A recent study shows that 69% of global companies report a talent crunch and difficulty in hiring the right talent.
The baby-boomer generation is retiring and moving out of the active workforce rapidly. It will leave behind a huge gap in the skilled labor supply. Moreover, most millennials are yet not ready to take on these roles due to their lack of experience with many skill sets needed to fill the skill gap. This issue has been largely overlooked by employers who need help filling open positions quickly before they disappear forever!
Do you want to fill the skill gap in your team? Or are you willing to win over the talent crunch situation in your organization?
Hiring for a specific area or geography can be challenging because the talent pool is limited. You might end up with someone who isn't really qualified, even if they are the best amongst all the applicants!
The candidate is bombarded with offers and it's tough to pick just one company. The recruiter needs a witty way of getting them hooked on your offer so they decide & agree on not only what position but also how much money you offer them!
There's a shortage of qualified candidates which means it'll take longer for you to find someone, and that can really hurt routine operations & other business responsibilities.
The problem with hiring fresh talent is that there are too few qualified people out of college who can fill your positions. They know their worth already and become demanding. Overall also, the younger workforce has many expectations from their workplace.
Office lease rent payments can be an enormous cost, especially during economic downturns. There are also other overhead costs that add to the expenses such as workers’ compensation insurance, furniture, cleaners, and office supplies.
Hiring remote employees gives you a chance to hire more talented individuals even if they’re from the other side of the globe. Meanwhile, office employees are limited to the talent you can source within the local area where the office is located or you have to bear the relocation expenses.
While you’re getting a huge benefit and savings in remote working, the same goes for your employees. They save on gas, car maintenance, and other traveling costs.
Employees have a higher quality of life by cutting out the long commutes to and from work. That is why 14% of Americans actually moved just to live closer to their jobs. However, it’s not always the best decision as there are many factors to consider, such as higher rent costs the closer they are to a larger city.
Having the ability to work from home increases employee retention. The ability to avoid the commute is a big selling point to many current and potential employees.
According to some recent studies working from home can increase productivity by up to 50%
When you choose ValueCoders as a remote software development skills & technology partner, you get amazing benefits:
There are many options available for hiring your IT talent. Some of these options are hiring an in-house talent, working with freelancers, or get offshore experts with us. Let’s do a comparative analysis of these options:
Get custom solutions, recommendations, estimates, confidentiality & same day response guaranteed!
One of our account managers will contact you shortly.
