Job market volatility coming to an end?
FOR THIS WEEK ONLY (Dec. 1, 2022 - Dec. 7, 2022) if you are a business owner and schedule a complementary meeting with us to discuss your company's risks and ways we can help you, we will send you a $25 Amazon gift card! Don't miss out on this opportunity. Schedule today!
When you're in business, unfortunate side effects are always included. We're talking about what it takes to hire and fire properly. The last few years has seen major changes to the workplace and what it really means to be an employee. There's been a movement toward employee satisfaction that we've observed in trends such as "quiet quitting" and "The Great Resignation." These trends can make it hard for businesses to find valuable employees if their so-called "perks" are deemed less desirable.
In fact, according to ADP, there were fewer new hires in businesses than expected in the month of November. It appears the volatility in the job market may be settling. This could mean a number of things.
For example, if you're in the market for hiring new talent, this news may tell us that people looking for work are out there. But, businesses need to be more careful than ever when it comes to hiring. Employees are on the lookout for the best of the best. This means people are being picky. Now is the time to perfect your hiring practices and workplace policies and ensure that you are doing everything by the book. It's not easy to source, screen, and onboard the right people, so we can help! If you're looking to grow your company in 2023, let us do your recruiting so you can focus on what's really important.
Now, if you're on the other side of this and are looking to downsize your business, you also have a lot to consider. This also needs to be done properly to avoid headaches and lawsuits. We have a near endless supply of resources and knowledge on terminating properly that can help you lower your risk. If you'd like access to these resources or need any help with employee-related issues, contact us.
No matter which side of the equation you are on, we want to help make sure you're doing it correctly so that you can put your risks in the rear view mirror.