Connect with us

Hi, what are you looking for?

Online Business Success

Five Key Ingredients For Attracting Job-Seekers In 2022


Rob Almond is the CEO of NEST, the pioneer of Integrated Facilities Management (IFM) in North America since 1994. Follow NEST on LinkedIn.

In less than two years, the U.S. unemployment rate swung from an all-time high to a labor shortage. In November 2021, a record 4.5 million Americans quit their job. This drastic shift has companies scrambling to recruit, hire and train employees to maintain productivity. Regardless of the labor statistics, it is critical to understand what candidates are seeking and what it takes to retain talent.

While competitive compensation is fundamental, job seekers and employees are also looking for a well-rounded employer. As the CEO of a company with nearly 300 employees and more than 20,000 independent service partners, I work closely with our HR department to create a corporate culture where employees and partners are valued and, as a result, become ambassadors for our organization.

Leadership’s approach to the hiring process and employee retention should mirror many critical elements that job seekers are looking for in 2022. Here are five key areas to consider:

1. Flexibility

Advertisement. Scroll to continue reading.

While networking events, in-person meetings and team activities are valuable, the pandemic made it clear that employees can also be productive in a work-from-home environment. Before the pandemic, full-time attendance in an office or cubicle was typically mandatory five days a week. However, with sustained and often improved productivity, a flexible remote or hybrid approach could attract candidates from more regions and expand the talent pool.

Flexibility is no longer just a health and safety decision. Employees can work in physical offices some days, while other times, they can use tools and technology to produce, learn and grow remotely. According to a survey by Bain & Co. (via Bloomberg), U.S. workers indicate that flexibility is tied for second as the most significant motivator when evaluating a job, landing only behind compensation and benefits.

2. Inclusiveness And Transparency

With so much uncertainty in 2020, transparency from leadership was critically important to employees early in the pandemic. At my company, we didn’t hold back on what we disclosed to our team, and we plan to continue to overcommunicate our goals, mission and vision in the future.

Leaders should ensure that communication and messaging with all departments across all company levels is honest and authentic. Don’t just encourage feedback; ask for it from every employee. Communication and trust will strengthen in both directions once employees understand the “why.”

3. Equality

Equality goes far beyond following the laws against discrimination. It is about supporting and valuing differences among all of your team—whether those differences relate to gender, race, age, differing abilities, education, religion or orientation. Companies must proactively embrace diversity in an environment where learning, training and growth are available to all employees.

A variety of backgrounds leads to different perspectives, outlooks, creativity and discussion. New ideas are generated in a workplace that is safe and encouraging for all. Ultimately, fostering an equality-minded environment will improve a company’s ability to grow and relate to all backgrounds.

4. Philanthropy

Advertisement. Scroll to continue reading.

To build a community, companies must focus on internal goodwill and external philanthropy. Internal goodwill means taking a holistic approach to caring for your employees, whether on or off the clock. During the pandemic, my company, for example, found ways to impact employees and their families with virtual cooking classes and enrichment programs for our employees’ children.

External philanthropy should be part of the mission for any profitable business as well. For instance, my company integrates partner and employee participation to help guide where company time and resources are donated. Partners and employees often select donation beneficiaries in local communities where our employees and partners reside.

5. Culture

Each point above contributes to creating a desirable corporate culture that job seekers want to join and employees value. Building and maintaining culture is a daily mindset that aligns with strategy. A great culture requires a clear mission with the ability to address dysfunction.

With the right recipe of flexibility, inclusiveness, transparency, equality, philanthropy and culture, the quality of an employer’s candidates will expand, and more inspired employees will arise. The impact can be tangible. According to another study by Bain & Company (via Harvard Business Review), inspired employees are 125% more productive than an employee who is just “satisfied,” which means a motivated employee can produce as much as 2.25 satisfied employees.


Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?


.



Source link

Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply

Latest

Online Business Success

CEO Prosperwell Financial, Wealth Advisor RJFS getty Being a business owner can be awful and horrible sometimes. You may feel like you are on...

Loan And Finance

Cryptocurrency investors are planning for the long term, targeting their digital assets toward retirement and future generations. According to a new survey by The...

Top Stories

The Portuguese congress, Assembleia da Republica, has rejected two bills that would have imposed a tax on cryptocurrencies. Portugal has long been regarded as...

Technology

Manta, a date lineage platform that helps enterprises understand and visualize the flow of information through the organization, has raised $35 million in a...

Technology

What just happened? After forecasting a decline in GPU sales for graphics cards and consoles in the current quarter, Nvidia has become the latest...

Online Business Success

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, US, September 4, 2018. — Reuters/File  IMF official emphasises urgency of...

Advertisement

You May Also Like

Uncategorized

Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...

Advertisement