🐶 Snoop Dogg's new gig

👋 Happy Thursday! And thanks to the hundreds of you job-seekers who signed up for our new Weekly Jobs newsletter last week. We’re up and running, every Monday—subscribe with one click here.

Speaking of open roles, a few big ones got filled this week: The slots for NBC Olympic commentators at the upcoming Paris 2024 games. NBC revealed yesterday that Kelly Clarkson and Peyton Manning will jointly host their broadcast alongside NBC Sports reporter Mike Tirico. And none other than Snoop Dogg secured the gig as an on-the-ground commentator. In the words of an NBC executive who announced the news: “He really wants to be Snoop on the loose and to follow the Dogg, double­-G.” Yeah … we feel weird about all of this too.

Thoughts? Questions? Comments? Please let us know. We’d love to hear from you.

— Team RecruitmentMarketing.com ✨

Today’s edition is a 6-minute read. Here’s what to expect👇

🗞️ Top companies for career growth
💰️ Tech firms leasing less office space
📋 Gen Z prefers hybrid work
💻 ESPN, Chipotle hiring for TA roles
💼 Tesla, Google announce layoffs

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This week, LinkedIn released its 8th annual “Top Companies” list, a data-backed ranking of the 50 best large employers to “grow your career” in the US.

What’s in a top company?
LinkedIn ranks organizations based on eight pillars that they say have been shown to lead to career progression: Ability to advance; skills growth; company stability; external opportunity; company affinity; gender diversity; educational background, and employee presence in the country. Researchers noted that they only considered companies that had 5,000 global employees or more and that they excluded staffing agencies, government offices, educational institutions, LinkedIn itself, and its parent company Microsoft. Oh, and they also removed from consideration companies that have laid off 10% or more of their workforce in the past year. That’s what we call karma!

Drumroll, please …
Because LinkedIn’s top company to grow your career is … JPMorgan Chase. The financial services giant took the top spot this year, up two spots from its #3 ranking in 2023. Amazon took silver, followed by Wells Fargo, Deloitte, PwC, UnitedHealth Group, AT&T, Verizon, Moderna, and Alphabet to round out the top 10.

Welcoming the newbies.
Almost half (44%) of this year's list is comprised of newcomers, including fresh faces like Moderna and Visa, while longstanding leaders like AT&T, JP Morgan Chase, and UnitedHealth Group stood firm for another year at the top. In a twist, Citi was excluded from the list this year after announcing a mass layoff.

The “secret sauce” at JPMC.
In a podcast episode released yesterday, LinkedIn News’ senior managing editor Andrew Seaman spoke with JPMorgan Chase’s HR chief Robin Leopold to learn what’s working in their talent shop. Seaman asked Leopold why she thinks her firm is such a desired employer: “It is definitely our people,” she answered. “When I describe our company, I think about the heart that we have ... our culture is part of our secret sauce.”

Tips from the pros.
Seaman, in an interview with CNBC, recommended that even if you don’t want to work for any of the companies on this list, candidates should use it as a “scorecard” to support the job search process. “Not everyone can work at Verizon or Amazon, but I think this list highlights the qualities of a good, solid employer, and you can measure potential employers against those metrics,” he said. “Ultimately, knowing what other companies are doing well, and how they’re supporting their employees, can help you figure out what you want, or don’t want from a workplace.”

📥️ Read more from LinkedIn News

NUMBERS

Numbers That’ll Make You Think

• $1,139 — The average full-time weekly earnings for US workers in Q1, up 3.5% from one year ago (SIA)

• 501 — The current number of open generative AI roles at Apple, Google, Meta, Microsoft, and OpenAI, according to their corporate job boards (Fast Company)

• 7.39 million — The total square footage of leasing space of US tech companies in Q4 2023, down by nearly half since four years prior (WSJ)

• $81,822 — The salary the average US worker now says they would demand to accept a new role, up from $73,391 in November (LinkedIn News)

• 38% — The percentage of male hiring managers who admitted to asking illegal questions in interviews, compared with 23% of women (Fast Company)

• $176,500 — The average bonus for a Wall Street banker in 2023, a 2% dip from the year prior (CNN)

INDUSTRY INSIGHTS

M&A Deals, Industry Moves, & Other Things To Know

• Social networking giant LinkedIn is testing a new paid subscription tier for company pages, targeting small and medium businesses (TechCrunch)

• Workforce advisory firm QuantumWork Advisory announced this week it has acquired research firm Talent Tech Labs (PR Newswire)

• AI research company OpenAI is opening a New York office with plans to ramp up hiring (Insider)

• Startup-focused recruitment platform Paraform announced a $3.6M seed round (TechCrunch)

• New research shows that Gen Z is least likely to favor an “exclusively remote” work arrangement (HR Brew)

• Staffing firm The Ōnin Group promoted COO Jim Weaver to CEO (SIA)

• Despite layoffs and flat job openings, retail hiring increased by 10% in March, according to a report by applicant tracking system provider iCIMS (SIA)

• In an interview with Insider, Indeed’s economic research director Nick Bunker said we're settling into a time of "a more boring labor market” (Insider)

WEBINAR

Join RecruitmentMarketing.com for an insightful webinar that explores the intersection of sustainability and recruitment marketing in light of the recent SEC reporting requirements. Learn from industry leaders how to extend your company's sustainability practices into your employer brand, to attract people aligned and motivated by purpose and impact.

Discover how sustainability can set your company apart in the competitive job market, attract top talent, and showcase your commitment to corporate responsibility.

📅 May 7 | 🕜 1:00 PM ET | 💻 Zoom
Secure Your Spot for Free

OPEN ROLES VIA TALENTCONNECT

Jobs You Might Want (For Yourself!)

• Restaurant chain Chipotle is hiring a Director of Culture and Inclusivity, based in Newport Beach, CA

• Software marketplace RecruitmentMarketing.com is hiring a Talent Acquisition Marketing Specialist, based remote, with headquarters in Norwalk, CT

• Sports network ESPN is hiring an HR Business Partner, based in Santa Monica, CA

• Software giant Intuit is hiring a Senior Recruiter, based in Atlanta, GA

• Language learning platform Duolingo is hiring a Senior Business Recruiter, based in Pittsburgh, PA

  
  For more of these roles delivered to your inbox every Monday, subscribe to the RecruitmentMarketing.com Weekly Jobs newsletter by clicking here.

LAYOFFS

Places For You To Source Fresh Talent

• Auto company Tesla will lay off more than 10% of its global workforce, amounting to about 14,000 employees, its CEO Elon Musk told employees on Monday (CNBC)

• Social media platform TikTok will cut over 250 employees from its offices in Ireland (The Journal)

• Tech giant Google said it will restructure its finance team as part of an AI shift, a move that will include layoffs, its CFO told employees in an internal memo (CNBC)

• Ad tech firm Criteo has laid off 4% of its staff, or 140 employees, it said last week (EMarketer)

• AI startup Tome, which launched in 2022 with a buzzy generative AI presentation tool, said it will cut 20% of its 59-person staff to refocus its offerings (Semafor)

• Video game company Take-Two Interactive, publisher of the popular game Grand Theft Auto, is laying off 5% of its workforce, or around 579 workers (IGN)

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