Menu
The Top Secrets For Hiring Top Talent This Holiday Season
Did you know Hotel & Hospitality workers are aggressively looking for additional holiday opportunities?
About 42% of those now working hotel & hospitality jobs want to find a second job in the hotel and hospitality field. On top of that, the winter holiday season has consistently shown to be a profitable and exciting opportunity for retailers and hospitality businesses to reach record-breaking revenue numbers with shoppers and travelers lining up as early as November 1st.
Sources: Holiday Hiring Report 2022: What To Expect and How To Be Successful
Increase your recruitment and rebuild the hotel workforce
Learn more about the hospitality industry’s unique recruitment strategies that yield resounding positive results.
Timely solutions for retail
Get a headstart on seasonal hiring. Download this practical guide on how to increase employee productivity and improve retention this holiday season.
FACT
There are still roughly two job openings, about 11 million, for every one person looking for a position, about 6 million.
Sources: Holiday Hiring Report 2022: What To Expect and How To Be Successful
Finding The Best Talent Comes Down to
Providing The Best Experience.
Seasonal retail sales are still likely to increase by 4-6% this holiday season with big retailers like Walmart announcing a plan to hire 40,000 additional workers. This holiday season may be the best time for you to invest in expanding your team, not just to fill in shifts for the holiday rush, but in the long run as many workers are looking for a second, or even, third job to support themselves and their family.
Sources: https://hrexecutive.com/seasonal-hiring-is-different-in-2022-how-talent-leaders-can-make-the-most-of-it/
Inflation has gone up about 8.5% this year, as compared to the current wage rate gain of 3.3%, And as a result, 45% of hourly workers report they’re no longer able to pay their bills and for other necessities.
Sources: Holiday Hiring Report 2022: What To Expect and How To Be Successful
25% of hourly workers are already working multiple jobs, showing that good candidates are already making their workplace decisions for this winter.
Sources: Holiday Hiring Report 2022: What To Expect and How To Be Successful
“Simply bumping your pay up to $15 an hour won’t be enough,” he says. “The competition is already quite stiff for these types of roles and the holiday season will exacerbate this. Having a game plan to support these workers through the season and not burn them out will be important since they can typically go a few storefronts over and do something else if they don’t like their work.
– Neil Costa, founder and CEO of HireClix
Source: https://hrexecutive.com/seasonal-hiring-is-different-in-2022-how-talent-leaders-can-make-the-most-of-it/
Top benefits that workers report would entice them to take a seasonal job
Attracting top talent this holiday season is all about understanding candidate expectations in a post-pandemic world and the current economic climate. The benefits and work culture you offer candidates will ultimately decide your success in attracting, hiring, and retaining them.
Weekly payouts
0
%
Flexible scheduling
0
%
Sign on bonus
0
%
Potential for
permanent hire
permanent hire
0
%
End-of-season performance bonus
0
%
Discounts on company products/services
0
%
Shift meals
0
%
Industry Insights & Statistics
- 73% of workers polled say they need additional income due to inflation and other economic conditions and that almost half (47%) plan to work at least two jobs this year.
- Rising inflation is motivating people to work multiple jobs. 45% of hourly workers report they’re no longer able to pay their bills and other necessities.
- 83% of holiday workers don’t return the next year. This shows that there is a great deal of opportunity for creating a welcoming work experience that is both efficient and attractive to rebound seasonal workers.
Sources:
1 https://hrexecutive.com/seasonal-hiring-is-different-in-2022-how-talent-leaders-can-make-the-most-of-it/
2 Holiday Hiring Report 2022: What To Expect and How To Be Successful
1 https://hrexecutive.com/seasonal-hiring-is-different-in-2022-how-talent-leaders-can-make-the-most-of-it/
2 Holiday Hiring Report 2022: What To Expect and How To Be Successful
Pro Tip
Make the most of your social media pages to easily find and recruit top talent.
- 57% of job seekers use social media in their job search.
- 73% of job seekers aged 18-34 found their last job through social media.
- 70% of managers have had success hiring through social media.
Source: https://www.zippia.com/advice/social-media-recruitment-statistics/
What Employees Want
How to Create An Irresistible Job Posting For Seasonal Employees
You can approach this holiday season as a mutual win between you and top candidates.
As the pressure mounts to hire and retain the best candidates, so does the expectation that as an employer, you put together a supportive and noteworthy employment offer. On top of traditional benefits like higher pay, college tuition assistance, bonuses, you can also sweeten the deal by allowing employees to access their earned wages earlier through Earned Wage Access, to help them pay their bills on time and avoid late or overdraft fees.
On-Demand Pay
Many workers take on seasonal jobs to earn extra money to pay their bills and buy gifts. Make it even easier for them by offering Earned Wage Access so they can avoid late and overdraft fees.
Flexible Work & Shift Schedules
Offer flexibility when it comes to scheduling in order to be respectful of your workers and maximize their productivity.
The Earlier You Recruit, the Better
Forward-thinking and talented workers find their first or even second jobs as early as possible to maximize their wages and benefits. Start hiring as soon as possible to recruit the best candidates.
Tuition Perks & Learning Opportunities
Offer tuition perks to college students and training and certification opportunities to employees who are committed to refining their skillset and growing with the company. For example, you can invest in data science, marketing, or business trainings.
Career Advancement & Progression
Avoid looking at seasonal hiring as a temporary expense and more as an opportunity to hire and train long term employees who are looking for opportunities to grow with your business.
Upgraded Team Communication
Incorporate a mobile, cross-team communication platform to keep employees up to date with announcements and coordinate shifts.
Transportation and Housing Opportunities
Depending on the shifts and hours, providing housing opportunities and transportation options to and from work will increase accessibility
The Big Takeaways
- There is a growing number of employees looking to take on a primary or even secondary job this holiday season to supplement their income, pays bills, and support their families in light of inflation.
- Make it even easier for potential candidates to consider a position with your company by clearly detailing the pay rate, the types of shifts you have open, job location, flexibility in scheduling, and benefits like Earned Wage Access in your job postings.
- Take advantage of your social media platforms by posting about open positions and encouraging current team members to refer people they know. You can also incorporate a referral bonus for your employees.
- Prioritize pay and scheduling flexibility. By offering on-demand pay flexible work hours and shifts, you’ll show your candidates that you’re committed to supporting them on the job from day 1.
Sources:
1 https://hrexecutive.com/seasonal-hiring-is-different-in-2022-how-talent-leaders-can-make-the-most-of-it/
2 Holiday Hiring Report 2022: What To Expect and How To Be Successful
2022 promises to be a spectacular comeback and opportunity in a post-pandemic world. Retailers and hospitality business owners have a chance to hire top talent and create unforgettable customer experiences to welcome in the new year.
If you have any questions on how to create irresistible employment opportunities for seasonal workers this year and beyond, you can schedule a call below.
Get Payactiv for your business
Learn how thousands of companies have improved their retention, recruitment, and engagement by offering Payactiv.
Request a Demo
© 2024 Payactiv, Inc. All Rights Reserved
24 hour support: 1 (877) 937-6966 | [email protected]
* The Payactiv Visa Prepaid Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at payactiv.com/card411. If you have questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at 1-877-747-5862, 24 hours a day, 7 days a week.
** Central Bank of Kansas City is the issuer of the Payactiv Visa Prepaid Card only and does not administer, endorse, nor is liable for the Payactiv App.
1 Standard rates for data and messaging may apply from your wireless provider.
Google Play and the Google Play logo are trademarks of Google LLC.
Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.