Infinium HR Blog

Talent Hunting in Todays Wild Job Market

Navigating Talent Acquisition Challenges: Adapting Your Strategy

Mike Hayden

Let's talk shop about the wild world of running a small business, especially when it comes to snagging and keeping the best people on your team. With California's new $20 minimum wage for fast food workers kicking in, everyone's stepping up their game for skilled labor. It's like a gold rush for good employees, pushing everyone to boost wages and sweeten the deal for prospective hires.

Flex Those Benefits

First up, benefits. Big companies might throw around fancy packages like they're confetti, but small businesses? We get crafty. Tailor-made benefits that actually matter to your crew can make all the difference. Think health insurance that doesn't make them groan, retirement plans that actually make sense, and maybe some trendy perks like flex hours or the option to work remotely. These days, that's the kind of stuff that can catch an eye in the job market.

Grow Your Own Stars

Then there's career development. People want to see a future that's brighter than their present. Setting up clear career paths within your company is a solid draw. This could mean workshops, extra training sessions, or maybe a little support for further education. It's about helping your team level up while they're with you, which keeps them happy and sticking around longer.

Show Off Your Cool Side

Ever heard of employer branding? It’s a big deal. It’s all about how your biz comes off to potential hires. You gotta sell your company culture, your mission—why you're the place to be. Rock your social media, shine on job review sites, and maybe show up at a few community shindigs. Get your name out there as a killer place to work.

Dealing with Those New Rules

California’s wage bump is just the tip of the iceberg. This sort of change shakes things up but also levels the playing field a bit. It means rethinking how you bring value to your employees without blowing your budget. Think efficiencies, maybe a bit of automation—streamline things so you can afford to keep your team happy without breaking the bank.

Finding Hidden Gems

And let's not forget just finding the right people in this crazy market. Sometimes you need to think outside the box. Maybe give a chance to someone who's switching careers or needs a bit of training. Or hook up with local colleges for internships to scoop up fresh talent.

Wrapping It Up

Bottom line? It’s tough out there. But with some smart moves around benefits, career paths, and your rep, you can not only tackle this challenge but also turn it into your playground. It's about being the small business that could, thriving amidst the giants and making the best of the new rules and the fierce competition.

Infinium HR has effective ideas to help you hire and retain the best. Please reach out to the HR pros on our team and we'll get you heading in the right direction.

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About The Author

Mike Hayden is CEO and Chief HR Strategist of Inginium HR. With 30 years in the HR industry serving small business exclusively, he is uniquely equipped to provide the information small businesses need to survive and thrive as an employer.

Mike leads a team of payroll, HR and recruiting professionals focused intently on making it easy to be a small business employer.