Recruitment Database As Key To Success

Do you also have that one vacancy and none of your candidates is truly convincing? The solution for this problem is obvious: increase the pool of candidates. What sounds easy in theory is difficult for your HR department in practice. Mastering that challenge requires a broad and well maintained recruitment database beyond LinkedIn. That’s where we can help you. Over the past, we saw even multinational companies struggling with one major challenge. Public job postings generate a very limited pool of relevant candidates. Reason is not your unskilled personnel but rather a tight time frame for the few permanent HR employees to source candidates. Too often, they cannot select candidates from a sufficient talent pool and need to accept what has been gathered in short…

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Source of Liquidity – Sale and Lease back

If you have in the past few years purchased equipment with own funds and you would now need the liquidity you can monetize these assets via a Sale & Lease back structure. Just sell the assets on book value to a Leasing company and lease back the equipment over the next few years. Besides gaining immediate additional liquidity you can also have tax incentives as lease payments are OPEX and fully tax deductable - so you can shorten the depreciation time and reduce your tax burden (for details please consult with your tax advisor).Feel free to contact me for additional discussions: volker.bromund@prime-consultancy.com

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Reduce Bad Hires & Increase Employee Engagement with Humanostics

Matching experiences and skills of a candidate with your job requirements is usually the easy part. A job interview clarifies, if the appearance and mindset matches with your expectations. But how do you evaluate a candidate’s potential performance? Or in practical words, are you sitting in front of the new shooting star or rather a mismatch? To answer that question, it's necessary to understand a person’s working behavior and cognitive strengths. Recruiters will agree that these variables can hardly be covered by analyzing résumés or snapshots in form of an interview. Nevertheless, it is crucial to avoid bad hires in order to ensure fruitful work relations in long term. Otherwise, employees may follow the next best job offer from another company, taking with them all…

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Increase Your Sales by Extended Credit Terms and Higher Credit Limits

Payment terms and account receivables are always a topic when strategies are internally discussed how to increase sales and do more business with existing or new customers. Extending payment terms to longer tenors or increasing supplier credit lines are often requested by customers - but granting that has three major impacts: The cash flow will be delayed and many suppliers don't have the liquidity or credit lines to allow such extended credit terms. The longer the payment terms the higher the risk that in the future the customer cannot pay and will default as he will use the revenues from his customers not to pay the supplier but will use the funds for other purposes. Higher credit limits increase the risk of higher losses in…

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