To Speed up the Hiring Process, Some Companies Are Doing Away With the Job Interview

The labor market remains tight, and employers still need workers to fill their ranks.  In order to speed up the process, some companies are dropping a once crucial step: the interview.  Places like UPS, Home Depot, and The Gap are dropping it for mostly hourly positions and in places with high turnover and warehousing.  Some are offering jobs 25 minutes after applying and others are making offers 24-48 hours after applying.  After exhausting other methods to attract workers, some are going with speed.  Sarah Chaney Cambon, labor economics reporter at the WSJ, joins us for what to know.

 

Next, the condiment business is hyper competitive and one of the major players in the spice game, McCormick, has been making acquisitions to take over the world of hot sauce.  They bought Frank's Red Hot and Cholula Hot Sauce in deals worth millions of dollars each.  The past few years have proven to be beneficial for McCormick as many people stayed in and cooked more at home, but they were not immune to supply chain issues that affected the industry when it came to acquiring key ingredients.  Austin Carr, features writer at Bloomberg BusinessWeek, joins us for the fight for hot sauce supremacy.

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