For many executives, stepping away from a business can feel distant or even uncomfortable. Yet, responsible leadership includes preparing for the day when you’re no longer at the helm. Business succession isn’t just about retirement, it’s about ensuring continuity, protecting company value, and preserving the legacy you’ve built. At The Richmond Group USA in Richmond, VA, we’ve seen how careful preparation can...
by Zach Price As a recruiter, it’s easy to get caught up in metrics, placements, and filling the role. But if that’s all you focus on, you miss the bigger picture—and so does your candidate. The most meaningful and lasting relationships in recruiting are built not by pushing people into...
by Zach Price In the world of professional sports—and business—there’s a fine line between operating efficiently and underinvesting to the point of mediocrity. Unfortunately, this is evident with one of my rooting interests, the Washington Nationals. I took an interest about fifteen years ago, a few years after the Expos...
by Zach Price When most people think about a job change, they’re usually aiming for more—more money, more responsibility, more perks, bigger titles. Sometimes, the smartest move is choosing less. Less toxicity. Less anxiety. Less Micromanagement. Less chaos. This is the decision that I candidate I worked with was facing not...
As a specialized recruiter that has partnered with OEMs (Original Equipment Manufacturers) for the last 10+ years, we have identified generational trends within the industry that are impacting most organizations. By understanding the trends and learning from organizations that have successfully adapted to them, our goal is to provide insight...
The banking industry is undergoing rapid transformation—from compensation concerns to strategic overhauls and shifting business priorities. As recruiters in the Banking & Financial Services space, we’re seeing these trends play out in real time, impacting both employers and candidates. Whether you're navigating M&A changes, strengthening deposit programs, or rethinking your...
As the banking and financial services landscape evolves, so do the strategies needed to stay competitive. From avoiding costly hiring mistakes to preparing for leadership transitions, understanding the latest trends can give you a clear advantage. At The Richmond Group USA’s Banking & Financial Services Division, we’re committed to...
In today’s competitive manufacturing landscape, retaining top talent is more critical than ever. With Baby Boomers retiring at an accelerated pace and the Generation X workforce unable to fully bridge the gap due to its smaller size, companies face a significant talent shortage. Many organizations struggle to attract and train...
Hiring is a complex process that requires careful consideration of both fixed and variable costs. While internal recruitment offers control and consistency, external agencies provide flexibility and expertise. Rather than choosing one over the other, a strategic blend of both approaches allows businesses to optimize their hiring process. By leveraging...
by Terri Kubicki Amidst the ever-changing landscape of talent, hiring, and retention, some companies effortlessly attract and retain top talent, while others struggle to fill positions that remain vacant for extended periods of time. Our continued goal in each of our relationships is to provide thoughts and insight into the factors...
We recently ran a poll asking our audience if they are showing up as the person they want to be. Whether you realize it or not, you're showing who you are every day through your actions. This statistic impacts workplace environments. How you show up and treat people means everything in your journey...
As more and more candidates turn to social media for job research, companies are taking advantage of these platforms as part of their hiring strategies. Social recruiting and recruitment marketing strategies are becoming an increasingly important part when it comes to talent acquisition since research indicated that more than <a...</a...
With much debate over the U.S. economy potentially entering a recession and labor shortages continuing, it is an excellent time to ensure your value and take steps to prepare for a pending recession. How do you prepare for a future recession and possible layoffs? Check Yourself then Promote Yourself In times of uncertainty, see...
You just transitioned to a new job, it’s a great opportunity and you want to ensure you start off on the right foot. With every new job comes a bit of stress and nerves as you find your way of doing things. Staying on top of everything you need to learn...
There is a head-spinning relationship between time and one’s ability to close a deal or lock down great talent. Those in the recruiting industry know time is the enemy and it is a relentless deal killer. Our recruiting experts understand interest declines over time. Therefore, it is imperative to make...
