The NYSA News
Nov. 29, 2011

Top 10 dumbest things recruiters do
ERE
Several weeks ago ERE began a discussion about the dumbest things recruiters do. After staffing industry members offered feedback via social media platforms, website polls and a recent conference, the winning opinion has emerged. The No. 1 dumbest thing recruiters do is ...More

Best candidate experience: Boldly go where no CV has gone
Recruiting Trends
Staffing firms spend an enormous amount of time and money branding their business to potential candidates. Yet many companies experience a syndrome that drastically affects the candidate's experience with the brand. In a down economy, your candidate engagement strategies don't need to change, necessarily — they just need to be firing on all cylinders.More

SHRM poll: Companies hiring to replace workers lost in recession
Society for Human Resource Management
A two-part series examining data from SHRM polls is shedding light on how the economic recession continues to affect U.S. employers. According to the report, 73 percent of organizations are in a hiring mode, with 58 percent of those hiring direct replacements for jobs lost since the recession began.More

Before leaping on the metrics bandwagon, define it
Staffing Industry Analysts
Everyone's talking about metrics in the staffing industry. From time-to-fill to submittal rates to open rates and more, the verbiage is being tossed around. But the very people touting metrics should know metrics can be one's worst enemy if they are not defined to measure the critical performance indicators that are important to the business. More

John Purcell: Risk managers in demand at big banks
Bloomberg via The Washington Post
John Purcell, founder of London-based executive search firm Purcell & Co., talks about hiring and bonuses in the financial services industry.More

Survey: Europe, politics weigh on US hiring outlook
Reuters
More U.S. employers are curtailing hiring plans than six months ago because Europe's economic problems are affecting their confidence about the U.S. economy, according to a twice-yearly survey by Dice Holdings Inc.More

Wall Street pay, bonuses to plummet in 2011
MSNBC
Year-end bonuses, a beloved perk for many Wall Street employees, are expected to plummet by as much as 40 percent this year, according to a study by executive search firm Options Group in The Wall Street Journal. Annual compensation for workers at Wall Street firms could dip by up to 30 percent, and the areas that will see the biggest drops include currencies, commodities and bond trading, the study showed.More

How's your talent doing?
Talent Management
Assessments are expanding beyond the pre-hire arena into succession management and talent development. Soon these tools will offer leaders on-demand analytics capability.More

For smaller firms, recruiting costs add up
The Wall Street Journal
Large firms see a significant scale advantage when it comes to recruiting costs per new employee, according to a study from Bersin & Associates, a human resources advisory firm. Companies with more than 10,000 employees worldwide pay a median amount of $1,949 per hire, compared with midsize companies, which pay $3,632, and small firms, which pay $3,665.More

New York markets lose businesses to recession
The Business Review
A new analysis by On Numbers shows 93 percent of the nation's urban markets suffered declines in business activity after the onset of the recession. In New York, Albany lost 172 private-sector businesses, while almost all metro regions in the state suffered similar setbacks. However, Olean, Ithaca and Elmira posted positive numbers, gaining businesses during the recession.More

Salaries posted for state workers earning $100,000 or more
The Business Review
The Business Review has created a searchable database of New York state employees who earned $100,000 or more in 2010, using data obtained in a Freedom of Information request.More