Hire Education: The HNM Blog
Businesses trying to do good have a few common policies and programs in place, usually called “corporate social responsibility” (CSR) or “philanthropy.” The common thread among any of these programs is that companies are learning that customers and employees alike want to see social conscience at the corporate level, from the products and services they sell to the work environments they build.
Despite a widely-accepted belief that hiring slows down around the holidays, nonfarm payroll in Q4 of 2019 is expected to be higher than Q3, with CNBC reporting a surge in November far exceeding expectations by economists. In fact, “jobs growth was the best since January […] and well clear of the November 2018 total.”
Before the New Year might just be the right time to make those hires rather than putting recruitment on ice for several months.
On October 20, a team from HNM participated in the American Cancer Society’s Making Strides Against Breast Cancer walk in San Diego. This was HNM’s first year participating in this particular event. Making Strides is the largest network of breast cancer events in the nation, raising funds to support the American Cancer Society’s work to advance breast cancer research and provide patient services.
HNM’s core value of being “Relentlessly People Driven” means the leadership and employees consider the impact of everything they do, not only on the people they work with but also in the world around them.
Business professionals are all too familiar with the calculation of ROI, return on investment. But how do you calculate a loss on investment? This is the kind of math you don’t want to have to do, but if you’re hiring the wrong people, it’s an equation that you need to get familiar with. Of course, the actual cost of a bad hire is challenging to pin down as it varies greatly from situation to situation, but some safe assumptions can be made to help us get there. For example, founder of LinkHumans and notable former recruiter Jörgen Sundberg is cited by Forbes and Inc. for his calculation, taking into account
- Hiring costs
- Total compensation
- Cost of maintaining employees
- Disruption costs
- Mistakes, failures, and missed business opportunities.
HNM Systems is proud to join the exclusive ranks of the most successful companies in America on the Inc. 5000 list. For the first time, HNM has been named to this prestigious list, which recognizes U.S.-based, privately-held companies experiencing remarkable success, “giving readers a deeper, richer understanding of the entrepreneurial landscape and capturing a broader spectrum of success.”
Being included in this list is an incredible honor for HNM Systems, celebrating the innovation and entrepreneurial leadership that has propelled its growth over the past several years, especially. HNM joins the likes of companies like Pandora, 7 Eleven Zipcar, and Zappos.com, all launching into exponential success after landing on this list.
“It is a great honor to be celebrated alongside 4,999 innovative and purposeful entrepreneurs who have shared similar journeys. This is the first Inc. ranking for HNM and is due in large part to our staff’s relentless pursuit to quality, transparency, agility, and people focus,” says HNM Systems President and CEO Heather Moyer.
For HNM Systems President and CEO Heather Moyer and Managing Director Kristin Schaer, employee engagement is far more than an organizational goal and runs deeper than even the core value of being “Relentlessly People Driven.” It was the impetus for HNM Systems coming into existence.
Moyer says a lack of leadership in employee engagement, particularly in tech staffing, was a major motivator when she set out to build the business. “Human capital is the #1 indicator of any business success. Understanding and valuing employees’ talents and and fit, and recognizing how they contribute to business is imperative.”
In staffing for this industry, in particular, Moyer and Schaer noticed it was rare to prioritize employees. It was common for contractors to go on an assignment and not to hear from their staffing agency. “We create a relationship with our employees. We are there for them. We add the human touch factor.”
With applications across industries, from medicine to marketing to transportation, artificial intelligence (AI) and machine learning have progressed from tech buzzwords to key considerations for businesses as they make moves to secure their sustainability and position themselves as industry leaders. In fact, Forbes conducted a survey of more than 300 executives, and “95% believe that AI will play an important role in their responsibilities in the near-future.”
Technology has evolved the way we do so much in our day-to-day lives, and we’re smack in the middle of what is being called the Fourth Industrial Revolution, or Industry 4.0. Industry 4.0 refers to a new social norm where smart technologies like the Internet of Things (IoT), mobile supercomputing, and intelligent robots change the way we work and interact.
In the simplest terms, information and communications technology (ICT) is the equipment and infrastructure that enables access to information through telecommunications. According to IGI Global, a leading international publisher of pioneering research from world-renowned institutions, “[…the] ICT sector refers to equipment and services related to broadcasting, computing and telecommunications, all of which capture and display information electronically” (in UN Social Economic Council’s Report of the International Telecommunication Union on information and communication technologies statistics, 2004).
If you consider the day-to-day activities of today’s consumers and businesses, you can begin to grasp the immense growth that has happened in the industry in even just the past 10 years. From business communications and online shopping to social media and streaming on an array of devices, the applications of such technology seems endless. In fact, in addition to the most modern technologies like artificial intelligence (AI) and robotics, ICT even includes more antiquated technologies such as broadcast radio and television, landline telephones.1