What Employers Need to Consider During a Job Seekers Market

Recent unemployment numbers tell us our economy is growing and more people are entering the workforce. For those of us in HR, we now have to consider what it means to be in a job seekers market, how we, and the company or companies we represent, must shift our methods of recruiting great talent.

According to a 2016 survey by recruiting firm, The Execu|Search Group, 70% of companies across a wide range of industries plan to add employees to their roster. What this translates into is the startling fact that 60% of the job seekers also surveyed said they had their pick of two or more positions for their current job.

Candidates now have more power during their job search than they’ve had in years. To attract these job seekers, employers must consider additional factors during the employee hiring process, such as a robust candidate experience, a meaningful employer brand, and opportunities for professional development. While salary and benefits are also key factors, these others hold more weight than ever before and play a key role in a candidate’s decision-making process.

Experienced HR staff, like those you might find with a PEO, are best qualified to offer the highest talent acquisition strategy. PEO team members understand that finding the right candidate in today’s competitive market means more than placing an ad. It means engaging with potential employees via social media, blogs, and corporate career sites.

If you’re looking to hire the best candidate but want help navigating today’s candidate-driven market, contact HR Progression Partner. Our thoughtful and well-versed recruitment staff is ready to bring the best candidate to you.

By the Way, What is a PEO?

When you realize you’re spending too much time searching for new employees, filing HR paperwork, or managing your company’s wellness program, you might decide it’s time to find more help. But rather than hiring a full-time staff member (and taking the time to hire that employee), you might consider hiring a PEO.

By the way, what is a PEO?

PEO stands for Professional Employer Organization. We’re the people who provide comprehensive HR outsourcing to help manage your company’s human resources, employee recruitment, wellness program tasks, and more. No, we’re not another employee you have to manage, but a contractor who shares certain employer responsibilities with your company.

A PEO handles anything from employee benefits and tax remittance, to finding the best candidates, creating wellness programs, and managing retirement plans. Imagine outsourcing an HR staff to handle all the work you no longer have time to do. That’s a PEO, and wouldn’t that be awesome!

Contact PEO, HR Progression Partner, Today!

Why hire a PEO?

It’s easy to overlook key revenue-generating opportunities when you’re bogged down by your HR to-do list. Free up your time for more productive tasks by hiring a PEO. According to the Professional Employer Organization, companies that use PEOs for at least four quarters are approximately 50% less likely to go out of business, while also experiencing a 23% to 32% lower rate of employee turnover.

PEOs are a good fit for almost any industry, and they are there to help. With knowledgeable team members who understand and keep abreast on ever-changing state and federal laws, PEOs are becoming the go-to solution for today’s businesses.

Learn how PEO HR Progression Partner can help your company grow. We outsource employee recruitment, HR support, and more.