Best of the week: Employers prepare for a hiring frenzy

Virtual recruiting

Employers are ramping up their hiring efforts across all generations of the workforce.

Hiring for summer interns, recent grads and even retirees returning to the workforce is top of mind for employers this year. More than 80% of organizations plan to recruit new staff in 2021, , according to Monster.

Read more: The biggest recruiting trends this year

The shift to virtual work means that employers are using remote recruiting platforms and expanding their pool of talent to create a more diverse workplace. Artificial intelligence is another tool helping employers find the best and brightest talent.

See how employers are navigating remote recruiting and what they’re looking for in our top stories from the week:

How companies can keep their edge as recruiting ramps up

Recruiting is expected to ramp up in the coming months and employees and employers are preparing to navigate a new hiring landscape.

Almost half of employees plan to look for a new job this year, according to research from job searching site Monster. Employees can feel optimistic about their options as: over 80% of employers plan to make new hires and hire back previously laid off and furloughed employees. With so many options available to prospective candidates, it’s important for companies to keep their edge amidst a competitive landscape. The first step is properly marketing job openings at your organization.

Read more: How companies can keep their edge as recruiting ramps up

20 companies hiring new graduates

College graduates are facing an uphill battle when it comes to breaking into the workforce, but many employers are ready to welcome them with open arms.

Handshake, a job searching platform for college students, named 120 employers across all industries that have ramped up their virtual recruiting and early talent programs to secure new hires. Young employees have a keen eye on what they’re looking for in their prospective employers: 80% prioritize a company’s reputation when searching for a job, according to Handshake. A third of students and recent alumni want employers to provide clear communication during the job searching process.

Read more: 20 companies hiring new graduates

Retirees are ready to rejoin the workforce post-pandemic

Retirees are feeling the effects of an unstable economy and it’s causing many of them to seek out new job opportunities.

Due to COVID-19, nearly 1 in 4 retirees feel it is “extremely necessary” for them to return to work and generate income, according to a study conducted by Bay Alarm Medical. Forty-five percent of retirees said they’ve already applied for remote-work gigs or positions, even though nearly half feel there is a significant technology skills gap to overcome. As vaccination efforts continue to progress, those workers are concerned with returning to the workforce amidst an anticipated competitive hiring frenzy.

Read more: Retirees are ready to rejoin the workforce post-pandemic

Glassdoor ranks the top 25 highest paid internships

While many Americans are still out of work because of the pandemic, some college students are lucking out with internships that pay top dollar, even in the current unpredictable economy.

This summer, some interns could be earning over $8,000 per month, according to Glassdoor research on the highest paid internships. The majority of the companies paying interns huge sums are in the tech industry. Employers like NVIDIA, Facebook and LinkedIn pay their interns close to $96,000 per year.

Read more: Glassdoor ranks the top 25 highest paid internships
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