend for jobs filled ending July 2023
We?want?to have a story here, but there’s not much to tell. Ultimately, July’s TTF trend sits at?82.6, which basically marks the fifth consecutive month of relative stability where it hits?84.3?at its highest point and?81.2?at its lowest point.
But you deserve an insight here, so here’s one: looking at last year, we see the same trend where the TTF trend hovered between a high of?93.2?and a low of?90.8?over an eight-month stretch from February to September 2022 before finally dropping to the higher 80s for the rest of the year.
These two time brackets are actually the most stable the TTF trend has been in our dataset dating back to the start of 2020 – apart from a few three-month stretches here and there, it’s been a regularly undulating trend month-to-month over the past three and a half years.
Want to see the trends for Job Openings and Candidates per Hire? Head to our site to read the rest of the August report .
------------------------------------------------------------------------------------------------------------