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		<title>What’s the answer to rising time to hire?</title>
		<link>https://resources.eteki.com/whats-answer-rising-time-hire/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 14 Dec 2017 16:25:35 +0000</pubDate>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Metrics & Processes]]></category>
		<category><![CDATA[Recruiting & Staffing]]></category>
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		<guid isPermaLink="false">https://www.eteki.com/?p=2387</guid>

					<description><![CDATA[<p>The post <a rel="nofollow" href="https://resources.eteki.com/whats-answer-rising-time-hire/" data-wpel-link="internal">What’s the answer to rising time to hire?</a> appeared first on <a rel="nofollow" href="https://resources.eteki.com" data-wpel-link="internal">Resource Center</a>.</p>
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										<content:encoded><![CDATA[<section class="vc_row wpb_row vc_row-fluid liquid-row-shadowbox-64cdb2d58d8c5"><div class="ld-container container"><div class="row ld-row"><div class="wpb_column vc_column_container vc_col-sm-12 liquid-column-64cdb2d599d28"><div class="vc_column-inner"><div class="wpb_wrapper "   ><div class="wpb_wrapper-inner">
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			<p><span style="font-weight: 400;">The average hiring process in 2009 lasted about 12 days from initial screen to first offer, according to research that Glassdoor did for </span><i><span style="font-weight: 400;">The New York Times.<br />
</span></i><br />
<span style="font-weight: 400;">In 2013</span><a style="color: #44c8f5;" href="http://www.nytimes.com/2014/01/26/magazine/your-next-job-application-could-involve-a-video-game.html?_r=1" data-wpel-link="external" target="_blank" rel="external noopener noreferrer"> <span style="font-weight: 400;">It was about 24 days.</span></a><span style="font-weight: 400;"> In about four short years, the time to hire </span><i><span style="font-weight: 400;">doubled</span></i><span style="font-weight: 400;">. Between 2013 and 2017, it didn’t double, but in many industries, it’s north of 30 days now. It’s increasing.<br />
</span><br />
<span style="font-weight: 400;">What happens as time to hire increases, especially in technical recruiting?<br />
</span><br />
<b>The tech hiring landscape now</b><br />
<span style="font-weight: 400;">Hardly an industry secret that the pool of talent is getting tighter and tighter. In fact, at a trade show recently, one of eTeki’s executives heard from a recruiter in the Denver area that locally, IT roles had roughly a 1% unemployment rate. While this is admittedly an anecdotal comment, it does reflect close to the reality in many markets. We all know getting the top tech talent is crucial &#8212; that part shouldn’t be breaking news to anyone &#8212; but what we sometimes forget in these discussions is </span><i><span style="font-weight: 400;">why </span></i><span style="font-weight: 400;">time to hire is a crucial part of the equation.<br />
</span><br />
<b>How tech projects are often structured</b><br />
<span style="font-weight: 400;">Many tech projects are complex, multi-stage processes. Most project management platforms, from enterprise level on down, are even set up in this way: the key idea is interdependencies, or “This can’t begin until that is finished.”<br />
</span><br />
<span style="font-weight: 400;">This is one area where the consequence of delayed time to hire impact effective operations..<br />
</span><br />
<span style="font-weight: 400;">Any large project can get completely thrown off track by not having the right people in place as the project is beginning. If Project A pushes back delivery, invariably Project B does, then Project C does, and suddenly a $30 million project spend can become a $50 million project spend. A few eTeki veterans have actually seen CIOs fired over this exact chain of events.<br />
</span><br />
<span style="font-weight: 400;">Oftentimes, the mindset of a corporate executive regarding technology is simple: “How do we leverage this towards our goals, growth, and competitive advantage?” That high-level view is translated into these massive projects, but because of their interdependent structure, all the personnel pieces need to be in place as each stage is commencing.<br />
</span><br />
<span style="font-weight: 400;">As a result, if you need a specific type of database engineer, you need that role </span><i><span style="font-weight: 400;">now</span></i><span style="font-weight: 400;">. This is where the time to hire metric becomes crucial.<br />
</span><br />
<b>If time to hire is crucial, why is the number rising?</b><br />
<span style="font-weight: 400;">The simplest explanation is typically that a hiring manager </span><a style="color: #44c8f5;" href="https://resources.eteki.com/hiring-managers-give-technical-recruiting-process-recruiters-tepid-reviews/" data-wpel-link="internal"><span style="font-weight: 400;">may be dealing with emerging technologies</span></a><span style="font-weight: 400;"> they are not that familiar with, or they may be hiring for a skillset that is not in their wheelhouse.  The same could apply to their existing team leads, with the added consequences of pulling internal resources off time-constrained projects to perform multiple rounds of technical interviews.<br />
</span><br />
<span style="font-weight: 400;">You could call this “analysis paralysis,” although this takes a few forms. What’s universal about the idea of analysis paralysis in tech hiring, though, is that it all comes back to trust. (No surprise; some have argued </span><a style="color: #44c8f5;" href="https://www.ted.com/talks/rachel_botsman_the_currency_of_the_new_economy_is_trust" data-wpel-link="external" target="_blank" rel="external noopener noreferrer"><span style="font-weight: 400;">trust is the currency of the whole economy presently.</span></a><span style="font-weight: 400;">)<br />
</span><br />
<span style="font-weight: 400;">Consider this fictional example: if the hiring manager needed a cloud developer and the #1 cloud developer in the world was his/her best friend, the hiring manager would likely green-light that hire immediately. Trust drives the quicker decisions.</span><br />
<span style="font-weight: 400;">Without that trust &#8212; which is sometimes lacking in </span><a style="color: #44c8f5;" href="https://resources.eteki.com/4-commitments-recruiters-need-hiring-managers-achieve-great-hiring-results/" data-wpel-link="internal"><span style="font-weight: 400;">hiring manager/recruiter relationships</span></a><span style="font-weight: 400;">, or hiring manager/knowledge of technical specs needed for role &#8212; doubt creeps in, and as doubt creeps in, time to hire rises.<br />
</span><br />
<span style="font-weight: 400;">That’s the core of the problem, and the problem’s primary consequence is when business critical projects are not successfully executed, essential business goals and objectives fail. So what’s the solution?<br />
</span><br />
<b>The solution is finding a trusted partnership</b><br />
<span style="font-weight: 400;">Once trust is part of the process, a lot of the issues around time to hire and analysis paralysis begin to reduce or completely fade out.  Budget bloat is minimized, there’s less infighting over project timetables, and no one is getting the ax . A win-win for all.<br />
</span><br />
<span style="font-weight: 400;">There are several technical interview solutions available.  Try them all.  Then select the one that best provides the deliverables that create the trust factor that minimizes time to hire, and eliminates analysis paralysis.<br />
</span><br />
<span style="font-weight: 400;">Check out </span><a style="color: #44c8f5;" href="https://resources.eteki.com/tech-recruiters-can-wow-hiring-managers-improve-3-key-metrics-2/" data-wpel-link="internal"><span style="font-weight: 400;">these 7 tips to improve the hiring manager’s Return on Interview</span></a><span style="font-weight: 400;">, a sure fire way to bolster trust between the two of you.</span></p>

