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"A strong work ethic" is the top skill companies are looking for in new hires, but is one of the hardest to find, according to new research from ADP. As part of its research, ADP surveyed more than 1,500 business owners, senior leaders and hiring managers about their hiring plans and priorities in 2024. Even as conversations about the importance of technical upskilling reach a fever pitch, soft skills emerged as the clear winner. "A strong work ethic" is a nebulous term. As artificial intelligence integrates more into the workforce, soft skills, or people skills, are invaluable assets to professionals, the report notes.
Persons: Tina Wang, Upskilling, Wang, Bert Bean Organizations: ADP, CNBC, Insight, Testing, LinkedIn
In a job interview, your body language can make or break your chances of landing an offer. This means that, in a job interview, how you speak is just as important as what you say, says Bert Bean, CEO of the staffing firm Insight Global. Bean has interviewed hundreds of job applicants in his 19-year career as a recruiter-turned-CEO. Showing that you are energized and enthusiastic about a role is the top "green flag" hiring managers look for in a job interview, Shekhinah Bass, an executive at Goldman Sachs, told CNBC Make It in August. It's important to note, however, that body language isn't the only way to show your enthusiasm or engagement during a job interview.
Persons: Bert Bean, Bean, He's, it's, Shekhinah, Goldman Sachs, Bass Organizations: Research, Insight, CNBC
The job market might look solid on paper — unemployment is low, job openings are high — but the reality for many Americans on the job hunt tells a different story. "I just think the numbers are underselling how hard it is for job seekers right now." Economists and recruiters say lingering expectations from the "great resignation" and businesses' fears about an imminent recession could be to blame for job seekers' malaise. "How people feel about the job market is informed by their recent experiences with the job market," Glassdoor chief economist Daniel Zhao recently told CNBC. So even if 2024 is shaping up to be a relatively healthy labor market by recent comparison, it doesn't feel quite as strong."
Persons: ghosting, Javier Serrano, Serrano, Daniel Zhao, Bert Bean, aren't, Zhao, it's, Dan Kaplan, Kaplan Organizations: LinkedIn, CNBC, Insight Locations: Orlando, boardrooms
One of the best candidates Bert Bean has ever hired in his 19-year career as a recruiter-turned-CEO landed the job by talking about shrimp during her interview. "I remember thinking to myself: 'If you can do that, you must have an incredible work ethic' … it sold me." Although years have passed since that conversation, Bean says employers still value candidates with grit, adding that it's the top soft skill employers assess candidates for during an interview. "Especially right now, when employee productivity is slipping and companies struggle against inflation, you want someone who can persevere when times get tough." Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.
Persons: Bert Bean, Bean, you've Organizations: Insight
The job market looks solid on paper. Over the course of 2023, U.S. employers added 2.7 million people to their payrolls, according to government data. Unemployment hit a 54-year low at 3.4% in January 2023 and ticked up just slightly to 3.7% by December. "The labor market has been fairly strong and surprisingly resilient," said Daniel Zhao, lead economist at Glassdoor. More than half, 55%, of unemployed adults are burned out from searching for a new job, Insight Global found.
Persons: Daniel Zhao, Jenna Jackson, it's, Jackson Organizations: Finance, Insight Global, Insight Locations: Ardmore , Pennsylvania
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy getting a job feels so difficult right nowThe job market looks solid on paper. In 2023, U.S. employers added 2.7 million people to the payroll, according to the Bureau of Labor Statistics. But it's a different story for active job seekers. A staffing firm Insight Global found that recently unemployed full-time workers applied to an average of 30 jobs, only to receive an average of four callbacks or responses. So why does it feel so hard to get a job right now and is the U.S. labor market as strong as it seems?
Organizations: Bureau of Labor Statistics, Insight Global Locations: U.S
There is one question, in particular, you should "never" ask an employer, says Bert Bean, CEO of the staffing firm Insight Global: "What's the work-life balance for this role?" With this question, he explains, "You risk sending the wrong message about your career aspirations to a future employer." Asking hiring managers about the company's work-life balance can create an impression that you aren't engaged, reliable or committed to the role. "Your future employer shouldn't dictate to you what your boundaries should be." There are other ways to determine a company's approach to work-life balance outside of the interview.
Persons: Bert Bean, Bean, Barry Drexler, Mary Gleason, Drexler, you'll, Arthur C, Brooks Organizations: Insight, CNBC, Summit
Workers are engaging in "productivity theatre" to look busy at work, a new survey revealed. "Productivity theater," or performative work, refers to tasks that workers do to create the appearance of being busy rather than actually doing valuable work, according to Visier. Fear of job security is another factor at to why workers want to look busy and boost their visibility at the company. As major companies in the US have laid off thousands of staff, concerns around job security have intensified. The rise of remote and hybrid work has also played a part in concerns over job security and "proximity bias."
With layoffs seemingly in every major industry, it's natural to feel some layoff anxiety. Layoff anxiety is high among workers. What to do when layoff anxiety is consuming your thoughts1. Ask yourself:What would I do if I'm laid off? Layoff anxiety can stop you in your tracks.
In a job interview, the questions you ask are just as important as the answers you give. Bean has interviewed hundreds of job candidates throughout his career as a recruiter-turned-CEO. With this question, he explains, you're showing a hiring manager that you're conscientious and driven. With this question, you'll also better understand what kind of learning curve you'll face and how your performance will be evaluated. Ultimately, the secret to acing any job interview is simple, he adds: "You need to sell yourself from the heart."
