Survey Results 297
Even if you don’t remember the rest of the Pink Floyd anthem, the lyrics “We don’t need no education!” are probably emblazoned in your brain. Turns out if you want to land a job in 2014, you DO need an education — and a pretty good one at that. Just ask the 27 percent of employers who have increased their educational requirements for job seekers over the past five years.
If you’ve been to a house party, chances are you’ve played the word-guessing game Taboo, where you provide verbal clues while avoiding a list of forbidden words so as not to rack up penalty points. Similarly, hiring managers have a sort of “taboo” list of resume terms to help guide them through seemingly countless stacks to find the best candidates.
A new study looks at the financial impact of the skills gap.
What is the skills gap really costing employers? According to a new survey from CareerBuilder, employers estimate that, on average, they lose more than $14,000 for every job that stays vacant for three months or longer, and 1 in 6 companies say they lose $25,000 or more.
This is the first post in a multi-part series on The Hiring Site focused on the effects of the skills gap and what you can do to help bridge the divide.
Perhaps due to their ongoing struggle to find qualified candidates, more employers are ready to offer bigger paychecks for new talent.
According to CareerBuilder’s annual Job Forecast, 49 percent of employers will offer higher starting salaries for new employees – up from 47 percent last year. The finding indicates that employers are realizing more and more the need to offer competitive compensation rates in order to attract better workers and stay ahead of their competitors.
Much like Kevin Costner, retirement seems to be making a (slight) comeback this year.
According to CareerBuilder’s annual survey on retirement, the number of workers delaying retirement is on a downward trend. Though 58 percent of workers age 60 or older say they are currently putting off retirement, the figure is down from 61 percent in 2013 and a peak of 66 percent in 2010.
If there’s one thing you need to take away from CareerBuilder’s most recent study, it’s this: Sometimes, when an employee says a wild animal made him late, you need to give him the benefit of the doubt. For its most recent survey, CareerBuilder asked employers to share the most common – and the most outrageous – “late for work” excuses they’ve heard this year.
If you hear one more weather update about the billionth snowstorm or deep freeze, you’ll stab yourself in the eye, right? It’s getting old and you’re ready for the spring. (You and me both.) Similarly, when it comes to information or updates about the recession, you’re probably like “Enough already!”
But the unfortunate part is that more than half of U.S.
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