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			<div class="vc_single_image-wrapper   vc_box_border_grey"><img width="150" height="150" src="data:image/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 150 150&#039;%2F&gt;" class="vc_single_image-img attachment-thumbnail ld-lazyload" alt="Rob Miner" decoding="async" loading="lazy" data-src="https://resources.eteki.com/wp-content/uploads/2017/04/DSC01890c-150x150.jpg" data-aspect="1" srcset="" /></div>
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			<p><strong>Robert Miner</strong><br />
Chief Revenue Officer at eTeki, helps businesses increase revenues and decrease internal costs by providing state of the art technical screening.</p>

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<p>The post <a rel="nofollow" href="https://resources.eteki.com/whats-answer-rising-time-hire/" data-wpel-link="internal">What’s the answer to rising time to hire?</a> appeared first on <a rel="nofollow" href="https://resources.eteki.com" data-wpel-link="internal">Resource Center</a>.</p>
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		<item>
		<title>Talking Solution Stacks: A Better Answer for Tech Recruiting?</title>
		<link>https://resources.eteki.com/talking-solution-stacks-better-answer-tech-recruiting/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 04 Jan 2017 18:57:47 +0000</pubDate>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Hiring & Interviewing]]></category>
		<category><![CDATA[Metrics & Processes]]></category>
		<category><![CDATA[Recruiting & Staffing]]></category>
		<category><![CDATA[Talent Acquisition]]></category>
		<category><![CDATA[hr tech]]></category>
		<category><![CDATA[need]]></category>
		<category><![CDATA[Screening]]></category>
		<category><![CDATA[solution]]></category>
		<category><![CDATA[tech]]></category>
		<category><![CDATA[Tech Talent]]></category>
		<category><![CDATA[technical interview]]></category>
		<guid isPermaLink="false">https://www.eteki.com/?p=1222</guid>

