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In the dynamic landscape of the post-pandemic workplace, pivotal shifts are shaping the way businesses recruit, hire, and manage teams. Our Q4 2022 roundup features Wizehire’s recent coverage across various publications, highlighting industry trends and insights. Let’s take a look at some of the key topics:
- Pay Transparency on the Rise: New legislation and market trends are pushing for more transparency around salary ranges.
- Navigating the Hospitality Talent Shortage: Learn what innovative solutions are attracting the next generation of hospitality workers
- Managing Layoffs with Empathy: Prioritize transparent and empathetic communication to maintain trust with your remaining workforce.
- Small Business Hiring Trends: Discover what hiring trends small businesses are leveraging to compete with larger companies.
Fast Company: How to Use Humor In Your Next Job Interview
A sprinkle of humor can go a long way in an interview according to industry experts. Interviewers appreciate candidates who can connect and build rapport, and a well-timed joke can help job seekers stand out in a crowded candidate pool and create a more relaxed and connected relationship with the interviewer.
However, in a recent interview with Fast Company, Sid Upadhyay, co-founder and CEO of Wizehire, advises candidates to read the room and let the interviewer set the tone when using humor. Check out our 19-Step Interview Checklist to impress potential employers and make a lasting impression.
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Money: Why Does Pay Transparency Matter Anyway?
New York City’s recent salary transparency law, requiring employers with at least four employees to include pay ranges in job postings, is a significant development for fair hiring practices, empowering applicants to assess opportunities realistically and negotiate effectively.
Sid Upadhyay shares his perspective with Money’s Dollar Scholar newsletter, and says pay transparency laws will drive deeper discussion about compensation disparities and help candidates make informed decisions about their job opportunities. For employers, clear pay ranges can streamline recruiting by attracting qualified candidates who understand the compensation structure. Dive into our blog to learn how to build a fair and equitable workplace with pay transparency.
CNBC: The Industries with the Most — and Least — Salary Transparency
The trend toward pay transparency is gaining momentum, allowing candidates to make informed decisions in their job hunt. Wizehire CEO Sid Upadhyay shares insights on the industries leading the charge in fair pay practices and how they are leaning into this trend to attract top talent in a competitive job market. Find out which industries topped the list for the most pay transparency on CNBC.
“Even if your community does not have a regulatory requirement for you to list compensation, employers will likely start to go in this direction over time in order to win the best talent.”
– Sid Upadhyay, Wizehire CEO & Co-founder
Boston Globe: With Tipping on the Decline, Hospitality Providers Are Turning to Tech and Blunt Invitations
With travelers increasingly moving away from cash, tipping has plummeted. This, combined with factors like inflation and understaffing, has resulted in decreased tipping frequency. According to Sid Upadhyay, CEO of WizeHire, the potential decrease in tipping could significantly impact workers’ pay. As a response, many hospitality providers are incorporating service charges into bills, while others are embracing technology for cashless tipping. Read more about tipping burnout in the Boston Globe.
SHRM: How to Conduct Layoffs the Right Way
Layoffs are a difficult but sometimes unavoidable reality for businesses. Wizehire CEO Sid Upadhyay sits down with SHRM to discuss the importance of transparent and empathetic communication when sharing the news of a layoff, advising against putting a spin on the situation and instead focusing on building trust with honest communication.
Hospitality Technology: How to Build Your Team with Next-Generation Talent
The hospitality industry is booming again, but faces the challenge of a post-pandemic labor labor shortage. According to AHLA, 94% are understaffed, with 47% reportedly “severely understaffed”— a shortage acutely felt during summertime and the upcoming holiday season, when hotel occupancy is historically at its peak.
As Wizehire CEO Sid Upadhyay highlights in his guest post, attracting the next generation of hospitality workers is a solution to the talent shortage, but it requires innovative solutions such as offering career development, robust benefits packages, and flexible schedules. Read more on Hospitality Technology.
Worklife: Is There Too Much Leeway in New York City’s ‘Good Faith’ Pay Transparency Law?
New York City employers with four or more employees must now include a good faith salary range on all job postings, internal and external. This is a major step towards pay transparency and can benefit both employers and job seekers.
However, some small businesses may find it difficult to implement this change, especially if they haven’t established clear pay structures. Sid Upadhyay, CEO of Wizehire, recommends in a recent Worklife article that creating compensation bands and developing a plan is the first step in addressing pay disparities. Learn how to create a compensation philosophy to cultivate a workplace culture based on fairness, transparency, and long-term success.
Recruiting Daily: Use Case Podcast — Storytelling About Wizehire with Sid Upadhyay
Small and medium-sized businesses (SMBs) face unique challenges when it comes to recruiting. Wizehire’s CEO, Sid Upadhyay, joins Recruiting Daily’s Use Case podcast to share how Wizehire strives to simplify the hiring process for SMBs, empowering them to compete with larger companies for top talent. Listen to the full interview here.
“Today’s ambitious, educated, and socially conscious workers want job stability and long-term opportunities. But they also need a clearly defined career path with training and job growth at the forefront to entice them to stay long-term.”
– Sid Upadhyay, Wizehire CEO & Co-founder
Repairer Driven News: Small Biz Economy ‘Recovering’ and Hiring Still An Issue, Wizehire Shares Retention, Recruitment Tips
While the small business economy shows signs of recovery, recruiting top talent and filling open positions is still a significant challenge for many business owners in the automotive repair industry. According to the National Federation of Independent Business (NFIB), 44% of business owners report unfilled jobs, significantly exceeding historical averages.
Wizehire CEO Sid Upadhyay shares his perspective on this trend and the hiring outlook for SMB businesses in the automotive industry, predicting a surge in pay transparency laws that will require SMBs to be upfront about compensation ranges. Get the full story and best practices for attracting top talent on Repairer Driven News.
National Oil & Lube News: Hiring for Success
In a competitive job market, prioritizing a candidate’s cultural fit over specific skills can help you find untapped talent and develop employees with on-the-job skills training. Sid Upadhyay, CEO and co-founder of Wizehire, recommends defining job requirements into two categories: must-have and nice-to-have. This approach widens the pool of qualified candidates and can help you identify new hires who will complement the existing team and contribute to a thriving company culture. Read more on NOLN.
Allwork: Mass Zoom Firings and Bot-Automated Layoffs: Is This the Future of Work?
The rise of remote and hybrid arrangements has brought about numerous benefits. However, a notable drawback is the concerning trend of laying off employees virtually. Recent high-profile cases of companies conducting mass layoffs over Zoom and through email have sparked questions about the future of remote work. Employees being laid off through a screen may feel a lack of empathy, even if unintended.
Knowing the legal considerations and strategies for laying off employees with dignity while maintaining company morale is good business. Sid Upadhyay, CEO and co-founder of Wizehire, offers valuable insights for leaders navigating remote terminations in Allwork, emphasizing the importance of transparent and empathetic layoff conversations.
Founded in 2014, Wizehire is an award-winning, end-to-end hiring solution that marries innovative software with hands-on, expert coaching to help business leaders build their teams with confidence.
The solution offers an applicant tracking system, industry-optimized job templates, and research-driven screening methodologies. Over 18,000 businesses trust Wizehire to help grow their teams and perfect their hiring process.
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