‘Referral hiring isn’t great for diversity’

“We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year’s Day.”  ― Edith Lovejoy Pierce

Happy New year! Happy new changes!

New Year’s Day marks a new chapter in many peoples’ lives. For a large number of employees, career related changes are among their top new year’s resolutions.

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Source-Pixabay

The title for this post was taken from an article I came across on Bloomberg- “Hiring an Employee’s Buddy Is Fueling a Major Workplace Crisis”

As a job seeker, you’ve probably heard someone explain the importance of networking and why you should network, network and keep on networking!  It’s a fact that nowadays,  getting a job is mostly about who you know and much less about what you know!

But how well does the referral hiring work?- In an article- How do social networks affect labor markets? – Ian Schmutte,  assistant professor of economics at University of Georgia, USA  explains that “Referral networks can help employers find better workers as well as help workers find better jobs. More generally, these networks can speed up the rate at which workers and firms find each other.”

So where’s the catch?  In the article, Ian Schmutte also adds that ” … networks can also be segmented along racial, ethnic, and socio-economic lines, which brings into question the effect they may have on inequality between and within different groups of workers.” Read on the full article here

Other interesting reads-

-Thinking about recommending your friend to your employer?  Here are 12 things to keep in mind. (Forbes) Also, here are tips on  How to Recommend a Friend or Colleague for a Job

-‘Bore out’- a new term i learnt the other day. It’s all about boredom at work. I read a story about a 44-year-old Parisian Frédéric Desnard, who sued a firm for being ‘bored out’ of his job. Although he held a managerial role in a perfume business, he often felt depressed and didn’t like the idea of his former employers giving him menial tasks. He is not alone. According to a BBC article, workplace boredom is a common problem in various organisations and it’s usually a major source of stress for many people.  Can you handle boredom at work? Here are a few tips on how to cope with boredom at work

-The underemployed workforce- “Any job is better than no job at all…” right? Well, yes if it is temporary. And no,  if you’ll have to permanently do certain jobs involuntarily. Who are the ‘underemployed’?  Underemployment among recent college graduates is still a problem on the rise. It’s a fact that a high number of graduates find it difficult to secure well paying jobs right after college. According to sources, many settle for ‘low skilled’ jobs which are usually “non-college” jobs. –  How to get graduate jobs

–  Goal setting and achievement- How to set your goals and how to focus on them? Here’s a concept i watched on Marie Forleo  YouTube channel

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