Without a crystal ball, you can't predict if — and when — you might lose your job. A job interview, he says, is the best tool you can use to suss out the stability of a company and security of the specific role you've applied to. The answer should reveal what the company's priorities are right now and how closely the job aligns with those objectives. Here's why you're getting job interviews—but no offersThe No. 1 job interview question to ask to spot a red flag, from an HR proPick just 6 skills to highlight on your resume, expert says: The section shouldn't be 'verbal vomit'Sign up now: Get smarter about your money and career with our weekly newsletter
Mathur is one of the more than 70,000 employees at U.S.-based tech companies that have lost their jobs in mass job cuts over the past 12 months. However, despite the recent barrage of pink slips, experts say it's still a great time to be a technology worker. Nearly 80% of laid-off tech workers found new roles within three months of beginning their job search, according to a November 2022 ZipRecruiter survey. Elliott has noticed increased interest in smaller companies among the tech professionals he coaches following the latest round of layoffs. "Tech workers are changing the parameters around their job search," he says.
Some companies have been threatening to fire workers who don't return to the office, The Wall Street Journal reported. Bosses are gaining leverage over employees due to recession anxiety. But most people will likely keep their jobs in the event of a recession, experts say. That's because the recession that could hit this year is giving employers a leg to stand on in their pandemic-long fight to get workers back in the office. A survey from Insight Global last summer found that 78% of US workers are worried about losing their jobs during the next recession.
US employees are worried about their jobs amid a looming recession. Insider spoke to economists to identify some of the safest jobs, and the ones most at risk. The grim economic outlook has caused employee concerns about layoffs to skyrocket, Lauren Thomas, a UK-based economist for Glassdoor told Insider. Insider spoke to labor experts and economists to identify some of the safest and most-at-risk jobs. Olga Rolenko/Getty ImagesConstruction, which relies heavily on borrowed funds, tends to get hit hard early on during a recession, experts told Insider.
That doesn't mean you should stay put in a stable job if you're miserable, careers experts say. Workers have been worried about job cuts since the summer, with a July survey from Insight Global finding that 78% of US employees were anxious about job security in the event of recession. "There is definitely more competition for talented workers, so if people are interested in changing jobs, or getting a better job or looking for a promotion, it's a pretty good time to be doing it." Don't quit in a hurryOver half of American employees have said they'll look for a new job if there's a recession, June data from recruitment software company Greenhouse found. Be flexible about your demandsHaving a degree of flexibility during a recession can't hurt your job hunt.
There are five steps two career experts say workers should take if they've lost their job. They suggest taking time for yourself, looking into legal counsel, and posting on social media. In 2022, more than 99,000 technology workers have been laid off, according to the tech-industry-layoffs tracker Layoffs.FYI. Workers need time to process their emotions before diving into the logistics of their severance and job hunting. "If you can, I always recommend utilizing legal counsel," she said.
Amazon told employees of its logistics operations center they must go into the office in person. Many of those employees were hired as remote workers in the past two years, meaning some will be forced to relocate to the hub's Phoenix offices – or lose their jobs. The freight logistics hub these employees work at, called the Relay Operations Center, is responsible for responding to unexpected shipping disruptions. Inside Amazon, remote work remains popular. Relay Operations Center employees did not take the survey, the results of which were obtained by Insider.
Meta's "quiet layoffs" signal that potentially good employees can lose their jobs in a recession. One academic says workers need to pursue a calling, beyond their company mission. But sometimes even good, hard-working, and loyal employees get laid off. Cnop said that this is "transactional," and that people should "work for a calling," with a purpose and mission beyond their company. It also eases some of the sting of structural layoffs, because you won't be so attached to a singular company.
The job market is slowly shifting back in favor of employers, labor experts told Insider. During an economic downturn, workers may not be able to get away with just doing the bare minimum. That means "quiet quitters" could be the first to be laid off during a recession, experts say. And in the same survey, nearly nine out of 10 managers (87%) said they would "likely" have to lay off employees during a recession. So it's not necessarily whether you're quiet quitting or not.
Some workers still feel there's a stigma around getting laid off, career experts told Insider. Buj said "there's nothing to be ashamed of," about getting laid off because usually it isn't personal. If you've been laid off, here's how you can handle the discussion in a job interview. Just let them know the job loss wasn't a result of your performance," Skirboll said. Buj said she was laid off by a startup in 2015 because it had lost some big clients.
There are five steps two career experts say workers should take if they've lost their job. They suggest taking time for yourself, looking into legal counsel, and posting on social media. Pink slips are flying this holiday season, with dozens of technology titans and industry startups laying off workers. Workers need time to process their emotions before diving into the logistics of their severance and job hunting. "If you can, I always recommend utilizing legal counsel," she said.
That doesn't mean you should stay put in a stable job if you're miserable, careers experts say. Economists are predicting a recession that will accelerate unemployment in the US, and workers are worried their jobs are on the line. Some 78% of US workers are anxious about job security if the US enters a recession, a recent survey from Insight Global found. Although it may be tempting to quit your current job if you're unhappy, the effects of "unemployment depression" may be worse. Be flexible about your demandsHaving a degree of flexibility during a recession can't hurt your job hunt.
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