Managing change has always been tough, however, it has been especially difficult these past few years. Considering pandemic adjustments, lay-offs, accepting new positions, remote workforce transitions, returning to the office and adapting to inflation have certainly increased our rate of change. Moreover, the constant modernization of technology and workforce standards...
Why feedback matters It’s not easy to be on either side of bad news; being rejected for a job or having to tell someone that you’re not offering them a role they’ve invested time and energy into is not an enviable position. How an organization handles applicants is perceived as a...
The principal factor influencing a person's success, whether personal or professional, is one's mindset. What you consistently think about has a direct impact on your behavior and output. What some may consider a trivial thing makes a stark difference and accounts for the primary distinction between those who succeed and...
This year is expected to have a record number of Americans retiring. Several factors are driving this retirement surge, including the ongoing coronavirus pandemic. Two million more workers retired during the pandemic than trends predicted. An estimated 50.3% of adults aged 55 and over left the workforce...
A Resume is Not a Conversation We took a recent survey and of course, it seems obvious that everyone wants to look past that 8×10 piece of paper, most hiring professionals simply don't have time to do what recruiters are exclusively dedicated to – having conversations. Resume formats may have evolved...
Our company has noticed emotions are high due to economic changes. As recession talk heats up, so may your anxiety. In this recession, the direction of the labor market will be key in determining the future state of the economy. Following a typical recession, when consumers buy less, businesses cannot sell as...
Job descriptions are the first thing a potential employee will read when looking to apply for a role at your company; therefore, they are essential to master. It is vital to write a good job description if you want to attract the perfect candidate. Most job descriptions are too broad and...
The average adult makes more than 35,000 decisions per day. From the moment we wake up, we’re bombarded with choices. Some are small like what to have for breakfast, others are more important, like considering a career change. In tandem, they can weigh heavily on our mental state and...
The terms “leadership” and “management” are often used interchangeably. While there is some overlap between the work that leaders and managers do, there are also notable differences. The main difference between leaders and managers is that leaders have people follow them while managers have people who work for them. Leaders are...
A lateral move is a career change where an individual moves from one position to another with little change in their salary, title, or level. That may not sound enticing, but hear me out. Career shifts are bound to happen throughout your career and lifetime. So why not explore and...
Career progression is essentially an employee’s ‘workplace journey.’ It encompasses all the steps one takes in their career to improve. Typically, a combination of titles, compensation or skills – and the steps it took to achieve this winning trio. Some careers have obvious and clear progression, lucky. On the other hand,...
Compensation strategies help increase the motivation and retention of your employees. Compensation shows your employees and interested candidates that you value them. This may also be seen as an indication of how fairly they will be treated as an employee. Having an established compensation strategy allows you to predict costs for...
It is no secret that higher costs of living and rising inflation have affected the market. Just take your vehicle to the nearest gas station and squeal as you see the numbers spin. The U.S. inflation rate reached 8.6% in May, becoming a 40-year-high. Add in a dash of market...
Do you ever stop yourself and ask, “How do I know?” or do you jump to conclusions? Assuming really can make an ass out of u and me. Assuming can also be the reason you do not consider an opportunity or idea. There are two sets of assumptions when working with...
Have you heard the saying “if you want something done give it to someone that is busy”? Well, its true success is connected to action, however, it is not necessarily connected to staying busy. A better version of the saying is “if you want something done give it to someone...
Have you ever felt like you do not know your purpose professionally? Perhaps you are a professional with a broad skill set that could work within a multitude of jobs or industries. Having several areas where your skills are valued is a wonderful thing, however, it can cause a sense...
Your employer brand impacts a candidate's interest in working for your organization and you. Organizations that understand this and take action position themselves as an “employer of choice.” In this week's tip, we provide three ways you can positively #impact your employer brand. Treat candidates like customers Respond to both negative...
Should I Stay or Should I go? Am I passionate about my work? Will my current job allow for eventual advancement? Am I learning & growing as a person and professional? Will my current job provide the experience or knowledge that will help me do the work I want to...
