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🎉 Office retreat gone HORRIBLY wrong

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Good Afternoon Party People! 🎉

First day back after a long weekend… But at least we got some interesting stories to make the day a bit more bearable! And trust us, your day isn’t as bad as the employee that got left in the Rocky Mountains…

PARTY PLAN đźŽ‰

🤝 Companies w/ the shortest and longest interview process

🏔️ Office retreat gone wrong

đź’° Average worker outpaces inflation by $1.4k

And, of course, MEMES!

MEME OF THE DAY

JOB MARKET

Companies w/ the shortest and longest interview process

chart of hiring time at companies

The hiring process is taking longer and longer as the labor market recovers from COVID-19 and companies figure out what the next five years might bring. Career.io analyzed publicly shared data to find which major companies take the longest and the shortest to hire new employees. Here were some key findings:

The FBI has the longest interview process, averaging 39.27 days from the first interview to first day on payroll.

McDonald’s has the shortest interview process, with the average hire starting 5.32 days after being seen. That time is cut to less than a day for anyone who can fix an ice cream machine.

Uber is the quickest tech giant to convert interviewees to employees averaging only 9.34 days (drivers don’t count).

Apple (22.05 days) is second behind Oracle (25.56 days) in the longest hiring process among major tech companies. Steve Jobs must be rolling in his grave hearing this result considering his take on hiring from 2008: “Would I enjoy going out for a beer with this person? You can't know enough in a one-hour interview. So, in the end, it's ultimately based on your gut. How do I feel about this person? What are they like when they're challenged? Why are they here?” Safe to say he would not have been a fan of a 3+ week hiring process.

Other notable companies in the study included: Netflix (14.23 days), Meta (20.46 days), Google (20.74 days), Starbucks (8.03 days), and Jimmy Johns (3.87 days, freaky fast!).

All these times can be cut down by leveraging the power of AI in the job search with Job Party. Just ask some of their users! 👇

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Ruben Monero, EVP Sales, Poeink

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Kasey Porter, Recruiter

BAD COWORKERS

Office retreat gone wrong

We’ve covered bad coworker stories in the past, but this one takes the cake. Last week, a worker on an office hiking retreat to a national forest in Colorado had to be rescued after 14 of his colleagues allegedly left him stranded on a 14,230-foot mountain. Must’ve been a pretty awkward first day back at the office…

According to search and rescue officials, the team-building expedition gone wrong unfolded Friday on Mt. Shavano in central Colorado's San Isabel National Forest. To make things worse, his colleagues descended the mountain ahead of him and collected the items meant to mark the path back down. This guy had to have been microwaving fish in the break room.

The man, whose name and company were not released, used his cellphone to pin-drop his location to his co-workers, who informed him that he was on the wrong route and instructed him to hike back up to the summit to get to the correct trail down. Before he could make it back on track, a storm passed through the area with high winds and freezing rain, causing him to become disoriented once again.

When his colleagues didn’t hear from him, they reported him missing to the local search and rescue, but the freezing rain and high winds made it nearly impossible to conduct a rescue mission or operate a drone in the area. A rescue helicopter flew over the area where the hiker last dropped a pin, but found no sign of the man, leaving him to spend the night stranded on the mountain.

The man eventually regained cellphone service the next morning and was able to call 911 and report his location. He was taken to a hospital where he eventually was in stable condition. “Ability to survive in the mountains after coworkers leave” is definitely a bonus to add to the resume!

EARNINGS

Average U.S. workers out-earned inflation by $1,400 per year

In the tug-of-war between paychecks and prices, the typical American worker has come out on top. According to an analysis published by the treasury department, earnings have risen enough to outpace inflation for middle and lower-class workers. The report published last month found that the median worker can purchase the same basket of goods and services as they did in 2019 and still have an extra $1.4k left over per year.

However, not all workers fall into the median. High interest rates, astronomical housing costs, and a softening job market may better capture many Americans’ current financial realities than any single statistic.

“People might have been attached to prices of things where they were before. They have a meaning even if those goods are still affordable. There may be expectations about how much things are supposed to cost that haven’t caught up to reality, even if incomes have gone up.”

-Elise Gould, senior economist at the Economic Policy Institute.

The Consumer Price Index climbed about 21.7% between the four quarters of 2019 and the four quarters ending in the second quarter of 2024. But over that same period, median weekly earnings, which include before-tax wages plus any commissions or tips, climbed 24%, for a gain of 2.3% beyond the inflation rate, the Treasury analysis found.

graph of purchasing power vs inflation

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