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Combatting the Talent Shortage with Strategic Sourcing

Lever

This period ushered in the rise of remote work — but it also led to The Great Resignation in 2021, when more than 47 million workers quit their jobs for improved work-life balance, more compensation, or better workplace culture.

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Understanding the Gig Economy and Modern Compensation Management

Recruiting Daily

In 2021, Pew Research found that 16% of Americans have undertaken some form of gigging – driving for a ridesharing service, shopping or delivering groceries, performing household tasks or doing something else along these lines. . Source: The State of Gig Work in 2021. Which brings us to the point about compensation.

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Who do people trust most in 2021? Employees.

Stories Incorporated

It’s no surprise to us that the data shows that the group people trust most in 2021 is employees. In 2021, 61 percent of employees choose, leave, avoid or consider an employer based upon their values or beliefs. Reading Time: 7 minutes. Employees especially have increased their focus on the beliefs of a company.

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The pros and cons of posting salary ranges

Leoforce

This law has been in place since 2021. . This law has been in place since 2021. . This act was passed in late 2021. . Research shows that compensation is one of the first things job seekers look at when deciding whether to apply for a position or not. This law was passed in 2022. . Trust is built. software for RPOs.

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Employers are re-thinking experience requirements amid the labor shortage

Leoforce

In July of 2021 alone , over four million Americans quit their jobs, with a large portion represented by mid-career workers aged 30-45. Look at key metrics including compensation, promotion duration, pay raise increments, and training or growth opportunities provided for employees. . Which areas are unfulfilling? Seth Richtsmeier.

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Job Seeker Data Indicates Stress and Insecurity Rising

NPA Worldwide

The results of the 2021 Job Seeker Nation Report have recently been released, and there is a lot to digest. However, overall compensation is still reported as the most influential factor. 53% of surveyed workers report having, or planning to have, a second source of income. The short story is that job seeker data have changed.

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June 2021 BLS Report — The Hiring Crisis is Here

Hireology

Additionally, make sure your compensation packages are competitive. Your current team is your best source for finding quality applicants. So don’t let this extremely effective applicant sourcing channel lay idle. For example, hourly wages among private-sector workers rose 3.6% from a year earlier.

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