They say that it’s an employer’s market out there when it comes to hiring. Ever since the recession and subsequent depression put millions of Americans out of work, a picture has been painted of hordes of unemployed and underemployed workers, many of them high-skilled, experienced, and willing to take whatever job they can get.
Strangely enough, however, most small business would disagree.
In fact, according to the Wall Street Journal, the small business sector is suffering something of a talent drought. Nearly 30 percent of all small enterprises surveyed indicated that they had one or more positions that could not be filled due to a lack of qualified candidates. Where did all that pent-up demand for jobs go?
The truth is, finding the kind of dedicated talent is more difficult today than ever before. It’s particularly tricky for small businesses who must compete with multinational corporations boasting full-time recruiting officers, established talent pipelines, and marquee names.
That’s quite a tall order to overcome, but it can be done.
One of the biggest obstacles hindering a small business’s ability to recruit well is simply a lack of resources. Often times, it’s key members of the firm or even the owner who must invest precious time searching for prospects, screening candidates, onboarding new hires, training them, and filling out all the paperwork associated with each and every step. It is, without question, an extremely tedious process.
But, here’s a solution: outsource the whole process. Hire a PEO.
PEOs are a third-party company which provide HR services to their clients for a small fee. They are effectively, full-service HR departments staffed with knowledgeable career professionals for hire. Imagine if someone else did all the prospecting for talent, screened every candidate, and only presented you the owner with the best applicants they could find. Furthermore, once a candidate is chosen, this third party orients them, trains them, and sets up the new employee’s benefits, payroll, and insurance. That’s exactly what a PEO can do for you.
When it comes luring bright prospects to your company, small businesses usually can’t hope to compete with corporations. Instead, let PEOs do the heavy lifting so you can get back to doing what really matters: running your company.
Tired of losing the talent war? Hire a PEO to even the playing field!
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