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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. It helps a recruitment team test different strategies, as well as spot areas where they can trim costs and optimize hiring. I track the cost per hire monthly to continually optimize the process.

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How to hire smarter than the market: a toy model

Erik Bernhardsson

Let’s talk about recruiting. It gets worse: the market forces. Because you’re hiring in a market with many other players, the really good candidates may simply have so many options that they are going to go to whatever company they want to and make a zillion dollars. Recruiting is like buying a home.

Marketing 287
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Top 8 challenges IT leaders will face in 2024

CIO

Navigating uncertainty Like many IT leaders, Saket Srivastava, CIO of Asana, believes ongoing lack of economic clarity on a wide scale, paired with instability in the tech market, will create new challenges for 2024. These external factors can have a dramatic impact on business operations and strategic planning. Waiting is a losing strategy.”

Security 322
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7 signs it’s time for a new CIO job

CIO

Parting may be a sweet sorrow, but it can be inevitable when a CIO detects a tell-tale sign that a quick and clean employment departure represents the best course of action. More ominously, the enterprise may have suddenly started engaging in shady business practices or entered into a market that you find personally repulsive.

Budget 247
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Singapore-based e-commerce platform Carousell lays off 10% of staff

TechCrunch

Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . But that was “far from enough,” it said. . ” . .

Insurance 200
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Schneider Electric leverages AI to help develop employees’ careers

CIO

It even enables employees to market their skillsets internally. “I Filling skill gaps on the fly Another major benefit of OTM is that it enables Schneider Electric to address any skills gaps in the organization without having to hire temporary workers or recruit outside the organization.

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Current tech market job status

Apiumhub

In total, over 202,736 people in the tech market were impacted. The tech market has become volatile, and today’s article is about what developers value most now, what their salary expectations are in Spain, and what companies offer stability and good working conditions, attracting tech talent. Layoffs in the tech industry.