Developments from the Staffing Industry Daily News and The Staffing Stream to help you focus on emerging movements that could shape your business for the better.
Be the Best
Best companies to work for realize many benefits.
If trying to get your finance people or other senior executives to understand the value of measuring and building employee engagement frustrates you, you are not alone. People in the finance function often are quick to question the cost of “that soft and fuzzy people stuff.” Here is some great fodder for enlightening them.
Here’s a glimpse of the benefits best-in-class or most engaged organizations garner:
- 20 times more innovation and creativity
- 44% higher retention
- 37% higher sales
- 125% less burnout/job stress
- 66% lower absenteeism
- 51% less turnover
- 350% more profitability
Source: “So What if You’re Not a Best Place to Work?” The Staffing Stream, by Kevin Sheridan, chief engagement officer, Kevin Sheridan LLC.
Got Talent?
Skills shortage is top hiring challenge.
The talent shortage is now the top hiring challenge, according to the Glassdoor Recruiting Outlook Survey. Nearly half, 48%, of hiring decision-makers don’t see enough qualified candidates for open positions and 26% see the situation getting harder in the next 12 months as the US economy picks up.
Tech Training for Hire
New TechTrain initiative seeks to ease skills gap.
The Obama Administration launched an initiative in March that aims to provide Americans with the skills needed for well-paying jobs through universities and community colleges as well as nontraditional approaches like coding bootcamps and online courses.
Predicted growth in temporary employment by 2019, according to a CareerBuilder survey
