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.