Patrice & Associates Awards 20 Franchise Licenses So Far in 2024

“The job market has stabilized - it's similar to what it was in 2019 prior to the pandemic,” said Brian Miller, CEO of Patrice & Associates.

Read the original at Franchising.com
Patrice & Associates Awards 20 Franchise Licenses So Far in 2024

TL;DR

Patrice & Associates has awarded 20 franchise licenses so far in 2024, with the job market stabilizing similar to pre-pandemic levels. The brand is expanding into new business verticals, including construction and engineering, retail, finance, technology, oil and gas, and insurance.

“The job market has stabilized - it's similar to what it was in 2019 prior to the pandemic,” said Brian Miller, CEO of Patrice & Associates. “Immediately post pandemic, it was a feeding frenzy - the salary charts went out the window and organizations weren’t as picky as they were in the past. They just needed people.

When you go to a grocery store and you’re hungry, you gobble everything up. Now, it is still a tight labor market similar to 2019, but it has stabilized and as a result of that, companies are still struggling to fill jobs and find really good talent. That makes Patrice & Associates an exciting franchise opportunity in 2024.”

In addition to franchise growth, Patrice & Associates is also expanding its presence into new business verticals. While Patrice & Associates franchisees have long been experts in the hospitality industry, the brand has spent the past year entering several new sectors, including construction and engineering, retail, finance, technology, oil and gas, and insurance, among other industries.

In all of these areas, Patrice & Associates is able to deliver by focusing on quality over quantity - finding the best match for both the candidate and the organization.

“We already have the job listings and provide them to the franchisees, but the AI components can analyze the job, create a scoring algorithm and match the best candidates from the database,” said Jason Miller, vice president of development for Patrice & Associates. “Additionally, it has external sourcing capabilities that connect to third-party platforms and LinkedIn, giving access to resumes. It’s an internal and external sourcing tool that helps franchisees manage the pool of candidates and limits the amount of time they have to spend narrowing the funnel.”

In this story

This story was originally published in Franchising.com on August 15, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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