Businesses Begin a New Decade on the Hunt for Talent

Express Employment Professionals survey finds 26% of businesses struggle to fill open positions

Read the original at Franchising.com
Businesses Begin a New Decade on the Hunt for Talent

TL;DR

Express Employment Professionals survey finds 26% of businesses struggle to fill open positions, with 52% reporting it as somewhat difficult. The survey also reveals that 46% of job seekers think finding a job in 2020 will be somewhat difficult.

Hiring challenges

In a recent Express Employment Professionals Job Insights survey of business leaders, 26% of respondents said it is “very difficult” to fill open positions, with more than half, 52%, reporting it was “somewhat difficult.” The number of decision makers who said recruiting was “very difficult” is down from 33% in January 2019.

According to Bruce Hein, an Express franchise owner in Sarnia, Ontario, businesses are finding it increasingly difficult to find candidates in a market with such high employment.

“Businesses are seeing a decline in applicant traffic,” he said. “In order to compete, companies are stealing staff from each other to fill vacancies, creating stiff competition for talent.”

Hein notes that the skills gap has only compounded this problem for businesses in desperate need of skilled workers.

“In trades, it has become harder and harder for companies to fill key positions,” he added. “Mechanics, carpenters, plumbers, welders and many others are retiring without a skilled replacement to step in and fill that role.”

In Delta, British Columbia, Express franchise owner Niven Lee argues that businesses need to respond by prioritizing recruitment.

“Recruiting is not a core business for most companies and they do not devote enough time or resources to it,” he said. “Across industries, technology has made work processes faster and better; the customer expects it. But the decision making and recruiting process is still too slow and that needs to change.”

Job seeker concerns

Surprisingly, 46% of job seekers said finding a new job in 2020 will be “somewhat difficult” in a December 2019 Express survey of job seekers. Another 36% percent agreed that securing employment would be “hard.”

One job seeker said they had applied to more than 75 businesses with only three interviews. Another added that most companies in their area promoted from within, making it harder to get hired for a more senior position.

Bruce Hein believes that one of the reasons for this disconnect between employers and job seekers is that people looking for work often have unrealistic expectations. He urges job seekers to be more flexible and avoid fixating on salary or title.

“You may have to start in a position that is not your dream job and work your way up,” he said. “Or the starting wage might not be what you have in mind. But that first role is a foot in the door. Companies need good people, so prove yourself and you will quickly progress.”

Employer expectations

For those who predict finding a job in 2020 will be difficult, a hard work ethic/integrity is the number one attribute business leaders value in candidates, per the Express Job Insights survey.

Lee Niven agrees and says that while experience and the ability to learn are important, they are irrelevant without integrity.

“It is the most important trait,” he said. “Integrity is the foundation from which trust and teams are built upon.”

“As we saw in 2019, jobs are out there, and businesses are desperate to fill them,” said Bill Stoller, CEO of Express. “But employers and job seekers need to meet in the middle in the new year with candidates proving their value and companies willing to pay for it.”

William H. "Bill" Stoller is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has more than 800 franchises in the U.S., Canada and South Africa. Since its inception, Express has put more than 7.7 million people to work worldwide.

Express Employment Professionals puts people to work. It generated $3.56 billion in sales and employed a record 566,000 people in 2018. Its long-term goal is to put a million people to work annually. For more information, visit ExpressPros.com.

In this story

This story was originally published in Franchising.com on January 9, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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