The great resignation, the living nightmare for business owners, is in full swing. With over 55% of Americans willing to seek new employment in the coming months, business owners are dealing with high turnover rates. According to the U.S Department of Labor, over 11.5 million Americans have quit their jobs voluntarily between April to June 2021.
With this being said, over 8.4 million Americans are unemployed, and over 10 million jobs are open. These statics show that it is time for companies to bring significant changes into their workplace policies to hire the best talent. The Great Resignation can turn into the Great Opportunity for companies open to work and life changes.
Following are some tips that might help companies create effective workplace policies and possibilities to hire better talent.
Time to Show Flexibility
The Great Resignation is becoming a long-term reality with many possibilities making its way. For instance: instead of opting for long-term employment people prefer short-term contracts or freelance work. Skipping permanent jobs is not something companies have discovered earlier; the global health pandemic has shifted workers’ approach towards employment. People are now more focused on the important things in life, such as family and work-life balance. Companies that are not flexible with their in-office requirements are witnessing high turnover rates rather than those modifying their policies with hybrid and remote work standard perspectives.
Stay-at-home orders at the beginning of the pandemic were a challenge for companies. Companies were forced to send employees to their homes and create policies to establish an effective remote work system. However, the pandemic continued, and employees developed a sense of responsibility that comes with remote work. For instance, investing in high speed internet services such as Smithville Communications opens ways to effective remote work performance. More and more workers saw the benefits of working from home. With stable internet service, employees were able to complete their tasks on time with a lot more time left to spend with their families and even plenty of me-time at their disposal.
A recent survey suggests that 56% of Americans are open to flexible work timing and remote work rather than strict in-office requirements. The pandemic-altered changes such as work from home, flexible work hours, and a lot more had now become a mindset for employees.
Work policies should make space for remote work and flexible working hours. This way, companies will keep their staff happy and satisfied.
Make Use of Success Profiles
Success profiles determine if a job seeker is the best fit for the position your company is hiring for. Even though there are many useful tools for companies to connect to job seekers, success profiles make the process a lot more convenient and up to the mark.
Success profiles help the hiring managers in identifying the approach, key skills, behaviors, personality, and knowledge of job seekers to determine whether they are fit for the role or not.
Success profiles make the recruitment process objective and help the hiring manager avoid unconscious biasness in the selection procedure.
Conclusion: Turn to Experts
In order to limit the cutthroat hiring market, it makes a lot of sense for a business to reach out to RPO experts. The RPO providers help businesses fill their staffing needs by providing candidates from their existing pool of job seekers. While the tips above are the clear approach towards hiring the best talent, RPO experts make the procedure time effective.