Robert Half’s latest State of U.S. Hiring Survey indicates that hiring will remain robust for the rest of 2024. With over half of companies planning to add new permanent roles, organizations are navigating significant hiring challenges while adopting new strategies to attract and retain skilled talent.
- Hiring Plans for H2 2024
- New Positions: 52% of companies plan to create new permanent roles
- Vacated Positions: 43% intend to fill existing vacancies
- Contract Professionals: 57% plan to increase contract staffing, though this is down 10 percentage points from H1 2024
- Key Hiring Challenges
- Skills Shortage: 48% struggle with a lack of qualified applicants
- Speed of Hiring: 48% find it difficult to hire quickly enough to secure top talent
- Salary Expectations: 48% face challenges in meeting candidates’ salary demands
- Flexibility: 62% of managers are willing to adjust experience requirements if candidates have the necessary skills
- Strategies to Attract Talent
- Hybrid Jobs: 41% offer roles that blend remote and in-office work
- Windowed Work: 41% allow flexible working hours outside traditional business times
- Higher Salaries: 38% are increasing starting salaries to attract candidates
- Retention Focus
- Retention Strategies: Emphasis on keeping current employees as skilled talent remains in high demand
- Strategic Hiring Plans: Importance of having a strategic and flexible hiring approach to maintain competitive edge
- Expert Insight
- Dawn Fay’s Perspective: “Employers need to remain adaptable and have a strategic hiring plan to secure top talent while balancing the needs of their current workforce.”
As companies navigate the second half of 2024, they are actively addressing hiring challenges and implementing strategies to attract skilled talent. With ongoing efforts to adapt to the evolving job market, employers must balance recruitment with effective retention strategies to ensure sustained success.
