Web/Tech

Nexxt Provides Solution to Help Companies Build Their Talent Pipelines

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Nexxt’s Talent Communities service helps companies build their talent pipelines. According to a recent survey, 53% of job seekers said talent communities are a great way to submit information to a company without committing to a specific opportunity and 77% of job seekers said they are interested in becoming members. Accordingly, Nexxt’s Talent Communities offering can make that happen.

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Why Talent Sourcing is a Never-ending Job

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If your company is such a great place to work, then why does talent sourcing continue to be an ongoing challenge? In a job market that was just flipped upside down—went from hard to source talent to not so much, but it could easily change again, and regardless of the job market, sourcing talent should never end. Technology and generational factors all play a part in attracting—and retaining—talent at your organization. Here are some possible recruiting blind spots your team may not be aware of.

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Best Practices for Conducting Virtual Interviews

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I remember—way back in the 1990’s—watching Star Trek: Next Generation and thinking “Yeah, right! As if there’d ever be a time in the future when people regularly talk via video screen!” Boy, was I was wrong! It is now more normal than ever—and growing in popularity with every passing day. With the overall impact of COVID-19, many employers are utilizing video interviewing in their hiring process, and if you’re looking to hire someone—a virtual “face-to-face” interview is likely in your future.  While we haven’t reached the age of spaceships yet, there are plenty of ways to ensure that you get the most out of conducting a virtual interview.  Here are some helpful ways to harness this newfangled normal to your advantage!

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Coronavirus Will Test How Well Companies Will Function with The Increase of Telecommuters

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With the mass hysteria about the outbreak of the COVID-19 aka the Coronavirus, a lot of major companies are asking their employees to work from home in an effort to try and lessen the spread of the virus.

Microsoft recently asked its employees in Silicon Valley and Seattle to work from home, as did Facebook and Google. Amazon asked its employees worldwide to stay home if they can. Even schools and universities are closing and asking students and teachers to carry on with online-courses instead of meeting face-to-face.

Given the mass amounts of employees now working from home, the effectiveness of telecommuting is being tested for the first time on a large scale. It has been talked about for the past 20 years as being the next new wave of work culture, as telecommuting has been found to have a lot of benefits for companies and employees. Even though the amount of those who work from home has increased immensely (in recent years with around 43% of American’s work remotely) the world has never seen this number, until now.

So, how exactly does telecommuting benefit not only companies but also employees as individuals? Here are some ways telecommuting has been proven to be beneficial.

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How to Develop a Talent Pipeline

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Replacing employees is expensive.  The 2017 retention report says that it costs about $15,000 to replace an employee making $45,000.

To save on high costs, energy and resources, your team needs a talent pipeline.

A talent pipeline is a group of professionals who are ready to fill future positions that your company will need. It requires the act of switching from passive recruitment to active recruitment. Meaning, instead of waiting until an employee gives their two weeks, you are consistently in the recruitment process.

Talent pipelines are important to have in place to fill hard-to-replace positions like upper management or jobs, like sales, that have high turnover rates.

You can start by steadily planning the future structure of the company and building a network of professional relationships. Be strategic and follow these 5 talent pipeline recommendations.

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The Hidden Costs of Hiring

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Hiring skilled employees results in the company making more money, right? Perhaps in the long run, but throughout the hiring process you’ll need to be prepared for some hidden costs that can really add up. Let’s go over some recruitment costs that you’ll want to consider before beginning your hiring process.

Time and money are the easy hiring costs to identify. Dedicated HR staff compensation can be pretty costly per year, and less cost effective for smaller businesses. If your business is too small for a dedicated HR team, you’ll likely need to assign recruitment work to other employees in the office, which eats up time that could be spent on their normal day to day activities. Additionally, creating advertisements for the position takes time and planning, as employee qualifications need to be carefully considered before posting the position. Apart from time, the advertisements themselves can also be upwards of a few hundred dollars per day. If your ad is poorly written, it can deter the right candidates or bring in the wrong candidates, resulting in a longer hiring process in which the ad cost per day really starts to add up. On top of these costs, you’ll also be spending money on any equipment the employee will need, such as laptops, tablets, software, and other supplies.

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Nexxt Announces Enhanced Text2Hire Conversation Product

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We at Nexxt are excited to announce a software upgrade to our Text2Hire Conversation product!

According to a survey, only 14% of the workforce is actively looking for a job, but 73% are open to receiving new job opportunities via text message. Nexxt’s Text2Hire Conversation allows clients to start dialogs with targeted groups of candidates pulled from the more than 8+ million in-demand job seekers who have opted-in to receive text messages about new opportunities and other career information from employers through Nexxt.

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