Make 2018 The Best Year Yet

The new year is right around the corner and you’ve probably already begun to set organizational goals for 2018. With hiring a core component of any strategic plan, it’s important to work closely with your staffing partner to determine how your hiring efforts will best help you reach your goals. As you can imagine, many factors come into play with creating a comprehensive hiring strategy.

One of the most important things to consider is how outside forces will impact your ability to achieve those goals and what you’re going to do about it. For example, if one of your goals is to expand your business, what will it cost? No doubt you’ve considered operational costs and upfront investment, but what about the cost and scarcity of talent?

It’s harder than ever to find and attract the talent you need to reach your goals, and it’s likely you’ll have to pay a premium.

You can make 2018 a great year if you are realistic about the challenges that come with reaching business goals in today’s market environment.

Create a realistic budget. Consider current and future costs of acquiring talent. Review the past year’s labor costs and anticipate upcoming labor expenses. The cost of talent is rising. Don’t lose the best people to the competition because of outdated data on market rates.

Consider the time cost as well. Finding top talent in a tight labor market takes a focused effort, one you may not have the bandwidth to undertake. This is where a trusted staffing partner can step in. They have a thorough understanding of current market conditions, relationships in a talent network and a proven method of screening talent.

Whether it’s reducing staffing levels to maintain optimal operational needs or increasing staffing to meet higher demand, your staffing partner can help you implement a plan that addresses your current conditions.

Evaluate employee retention. Employers must work harder to retain top people. How many employees have left your organization in less than one year? What reasons have they cited for leaving? How satisfied are your existing employees with their jobs? Gathering answers to these questions is critical for making any positive hiring changes.

Your staffing partner can share best practices that can help you to reduce turnover. While you’re limited to your own experience within your company, staffing professionals work with dozens or even hundreds of employers. They can offer insights into what works and what doesn’t.

They can also help you recruit temporary employees for high turnover positions to help alleviate costs incurred by constantly finding replacements for these jobs. This in turn will directly improve your bottom line, as you’ll eliminate expenses incurred with replacing full-time vacancies, as well as costs associated with interviewing and onboarding new employees.

Find higher quality workers. Sacrificing quality for cost is short-sighted and can end up costing you more in the long run. Your staffing partner can help you get the most bang for your staffing dollar. Whether you have short-term contract positions open or need direct hire employees, your staffing partner can deliver a constant stream of skilled candidates through its talent pipeline. Going into the new year, this will take the burden off your HR team and allow for a more qualified and robust workforce that can fulfill your needs as efficiently as possible.

Though every organization has needs, a staffing partner will always serve to reduce costs and improve the quality of your workforce. Regardless of your goals, involving your staffing partner in your 2018 hiring strategy will set your organization up for financial success.

Ready to build your workforce for 2018? Let the team at Case Staffing Solutions help you devise a hiring strategy to reach all your goals.