TalentZök’s Post

Attention candidates: Do the thing no one else is going to do! Travis gives tips on what that is and why it's important on today's Tuesdays with Travis. #talentzoktips #tuesdayswithtravis #candidates

At first glance, everything else looked mostly flat, including unemployment (4.1%) and the labor participation rate (62.6%). But beneath the surface, things are getting interesting. As an initial matter, 50% of June’s job gains came from the government, health care and social care. While “jobs are jobs,” it’s worth noting that bellwether sectors—like retail, business and professional services—actually experienced modest declines. At the same time, April and May’s jobs were revised downwards by 111,000, one of the largest downward revisions in recent years. These adjustments are the result of new reporting that affected prior estimates. Compounding this month’s data is recent reporting on workplace trends that we’ve all observed anecdotally. For example, WSJ noted this week that fewer people are quitting … and fewer are getting promoted. Forbes, BBC and NPR have reported extensively on “ghost jobs,” which may represent more than 50% of current listings. And, of course, trends like “quiet quitting,” “quiet vacationing,” “quiet firing” and “stealth layoffs” continue to complicate the hiring outlook for both employers and employees. Like we said, the labor market is weird. But it’s probably also the new normal. Our national teams at TalentZök, Simply Biotech and Defense Search speak with thousands of employers and candidates every week. Based on our conversations, we’re convinced the hiring landscape has changed permanently. Employers who are waiting for things to “get back to normal” might be waiting forever. So, what does this mean for our clients?   We recommend you rethink your hiring process from top-to-bottom to remain competitive in this brave new world. Total compensation is important, but it’s equally important to have a recruitment and interview process that reflects the reality of the evolving employment landscape. Practices that were standard just 10 years ago may no longer be appropriate or effective in today’s market.   If you need advice or support in this process, please contact us. We’re always happy to help. #talentzok #labormarket #employment

Happy 4th of July! According to WalletHub, Americans spend close to $10 Billion on 4th of July food. WOW! Did you know at the TalentZök family of companies we strive to make the world a better place? Part of that mission is directed toward people in our area with food insecurity, therefore, we choose to donate to Feeding America each month. We plan on celebrating freedom by helping other Americans. If you'd like to partner with us on this 4th of July, we will be donating 2,000 meals to Feeding America San Diego, our local Feeding America outreach group. Donate here: give.feedingamerica.org We hope everyone has a safe, fun and happy holiday!

The human touch vs automation. Is one better than the other? Is there a way to balance them for maximum efficiency? Travis, breaks it all down today on Tuesdays with Travis. #tuesdayswithtravis #ai #humantouch #resume #intervies #staffing

Have you heard the saying, "if you're on time, you're late?" Travis talks all about the importance of being on time. #tuesdayswithtravis #talentzoktips #beingontime #staffing

Hiring managers, are unqualified candidates flooding your inbox with their resumes? It's probably because your job postings are too vague...the key...allowing your job posting to screen candidates "in". Travis talks all about it on today's Tuesdays with Travis. #tuesdayswithtravis #interview #hiring #candidates

Our national teams at TalentZök, Simply Biotech and Defense Search speak with thousands of employers and candidates every week. This is what we're finding ... Based on our conversations, we’re convinced the hiring landscape has changed permanently. Employers who are waiting for things to “slow down” might be waiting forever. So, what does this mean for employers?   We recommend employers rethink their hiring process from top-to-bottom to remain competitive in this brave new world. Total compensation is important, but it’s equally important to have a recruitment and interview process that reflects the reality of the evolving employment landscape. Practices that were standard just 10 years ago may no longer be appropriate or effective in today’s market. Most importantly: move fast. If you need advice or support in this process, please contact us. We’re always happy to help. #employment #hiring #staffing #talentzok

Our view was validated in today’s employment report, which showed 272,000 new jobs in May, exceeding economists’ predictions by more than 50%. Today’s report also reflected a 0.5% increase in wage growth, lifting average hourly wages to $34.91, a 4.1% increase over the past 12 months. For the past three years, this compounding wage growth has taken a toll on employer budgets and processes. Employers who fail to update their compensation, job requirements, and hiring processes are finding it difficult to attract and retain top talent.   May’s data on professional, scientific, and technical services is noteworthy for many of our clients. Wage growth in these services has outstripped other sectors, and job growth in these services spiked 70% in May over its trailing 12-month average. We think this increase will be sustained, and employers who are “on the fence” about their hiring timeline for these roles should move quickly.   Our national teams at TalentZök, Simply Biotech and Defense Search speak with thousands of employers and candidates every week. Based on our conversations, we’re convinced the hiring landscape has changed permanently. Employers who are waiting for things to “slow down” might be waiting forever. So, what does this mean for our clients?   We recommend you rethink your hiring process from top-to-bottom to remain competitive in this brave new world. Total compensation is important, but it’s equally important to have a recruitment and interview process that reflects the reality of the evolving employment landscape. Practices that were standard just 10 years ago may no longer be appropriate or effective in today’s market.   If you need advice or support in this process, please contact us. We’re always happy to help. #employmentsituation #jobsreport #talentzok #hiring

Our sister company, Simply Biotech, works solely in the Biotech industry and is ready to help you find top talent.