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Read previewThe hiring process seems to have become increasingly complex in recent years, with job seekers facing new tests, more interviews, and months of waiting to hear back from prospective employers. Job seekers have been taking to social media to complain about jumping through various hiring hoops just to secure an entry-level job. He said that in recent years, the hiring process has slowed down as the number of interview rounds has increased: "It reflects a lack of understanding by employers about what they're actually looking for." Advertisement"Many interviews and job assessments now take place online, which means candidates need to adapt to virtual interactions and later demonstrate their skills remotely," she said. When job interviews started to be done on Zoom and managers had fewer opportunities to evaluate candidates, more employers began using cognitive and psychometric assessments as part of their hiring process.
Persons: , Chris Abbass, Abbass, Peter Cappelli, Wharton, They've, Cappelli, Nikita Gupta, they're, Gupta Organizations: Service, Business, school's, Human Resources, Harvard Business, Big Tech
Speculation on the 'real reason' tech companies are shedding workersSome on TikTok and Reddit have posited that the "real reason" tech companies are cutting jobs is to tamp down fat salaries bloated by the Great Resignation. Tech companies scrambled to meet demand and went on a hiring binge during the pandemic. At a time when wages were climbing at the fastest pace in decades across the board, tech companies were especially generous to new hires — and even existing employees. A year and a half ago, compensation was a "completely different ball game," a former recruiter at Google told Insider. Will tech companies then try to hire back their workers at lower salaries?
Tech workers laid off by startups don't generally get as much support as those from giants like Meta and Twitter. Tech experts told Insider that workers from startups are just as valuable as those from big tech firms. But she emphasized that workers laid off by startups also have relevant skills and qualifications that can help them land roles. Big tech employees are overwhelmed with offersOften big tech employees who have been laid off and gone viral on social media are overwhelmed with messages and offers, so reaching out as a recruiter has little impact. Gupta said she wouldn't "rely" on a big tech employee for a role, but instead continue her sourcing and outreach to other candidates.
Research suggests a college degree isn't as much of a requirement as it once was for many jobs. But there's one thing George lacks: a college degree. An analysis by the Burning Glass Institute, a nonprofit research group, found that the share of jobs requiring a college degree has fallen in recent years. Beat the bots through keywords — and find a friendly recruiterGeorge, who works at Logan Capital Management in Pennsylvania, could recall only one time when not having a college degree cost her a job. "If you're up against someone with a liberal arts degree, you're more likely to progress because you know how to sell," he said.
Several tech companies have introduced hiring freezes and layoffs to brace for a potential economic slowdown. "It's like almost every second day you're hearing about a new company or big tech company announcing hiring freezes," Nikita Gupta, founder of resume review company FAANGPath, told Insider. Although these pauses are primarily a problem for job seekers, hiring freezes can also cause employees to worry about job security. Some roles are also less likely to be affected by hiring freezes. Find out what your company is prioritizingCompanies that implement hiring freezes will be looking at their business costs.
LinkedIn recently launched its second paid creator accelerator program for tech influencers. The second accelerator program plans to offer more networking opportunities and content analytics. LinkedIn has chosen 120 influencers to be part of its second US creator accelerator program, which offers financial grants, as well as access to workshops, coaches, and resources. "We really wanted to home in on creators within that space," said LinkedIn senior creator manager Jessica Oliveira, who added that technology is the number one industry for content creators on the platform. Based on feedback from participants in LinkedIn's first US creator accelerator program, the program plans on offering more content analytics features to show how creators' content performs over time, as well as more networking opportunities for creators.
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