August 28, 2014 // Franchising.com // PrideStaff has released the results of its 2014 Workforce Hiring Projections Survey, designed to gauge workforce and hiring trends across the U.S. Conducted in May, the online survey was completed by nearly 1,000 individuals, representing a wide range of industries and company sizes.
Overall, the results show that business growth and increased demand are the key drivers of hiring. Throughout 2013 and into 2014, unemployment rates continued to creep lower, creating hiring challenges that threaten continued business growth. Specifically, respondents cited "shortage of qualified talent" (56.2%), "budget/payroll constraints" (32.5%), "lack of time to hire" (8.4%), and "the cost of hiring" (2.9%) as the biggest hiring challenges they face.
The survey also indicates that shortages of skilled workers and general labor, increased time-to-hire, and a renewed focus on retaining existing talent are also key workforce issues for U.S. employers. With skills shortages making hiring more challenging, nearly 50% of employers plan to turn to temporary and contract staff to help fill their needs.
"To thrive in today's economic and employment conditions, businesses must staff their organizations more strategically – especially if they plan to hire skilled and general labor," says Tammi Heaton, COO of PrideStaff. "By providing flexible access to qualified talent quickly, cost-effectively and with less disruption, staffing and recruiting firms like PrideStaff can solve real business problems for employers, becoming true partners in their businesses."
For comprehensive survey results and a detailed analysis, download the full 2014 Workforce Hiring Projections Survey.
PrideStaff was founded in the 1970s as 100 percent company-owned units and began staffing franchising in 1995. They operate over 60 offices in North America to serve over 4,000 clients. With over 40 years in the staffing business, headquartered in Fresno, CA, PrideStaff offers the resources and expertise of a national firm with the spirit, dedication and personal service of smaller, entrepreneurial firms. For more information on our services or for franchise information, visit www.pridestaff.com.
PrideStaff's Mission: Consistently provide client experiences focused on what they value most.