Staffing

Losing Your Best Employees: What the National Quit Rate is Telling Us

Mary Springer

Partner

January 25, 2017

If you’re losing employees right now, you’re not alone. A rebounding economy and increased job opportunities have boosted the confidence of job seekers in many parts of the country. Workers are so confident, in fact, that some are even willing to quit their jobs without having secured their next step in employment. Since 2010, the national quit rate has been steadily climbing. This telling metric in the labor market speaks sobering news to those of us who need to retain our best employees.

So, it’s time to get serious about employee engagement and retention. But where to start? And what do you do if you can’t afford to pour serious resources into raises or other financial incentives? We’ve got you covered. Download our new tip sheet with eight, easy-to-implement ways you can engage and retain your best workers starting today.

Download now–>8 Tips for Retaining Top Talent (despite the quit rate)

Staffing

5 Tech Must-Haves for Recruiting in 2017

Amber Crosby

January 16, 2017

Today’s digital world has changed the landscape of job recruitment forever. Business News Daily writer Nicole Fallon Taylor highlights just some of the ways the digital shift has impacted recruiting—such as swapping out paper resumes, walk-in applications, and newspaper ads for an all-digital job searching, application, and hiring experience. This is just the tip of the iceberg. Successful companies looking to hire top talent must leverage new digital strategies to find and attract new candidates to their businesses. Don’t get lost in the dust–stay current in the competitive job market with these five tech tactics for recruiting your next hire.

1. Social Media for Passive Recruitment

A recent Society for Human Resource Management (SHRM) survey says 84% of companies are using social media to search for passive candidates—those not actively seeking employment. That’s a nearly 30% increase from 2011, a clear sign social media has become a hot tool to find and woo candidates. Using social media like Facebook, LinkedIn, and Twitter to find talented individuals allows companies to gather information on work experience, education, organizational affiliations, and social characteristics on prospects. It’s especially useful for filling specialized or niche positions where companies can focus in on individuals possessing very specific or hard-to-find qualities or backgrounds. Companies are also using social media to advertise openings to select audiences. Businesses can handpick specific prospect groups to target and create very tailored, enticing messages in the ads. Users who click through the ads can be sent to custom landing pages to find more information.

2. Mobile-Friendly (now a non-negotiable)

Today’s job seekers are digitally-savvy and very likely using mobile devices instead of a desktop computer to hunt for jobs. This shift in technology use demands that businesses change the way they recruit to stay competitive. According to SHRM, two-thirds of businesses are responding by pursuing mobile-friendly platforms. Websites, job postings, and even the application process should be accessible (and user-friendly) from a smartphone. Check out our new and improved job postings as an example.

3. Job Boards

Even with today’s focus on social media, job boards—like Careerbuilder.com, LinkedIn, and Indeed.com—still play an important role in recruiting job seekers. Job boards make it easy to post career openings and many allow candidates to upload resumes into a searchable database.

4. Updated Website

The world moves fast—especially in business. Just like the latest computer or smartphone becomes old news quickly, a company’s website can become stale after a few short years. Today’s job seekers “shop” for companies online like they shop for material goods, so it’s critical to put your best foot forward online. Updated website design, savvy photography of your team and space, and digestible content will attract job candidates and invite them into the culture of your company. List job openings directly on your site, and make it possible for talented individuals to submit their resume easily, even if there’s not an open position for them.

5. Easy Application Process

Posting jobs on your website is a great way to advertise openings. But don’t lose out on hiring the right person due to an outdated, confusing, or complicated application process. Job seekers appreciate an easy, online experience that takes little to no time. If they get bored, confused, or frustrated, you’re likely to lose them quickly to a competitor. It’s also critical that someone on your team is monitoring any application submissions or communications from potential employees daily. Don’t let your next rockstar employee slip through the cracks by missing or delaying a response to their inquiry.

The truth is job recruitment will always be one of the biggest challenges in business. Finding top talent in a sea of social media and job board applicants can be tough, requiring lots of time and effort. If you’re discouraged or ready for a hand, let us help. We’re experts at finding skilled and talented people for jobs that fit them well. Want to learn more? Reach out to our experienced team members, Mary Springer (mary.springer@thatsgoodhr.com) or Tiffany Moore (tiffany.moore@thatsgoodhr.com), or call us at 317.469.4141.

HR Insights

5 Ways Health Benefits Help Your Company

Tiffany Moore

VP, Client Partnerships

December 15, 2016

Think health care benefits aren’t excruciatingly important? Think again. A Society for Human Resource Management (SHRM) survey found 95 percent of HR professionals ranked health care as one of the top three benefits for employees. This explains why nearly 20 percent of companies have changed their health benefits in order to retain talent.

So why all of this buzz about health care? With rising health care costs and federal coverage mandates, employees are valuing health care benefits now more than ever as an extension of their income. But the value extends to employers, too. Here are the top five reasons health benefits should matter to you.

1. Talent Recruitment

A business is only as good as its employees—which makes hiring quality workers a top-notch priority. With the competitive job market, the best companies are leveraging health benefits to find the best talent. Not only that, companies are also ensuring future employees understand the value of health benefits. According to the SHRM survey, only 14 percent of HR professionals felt their employees were “very knowledgeable” about their health benefits. Yikes. As your company recruits new talent, it’s important to educate—and woo—your future employee with ins and outs of your health benefit plan.

2. Talent Retention

Hopefully you’ve already hired some awesome employees who do great jobs. Now the trick is to keep these talented gems from leaving for greener grass. This Monster survey found employees rank health care plans as the most important benefit offered by employers. So while having more desirable health plan options might cost you money up front, it can also save you hiring time, money, and headaches in the long haul.

3. Job Satisfaction

We all appreciate feeling valued—in our families, relationships, and at work. When you offer a high-quality health plan to your employees, they will get the message that your company cares. You’ll hopefully end up with employees who are happier at work and more likely to give you their best.

4. Healthier Employees

The cost of health care has risen dramatically over the years, but companies that offer health benefits make care more affordable and more likely to be taken advantage of. Most solid plans include preventative care, cancer screenings, and reduced prescription costs, giving your employees accessible care when they need it most.

5. More Productivity

Our productivity at work is closely linked to job satisfaction and health. When our employees feel valued in their job, they tend to care more about the quality of their work and being productive. The same goes for health—a healthy employee is more likely to use fewer sick days and get more done. This increased productivity boosts business and can save your company valuable time and money.

Health benefits are continually becoming critical HR tools for many companies. At TGHR, we provide multiple health care plan options to our employees. Let us take care of your company’s staffing needs, and we take care of providing health care benefits to your temps and temp-to-hire employees, giving you less to worry about—and happier, healthier employees at your place of business. Want to know more? Get in touch today!