Recruit Earlier and Pay More this Holiday Season

Recruit Earlier and Pay More this Holiday Season

By: Multi-Unit Franchisee | 4,012 Reads | 1 Shares

Recruit Earlier and Pay More this Holiday Season

%3Cp%3EHourly+workers+will+likely+get+an+early+gift+this+holiday+season%2C+according+to+a+new+hiring+survey+by+Snag.+The+%3Ca+href%3D%22https%3A%2F%2Fbit.ly%2F2NE8ezD%22+target%3D%22_blank%22+rel%3D%22noopener%22%3E2018+Annual+Holiday+Hiring+Survey%3C%2Fa%3E+released+last+week+says+employers+at+restaurants+and+other+retail+locations+can+expect+to+pay+higher+wages+this+year+to+attract+seasonal+workers+during+the+holidays.%3C%2Fp%3E%0D%0A%3Cp%3EThe+nationwide+survey+of+hourly+employers+found+the+average+hourly+wage+for+seasonal+workers+is+expected+to+jump+nearly+32%25%2C+from+%2411.70+in+2017+to+%2415.40+this+year.+Retail+is+leading+the+way+in+expected+seasonal+wage+growth%2C+jumping+by+as+much+as+54%25%2C+with+hospitality+companies+forecasting+increases+of+51%25%2C+and+restaurant+wages+rising+around+33%25.+In+addition+to+paying+more%2C+employers+will+begin+recruiting+earlier+than+usual+in+order+to+attract+talent+in+the+tightest+labor+market+in+nearly+two+decades.%3C%2Fp%3E%0D%0A%3Cp%3EWith+more+employers+saying+they%26rsquo%3Bll+need+extra+workers+this+year+%2884%25+versus+77%25+in+2017%29%2C+the+competition+for+skilled+hourly+employees+is+expected+to+be+fierce%2C+and+86%25+of+employers+say+they+will+struggle+to+fill+temporary+seasonal+positions.+To+attract+workers%2C+a+majority+of+employers+%2877%25%29+say+they%26rsquo%3Bll+be+offering+perks+and+benefits+including+paid+time+off%2C+training+opportunities%2C+childcare%2C+tuition+stipends%2C+health+insurance%2C+and+even+transportation+reimbursement.%3C%2Fp%3E%0D%0A%3Cp%3EOther+findings+from+the+report%3A%3C%2Fp%3E%0D%0A%3Cul%3E%0D%0A%3Cli%3EThe+number+of+companies+that+began+recruiting+in+August+or+earlier+more+than+doubled+compared+with+last+year.%3C%2Fli%3E%0D%0A%3Cli%3EIn+the+restaurant+industry%2C+the+hottest+hourly+positions+this+holiday+season+will+be+servers%2C+dishwashers%2C+and+cashiers.%3C%2Fli%3E%0D%0A%3Cli%3EManaging+employee+schedules+during+the+holiday+period+is+expected+to+be+one+of+the+biggest+challenges+according+to+54%25+of+employers.%3C%2Fli%3E%0D%0A%3Cli%3EThe+lack+of+qualified+workers+and+competition+from+other+employers+are+the+major+challenges+employers+are+facing+as+they+seek+to+fill+jobs.%3C%2Fli%3E%0D%0A%3Cli%3EMore+than+a+third+%2837%25%29+of+employers+expect+to+rehire+between+1+and+5+employees+from+the+2017+holiday+season.%3C%2Fli%3E%0D%0A%3Cli%3EA+majority+of+employers+%2862%25%29+have+increased+their+use+of+social+media+to+recruit+hourly+workers+this+year.%3C%2Fli%3E%0D%0A%3C%2Ful%3E%0D%0A%3Cp%3EData+for+the+11th+annual+Snag+Holiday+Hiring+Report+was+conducted+by+Wakefield+Research%2C+which+surveyed+1%2C000+employers+with+hiring+responsibilities%2C+specifically+targeting+the+nation%26rsquo%3Bs+retail%2C+restaurant+and+hospitality+industries.%3C%2Fp%3E
Published: October 3rd, 2018

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