mobile-hiring

2019 HIRING OUTLOOK

2019 HIRING OUTLOOK

The Employee Experience:

The Employee Experience:

4 Ways To Attract, Engage, & Retain

Talent In Today's Competitive Market

2019-hiring-outlook
2019-hiring-outlook2019-hiring-outlook

2019 HIRING OUTLOOK

2019 HIRING OUTLOOK

2019 HIRING OUTLOOK

The Employee Experience:

The Employee Experience:

4 Ways To Attract, Engage, & Retain

Talent In Today's Competitive Market

The Employee Experience:

4 Ways To Attract, Engage, & Retain

Talent In Today's Competitive Market

INTRO

INTRO

It’s the most competitive job market in a generation. Do you have what it takes to win the war for talent?

 

Hiring and retaining talent in a candidate-driven market has always been tough, but today it is even more competitive. With eight consecutive years of job gains, the U.S. unemployment rate fell to a five-decade low in September 2018—signifying a powerful shift in the job market.

3.7%

UNEMPLOYMENT RATE

Bureau of Labor Statistics

Despite not actively looking, 95% of professionals are open to new job opportunities

new-job-opportunities
long-term

66% of professionals are NOT planning to stay at their organization long-term

Despite not actively looking, 95% of professionals are open to new job opportunities

new-job-opportunities
long-term

66% of professionals are NOT planning to stay at their organization long-term

long-term

66% of professionals are NOT planning to

stay at their organization long-term

new-job-opportunities

Despite not actively looking, 95% of

professionals are open to new job opportunities

While a candidate-driven market is definitely worth celebrating, too often, employers hear the term without fully understanding what this means for them. With professionals in the driver’s seat, they are commanding more than just higher salaries. Today, professionals consider their careers an integral part of their lives. In addition to getting paid what they know they are worth, they expect their job to provide personal fulfillment and meaning. If your employees do not feel supported, aren’t learning new skills for the future, or are disengaged with their work, they will move on.

 

 

WHY IS HIRING SO DIFFICULT RIGHT NOW?

WHY IS HIRING SO

DIFFICULT RIGHT NOW?

WHY IS HIRING SO DIFFICULT RIGHT NOW?

hiring-is-up

HIRING IS UP

hiring-new-staff

62% of employers plan on hiring new staff in 2019

hiring-is-up

HIRING IS UP

hiring-new-staff

62% of employers plan on hiring new staff in 2019

hiring-is-up

HIRING IS UP

hiring-new-staff

62% of employers plan on hiring new staff in 2019

competition-for-talent

MORE COMPETITION FOR TALENT

interviewing-multiple-rolesinterviewing-multiple-roles

55% of professionals were interviewing for 2+ other roles when interviewing for their current position

competition-for-talent

MORE COMPETITION FOR TALENT

interviewing-multiple-roles

55% of professionals were interviewing for 2+ other roles when interviewing for their current position

competition-for-talent

MORE COMPETITION FOR TALENT

interviewing-multiple-roles

55% of professionals were interviewing for 2+ other roles when interviewing for their current position

compensation-increasing

COMPENSATION IS INCREASING

change-jobschange-jobs

91% of working professionals would change jobs if offered a significant increase in compensation

compensation-increasing

COMPENSATION IS INCREASING

change-jobs

91% of working professionals would change jobs if offered a significant increase in compensation

compensation-increasing

COMPENSATION IS INCREASING

change-jobs

91% of working professionals would change jobs if offered a significant increase in compensation

candidate-shortage

CANDIDATE SHORTAGE

Employers cite a lack of applicants as their top hiring challenge

candidate-shortage

CANDIDATE SHORTAGE

Employers cite a lack of applicants as their top hiring challenge

Despite this growing competition for top talent, employers are struggling to understand how engagement throughout the entire employment experience is critical to attracting and retaining talent. Poor experiences can have a ripple effect throughout an organization, bleeding into every facet of hiring and retaining employees.

employee-reviewsemployee-reviews
73%

73% of professionals have stopped applying

to a job because of poor employee reviews

73% of professionals have stopped applying to a job because of poor employee reviews

While employers may understand the effects, they are afflicted with hurdles that are difficult to overcome in order to provide the best experience possible. As a result, they’re losing top performers. Employers rated their greatest challenges toward employee retention as:

#1

Inability to provide upward

mobility + salary growth

#2

Employee

burnout

#3

Poor relationships between

teams and managers

While employers today can’t always offer everything an employee may want or need from their job, it is evident that employers need to work harder to improve. Without making adjustments to adapt to today’s market, companies are certain to lose their best employees to the organizations who did make those changes. Additionally, employers must not wait until it is too late to try to win over employees who have one foot out the door.

extend-counter-offer

EMPLOYERS

56% of employers said that they would extend a counter offer in order to keep their best

employees.

56% of employers said that they would extend a counter offer in order to keep their best employees.

counter-offer

EMPLOYEES

However, 61% of employees said that they would reject a counter offer from their current employer.

reject-counter-offer
extend-counter-offer

EMPLOYERS

56% of employers said that they would extend a counter offer in order to keep their best

employees.

56% of employers said that they would extend a

counter offer in order to keep their best employees.

56% of employers said that they would extend a counter offer in order to keep

their best employees.

counter-offer
reject-counter-offer

EMPLOYEES

However, 61% of employees said that they would reject

a counter offer from their current employer.

However, 61% of employees said that

they would reject a counter offer from

their current employer.

This speaks to a hard truth for employers: You don't pick talent anymore, but rather, talent chooses you. Do you have what it takes to compete?

 

 

This speaks to a hard truth for employers: You don't pick talent anymore, but rather, talent chooses you. Do you have what it takes to compete?

 

 

Read on to learn how you can become a coveted employer in the most competitive job market by:

 

 

Read on to learn how you can become a coveted

employer in the most competitive job market by:

 

 

Read on to learn how you can become

a coveted employer in the most competitive job market by: