- Office Party
- Posts
- BEST Job Seeker Resources for December
BEST Job Seeker Resources for December
PARTY PLAN 🎉
đź“– BEST job seeker resources of December 2024
🧠S&P 500 brain drain
✖️ Ex-Apple employee in trouble!
And, of course, MEMES!
MEME OF THE DAY
Wondering if you’ll ever get feedback from the interview you took 4 months ago
— The Random Recruiter (@randomrecruiter)
5:00 PM • Dec 9, 2024
JOB SEARCH
The BEST Job Seeker Resources for December 2024
Sponsored by the U.S. Department of Labor, CareerOneStop offers tools for job searching, resume building, and exploring career paths. It’s especially useful for those looking to switch industries or explore training and certifications.
Perfect for job seekers interested in startups, AngelList allows candidates to apply for roles at innovative companies in tech, media, and other industries. It’s also a great way to connect directly with founders and hiring managers in smaller, fast-paced environments.
Idealist is a bit more niche for job seekers passionate about making a difference in the world. Idealist focuses on nonprofit, volunteer, and mission-driven jobs. It’s a great platform for finding roles in social impact, education, healthcare, and environmental fields.
The Muse is like a hybrid between a Glassdoor and Indeed. The site includes plenty of great job listings as well as company profiles, providing insight into workplace culture and employee testimonials. It also features career advice articles and coaching services, helping job seekers make informed decisions about where to apply.
Everyone already knows about this one. The one-stop-shop for leveraging all the AI tools you could possibly need in the job search. Like it or not, AI is a part of the job hunt nowadays, and job-seekers who don’t utilize it are putting themselves at a huge disadvantage. Thankfully, Job Party offers everything job-seekers need in terms of AI tools at less than $20/month.
REMOTE WORK
S&P 500 Brain Drain
After implementing return-to-office mandates, S&P 500 companies experienced “abnormally high” employee turnover and longer time-to-hire when filling job vacancies, according to new research from the University of Pittsburgh.
The increase in turnover rates was most pronounced among skilled workers, women, and older employees.
“These results are consistent with firms losing their best talent and female employees and facing greater difficulties with talent attraction after RTO mandates. Our study highlights brain drain as a significant cost of RTO mandates, even for the largest firms in the world.”
The study tracked over 3 million tech and finance workers’ employment history on LinkedIn to analyze the effect of RTO policies across S&P 500 companies. Aside from high turnover and slow hiring, the researchers found companies’ hire rates also significantly decreased after RTO mandates. On average, the time to fill job vacancies increased 23%, and the hire rate decreased 17% after RTO mandates.
Earlier in 2024, the same group of researchers found that RTO mandates not only hurt employee satisfaction but also failed to boost company profits.
Despite all the negative data regarding RTO, 70% of companies said they’d increase or maintain in-office days in 2025, according to another Resume Builder survey. About 80% of employers said they lost talent due to RTO mandates, yet 25% said they planned to increase in-person work requirements.
PAY
Ex-Apple Employee Finesses $150k+
Uh-oh, we’ve got another employee(s) gone rogue story! Last week, the Santa Clara district attorney’s office charged six former Apple employees for allegedly defrauding the company and state using a charity donation scheme.
Under the scheme, a group of employees donated through Apple’s gift-matching program to two children’s charities where another employee was on the board. Apple matched the donations at a rate of either 100% or 200%. The employee who worked for the charities pocketed Apple’s matching funds and returned the other employees’ donations — which the donors then wrote off on their tax returns.
Altogether, the group of former employees extracted $152,000 from Apple’s gift-matching program and over-reported about $100,000 in donations as tax deductions.
The defendants face multiple felony offenses and may face jail time, fines, and/or may be forced to pay back restitution if convicted.
A 2022 study of over 2,100 occupational fraud cases by the Association of Certified Fraud Examiners found an average loss of $1.7M and total losses exceeding $3.6B. So these employees finessed less than 10% of the average and still got caught. What a bunch of rookies! The ACFE said industry professionals estimated that organizations lose 5% of their revenues to occupational fraud each year.
GET IN FRONT OF 10,000+ HR LEADERS, FOUNDERS, AND RECRUITERS
Advertise with The Office Party and promote your company to decision-makers at top companies. Get in touch.
LET’S HEAR IT…
What do you think of today's party? |