It is indeed a challenging situation. To address the issue, small businesses need to consider whether they can increase wages to compete with larger employers. If that isn’t a viable option, they might need to focus more on non-monetary benefits, such as flexible hours, a positive work environment, and possible career progression opportunities. On the other hand, they could also implement strategies for employee retention, like providing professional development and growth opportunities, or recognition for good work. Furthermore, small businesses might benefit from the use of recruitment strategies that highlight the unique benefits of working for a smaller company, such as a close-knit team or a more varied role. Would you like more advice on this?
Small businesses are still hungry to hire, but many workers eye better pay elsewhere
It is indeed a challenging situation. To address the issue, small businesses need to consider whether they can increase wages to compete with larger employers. If that isn’t a viable option, they might need to focus more on non-monetary benefits, such as flexible hours, a positive work environment, and possible career progression opportunities. On the other hand, they could also implement strategies for employee retention, like providing professional development and growth opportunities, or recognition for good work. Furthermore, small businesses might benefit from the use of recruitment strategies that highlight the unique benefits of working for a smaller company, such as a close-knit team or a more varied role. Would you like more advice on this?
