By The Numbers


Managers Play It Smart in Tight Labor Market

It’s harder than ever to find and retain good employees, so managers have been
using every resource at their disposal to maintain the quality and strength of their
workforce. Two surveys indicated managers relied more and more on recruiting firms,
executive assistants and counteroffers to meet their skill and head-count needs.

More than two-thirds of the 150 executives surveyed from the nation’s largest 1,000 companies said they got their best results using staffing companies to find qualified candidates. Preferred Method of Finding Qualified Candidates

Note: Executives were allowed multiple responses.

The overwhelming majority of the executives (91%) said their assistants’ opinions played an important part in their hiring decisions, up from 60% five years ago. Importance of Executive Assistant’s Opinion

In a survey of 1,400 CFOs, most said they probably would use counteroffers to retain good employees who have been offered jobs elsewhere. Likelihood of a Counteroffer

Source: Robert Half International Inc. and OfficeTeam, Menlo Park, California.

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SPONSORED REPORT

2022 Payroll Update

Employees working remotely have created numerous issues for employers. The 2022 Payroll Update report provides insight on remote workforce tax issues, pandemic payroll issues and employer credits, and worker classification issues in the gig economy.