There are not enough workers in the United States. In fact, labor experts have said the job market has not been so lacking in employees since the 1950s. Even economists are surprised by the ongoing scarcity of workers.
This new paradigm is forcing the staffing sector to pivot and develop fresh solutions. Because of this labor shortage, recruiters will need to implement specific strategies to attract and place qualified employees. In addition to staffing insurance that offers a safety net, innovative approaches are the key to success.
Cultivate a Welcoming Environment
One of the most important strategies to dealing with the labor shortage is to create an environment that welcomes a wide variety of backgrounds, experiences, personalities, and educational histories. Job seekers are becoming more diverse, and recruiters must create an atmosphere of inclusion and acceptance of multiple types of skilled employees.
Speed up Operations
Recruiters will need to speed up. Today’s changing labor market needs fast turnaround times. In the past, transition times often lasted for days or even weeks, The time between when staffing professionals receive client requests and when qualified employees arrive at the clients’ locations should now be measured in hours.
Recruiters wondering how to overcome the labor shortage and please clients should take multiple steps to work faster, including:
- Streamline internal processes
- Invest in new technologies where needed
- Cultivate strong vendor relations
The key to success is efficiency and knowledge.
Become Talent Managers
Rather than constantly recruiting new individuals for the work force, staffing professionals should become managers of the talent they have to quickly meet the demand for workers. Forward-thinking recruiters will develop a pool of talent that will become an invaluable advantage in today’s tight labor market.
Successful staffing professionals will find ways to keep this community of talent interested and motivated, and recruiters will be ready to retrain employees when necessary. Once recruiters find reliable individuals, they also should work hard to retain them. While reliable staffing insurance can ground staffing firms, recruiters must revolutionize their task orientation in response to the modern labor market.
When recruiters find responsible, qualified individuals who meet and exceed client expectations, they need to work hard to hold on to those people. One way to do this is by offering incentives. Incentive pay programs reward employees who deliver positive results. They come in multiple forms, including cash, gift cards, store discounts, raffles, and even merchandise. Incentives encourage qualified employees to show up for assignments as well as stay in assignments until they finish.
Even with today’s unusually tight job market, recruiters can take proactive steps that benefit themselves, employees, and their clients. Updating and streamlining operations and changing attitudes toward talent acquisition are keys to success for today’s staffing professionals.
About U.S. Risk
U.S. Risk, LLC. is a wholesale broker and specialty lines underwriting manager providing a wide range of specialty insurance products and services. Headquartered in Dallas, Texas and operating 16 domestic and international branches, U.S. Risk and its affiliates would like to help you access a world of new markets and products. For more information, contact us today at (800) 232-5830.