Is Your Business Prepared?
If you're tuned into the South Jersey employment marketplace, the article below will not come as a surprise to you. Over the last five years, a number of Fortune 500 companies have expanded into South Jersey creating new employment opportunities, with more companies looking to expand as well in the future.
This April, NJBIZ.com published an article announcing that Amazon plans to open three more facilities in New Jersey at the Carteret Center that would create 2,500 jobs. The new Amazon fulfillment centers will be located in the townships of Logan, Edison, and Cranbury in South Jersey. That means Logan will now have not one, but two facilities.
This rapid growth in South Jersey has put a strain on companies recruiting new employees and retaining their top talent. The economy is moving very quickly from the employer-driven marketplace of the last decade to the new employee-driven marketplace. Like a consumer selecting the best car for their family, good candidates are weighing all the options available to them in their local employment marketplace.
With the changing job market, you need to be able to answer the question, "why would a candidate want to work for you?" If you're having trouble, your recruitment and retention team should develop a compelling answer as to why your company stands out as a great place to work.
Good employees have more options, and you need to understand what differentiates you as an employer. Five of the most common considerations employees make when taking a job opportunity include:
- Competitive wages
- Good work environment
- Excellent benefits
- Flexible work schedule
- Experience and training
Use the employee considerations above to fine tune your recruiting and retention strategies. In this competitive employment marketplace, it is also imperative that you act fast! Qualified candidates are in huge demand, and it's possible that if you take too much time making hiring decisions, your top candidates could accept another job offer if you don't respond quickly.
It's no secret that the South Jersey employment landscape is changing. Being prepared and making timely decisions is essential to keeping ahead of the competition. If you're ready to make a move, J & J Staffing Resources can help you find the talent need to keep your company growing.