{"id":900,"date":"2018-10-29T13:15:17","date_gmt":"2018-10-29T13:15:17","guid":{"rendered":"http:\/\/sonusbenefits.com\/?p=900"},"modified":"2018-10-29T13:16:12","modified_gmt":"2018-10-29T13:16:12","slug":"not-imagination-recruiting-retaining-talent-hard","status":"publish","type":"post","link":"https:\/\/sonusbenefits.com\/not-imagination-recruiting-retaining-talent-hard\/","title":{"rendered":"It\u2019s Not Your Imagination. Recruiting and Retaining Talent is Hard."},"content":{"rendered":"<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is evidence mounting that when it comes to talent, it\u2019s a seller\u2019s market. If you\u2019ve got it, you\u2019re in high demand. In other words, the power within the hiring process is shifting from employer to employee.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">In this new reality, job seekers are increasingly going to be able to leverage their experience and choose from the opportunities open to them. The human resources talent acquisition game is changing, and employers are going to have to work harder than ever to find and hire great people.<\/span><\/p>\n<p style=\"font-weight: 400;\"><b>Why is this happening?<\/b><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Not only is unemployment low, but an entire workplace cohort is rapidly leaving the workforce.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It\u2019s been estimated that as many as 10,000 baby boomers reach retirement age every day. As these tenured employees exit the workforce, employers are faced with a mad scramble to replace all of that experience, talent, and labor. Companies will need to compete for the best talent in ways they may have never experienced before.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">According to a<\/span><a href=\"https:\/\/press-content.glassdoor.com\/app\/uploads\/sites\/2\/2016\/03\/Glassdoor-Q116-ECS-Supplement.pdf\"> <span style=\"font-weight: 400;\">survey by Glassdoor<\/span><\/a><span style=\"font-weight: 400;\">, it appears we may be seeing signs of this already.<\/span><\/p>\n<ul style=\"font-weight: 400;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">More than half (53%) of American employees (including those self-employed) believe if they lost their job they would be likely to find a new job matched to their experience and current compensation levels in the next six months<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Nearly half (46%) of U.S. employees expect a pay raise in the next 12 months<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Only 14% of respondents expressed fears about potential layoffs, reflecting a high level of employee confidence<\/span><\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Meanwhile, a<\/span><a href=\"https:\/\/www.jobvite.com\/wp-content\/uploads\/2015\/01\/jobvite_jobseeker_nation_2015.pdf\"> <span style=\"font-weight: 400;\">Jobvite study<\/span><\/a><span style=\"font-weight: 400;\"> provides some even more intriguing job search facts.<\/span><\/p>\n<ul style=\"font-weight: 400;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">45% of workers will jump ship for a new job\u2014 even if they are happy in their current position<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The technology sector has the highest short-term turnover, but no industry is safe<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">50% of employed job seekers see their current positions as temporary<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Money is still the number one factor in the decision to leave or accept a position<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Employed job seekers fessed up to searching for new positions during their commute (38%), on the job (30%) and even in the bathroom (18%)<\/span><\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you\u2019re an HR manager who hates turnover, this isn\u2019t what you wanted to hear.<\/span><\/p>\n<p style=\"font-weight: 400;\"><b>What can employers do?<\/b><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You can choose not to trust the data, or to think your organization is exempt, but those could be some very costly mistakes.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You could also work become an employer of choice, putting yourself in a the best possible position to handle this new job search reality.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Look around your company and ask yourself:<\/span><\/p>\n<ul style=\"font-weight: 400;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Does your staff stay consistent or are there new faces every week?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Are people excited to come to work each day?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Are they given the tools they need to be successful?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Do they feel like part of a team? Are they aligned with the company mission and beliefs?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Do your employees refer great candidates in or are they asking friends about <\/span><i><span style=\"font-weight: 400;\">their <\/span><\/i><span style=\"font-weight: 400;\">employers?<\/span><\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">These things can tell you a lot about how attractive you are to potential new hires, and those who are currently on staff.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Don&#8217;t take your employees for granted, and don&#8217;t let their silence fool you into thinking they are satisfied. Even if they aren\u2019t actively out looking, someone with a more attractive culture, value proposition, or opportunity just might find them and snap them up.<\/span><\/p>\n<p><br style=\"font-weight: 400;\" \/><br style=\"font-weight: 400;\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is evidence mounting that when it comes to talent, it\u2019s a seller\u2019s market. If you\u2019ve got it, you\u2019re in high demand. In other words, the power within the hiring process is shifting from employer to employee. In this new reality, job seekers are increasingly going to be able to leverage their experience and choose&#8230;<\/p>\n","protected":false},"author":6,"featured_media":901,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_mi_skip_tracking":false},"categories":[5],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>It\u2019s Not Your Imagination. 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