While many of us were voting on November 8th, the US Labor Department released its monthly workforce statistics. Of note, the number of workers quitting jobs hit a 15-year high, and there were only 1.4 unemployed workers per job opening (a 2 to 1 ratio is "healthy").
Over the past few months, I've spoken at six conferences on workplace branding and how to effectively compete for talent in an increasingly tight labor market - both retaining good employees and attracting good talent. In each case we surveyed the audiences (private equity leaders, C-level business leaders, professional service associations and staffing services businesses) to get their anonymous feedback on how their organization is positioned with talent.
Key findings include:
As you prepare for 2017, think about how competitive your organization is with talent, and how employees and candidates see the value proposition of working for your organization.
It's an ongoing journey, but in the end make sure the talent you need votes to come - and to stay.