There are several other factors that contribute to the current state of the workforce and the high unemployment rate. These include elements such as extended unemployment insurance (UI) benefits, a reshuffle of the workforce, childcare and school disruptions, and foreign workers’ inability to come to the U.S. for jobs.
State-provided unemployment insurance (UI) benefits and pandemic unemployment assistance (PUA) were used to support those in need throughout the pandemic. The rate of $300 per week for 46 weeks made it easy for Americans to continue making roughly $17.50 an hour for almost an entire year from the comfort of their home. Because of this, there was little motivation for prospective employees to job hunt.
The recent significant changes in the workforce have been labeled as the “Great Resignation” as we’ve seen millions of Americans quit their jobs. Since the Great Resignation, many people have decided to change job or career paths and have jumped back into re-education. College enrollments across the U.S. increased for the Fall 2021 semester and people are looking to switch into new fields and careers.
Many individuals who left their customer service jobs at the beginning of COVID-19 chose to leave service for good in order to pursue employment in warehouse and distribution facilities, for example. Customer service jobs are in high demand as a result of this.
Another factor that significantly affected the current state of our workforce was parents’ ability to provide adequate childcare for their children who were no longer able to attend school in person. Most states kept public and private schools shut until the Fall of 2021. Due to this, many parents were required to be home with their children. Parents turned into teachers and more than 1.8 million women left the workforce entirely.
Foreign workers account for a large amount of job retention in the United States, but they were, unfortunately, unable to transfer into the states due to COVID health mandates. This left several industries including farming, hospitality, and ski resorts to be understaffed and at a disadvantage.
Given the current unemployment rate and the factors involved in what makes up today’s labor force, it’s evident that the state of our workforce is taking a major turn. Employers everywhere are having difficulties hiring and retaining quality employees which are putting several industries and businesses at risk of failing.
There are, however, resources at an organization’s disposal to help. An experienced PEO or staffing and recruiting company can help business owners and hiring managers find valuable candidates to fill their unoccupied job roles.
Working with a professional workforce administration company, like The Applied Companies, can help set your company up for success. TAC has been part of the Reno community since 2002 and prides itself on thoughtful solutions and authentic relationships.
Our Reno staffing solutions help employers in need of a professional, reliable, and ambitious workforce. We work to provide you with quality candidates to help you grow your business and decrease turnover to save you time and money. Connect with us today for help growing your team.
Too often candidates and employers make the hiring process much more complicated than it should be. The principle that more job seekers and hiring authorities should adopt is Occam’s razor, which advocates for simple assumptions to be used in the hiring process. Not only will this principle simplify the entire recruitment process, but it can also help employers find better candidates, and helps candidates better prepare for interviews. However, if you need further assistance in the hiring process, utilize our human resource consulting services which help candidates and employers find the best option for employment. Or, take a look below to learn more about how you can simplify the hiring process for yourself by not making complex assumptions.
William of Ockham created the problem-solving principle known as Occam’s razor, a theory that expresses a simplified way of coming to a more beneficial conclusion. His theory states that when considering the best possibility, the one with the fewest, or most simple, assumptions should be chosen. Today, this principle can be effectively used in the hiring process because it acts as a model for both candidates and employers to follow. For example, if more people made fewer assumptions during an interview, they would be able to get to key details more quickly and with less frustration. Not only would the recruitment process and interviewing be much more simple for both parties, but it would also provide better results.
Both the applicant and the hiring authority can benefit from making simple assumptions during the hiring process. Here’s how:
Typically candidates make too many assumptions about their resume. These commonly incorrect presumptions are that their resume will be read, the person reading the resume will already know what to look for, and lastly that the reader will understand the message they are trying to convey. However, using Occam’s razor will allow candidates to better prepare their resume for what employers are actually looking for. Candidates should write their resume with the simple assertion that “I am a good employee and this is why.” This uncomplicated assumption will make their resume more clear and garner them more interview opportunities.
And when it comes to the interview process, applicants should remember to also keep things simple. Your main goal as a candidate is to sell yourself to your potential boss. By straightforwardly explaining “here’s what I’ve accomplished and done for others and here’s what I can do for you,” you’ll easily get the attention of your interviewer and have a better probability of being considered for the job.
Using the simple assumption theory also helps interviewers, or hiring authorities, make uncomplicated assumptions that alleviate the stress of recruiting a new employee. Employers should consider these four simple assumptions:
These questions are uncomplicated and direct which allows hiring authorities to make better decisions in a shorter amount of time. This simplifies the entire process and typically provides better end results as well.
Another crucial way to find the best candidate for an open position is to test their critical thinking skills. To do this, start by giving your prospective candidate a business-related problem that would pertain to your company. Then ask them to solve the problem and analyze their results. When doing this you want to look for two key things - what their answer is (if it’s right or wrong) and how they came to this solution. The most important thing to figure out is how they think, so look for creative and surprising responses that you think will be a good asset to bring to your company.
