Asset Based Loan

Is Software the biggest hurdle to hiring?

Many medium and larger companies have been evermore using software with the goal of finding the very specific employees they are looking for.     However, is some of the software itself now the biggest obstacle to achieving the goal of hiring needed employees?

The software is in some instances coded to only allow through those applicants that meet all the criteria the company is looking for.   In doing so, there have been complaints by job seekers that the software is looking for an absolutely perfect candidate – possibly a unicorn.

Some of these positions may be well filled by applicants that come close to qualifying, who can perform well with some minor additional training.    Companies are fearful to providing additional training in many cases for fear they are training an employee who will leave to get paid higher compensation by other companies.

Still more alarming, there have been some companies who have done internal testing and realized that many of their current employees would not pass through the software if they applied today.

Time to tweek the software and add back some more human analysis into the decision making.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

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