Global leader in human capital solutions, CareerBuilder, recently announced that the year ahead will remain cautiously optimistic, according to their annual job forecast. Similar to 2011, nearly one-in-four hiring managers and human resources professionals plan to hire full-time employees in 2012. Small businesses particularly are expected to show much improvement over last year.
The four employment trends to watch for in 2012, as identified by CareerBuilder are as follows:
- Compensation getting more competitive for skilled positions, increasing for both current employees and prospects.
- Increased turnover: 30 percent of employers said they lost top performers in 2011 and 43 percent stated they are concerned top talent may leave their organization in the New Year.
- More training: There is an increasing number of areas where the demand for skilled positions is outnumbering the supply. This will prompt employers in 2012 to conduct training– 38 percent plan to train either existing employees or new hires that do not currently have enough relevant experience.
- More diversity: Diversity can bring a number of benefits to an organization, and 29 percent of employers said they will be focusing on recruiting a diverse workforce in 2012.
With exception of increased turnover, the 2012 trends are quite exciting for both employers and the workforce– certainly great news for both, and a lot to look forward to. But, as a hiring manager, human resources professional, or business owner, how do you stay compliant within all of these areas? With business moving so quickly, we’re certain you’ll have more important revenue-generating items to manage in 2012. A PEO lets you grow your business, by handling all of the suspected trends above.
Changing salaries? Putting together more competitive packages? A PEO will handle payroll, claims, benefits and employee management.
Worried about increased turnover? PEOs help attract and retain top employees—Comprehensive benefits packages and recruiting assistance makes sure the right talent is hired AND stays put.
What about training? Certainly employees will need training, but does your HR staff or executive team have the time for that? PEOs typically provide professionally written employee handbooks and policies, which translate into clear expectations and peak performance. Many PEOs also deliver a wide array of online or instructor-led classes for employee development, workplace safety, functional skills, and improving computer, software and internet skills.
And, with more than 60 employment-related governmental regulations, compliance alone will be a full-time job when looking to diversify your workforce. If you are not prepared to manage and obtain your hiring goals this year, you’ll need a PEO to protect your business!