Roundup: Smoking, The Churn Rate of CMOs and the Uber of Recruiting

roundup: news you should know from the world of work

Catch up with the most interesting news from the world of work this week.

Are you a smoker? Because apart the long list of negatives and grim pictures you already have to deal with you will now no longer want to move to Japan. I don’t know whether that was high on your to-do list or not- sorry if it was. Are you attempting to recruit for a CMO but finding the position harder and harder to fill? Then read on to find out why and so much more in this week’s roundup…

 

1- Yet ANOTHER reason not to smoke

A Japanese company has introduced paid leave for non-smokers. It’s estimated that an average smoking break lasts for approximately 15 mins, so in the name of equality Piala is rewarding non-smokers with 6 days paid annual leave. 

 

What do you make of this news? Can you see this type of incentive to stop smoking creeping into more companies? Would non-smokers be wary about accepting positions here? You’re the recruitment expert- let us know!

2- Why are CMOs the most controversial of all the c-suite?

Harvard Business Review has conducted an in-depth analysis into the increasing churn rates of CMOs (or other titles assigned to Marketing Directors).

CMOs have the highest turnover in the C-suite. According to an analysis by Korn Ferry, they stay in office 4.1 years on average, while CEOs average 8 years; CFOs, 5.1 years; CHROs, 5 years; and CIOs, 4.3 years. Our own research indicates that churn rates may be even worse: We found that 57% of CMOs have been in their position three years or less.
HBR

With some shocking numbers to add extra detail to this article, it makes for a fascinating and thought-provoking piece. Read the full story to find out how we should be recruiting for CMOs. Hint: A lot of it lies in creating an accurate job description because not all CMOs are required for the same purpose.

3- LinkedIn release even more data to the world

LinkedIn has branched out and added another piece to it’s LinkedIn Top Companies List. The professional social network is now also dedicated to compiling data on the top startups from all over the world- though obviously many of them are located in Silicon Valley. LinkedIn Top Companies | Startups was launched last week. We admit we were a little surprised to see some names like Dropbox there but apparently it still fits the startup criteria! Linkedin defines this startup list with the following rules:

“To be eligible for the Top Companies | Startups list, we looked at companies that are no older than 10 years, have at least 100 employees, are independent and privately held, and have at least one round of venture-backed funding.”
Linkedin Business Blog

For more information on the Top 50 startups according to Linkedin read the announcement on the LinkedIn Business Blog.

4- The Uber of recruiting!?

Find out what sort of product has ERE calling it the “Uber of recruiting”.

This product may be old news to some of you- we’re not usually late to the game but we only came across this intriguing piece of technology recently. Feel free to tell us in the comment section if this has been on your radar for months and we’re acting like the grandads of recruitment tech!

Talenya has caught the eye of recruiting professionals and tech enthusiasts. Although they admit the design still has some way to go it’s the potential that lurks in the backend that is causing excitement. Talenya gives recruiting power to muggles. In short, it helps non-recruiters recruit! Does it sound awful or brilliant? We’re not quite sure. ERE did a bit more digging so head over and see which side of the fence you sit on!

 

Join the conversation in the SocialTalent Community and tell us what you make of all these news stories. Are they just overy-hyped threads or does soma value lie deep within. Let us know!

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