With talks swirling about recession fears and layoffs happening every day, many experts have predicted companies pumping the brakes on hiring. Many HR strategies for 2023 focus on cutting costs and retaining current employees to curb economic uncertainty and avoid dreaded layoffs. Despite all the talks of economic uncertainty, some companies aren’t slowing down at […]
There is a lot of uncertainty about the labor market shortage, economy and state of the world in 2023. For HR, this puts an increased focus on attracting and retaining top talent to keep your business secure for whatever’s to come. If you need another reason to reduce turnover, consider this: Recruitment may cost more […]
It’s no secret that hiring is tough right now. It’s a balancing act between offering competitive benefits and compensation while trying to safeguard your business against economic uncertainty. Despite the recruiting challenges right now, the hiring landscape continues to evolve. As social media continues to become more integrated with recruiting and hiring, companies are beginning […]
You have to hire this year. So be warned, HR pros: There are several new threats to hiring. Nearly 60% of businesses expect to grow in 2023. But 55% expect talent acquistion will be a top challenge in the growth, according to the 2023 National Business Trends Survey from the Employer Associations of America. Translation: […]
If you’re struggling to find talent to fill an open position at your company, the reason might be related to how the job posting is written. That’s according to Kat Kibben, founder and CEO of Three Ears Media. During the recent BambooHR Virtual Summit, she said because of the Great Resignation, you have to approach […]
With 2023 fresh and open like a blank page, hiring managers are lining up outside your door to fill headcounts. Despite a hiccup of a recession in the U.S. and abroad, the labor market is still tight. A report from the Conference Board states, “recruitment and retention difficulties will not disappear, with the unemployment rate […]
Hiring challenges have been rampant this year, to say the least. Terms like quick quitting and quiet quitting paint a dim picture of retention rates. To make matters worse, many companies began to put the brakes on hiring for fear of economic uncertainty. Many HR leaders and recruiters may be wondering: what will the 2023 […]
If a list of magic solutions for solving today’s toughest hiring challenges existed, a skills-first approach would be at the top. Finding, attracting, and retaining talent is more difficult now than it has ever been. The pandemic, the skills gap, a reduced workforce, and a weakened economy have altered the talent environment and created a […]
Yesterday we told you about how the majority of employees don’t believe their salaries are keeping up with inflation and because of that many are once again looking for better-paying jobs. Today we’re going to share six recruiting and retention trends that if followed will help you keep your current talent happy and attract new […]
