Ghosting

first_imgGhosting can occur in many parts of the candidate/employee lifecycle. Three points in time specifically stand out to me – the applicant, the candidate, and the new hire – where HR partners, recruiters and hiring managers can make some changes to minimize their chances of being ghosted. What is common between all three of these? The importance of timely communication! The Applicant Online job boards make it so easy for people to just click and apply. When I get an applicant from one of these sites that look good, I’m excited, but not that hopeful. I’ll usually call or email but not hear back. However, the sooner I reach out after they’ve put their application in, the more likely I am to get a response. I put my email address in the job postings, so if someone takes the extra step to apply and send me an email, I’m more likely to reach out to them because they’ve explained that they’re serious about their search and interested in the role I have posted. It’s common to be ghosted in the applicant process because at this point people have no skin in the game because they’ve never interacted with you. The Candidate Someone who’s applied does return your call or email. How are you going to keep them engaged throughout the process? I can easily tell if one of my candidates prefers phone or email. I can tell if they do better with multiple one-line emails going back and forth, or if they will read/process one longer email with everything they need to know. Since candidates are driving the bus in the current market, it’s important for HR Reps/recruiters to adapt to their candidates’ communication preferences. Timing of feedback is another important aspect. If you leave a candidate floating out there for over a week with no feedback after an interview, they may already be on to the next opportunity. The New Hire What can you do now to minimize the chances of being ghosted once someone has shown up for their first day? In the industry I work in, manufacturing, it’s definitely a candidate driven market and there is a skills shortage in my area for machinists and mechanics. People care about more than base pay, and they need to offered a great place to work and other perks because otherwise they will have no problem going down the street to the competitor for 25 cents more an hour. To limit your chances of being ghosted, really evaluate what your employee value proposition is and how you’re explaining that to applicants and candidates, and then how you’re walking the talk once they start. Another important aspect is to build a relationship with that new hire starting on day one. People are less likely to ghost someone they know well and respect.last_img read more

