2015 is upon us, which means it’s time to update your strategic staffing plan. What hiring trends must you anticipate for maximum success in the coming year? Here are the top five hiring trends predicted for the Minneapolis area and tips for incorporating them into your upcoming staffing plans:
1. IT hiring will continue to grow. Twin Cities technology firms are growing rapidly, which means information technology (IT) candidates are becoming harder to find. Although most IT hiring is taking place in tech firms, other companies also need these qualified staff members to take care of every company’s growing tech needs. To stay on top of emerging trends in the tech industry, look for candidates who focus on security issues and big data management – two areas that occupy ever-increasing areas of concern in the minds of most executives.
2. Understaffing is a growing problem. While most companies still describe themselves as “adequately staffed,” the percentage of firms facing “understaffing” is on the rise. Adding additional permanent staff is always an option, but temporary or temp-to-perm staff members offer flexibility and “trial run” opportunities that can help a company get the most out of its staffing budget. Talk to your recruiter to learn more about these options.
3. A renewed focus on productivity means a renewed need for retention. As the economy comes roaring back, companies can switch out of “weather the storm” mode and back into full production. For top productivity, experienced candidates who offer a great “fit” and are willing to stick with the company long-term are key, putting retention front and center. Time spent finding better candidates, along with effective onboarding, will pay off in increased productivity in 2015.
4. Announcing positions may be key to finding talent. A mobile workforce goes where the jobs are, according to the old wisdom. In fact, job-seekers are more likely to move where they think the jobs are, whether or not their information matches up to reality. In order to find this highly-mobile talent, then, companies may need to announce their job opportunities more broadly, utilizing a broader range of channels including social media. Alternately, it may be time to “dig deep” – talk to your recruiter about the benefits offered by local “passive” candidate searches.
5. Pay rates are rising. On average, pay rates across all industries are expected to rise 3 percent in 2015, up from 2.9 percent the previous year. Top-performing employees may merit an increase of up to 5 percent. How do you ensure these candidates pay for themselves? Finding qualified individuals who offer a great cultural “fit” is key to productivity that benefits worker and employer alike. Your recruiter can help.
At THE RIGHT STAFF, LLC, our experienced recruiters can help you find the right candidates in the Twin Cities for your company’s growth. Contact us today to learn more about staffing services in the Twin Cities!