2016 went out with a bang, not a wimper on the employment front. The US economy added 156,000 jobs in December, and unemployment hovered at 4.7 percent, close to a nine-year low. In addition, according to Fierce Biotech, VC funding…
Category: Monthly BLS Report
States may pick up the slack in bank regulation…are you prepared?
It wasn’t just the American electorate that was caught off-guard with this past election result, as many banks are scrambling to understand what this means for the next four years. Regardless of how you feel about the election results, it’s…
Let’s Be Completely Transparent With Each Other
“There is not a crime, there is not a dodge, there is not a trick, there is not a swindle, there is not a vice which does not live by secrecy.” – Joseph Pulitzer One of the things that made…
What Motivates Passive Banking Candidates in this Marketplace?
According to a March 2016 Gallup survey, US Employee Engagement, which is a measure of how many employees are enthusiastic during their day to day work, is at a record high! Great news, right? Well, that depends on how you…
Show Your Work When Interviewing Candidates
The phrase show your work, for many, probably dredges up memories of filling sheets of paper to answer long-form division or algebra equations back in school. If the answer to the question seemed fairly evident, students would simply skip the…
Show Them That You Love Them
As we enter the dog days of summer, economic signs continue to point to the fact that the US economy is as hot as the current weather. In June, 285,000 jobs were added according the US Bureau of Labor Statistics…
How Analytics Improve Productivity
As a sports fan I find it fascinating when a sportscaster discusses the metrics underneath the headlines of winning and losing. With only a minor change or adjustment the impact on scoring or productivity can be the difference between…
Retaining your Millennial Bankers
In an often-sited 2014 retention study from the Bureau of Labor Statistics, the median tenure of workers ages 25 to 34 years is 3.0 years. If the numbers still work in 2016, which there is every indication they do, this…
Your June First Friday Preview from Zach Price
The number of jobs added in May 2016 was “shockingly low” according to NPR business editor Marilyn Geewax. Economists state that average job growth rate is below average, increasingly so over the past 3 months. Job growth is also below…
The Key to Hiring Top Candidates in a Competitive, Candidate-Driven Market
As 2015 ended, the hiring market seemed to follow suit. Motivations have changed for truly qualified candidates who are now much more passive than they have been in years, while needs have increased (as well as the urgency of those…