Boston is one of top cities for recent college grads

An annual list of the top 10 best cities for recent college grads ranks Boston as #3.  The survey was compiled by CareerRookie.com, CareerBuilder’s college job search site, and Apartments.com and the list is based on the job market and cost of living in cities across the country.  Boston follows Hartford/New Haven (#1) and Cleveland (#2).  More good news for job-seeking college grads: CareerBuilder reports that 46 percent of employers plan to hire recent college graduates this year – up from 44 percent in 2010.

Recruiting: Knowing your sources

Knowing what sources bring prospects to your organization is quite important to companies with ongoing hiring needs. If you know what is working, you can direct more resources toward these successful sources and/or save money by reducing expenditures on low-yielding sources.
Unfortunately Source of Hire Data is Typically Wrong

Most HR professionals I speak with feel their source of hire data is inaccurate and they want to know how to improve their system to capture the correct information. In getting to the solution, we first need to understand why the data is wrong; some of the typical reasons include:

  • Recruiter apathy –Not all recruiters value the source of hire information, therefore coding applicants accurately is just not important to them. For instance: maybe coding activity is done inconsistently, maybe it is not done at all, maybe the first drop-down selection for source of hire is picked.
  • Incentives/conflict of interest – If management values a particular source over another, recruiters may provide biased responses. Some recruiters even think the information will be used against them, or to make them seem less necessary.
  • Inconsistent system – If the way the question is posed to candidates is inconsistent, the results will be less reliable. Who is asked (recruiter vs. applicant) and when it is asked matters.
  • Applicant bias – Applicants may tell you the answer they think best positions themself to get the job. If you record the response at the wrong time you run this risk. For instance, the applicant that has been desperately calling for weeks and applying to multiple corporate website postings might think they have a better chance of landing the job if they say a recruiter called them.

An Easy and Effective Solution = Ask the New Employee Post-Hire

New employees will respond more thoroughly to questions because they often want to help their new employer. Furthermore you are getting the information straight from the source without any recruiter bias or apathy.

I would suggest asking the new employee during onboarding. First explain why you want the information to get maximum cooperation. I recommend not limiting possible responses to just one answer. Instead, provide choices of multiple factors based on responses from past hires and also leave a blank field. If the new hire does have multiple responses, ask for the responses to be ranked.

Two questions on source are necessary:
1. What source originally made you aware of our company?
2. What source made you aware that we had a current opening in your field? Or, if you were not aware of an opening, what source made you think to contact us? Or if we contacted you, what was the source of contact?

Lastly, don’t forget to ask for referrals. The best time to ask is when a new hire starts employment. Correction, the best time to ask is anytime, but it is really effective to ask new hires.

Aaron Green is founder and president of Boston-based Professional Staffing Group and PSG Global Solutions. He is also the vice chairman of the American Staffing Association. He can be reached at Aaron.Green@psgstaffing.com or (617) 250-1000.

Professional Staffing Group Releases Quarterly HR Planning Survey

Each quarter, Professional Staffing Group surveys approximately 100 employers on their HR efforts and outlook. PSG’s July survey of Massachusetts employers shows the following:

  • Planned employee headcounts level off
  • Compensation increases also level off
  • Employers continue to hold the line on expenditures
  • Continued budget increases for training
  • Recruiting becomes more of a concern

Contact Professional Staffing Group if you want more information.

Internally Mobile Workforces

Giving employees opportunities to advance their career by moving up or even moving laterally to other jobs in an organization is a good way to maintain employee engagement and retention.

Now is the time

As this recent Boston Globe article points out, nearly two-thirds of workers want to leave their current position.  About the same numbers of employers say they’ll be hiring this year, according to a quarterly survey of HR professionals conducted by my firm, Professional Staffing Group.

Internal mobility can be a win-win for employers and employees.  It gives employees relief from a job they may have grown tired of without forcing them to give up the security of their current workplace.  It gives employers a way to place experienced workers, who are already accustomed to the company and may have a shorter learning curve, without the expense of recruiting and training new external workers.

Most Companies Don’t Handle Mobility Well

Many organizations do not handle internal mobility well and therefore pay the price in terms of employee turnover.  Such organizations cling to the hope that the employee will be satisfied in his or her current job or they let company politics come in to play and allow managers to block transfers.

Best Practice Recommendations

Have realistic expectations – It is important not to hold internal job candidates to unreasonable standards, expecting them to be the perfect fit.  Companies risk doing damage to their culture when they reject an internal candidate then turn around and hire someone from the outside who is not any more qualified for the job.  Sometimes knowing too much about internal candidates can get in the way; you know more about internal candidate’s flaws as compared to external candidates who don’t try to show you their shortcomings in the interview process. Unless the flaws are critical and impact the employee’s ability to do the new job, don’t let minor shortcomings stop you from making the transfer.

Ensure company culture and senior management support the initiative – Senior management’s visible support is necessary to develop and maintain a culture that allows for and even encourages internal mobility.  Without high level senior management commitment to mobility, internal politics can take over and managers can block transfers or even discussions of transfers.   Senior management should reinforce the long term benefits (retention and job satisfaction) of maintaining a culture that encourages internal mobility.

Make it easy –Most barriers that companies construct around internal hiring are well-intentioned; they are designed to prevent inter-departmental poaching and to promote transparency. But they can also make it restrictive for employees to take advantage of internal mobility and in some cases make it seem easier to look for a job outside the organization. Employers can make internal mobility as easy as possible by eliminating the need for applications, or for updated resumes, or permission from managers when applying to internal job postings.

Market your internal mobility policy –Management should consistently support and promote internal mobility at meetings, through email communications, signage in common areas and any other internal communication opportunities.

Pay internal candidates the same as you would pay an external candidate – Compensation should be in-line with what you would expect to offer an external candidate with similar qualifications.  In other words don’t lower the compensation just because your internal transferee is currently making less money; such actions serve to motivate employee to look for external opportunities.

Aaron Green is founder and president of Boston-based Professional Staffing Group and PSG Global Solutions. He is also the vice chairman of the American Staffing Association. He can be reached at Aaron.Green@psgstaffing.com or (617) 250-1000.

 

Unemployment Rises to 9.2 Percent

Yesterday’s report that weekly jobless claims were lower than expected and the number of private sector jobs added to the economy in May was higher than expected is countered by today’s disappointing news on the June unemployment rate.  Only 18,000 jobs were added to the economy in June, the fewest number added in 9 months and the national unemployment rate rose to 9.2 percent.

Read more here.