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They will be continued to be paid with benefits through the process. It has locations in 47 US states and 16 countries. But, like most of the major companies that have filed for bankruptcy during the pandemic, Chuck E. Cheese's problems date back well before the coronavirus crisis. CEC was acquired by private equity firm Apollo Global Management ( APO) in 2014 for $1. 3 billion. Since then, the company has lost money in four of the past five years, losing $28. 9 million last year. That's a 41% increase from its 2018 loss. CEC approved lucrative retention bonuses for its top executives just weeks before bankruptcy. McKillips received $1. 3 million, President Roger Cardinale got $900, 000 and CFO Jay Howell received $675, 000, according to a recent filing. Companies preparing for bankruptcies often provide those kinds of payments to top executives. Hertz ( HTZ) and JCPenney ( JCP) both instituted such programs before their recent bankruptcy filings. -- CNN Business' Chris Isidore contributed to this report.
Screening candidates with automatic tools such as DevSkiller is the best method for a quick skill verification, based on which you can decide whether they're worth inviting to a skills assessment interview or not. By using DevSkiller, Plutora managed to cut down the number of in-person tech skills assessment interviews by 50%, save 8 hours of dev time per candidate, and get higher-quality candidates. Focus on technical skills – one of the reasons why recruitment processes last too long is that recruiters want to verify too many skills. While it might be tempting to check every single skill required for the job, it will make it too timely and too complex. This will result in a high candidate dropout rate. Try to focus on the most important technical skills rather than on soft skills, like good-communication or teamwork. Select the right testing method – after identifying the core skills for assessment, you'll need to select the right skill verification method. There is a variety of testing methods you can choose from.