True Ventures: The VC Startup

first_imgTop Reasons to Go With Managed WordPress Hosting Tags:#A-team#start Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… Related Posts center_img This is the first in a weekly series of interviews with venture capitalists. We chose True Ventures to kick off the series because it closed a Series A deal for Syncplicity in the dark days of October 2008, earning it a spot on our A-Team. When it closed a second Series A with Loopfuse in February 2009, it joined a very small contingent of VCs that have done two Series A deals since the financial meltdown.Listen to the InterviewDownload the MP3.True Ventures is a VC startup. It is small, scrappy, and willing to take on the big guys and question the status quo. You can listen below to the whole 24-minute interview with Phil Black (Partner) or just read the abstract here. If you plan on meeting with True Ventures (or indeed pitch to any VC), listening to the whole interview may be a good investment. Most of his points are well known; what is different is how True Ventures is acting on them.The Changing VC ModelQuestion: As the VC model changes — more singles, less out-of-the-park home runs — does that mean earlier profitability and that VCs must fund all the way to profitability?Phil pointed out that 85% to 90% of exits are trade sales, which has always been the case, and that the majority of companies exit between a range of $25 and $75 million. The outliers get all the press, but the bell curve is pretty standard. Exiting between $25 and $75 million is decent as long as you have not invested $40 million to do it. So the right formula is to invest less money in more capital-efficient ventures. Doing this is possible because of the lower costs of startups today, as a result of better platforms, outsourcing, and a capital-efficient mindset and management toolkit.As Phil put it, “It is possible that the VC model is geared towards the big, big wins, and that’s not the mainstream of what most entrepreneurs want today”. He stressed that entrepreneurs need to find a VC that will enable them to “raise the amount that he or she wants to raise based on the needs of their business, not on what the VC’s needs are”.Question: What is the exit for a smaller but profitable venture?Phil described two different types of exit valuations:Type A, based on a financial metric, such as a multiple of revenue or profit, where the acquisition can be accretive to earnings.Type B, based on the price at which the acquirer “does not want to lose the company” for some strategic reason. Current profit is neither necessary nor a primary consideration in this type of valuation.Type B valuations are higher, but buyers are scarcer, whereas Type A valuations always attract plenty of buyers. So it depends on your appetite for risk, which makes the answer to our next question interesting.Question: For a long time, there has been a difference in risk tolerance between the entrepreneur, who has only a few shots at success, and the VC, which has many shots. The entrepreneur probably has had to borrow money to get Series A funding, while the VC typically has less of its own money at stake. So the VC may have a higher appetite for risk than the entrepreneur. Do you see this changing, and how?True Ventures has clearly thought about this carefully. As Phil put it, “Alignment of interest is critical.” The VC does not want an early strong performer to exit too soon just because the entrepreneur needs some cash and security. The really big returns still come from the outliers and not the middle of the bell curve. But for the entrepreneur who has struggled for years and is not financially secure, a “few million dollars” is life-changing.When an entrepreneur is faced with an opportunity to exit, the decision is often between certainty (an acquisition offer) and uncertainty (the possibility of building a bigger business over time and getting more money later). Phil said that True Ventures’ aim is to offer both certainty and the opportunity to build a bigger business over time.“We have countered every acquisition offer with a term sheet for that entrepreneur, so that they have a firm alternative,” said Phil, adding, “By no means is it a requirement that they take it.”Scale First, Monetize LaterWe also asked Phil for his opinion of “scale first, monetize later” ventures such as Twitter. He pointed out that that model was “all the rage 10 years ago and had disastrous effects for a lot of the companies,” but that the model is okay as long as you “have some kind of framework with which you are going to monetize.”He quoted Toni Schneider, a Partner at True Ventures and CEO of Automaticc, “You have to be able to exercise that muscle.” Getting revenue early will lead you to more revenue opportunities, and you will get better at it.The example of forgoing early revenue that everybody cites nowadays is of Google resisting the temptation to put advertising on its home page. The lesson from that is not to delay revenue, but rather to choose the optimal revenue model for your business.Talking Their BookVCs have to hustle like the rest of us, and we want to give them a chance to promote one or two of their portfolio companies at the end of our interviews. The two that Phil chose to highlight are:TextDigger: feed your site into TextDigger and it will highlight the words you should be using to better promote your business online.LoopFuse: marketing automation using open source, from a team that includes both former JBoss and BEA executives.Listen to the InterviewDownload the MP3. bernard lunn 8 Best WordPress Hosting Solutions on the Marketlast_img read more

South Dakota ~ Corporate Income, Franchise Taxes: IRC Conformity Bill Passes House

first_imgCCH Tax Day ReportThe South Dakota Senate has passed a bill that would, if enacted, update South Dakota’s bank franchise (income) tax federal Internal Revenue Code (IRC) conformity date to January 1, 2017 (the current conformity date is January 1, 2016). The bill passed the South Dakota Senate on January 17, 2017.S.B. 38, as passed by the South Dakota House on January 25, 2017last_img