Also, don’t be afraid of politely pushing back during an interview. A critical thinker will defend their answer and give reasons to back up that defense. This shows the type of personality that is beneficial to have on your team and displays whether or not the candidate is confident in their own abilities.
If the hiring process leaves you feeling overwhelmed, then connect with the experts at The Applied Companies. Our human resource consulting services are designed to help candidates and employers alike throughout the recruitment process. We help candidates find their ideal job and assist businesses in hiring appropriate employees. Whether you’re looking for a career or searching for the right candidate, we’re here for you.
Determining whether or not a company should take a political stand is a common concern among businesses. Companies often ask themselves what consequences they might face from taking a political stand, and how their business might benefit from making their voice heard. But, how do you decide if becoming involved in politics is the right decision for your business or not?
Generally, private sector employers may limit political discussions as well as asking for political donations in the workplace. Often, employees will confuse their First Amendment rights with rules inside the workplace. Rules regarding these issues are state-specific, and employers who seek to limit solicitation are encouraged to incorporate rules into a policy. However, employers may contribute what they want to political campaigns. But, is this a wise choice? (more…)
Asking for a raise can be nerve-wracking, to say the least. So much so that some people put it off for months, or even years. But the truth is: There’s nothing wrong with requesting a pay increase, as long as it’s realistic and is a true reflection of the value you add to your company.
Even though your manager already has all your job-related data, you still need to present your case for a raise. Be ready to approach the issue professionally and to build an evidence-based case for your desired salary. (more…)
Companies looking to find top talent in the current job market environment have their work cut out for them. The unemployment rate is at historic lows the United State has not seen in 50 years. As a result, skilled employees are in higher demand across all parts of the country, and Northern Nevada is no different.
It can be more challenging to recruit in an environment in which employment is so robust, as there can be stiff competition for top candidates. Many may be already employed and content with their position.
Throughout the United States, unemployment is at record lows. The unemployment rate nationally stands at 3.7 percent, the lowest it has been in decades – and in Reno, unemployment is even lower than the national average at 3.5 percent.
With record-low unemployment in Reno, businesses are hard-pressed to find qualified candidates. If you’re thinking about finding better jobs in Reno, now is a great time to do so! Employers are eager to find high quality candidates.
If you’re looking for jobs in Reno or throughout Northern Nevada in the new year, here are four tips on how to get ready for the job search.
If you’re looking for people to hire, an employee referral program can have many benefits. That’s especially true in today’s environment, in which employment is at record levels. It can be difficult to find qualified people, and the search can be extensive.
If you have employees who go above and beyond in their work, and they know more people who could help your organization grow, having an established referral system makes those connections possible. What benefits could your organization gain from setting up a referral system?
It can be tough to look for a job when you’re very busy. If you’re already working long days, you might not have time at the end of the day to find the new job you need. The very idea of tailoring resumes and spending hours searching job postings can get pushed down the list of priorities.
A Reno NV job recruiters can help you find the right jobs that fit your goals and needs when you don't have the time to job search. Check out these four tips for maximizing your time and finding your next opportunity as easily as possible.
Most employers do not spend time thinking about the interviewing process, which can be a strategic error in the long run. Far too often, the process is overly reactive. Interviewers and hiring managers jump to a quick decision and hire one of the first candidates available as opposed to hiring the right candidate. They end up with an unstructured interview process that may or may not net the best candidates.
There’s a real need to use the interview process to identify the best candidates. The cost of employee turnover ranges anywhere from 40 to 70 percent of the position’s annual salary for service sector jobs. For supervisory positions, the cost may be over 100 percent of the annual salary.
Everyone approaches an interview with some level of anxiety and worry about whether they will get the job or not. Making a good first impression is key, so managing the start of the interview with confidence and carrying that throughout the hiring process goes a long way.
What can you do as an interviewee to prepare for success and land your next job?
Attracting and hiring executive-level talent can be a complex process. If you find your current human resources team is stretched too thin, lacks the capability, or is taking a long time to fill open positions, it’s time to consider using an executive search firm.
How exactly can an executive search firm help your business make the right hire? Learn from The Applied Companies! Here’s when you can determine it’s time to work with an executive search firm in Reno.
One of the most common interview questions is “tell me about yourself.” In fact, the vast majority of interviews start with the exact same question.
Starting off the interview with a very open-ended question is popular with many interviewers. It can’t be answered with a yes or no, so it yields more information and helps the interviewee open up. More importantly, though, what a person chooses to answer with can be very revealing of their personality and how they think. It’s therefore more likely to give interviewers multiple layers of information.
How can you prepare a great answer and start your interview on a high note? Here’s are some tips to make you shine in the interview.
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