Many leaders were able to foresee the labor shortage and that the upcoming market would be extremely candidate-driven, giving workers far more leverage than usual to negotiate increases or find better opportunities with other companies. These companies whose leaders read the room properly and foresaw these scenarios are now reaping the benefits.
Remote work in most cases can be a huge benefit to a company’s hiring and retention strategy. Per a University of Stanford research study, there was a 50% decrease in resignations in companies that allowed remote work! With “the great resignation” upon us, being able to cut the number of resignations in half is a large cost saving for your company when you take things like advertising, recruiting, onboarding, HR work, and training a new employee into account.
Nic is TRANSEARCH USA’s newest Senior Associate. He has worked in talent acquisition and HR since 2011, providing expertise to a diverse array of companies, ranging from small firms to large organizations with head counts over 6,000. Nic brings solid experience in recruiting top talent and coaching both candidates and managers. He is currently studying for his Professional in Human Resources (PHR) designation and has been trained and certified in administering Hogan Assessments.