Building a successful team starts with finding the right people for your organization. Here are some tips for managing your company’s hiring needs and aligning them with your business goals.
Hiring Managers and Company Owners Continue to Ask, “Why is it So Hard To Find Employees Now?”
Many companies are currently facing a significant challenge in finding qualified candidates to fill open positions. Here are some reasons why it’s so hard to find employees now:
A Tight Labor Market:
The current labor market is extremely tight, with a historically low unemployment rate of around 4%. This means there are fewer candidates available for open positions, which can make it harder for companies to find the talent they need.
A Skills Gap:
Many companies are struggling to find candidates with the right skills for their open positions. A report by the National Federation of Independent Business found that 87% of small businesses that were hiring reported few or no qualified applicants for their positions.
As the economy continues to recover, more companies are hiring and competing for the same pool of candidates. This can make it harder for individual companies to stand out and attract top talent.
The pandemic has caused a shift towards remote work, which has expanded the talent pool for some positions, but also made it harder for companies to attract and retain employees who want to work in the office.
There are significant generational changes taking place in the workforce, with baby boomers retiring and younger generations entering the workforce. This can create a skills gap and a shortage of experienced workers in some industries.
These factors, combined with others, have made it more challenging for companies to find and hire qualified candidates. Working with a staffing firm can help companies navigate these challenges by providing them with access to a larger pool of candidates and expertise in recruitment and staffing. At The Panther Group, we’re here to help you find the top talent you need to succeed in this competitive hiring market.
Managing Your Company’s Administrative Hiring Needs and Business Goals
Define Your Business Goals:
Before you start hiring, it’s important to have a clear understanding of your business goals. Identify the specific skills and qualifications that your team needs to achieve those goals, and create job descriptions that reflect those requirements.
Develop a Strategic Hiring Plan (see the resource below):
Create a hiring plan that outlines your staffing needs and timelines. Consider factors such as budget, project deadlines, and growth projections to help you identify when and how to hire.
Use technology to streamline your hiring process and identify top talent. Applicant tracking systems, for example, can help you manage resumes and track candidate progress, while online job boards and social media can help you reach a wider pool of candidates.
Screen Candidates Thoroughly:
Take the time to thoroughly screen candidates to ensure they have the necessary skills and qualifications for the job. Consider using behavioral-based interview questions and skill assessments to evaluate candidates.
Focus on Cultural Fit:
Cultural fit is just as important as technical skills when it comes to building a successful team. Look for candidates who align with your company values and culture, and who are passionate about the work you do. (Download this free culture-building resource)
Throughout the hiring process, communicate clearly and often with candidates. Keep them informed of next steps and timelines, and provide regular updates on the status of their application.
Develop a Strong Employer Brand:
Develop a strong employer brand that reflects your company culture and values. Use your website, social media, and other marketing channels to showcase your company culture and attract top talent.
By following these tips, you can effectively manage your company’s hiring needs and align them with your business goals. At The Panther Group, we’re here to help you find the top talent you need to achieve your business objectives. Contact us today to learn more about our comprehensive staffing solutions.
People Also Ask How To Get Started With A Strategic Hiring Plan
Here is a Hiring Resource: A Quick-Start List to Create a Strategic Hiring Plan
1. Define Your Staffing Needs:
Start by defining your staffing needs based on your business goals and growth projections. Identify the roles and skillsets you’ll need to achieve those goals.
2. Determine Your Hiring Timeline:
Determine when you’ll need to hire and develop a timeline for the hiring process. Consider factors like seasonal fluctuations, project deadlines, and budget constraints when developing your timeline.
3. Identify Contingencies:
Plan for contingencies like unexpected staffing needs, turnover, and changes in business needs. Working with a staffing firm can help you manage these contingencies and ensure you have access to the talent you need, when you need it.
4. Develop a Hiring Budget:
Create a hiring budget that takes into account staffing costs like salaries, benefits, and recruitment fees. Consider working with a staffing firm that offers flexible staffing solutions to help you manage your costs and stay within your budget.
5. Determine Worker Classification:
Determine whether your hires will be classified as employees or contractors. Working with a staffing firm that specializes in worker classification issues can help you navigate this process and ensure you’re in compliance with labor laws.
6. Partner with the Right Staffing Firm:
Partner with a staffing firm that understands your business needs and can provide the staffing solutions you need to achieve your goals. Look for a firm with experience in your industry, a deep talent pool, and a track record of success.
7. Develop a Strong Relationship with Your Staffing Firm:
Cultivate a strong relationship with your staffing firm based on open communication and trust. Work with them to develop a staffing strategy that aligns with your business goals and can help you manage contingencies and fluctuations in staffing needs. (Speaking of strong relationships, The Panther Group continues to hold a client satisfaction rate of over 97%)
By following these tips and working with the right staffing firm, you can create a strategic hiring plan that aligns with your business goals and helps you find the talent you need to succeed. At The Panther Group, we’re here to help you manage your staffing needs and achieve your business objectives.
People Also Ask Why They Should Look Into Partnering With A Staffing Firm To Hire
Here are some useful and relevant hiring data points about using staffing firms and having a strategic hiring plan:
- Companies that use staffing firms are able to fill positions 50% faster than those that do not use them. (American Staffing Association)
- According to a survey conducted by the Society for Human Resource Management (SHRM), 43% of organizations that use staffing firms do so to fill temporary or contract positions, while 34% use them to find permanent employees.
- Companies that have a strategic hiring plan in place are better equipped to manage fluctuations in staffing needs. In fact, a study by the Aberdeen Group found that companies with a formal hiring plan are 70% more likely to achieve their hiring goals.
- The same Aberdeen Group study found that companies with a formal hiring plan are also 40% more likely to improve their time-to-fill metrics.
- A survey by CareerBuilder found that 58% of employers have seen a bad hire negatively impact their business in the last year. Working with a staffing firm can help you reduce the risk of bad hires by providing you with access to a larger pool of qualified candidates and helping you identify top talent.
- The use of staffing firms can also help reduce costs associated with hiring. A study by the National Association of Professional Employer Organizations (NAPEO) found that companies that use staffing firms can save up to 40% on their HR expenses.
Administrative Staffing Solutions Near You
As a hiring manager or business owner, building a strong administrative team is essential to your company’s success. Administrative professionals are the backbone of any organization, managing day-to-day operations and ensuring everything runs smoothly. However, finding the right talent can be challenging, and the cost of a bad hire can be high.
At The Panther Group, we understand the importance of a strong administrative team. That’s why we offer administrative staffing services that are designed to help you strategically build your team with top talent in the industry. Our staffing solutions are tailored to meet your specific needs, whether you’re looking for temporary, contract, or direct-hire administrative professionals.
Our team of recruiters has years of experience in the administrative staffing industry, and we have a deep understanding of the skills and qualifications needed to excel in this field. We work with a wide network of candidates, so you can be sure that we’ll find the right person for your team.
When you partner with us, you’ll receive personalized service and support throughout the staffing process. We’ll take the time to understand your unique business needs and culture, so we can find candidates who are the right fit for your organization. Our goal is to help you build a strong, cohesive team that can help you achieve your business objectives.
In addition to administrative staffing, we offer a range of other staffing solutions, including engineering staffing, accounting recruitment, and IT staffing solutions. With our comprehensive staffing services, you can find the talent you need to take your business to the next level.
At The Panther Group we’re committed to helping you build a strong, successful team.