A recovering and expanding economy over the last decade has made the job market generally favorable for job seekers, and more challenging for employers of all types that are trying to find qualified candidates.
Employers also face a significant generational issue – baby boomers are retiring and millennials are now the largest generation in the workforce. Younger generations, however, may have different expectations and demands from an employer, and may be more likely to change jobs frequently in a search for challenging roles and better work/life integration.
An employer’s techniques for searching, sourcing, and understanding the potential labor market may be outdated, which can limit an organization’s ability to fill open positions or expand.
For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.
70 percent of respondents answered “finding qualified candidates and retaining employees" to a poll question during the webinar, The talent problem: finding qualified candidates on Oct. 29, 2019.