For employers, the current job market is leaving them in distress as they struggle to find and secure the best talent for their companies. As a result, many companies are looking for ways to improve their hiring practices so that they can stand out in candidates’ pools of potential employers. Many companies have begun to offer incentives to new hires such as increased pay and increased PTO. Yet, are these strategies enough to alleviate the struggles faced in this competitive market? Are there other tools that employees and employers can utilize to better navigate this environment and have a more successful hiring experience?
Welcome back to Yoh's Back to Work. On this episode, we discuss the extreme level of competition that is currently shaping the job market and address the ways that everyone involved can better navigate the hiring process and level the playing field.
Launia Terry, Vice President of Talent Acquisition at Yoh joins us for this episode. Launia, is here with us to address the serious competition in the job market as a result of the pandemic period and discuss what employees and employers can do to adapt their hiring practices to compete in this environment and better their odds at finding success.