Monday, January 6, 2020

How Social Media Can and Should Change Your Recruiting Process - Spark Hire

How Social Media Can and Should Change Your Recruiting Process - Spark HireSocial media has changed the way we communicate, land new clients, and find out about new products. Additionally, its also changed the way we find new talent. In order to find the best fit for an open position within your organization, embrace social media and use it to enhance your recruiting efforts. Here are some ways to do this fruchtwein effectivelyPost open positions where your candidates are spending their timeIf you want the most desirable candidates to find out about your open position, post the listing in a spot where theyll see it. This could be Twitter or LinkedIn, or it may be on an industry-specific job board. This greatly increases your chances of catching the eye of top-tier talent.Make sure your recruiting efforts are mobile friendlyPeople are becoming increasingly dependent on their smartphones, so you want to make sure that youre reaching them in this way too, and not just through laptops or desktops. Your companys website should look great when loaded on a tablet or a smartphone, and you may also want to consider creating an app if it makes sense for your business. If a person has to pinch and scroll to try to load your businesss site on their phone, theyll probably think twice about going through the trouble of finding the job listing.Embrace non-traditional interview methodsYou should embrace technology that makes interviewing easier, particularly when it allows you to reach a broader scope of candidates. Video interviewing, for example, enables you to chat with professionals from all over the country without having to fly them in to talk. You can also have these people pre-record their answers so you can still hear from them even if schedules dont line up due to scheduling conflicts or time zone issues. As an employer, this is a huge perk. Youre no longer forced to find a person within your city or state to fill the job. You truly can search the world to find the m ost talented individual to fill an open position.Give a peek into your companys cultureCandidates today are interested in the behind the scenes at a company. Beyond the salary and vacation time, whats it actually like to come into work each day? Use social media to give some insight into your company culture. This can help to draw a potential employee in, especially if they see that your values truly align with their own.How do you use social media to help with your recruiting efforts? Let us know in the commentsImage Twin design/BigStock.com

Wednesday, January 1, 2020

Meet the New Squids on Wall Street

Meet the New Squids on Wall StreetMeet the New Squids on Wall StreetJust when you thought it was safe to put your money back in the market (and, say, buy a share or two of a global bank or social network), the vampire squids of Wall Street strike again.And this time, its not Lloyd Blankfein and gang doing the stinging, but Jamie Dimon and his London whale, as well as James Gormans high tech underwriting team. Its enough to make even the thickest-skinned investor- and would-be banker- stay on the beach.Yes, its been yet another horrific couple of weeks for the reputation of Wall Street banks. And, surprisingly, other than passing mentions of its co-leading Facebooks IPO, Goldman Sachs, the medias go-to punching bag when talking about Wall Street misdeeds for the past few years, has been conspicuously left out of headlines.Taking its distributions-mix have been J.P. Morgan and Morgan Stanley.J.P. Morgan, prior to the billions in scandalous trading losses it announced a couple weeks ago , was largely thought to be running a rather clean operation (at least, as clean as one on Wall Street can be these days). Meanwhile, Morgan Stanley, which appeared to be making some strides by landing the lead underwriting gig on the most highly anticipated IPO in history, now appears to have botched that opportunity- and the feds are on its tail for possible violations in its handling of the Facebook offering.Which must have the folks over at Goldman Sachs smiling from ear to bloodsucking ear- especially its folks who head up the banks recruiting efforts*.What perfect timing, they must be thinking, for Goldmans main competitors to commit such blunders.You see, in just a few weeks, by the subway load, summer interns will start piling into the halls of Goldman Sachs, J.P. Morgan, Morgan Stanley, and other top Wall Street banks. And the summers are, if anything, twelve-week sales pitches- for interns as well as for banks. That is, interns are given a gunst der stunde to show they hav e the guts to work on Wall Street full time, and banks are given a chance to lure young and hungry undergrads and MBAs into its ranks, attempting to sell the supposed fact that their HQ is the best place to begin a career on Wall Street.To that end, no longer will J.P. Morgan and Morgan Stanley recruiters will be able to play the you-dont-want-to-work-for-the-squid card, now do you? Because these two banks are now swimming in similar hot waters as thier fellow squid, Goldman Sachs.*Rumor is, though, Goldman recruiters (and other execs at the bank) are not smiling upon, and, in fact, are frowning upon and canning its analysts whove secured buy-side jobs before their two-year analyst positions are up. Read MoreFacebook I.P.O. Raises Regulatory Concerns (DealBook)Heres The Inside Story Of What Happened On The Facebook IPO (Business Insider)Goldman Sachs Does Not Look Kindly Upon First Year Analysts Who Plan In Advance (Dealbreaker)