The national unemployment rate was at a low in the beginning of the 2020 calendar year. However, three months into the year was March, where the entire global market juxtaposed the earlier, fiscal trajectory. For the next few months, most corporations and smaller businesses saw it hard to remain operating due to the cost of overhead and the lack of revenue coming in, as their clients stop purchasing. Luckily, the manufacturing industry was deemed essential to sustain everyday life, which to many of TriMech’s clients, was a saving grace. Despite being essential, our clients did not scrape by unscathed, and many were needing flexibility by limiting a company's overhead. That's where Staffing came in since many wanted to learn more about the use of contractors in their workspace.
Most of the time it's the job of a staffing group to not only find, place and qualify talent but to educate their clients on the process and options for adding support. A company’s hiring policy and procedure are usually unique to that culture and when a staffing company becomes the mediator in that process, the difference between a successful placement and a failure could come down to the way that candidate was brought on. This means the simple differences between direct hire and contract to hire hold a lot of importance.
August 7, 2019
Ten years after the recession no one would have thought that the American economy could yield this much growth. In our current economy, hiring for such a rise has become an obvious challenge for many companies. The staffing industry stands as the obvious answer for businesses who share this struggle. For recruiters and managers alike there are some transparent tips and tricks that can help lure the right talent and reduce mistakes in the hiring process. The importance of an accurate job description is one such device that the industry leans on to keep unqualified candidates from applying and to start a star player on the right track.
In today’s market, we obviously see the rise in difficulty of finding qualified talent. However, what might not appear obvious, but in-essence becomes more important than finding qualified employees, is keeping qualified employees and specifically those acquired through staffing groups. The main reason for this is that clients have spent money and time to fill a role. The opening is sent to staffing groups because the client is either in a crunch to fill a position to keep up with production or because they do not have the resources available to qualify or find good talent for future growth. In today’s job market, candidates have plenty of options, you must put practices in place to entice employees to stay, communicate their biggest concerns and make sure your investment through staffing will pay off.
With the current unemployment rate sitting at the lowest it has been in the new millennium, it is important to notice that we have what many would call a “Candidates Market.” This term means that jobs are plentiful and individuals looking for work have more options, and offers, than in the last 17 years, making it difficult for companies to fill their needs. The average American would rejoice as this seems to be something that we as a capitalist nation, have been chasing for quite some time after the market crashed in 2008. But on the other side of that is the employer trying to fill open positions. This is a phenomenon that has been expressed by many of my clients in the engineering field, where a shortage of engineers is always prevalent regardless of unemployment rates. TriMech Staffing sees one solution that could remedy your competition with other companies when offering a candidate a position. We see that remedy as having a sense of urgency.