“According to a survey conducted by the Kaiser Family Foundation, almost 9 in 10 large employers offer an employee wellness program. What can staffing companies, and the organizations they partner with, gain from implementing a financial wellness program? This often overlooked, and easy-to-implement- employee benefit is the perfect way to gain that competitive edge your staffing company needs to retain and attract employees in today’s ultra-competitive market.
Learn more about the four big benefits of offering earned wage access to your call center employees.
Candidates hold all the cards right now. If your staffing firm is not focused on creating the best experience possible for candidates, they will take their business elsewhere.
1. Flexible, Predictable Schedules
2. Early Access to Pay
3. Paid Time Off and Leave
In the midst of The Great Resignation, businesses are want to both retain their teams and grow them. Recruiters and HR professionals are bogged down with backfilling roles in addition to locking in key members to exiting teams.
A recent report revealed 73% of companies planned to hire more than 100 people. Leadership and teams have extraordinary gaps that call for innovative solutions to attract the necessary staff.
Candidates Call the Shots
A Recruiter Nation Report, published by Jobvites, finds recruiters and HR professionals believe that providing substantial benefits and perks are essential to hook prospective staff who now shop around in this area.
Source: Precision Global Consulting: US Staffing Industry Trend to Watch 2022
Staffing firms need to reconsider the benefits that they and the companies for which they recruit offer to employees post-COVID in order to align with new budgetary constraints, a changing workforce dynamic and different employee needs.
With “The Great Resignation” in full swing and candidates demanding more benefits, raising pay has swiftly become a standard requirement. As a result, employers will need to look at implementing other benefits to attract and retain talent and stand out among the competition:
Offer alternative workdays between their homes and a physical site.
Transportation to and from work for employees who may need it
A mobile communication platform to digitize the employee experience for gig, temporary and direct-hire workers
Ensure workplaces and office spaces are safe
Career advancement opportunities
The American Staffing Association found a better post-holiday start in staffing employment with almost 14% more staffing jobs reported in mid-January 2022, compared with the same period in 2021.
An ongoing pain point for recruiters is ensuring a robust compensation package can be offered to candidates every level, paying particularly close attention to healthcare benefits, earned wage access, and other solutions that are attractive perks of the job.
Learn how thousands of companies have improved their retention, recruitment, and engagement by offering Payactiv.
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