94% employers cited difficulty in recruiting in 2021 in a recent survey conducted by Fisher Phillips. The study also suggests that there may be a ‘she-cession’ to look at in the future with the women workforce reducing by the day due to family-care responsibilities.
Solutions include a change in work culture, better practices, and more women empowerment. Some emphasized pointers of the study include:
- The labor crisis is far-reaching with the following industries facing the most difficulty in recruiting:
Hospitality 98%
Manufacturing 93%
Healthcare 92%
Retail 91%
Finance & Insurance 91%
Automotive 87%
Construction 84% - More women have left employment in comparison to men in the following industries:
53% Healthcare
36% Hospitality
36% Finance & Insurance
34% Retail - Unemployment Benefits and Pay was voiced as the main concern for the labor crisis by employers, as they believed employees left for the following reasons:
60% departing for higher pay jobs
58% unemployment benefits earn more than actual working
36% burnout
35% family care
30% increased remote wor - Employers are going above and beyond to retain employees:
75% boosted pay
38% expanding to creative hiring practices
36% offering additional perks
35% increased workplace flexibility
30% increased remote work
We will expand upon these each individually next week, so stay tuned to our Premier BPO Trends page.