Each quarter, the Attraction and Retention newsletter offers statistics about the employment market, suggestions on securing top talent and insight to attract and retain workers.
The second quarter edition explores:
- the labor, attraction and retention challenges expected in 2023;
- how to build an employee value proposition; and
- how to use skills-based hiring.
Employers are increasingly recognizing and responding to a competitive labor market with strategies that attract top talent. As we move into the future of work, some industries may have more pronounced talent recruitment challenges than others.
Corroborated by Willis Towers Watson research, 40% of businesses anticipate attraction difficulties in 2023 — significantly less than the 95% that faced similar challenges just one year earlier. To stay ahead in this race for skilled professionals, employers are exploring strategies such as competitive compensation, benefits to meet the needs of workers, pay transparency and continued flexible work policies.
Download your copy of Attraction and Retention today to stay up to date on trends, challenges and tips to stay competitive.
For more information about employee benefits, our services and products, contact HANYS Benefit Services by email or call 800.388.1963.
This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2023 Zywave, Inc. All rights reserved.