Business news
The Do’s and Don’ts of Social Recruitment
According to the Arberdeen group, 73% of millennials found their last job through a social media site. The use of social platforms as a talent database or advertising platform is a shift in the employment landscape that takes advantage of online engagement to actively seek out top talent through building company brand awareness and online reputation. Having a company with a large online presence that clearly communicates its values significantly reduces the time it takes to fill in vacancies.
With 75% of potential hires not actively searching for a new role, it is up to companies to take full advantage of social media as a means of employment outreach to acquire the best talent. While using social media, there are certain strategies to keep in mind and certain pitfalls to be cautious of.
Do create an engaging brand
Whether you post on Facebook, LinkedIn or Twitter, the key to building a reputable brand is consistency and captivating content. When browsing through LinkedIn, one will often find an abundance of articles written by company employees. These articles can provide insights into the activities of a company or on industry trends, helping to paint a clearer picture...
What Does Brexit Mean for the Dutch Economy?
According to new figures from the national statistics office CBS, the Netherlands earned €20.5bn last year exporting goods and services to Britain, the equivalent of 3% of GDP. This makes the UK the Netherlands’ second most important export market after Germany. Belgium is in third place, followed by the US and France, the CBS said.
A British withdrawal from the EU will cost the Dutch economy €10bn in lost income by 2030, according to calculations by the government’s macro-economic think tank CPB last week. The drop in trade with Britain will mount up to 1.2% of GDP within the next 15 years, the CPB said.
Of the total production of goods and services in the Netherlands, 3.7% is with demand from the United Kingdom. This creates 300,000 jobs, or 3.3% of the Dutch employment, calculated as ING. Within the EU, only Ireland and Malta are more dependent on the United Kingdom.
Is it really so terrible?
At this point, much depends on the deal that will be reached afterwards. With a Norwegian model (participation in...
Starting a Business in The Netherlands – How Do You Employ
Starting a Business in The Netherlands – How Do You Employ
Starting your own business gives a strong feeling of freedom and independence concerning the decisions you make; however, it may also have risks. It requires a lot of thinking through and it takes a lot of time. Start-up businesses tend to have a disadvantage statistically. According to the Entrepreneur, 55% of start-up businesses “tend to no longer be operational by the 5th year”. It goes to show that creating a business is but the first step, while sustaining and keeping it functional is a different step to overcome.
Businesses are no longer predictable as more of them appear, and as the global business landscape changes over time. This means that before starting up a business, you should always keep in mind that change is a necessary thing. Being flexible will help your business grow and adapt to changes since “it means more and efficient resources from various places” (Tarcomnicu, Entrepreneur). In a country that is known for its rich history of trade and finance, The Netherlands is a perfect place to start a business for expats, with its large expat community and international institutions. Before starting up, you should know the...
The Eurozone’s Economy Recovers Better than Expected
According to BBC news, the growth in the economy of the 19 nation bloc has doubled from the 0,3% rate recorded in the previous quarter, and was above analysts’ expectations of 0,4%. With this growth, the data from Eurostat showed that the unemployment rate of 10,2% is at its lowest in the last four-and-a-half years, and the economy is bigger than it was before the financial crisis, eight years ago.
Howard Archer, economist at IHS Global Insight, said that Eurozone should be able to sustain growth of about 0,4% quarter-to-quarter, but he warned that several factors can influence it like global economic uncertainties and problems, the risk of recurrent terrorist attacks or the possibility of the UK voting to leave the EU in June’s referendum.
While the inflation figures showed that the energy prices fell 8,6% year-on-year in April, the consumer prices rose 0,8% and unprocessed food prices rose 1,2%. The aim of the European Central Bank is to keep the headline inflation close, but below 2%.
Source: BBC
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Shell Offers Well-Paid Office Staff Redundancy, Hundreds of Jobs to Go
Read more at DutchNews.nl...
Starwood discusses higher bid of hotel chain Marriott
Last week, a group of investors led by the Chinese insurer Anbang raised the stakes with a counter offer of $ 13.2 billion. Anbang had recently reached an agreement on the acquisition of Strategic Hotels & Resorts, owner of the famous Waldorf Astoria in New York for $ 6.5 billion.
Role reversal
Starwood could not but recognise that the Chinese bid was superior to that of Marriott, but says that now the roles are reversed. It is still unclear if the Chinese continue the bidding war and will come with a higher bid. A spokesman for Anbang was not available for comment Monday afternoon. Marriott justifies the higher bid price by its shareholders cost advantages to flip for up...
For an expat moving to the Netherlands, getting the right direction is very important. It's important that one knows which steps and direction to take. Linda is an exceptionally talent counselor, her advice has helped me land a job within a week of coming to the Netherlands. I am grateful for her mentoring and look forward to a great working relationship in the future.
Dr. Hrishiraj S | Clinical Research & Affairs Manager
Together Abroad provided expert advice on personal branding including developing a top-notch, market-aware CV, highly tailored job applications, and approach strategies with potential employers in the Netherlands. Furthermore, I found them be highly knowledgeable in key related fields such as recruitment strategy, immigration law, contracts, labor agreements, and (un)employment benefits. I would recommend Together Abroad to anyone who needs professional help with transitioning to a new career.
A. Aboufirass | Structural Engeer
Linda is a big mind. She thinks about things that the rest normally overlook. The insight she has about the dutch job market can only be achieved through years of experience and persistence.
Her business savvy is complemented by her mastery of understanding the client's needs and requirements. For my career I could say, she was the “Mary Poppins”, who guided me through thick and thin and helped me to land a career in the Netherlands
S. Bhattacharjee | FP&A Manager
Mr. C. Joubert
Lead Workplace Strategy Consultant