Harden surpasses 15,000 points as Rockets trip Nets

first_imgRobredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games ‘We cannot afford to fail’ as SEA Games host – Duterte LATEST STORIES Don’t miss out on the latest news and information. Chris Paul added 25 points for the Rockets, who kept right on rolling in their first game since their nationally televised romp in Cleveland on Saturday.“It’s all coaching out there. You saw that, right?” Houston’s Mike D’Antoni said. “Chris Paul, James, you got those two guys, it’s one or the other. It’s unbelievable.”FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingBoth teams made 16 3-pointers in an entertaining shootout between D’Antoni’s Rockets and the Nets of Kenny Atkinson, who assisted D’Antoni in New York and has the Nets trying to do some of the things Houston does on offense.But it’s one thing to be like the Rockets and another to beat them. Houston simply went to another gear when Brooklyn took the lead late in the third quarter and never stopped scoring long enough in the fourth to let the Nets get too close. SEA Games: PH still winless in netball after loss to Thais Do we want to be champions or GROs? – Sotto “In the first half they were making shots. Second half, especially at the end of the third quarter, we had to lock down, get stops and push the lead ahead,” Harden said.DeMarre Carroll scored 21 points for the Nets and Spencer Dinwiddie added 18 points and nine assists. Brooklyn has lost seven of its last eight.“We never found a solution to stop them, obviously,” Atkinson said. “They made a lot of tough shots.”The Nets had an 84-80 lead when Dinwiddie hit from nearly 10 feet behind the arc with 3:38 remaining in the third. The Rockets charged back with 11 straight points, including two 3-pointers by Gerald Green, to go up 91-84.“We just started getting stops on defense,” Paul said. “All game long it seemed like they were just too comfortable, and they played well. I think you got to give them a lot of credit. They moved the ball well, and then we just locked in defensively, started making some shots.”ADVERTISEMENT PH military to look into China’s possible security threat to power grid BeautyMNL open its first mall pop-up packed with freebies, discounts, and other exclusivescenter_img Brooklyn ended the run with a pair of free throws but Paul then was fouled behind the line and made all three. He scored the final basket of the period to make it 96-86 when Nene freed him for a layup with a devastating pick on Caris LeVert, knocking him out of the game.TIP-INSRockets: Eric Gordon returned after missing 2½ games with low back stiffness, scoring 13 points. … D’Antoni said F Trevor Ariza (left hamstring strain) still had a little way to go before coming back, saying there was no timetable yet for his return.Nets: LeVert was being evaluated for a possible concussion. … Brooklyn remained without starting F Rondae Hollis-Jefferson because of a right groin strain. Quincy Acy, who had been starting in his place, was sidelined with a sprained right middle finger.HELPING HANDSThe Rockets’ star backcourt got plenty of help from Clint Capela (18 points, 11 rebounds) and Green (16 points). Also, the Rockets outscored the Nets by 17 points during Nene’s 14½ minutes on the court.UP NEXTRockets: Visit Miami on Wednesday.Nets: Visit Detroit on Wednesday.Sports Related Videospowered by AdSparcRead Next MOST READ Magic stun reeling Cavs as LeBron says he’s staying put Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims Houston Rockets guard James Harden (13) drives toward the basket as Brooklyn Nets forward DeMarre Carroll (9) defends during the first half of an NBA basketball game, Tuesday, Feb. 6, 2018, in New York. (AP Photo/Kathy Willens)NEW YORK — That’s 15,000 points for James Harden, with plenty more to come the way these Houston Rockets can run it up.Harden scored 36 points, reaching a milestone along the way, and the Rockets beat the Brooklyn Nets 123-113 on Tuesday night for their fifth straight victory.ADVERTISEMENT Hotel says PH coach apologized for ‘kikiam for breakfast’ claim View commentslast_img read more

Pharrell Williams’ Paris look involves a dash of guy-liner

first_imgPharrell Williams, who is famous for his fashion-forward-ness, took it a notch higher recently. The singer was spotted sporting a not-so-generous dose of eye-liner-for-men – the guy-liner – when he stepped out with wife Helen Lasichanh in Paris recently.Williams had earlier set fashion circles abuzz with his park ranger hat. And now, the ‘Happy’ hitmaker seems to be beginning a trend which involves lined eyes for men. He had earlier sported liner-rimmed eyes at the 2013 Met Ball. However, that event was a punk themed one, and Pharrell’s look was quite in tune with it.Pharrell WilliamsThis time around, The Voice coach rocked a blue hat and track jackets, and carried a clutch purse with a train on it. His guy-lined eyes, however, took the cake. Are thick-rimmed eyes the next to-do thing for men, a la Pharrell Williams, then? We guess only time will be able to tell that!last_img read more