					<description><![CDATA[<p>The post <a rel="nofollow" href="https://resources.eteki.com/talking-solution-stacks-better-answer-tech-recruiting/" data-wpel-link="internal">Talking Solution Stacks: A Better Answer for Tech Recruiting?</a> appeared first on <a rel="nofollow" href="https://resources.eteki.com" data-wpel-link="internal">Resource Center</a>.</p>
]]></description>
										<content:encoded><![CDATA[<section class="vc_row wpb_row vc_row-fluid liquid-row-shadowbox-64cdb2d59eab6"><div class="ld-container container"><div class="row ld-row"><div class="wpb_column vc_column_container vc_col-sm-12 liquid-column-64cdb2d59ecc5"><div class="vc_column-inner"><div class="wpb_wrapper "   ><div class="wpb_wrapper-inner">
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			<p><span style="font-weight: 400;">Tech hiring managers and recruiters face a big problem. They badly need effective tech talent, but they struggle to acquire it. According to an </span><a style="color: #44c8f5;" href="http://blog.indeed.com/2016/12/05/impact-of-tech-talent-shortage/" data-wpel-link="external" target="_blank" rel="external noopener noreferrer"><span style="font-weight: 400;">Indeed survey</span></a><span style="font-weight: 400;">, 86% say they find it challenging to find and hire tech talent, with 36% saying they find it “very” challenging.<br />
</span><br />
<span style="font-weight: 400;">This raises a question: How can the HR tech industry help solve this problem? During a new edition of the Today’s Innovation Channel Podcast, titled </span><span style="font-weight: 400;">“Do You Speak Geek? Meet eTeki,”</span><span style="font-weight: 400;"> eTeki Director of Operations Amanda Cole argued that solution stacks are a big part of the answer.</span><br />
<span style="font-weight: 400;">Cole joined host Peter Clayton for the podcast. They also discussed:</span></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">What eTeki does, and how our technical interview service works for clients</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">eTeki’s network of freelance tech interviewers, and how interviewers are vetted</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Why job boards need to be looking at partnerships to stay relevant</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Cole’s HR tech predictions for 2017</span></li>
</ul>
<p><b>Solution Stacks: Good for Employers and Providers</b><br />
<span style="font-weight: 400;">What are solution stacks? Why do we believe they will improve employers’ tech recruiting success?<br />
</span><br />
<span style="font-weight: 400;">At their core, as Cole explained in the podcast, solution stacks are committed teams of businesses working together to help the same group of customers meet their business objectives. The businesses’ solutions are combined—or stacked—to become a unified solution.</span></p>
<p><span style="font-weight: 400;">That may be confusing, but becomes clear when we look at an actual example. In the case of finding and hiring tech talent, a solution stack could include a reference check provider, an employment background screening provider, a personality assessment provider, and a technical interview provider (eTeki). Instead of each provider just performing its small part of the screening process, they are layered together to provide a unified solution that provides all of an employer’s candidate screening, separating the contenders from the pretenders.</span></p>
<p><span style="font-weight: 400;">“HR tech alliances are going to be essential (moving forward),” Cole said during the podcast. “Employers don’t need multiple vendors to manage. They don’t need many different billing schedules. (They) don’t need confusion about where to put what in the recruiting process.”</span></p>
<p><span style="font-weight: 400;">Meanwhile, HR tech alliances </span><i><span style="font-weight: 400;">can</span></i><span style="font-weight: 400;"> deliver what employers do need: better solutions. In the case of a <a href="https://blog.greenthumbs.in/tech-teams-in-india" target="_blank" rel="noopener external noreferrer" data-wpel-link="external">tech recruiting</a> solution stack, employers will get faster and more accurate screening results—candidates not only will be delivered more quickly to hiring managers, but they also will be of higher quality.<br />
</span><br />
<span style="font-weight: 400;">Of course, alliances are also attractive to providers, as their offerings are more attractive because being part of a solution stack makes them more robust and efficient. Additionally, providers can share referrals and combine on marketing efforts, among other benefits.</span></p>
<p><b>Lose the Bad Hires and Make Everybody Happy</b><br />
<span style="font-weight: 400;">Ultimately, Cole explained, it’s critical for all employers—from startups to market leaders—to identify the right tech candidates the first time. Bad hires cost more than $10,000 per year and wipe out the gains of more than two superstar employees, according to </span><a style="color: #44c8f5;" href="https://hbr.org/2016/02/how-to-avoid-hiring-a-toxic-employee" data-wpel-link="external" target="_blank" rel="external noopener noreferrer"><span style="font-weight: 400;">Cornerstone OnDemand</span></a><span style="font-weight: 400;">. Bad tech hires, meanwhile, almost surely are even costlier. Among the ramifications:</span></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Technical problems contribute to products not being delivered properly or on time to customers</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Software and other technologies not working properly for customers and internally</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Lower morale on technical teams</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Work backlogs</span></li>
</ul>
<p><span style="font-weight: 400;">As Cole noted, companies today need to differentiate themselves with their technology, and they need strong IT and tech teams to make that happen. By stacking their solutions, HR tech providers can help HR and tech leaders get the talent they need.</span></p>
<p><span style="font-weight: 400;">“When the hiring manager is happy, we’re all happy,” she said. “When the HR director, the VP of HR are happy, we’re all happy.”</span><br />
<span style="font-weight: 400;">We believe that the right stack of screening solutions, including technical screening, will make everybody involved with tech recruiting happy.</span></p>
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<p><span style="font-weight: 400;">The podcast is embedded above. </span></p>

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<p>The post <a rel="nofollow" href="https://resources.eteki.com/talking-solution-stacks-better-answer-tech-recruiting/" data-wpel-link="internal">Talking Solution Stacks: A Better Answer for Tech Recruiting?</a> appeared first on <a rel="nofollow" href="https://resources.eteki.com" data-wpel-link="internal">Resource Center</a>.</p>
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