Tag: demographic drought

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Here’s what’s worse than the Great Resignation

The Talent Acquisition industry continues to battle for talent in an increasingly tight market. Companies have been forced to reevaluate the emphasis on retention as many struggle to attract talent in a market where non-industry competitors are upping the stakes. Many point to the Great Resignation as the driving force behind the labor shortage but Emsi recently released data that should have most in the labor market terrified. Continue reading Here’s what’s worse than the Great Resignation

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New Dynamic of Candidate Attraction & How to Stay Competitive

Companies are struggling to fill positions are now force to rethink how to attract more talent. According to The New York Times reports, firms aren’t just considering upping the compensation. Some offer more flexibility, or taking risks to train unconventional workers who don’t meet traditional qualifications. A recent study cited “no experience necessary” roles have spiked by two-thirds compared to 2019. Sign on bonuses are now becoming a norm. Data also show minimum compensation requirements for people without college degrees are up 19%, with larger employers acknowledging blue-collar workers have gotten harder to retain. Continue reading New Dynamic of Candidate Attraction & How to Stay Competitive