Companies today are facing a talent crisis. They’re scrambling to hold on to the talent they have, while struggling to replace critical talent they’ve lost. While fair and equitable compensation is a large piece of employee satisfaction—it isn’t the only metric.
of professionals resigned during the Great Resignation
Businesses require diverse backgrounds, skillsets, and roles to sustain their agile nature—yet companies are struggling to fill critical roles. Despite economic concerns, the competition for talent remains steep.
As a hiring decision maker—it’s time to rethink who you’re working so hard to engage. The job attributes that motivate professionals to either leave or stay with a company are different than they were just a few years ago—and now, you’re competing for talent with companies outside your industry.
When it comes to attracting the right skills for your organization, strict hiring parameters could result in an untapped group of talent. Aside from offering benefits that appeal to today’s talent personas, ensure your organization is exploring all your options and being flexible with certain ‘nice-to-have’ requirements.
If you’re falling short on finding the right skills—consider expanding your search in these areas:
Of professionals interview for 2 or more jobs when searching for work
Consolidate your interview rounds
Be transparent and decisive
Make your best offer right away
57%
Agree
43%
Disagree
57%
Agree
43%
Disagree
48%
Mentoring
45%
Hands-on training
36%
Management training
Over the last couple of years, we’ve witnessed a positive shift in how burnout and mental health have been discussed in the workplace. As employees have become more vocal about their needs, many companies have listened—finding new ways to support mental health and make the topic feel less taboo. Still today, these efforts must remain a priority.
After years of rising burn out, employees have said enough is enough. They are no longer willing to sacrifice their health and personal lives for their jobs. As a result, employers must understand the important role they play in employee health and well-being. Here are some ways to be a solution rather than contributing to the problem:
How can I use this guide in my hiring strategy?
We analyzed annual candidate submission and placement data from our CRM, and leveraged our market expertise from speaking with thousands of candidates each year about their salary expectations.
We surveyed a wide cross-section of candidates we’ve partnered with, asking questions about workplace trends they're experiencing as well as their overall satisfaction with their employers.