Problem Filling Job Vacancies? This is Why.

pexels
Even in the current politically charged climate, unemployment remains low. Since the recession, job seekers have been landing positions as quickly as employers have been creating them. In fact, according to the Bureau of Labor Statistics, as of May 2017, the unemployment rate stands at 4.7 percent. However, that also means there are, literally, millions of people in the US still looking for jobs.
So why is it still so difficult to find qualified applicants for your job vacancies? According to employment experts, the problem might be with your own hiring practices.
Collecting feedback from more than 2.5 million managers in 195 countries, a 2016 Gallup State of the American Manager study found sales increase by 20 percent when motivated employees are hired.
However, in a 2016-2017 Manpower Group Talent Shortage Survey, 19 percent of employers surveyed said applicants lack the skills and experience to excel. Of the more than 42,000 employers surveyed, a staggering 40 percent said they’ve experienced increased difficulty in filling roles in recent years.
Read on to discover why your job vacancies are going unfilled. Here’s how you can adjust job descriptions and hiring tactics to attract and place qualified applicants: