Welcome to “The Most Interesting Recruiting Stories of the Week,” a weekly post that features talent acquisition insights and information from around the web to kick off your weekend. Here’s what’s of interest this week:
“With the Supreme Court expected to announce a decision in a related case this summer, the state of Michigan can serve as a test case for how affirmative action hampers diversity in representation at the college level all the way up to the C Suite,” this Fast Company article states. “It’s a sobering look at the potentially devastating impact on advancement opportunities for underrepresented groups — and the societal and financial tolls of reduced equity and representation.”
“A U.S. labor board official on Tuesday said requiring workers to sign agreements not to join competing companies is usually illegal, the latest bid by government regulators to rein in the practice,” according to Reuters.
“New York City’s pioneering, focused approach sets rules on how companies use the technology in work force decisions,” reports The New York Times.
“If you look past the unexpected rise in job openings, today’s JOLTS report contains a bevy of data showing a resilient yet moderating labor market — confirming the months-long slowing trend,” according to Indeed’s Hiring Lab. “Openings are still elevated, but workers are becoming less likely to quit their old jobs and take new ones.”
From Wired: “Having spent a decade working in fashion PR and marketing, Carlota Ganduxe Icart had grown accustomed to painful salary negotiations and a niggling feeling that colleagues at the same level were probably earning more. But then, in 2022, she joined SafetyWing, a startup that provides travel insurance designed for digital nomads, remote workers, and frequent travelers. Not only did Icart’s salary double, but she found she was on the same salary as the CEO. And the graphic designer. And the CFO. And the content writer. And the software engineer.”
Indeed “launched Skill Connect, a new product to help job seekers without college degrees better promote their skills and completed training programs to potential employers,” according to HR Tech Feed. “In short, Skill Connect is a new product that helps job seekers without college degrees find employment. It does this by providing them with a custom resume process that pre-populates suggested skills and certifications, and by making them more visible to employers on Indeed.”
“Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump in deals activity,” CNBC reports. “The company is expected to trim fewer than 250 jobs in the coming weeks, according to a person with knowledge of the bank’s plans. Managing directors and some partners will be affected, according to the person, who declined to be identified speaking about layoffs.”
“These jobless employed are a persistent presence in the working world, their existence a bug that’s become a feature,” this Vox piece points out. “There’s a percentage of every job that’s bullshit, and in their case, that’s 90 percent, minimum.”
It’s a common belief that candidates hate taking tests. It’s also a wrong belief. Read more in this ERE.net story.
