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Monthly Archives: July 2013

Do meticulous or excessive interview processes deter candidates?

Interviews are getting longer!

With a shortage of highly skilled, highly experienced candidates on the market, you might expect business would be keen to make quick appointments to secure the available talent.

But we’ve seen a trend over the last 12 months, that with some of the more established leisure operators, the interview process is actually becoming longer. Some candidates are even going through five or six stages including interviews, assessment centres and profiling over periods of up to six months.

There is an argument to say that employing a long and meticulous process engages candidates more effectively, gets them bought into the business and ensures that people really want to work for the business. Many operators will say that “if they want to work for us enough, they’ll wait.”

And that works in theory, but does it work when there is such competition for talent? We can talk from experience of candidates who have withdrawn from interview processes at the latter stages because another business has moved faster and made an offer.

Are businesses taking an arrogant approach and burying their heads in the sand? Placing all of your faith in your employer brand is a brave move in this climate.

Or do businesses need to change their recruitment strategy to reflect the current market?

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Xercise4less signs major deal with Tesco

Yorkshire-based low-cost gym operator Xercise4Less have signed a major deal with retail giant Tescos.

In a bold move for the gym operator, the deal will see gyms installed in several Tesco’s sites across the country. With a potential membership base on tap, is this the start of a trend of gym and retailer partnerships, or is this something we’ve seen come and go before with JJB?

Slimmed down LA Fitness cuts its losses by £10 million

The accounts filed with Government business records agency Companies House show that LA Fitness managed to reduce its losses by £10 million over the 12 months to October 31, 2012, due to cost cutting and lower debt repayment charges.

However, the private equity owned group did see its turnover tumble 22.8 per cent to £86.6 million.

LA Fitness, which has 80 health and fitness clubs across the country, says its 2013 financial year has got off to a good start.

It says that its membership numbers have risen from 187,879 to 190,967 over the three month period to January 31.

It said: “The group performed credibly in the year despite significant inflationary pressures. The strong performance in January 2013 represents a solid start to the new financial year and augurs well for the rest of it.”

LA Fitness trimmed its overall wage and staff costs by nearly a quarter to £23.6 million.

The firm’s five directors, including founder and chairman Fred Turok, who was among those who carried the Olympic flame last year, saw the combined value of their pay packets fall 24.3 per cent to £633,000.

Source: Sunday Express

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