10/14/2022

Five Things You Should Do to Hire Top Talent in Today's Market

A new report confirms hiring will remain difficult for the foreseeable future

Let's face it: the labor market is more confusing than ever. A potential recession is causing industries to experience layoffs, whereas others are increasing hiring levels and retaining talent even if they are underperforming. However, despite macroeconomic headwinds, studies show that employers will continue to encounter significant competition for in-demand talent for the foreseeable future.

This is confirmed by Employ Inc.'s new Quarterly Insights Report, compiled from employer and job seeker activity across its 18,000 customers. In the report, 64 percent of recruiters said filling jobs this year has been harder than last year, and 69 percent believe attracting and hiring talent will be difficult for the remainder of 2022. Furthermore, 60 percent of organizations plan to increase hiring levels over the next 12 months.

"Companies of all sizes today are grappling with an increasingly complex and unpredictable labor market," said Allie Kelly, CMO of Employ Inc. "To remain competitive in one of the most difficult hiring environments in history, companies must be better equipped to respond to these long-term labor shortfalls and adapt their hiring processes to attract top talent."

Please select this link to read the complete article from Inc.