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Employees Will Be Easy to Lose and Hard to Hire in 2017

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Posted: 20th January 2017 by
Lawyer Monthly
Last updated 12th July 2024
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A survey of over 1,000 jobseekers, working professionals, and hiring decision makers reveals what professionals expect in a hiring process and want in a job, and whether employers are meeting these needs.

The Execu|Search Group just released its ‘2017 Hiring Outlook: Strategies For Engaging With Today's Talent And Improving The Candidate Experience’. The report provides insights into the considerations professionals make when deciding whether to apply for a job, join a company, or leave their current position. The Hiring Outlook also offers actionable recommendations for employers to help them attract and retain the best talent in today's candidate-driven job market, one in which job seekers have the advantage. The findings were taken from a survey of more than 1,000 job seekers, working professionals, and hiring decision makers across a number of industries.

"As the job market continues to evolve over the next year, engaging with talent will become even more critical to an organization's success," said Edward Fleischman, Chairman and CEO of The Execu|Search Group. "With this in mind, employers need to embrace transparency during the hiring process and in the workplace. They must also be aware that the candidate profile is changing, especially in regards to millennial employees as they progress from entry-level roles to management positions. To adapt to these changes, we hope employers leverage our 2017 Hiring Outlook as a resource for creating a unified culture that motivates all employees, focuses on career development, and facilitates a new model of leadership."

The Execu|Search survey found that 50% of employees plan to stay at their current company for only two years or less. Keeping this in mind, the Hiring Outlook report provides specific ways in which employers can improve the experience job candidates have during the hiring process, increase engagement and retention among current employees, and develop a more transparent culture and leadership structure that align with the needs of today's workforce.

(Source: The Execu|Search Group)

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