The current sansdemic means companies are broadly battling skill gaps. In years past, missing capabilities were addressed by hiring candidates with the needed abilities or knowledge. Today that isn’t a reliable solution, as a labor shortage means many skills are increasingly hard to secure. As a result, employers need to explore alternative solutions. Often, the… Read more »
Management
Workforce Planning in the Sansdemic: How to Prepare for the Generational Shortfall
Today, companies are facing unprecedented workforce challenges related to the sansdemic, and they aren’t likely to resolve in the near future. Baby Boomers are continuing to retire, and the number of incoming workers from younger generations isn’t able to fully replace them. Birth rates also remain on the decline, meaning the situation won’t automatically resolve… Read more »
Why Are Labor Participation Rates Shrinking?
For several decades, labor force participation has been shrinking. While one reason is that many Baby Boomers are retiring, reducing the number of participants, that isn’t the only factor in play. Instead, some surprising groups aren’t reaching participation rates that were once present in decades past. Additionally, alternatives to traditional employment paradigms are a factor…. Read more »
Soft Skills to Look for In Employees to Help Overcome the Sansdemic
Today, companies are facing a challenging situation, particularly when it comes to the sansdemic. Essentially, there aren’t enough members of the labor force to go around, leading to ongoing hiring difficulties that will remain part of the equation for the foreseeable future. Fortunately, overcoming the issues created by the sansdemic is possible. By focusing on… Read more »
Importance of a Talent Pipeline in the Sansdemic
Today’s employers are facing mounting challenges when it comes to cultivating a capable workforce. One key factor is the sansdemic, a situation where the labor force isn’t large enough to meet overall demand. While labor force fluctuations aren’t uncommon, the current state isn’t likely to improve. Instead, more Baby Boomer retirements, lower birth rates, and… Read more »
PrideStaff Bend Wins President’s Circle Award
To celebrate top performers’ sales achievements and adaptability during a year of constant change and critical labor shortages, PrideStaff, a nationally franchised staffing organization, is pleased to announce that PrideStaff Bend was named a President’s Circle Award Bronze winner for being a top producer in revenue and profits in 2022. Matt & Ashley Ertle and the entire Bend… Read more »
Why Fewer Men Aged 25-55 Are In Labor Force
Hiring continues to get more difficult. A long-term trend — known as the sansdemic — has seen the labor market get tighter in recent years, a shift that promises to continue into the foreseeable future. This will significantly change the way you think about your team-building process, making hiring and retention more difficult. Among the… Read more »
Are Lower Birth Rates Playing a Role in Today’s Workforce?
There are massive changes taking place in the labor market — ones that will have a dramatic impact on how you operate your business. The economy is running into a condition known as the “sansdemic,” a general lack of workers that will make hiring and retention more difficult over time. But what’s causing this shift?… Read more »
The Importance of Automation in Today’s Sansdemic
The job market is likely going to tighten over time. A long-term trend known as the sansdemic — a demographic shift that will lead to a broad lack of workers — is set to put pressure on your ability to find the talent you need to fill your open positions. How can you overcome this… Read more »
Why It’s Better to Invest In Your Current Workforce Over Outside Talent
The labor market is in the middle of a seismic shift. A lack of qualified workers has complicated the hiring process. This, in turn, has put increased pressure on retention. In the new economy, you’ll see increasing value from investing in your current workforce rather than seeking outside talent. The main driver behind this strategy… Read more »