Venture Holdings Group – GEasy Labour News http://news.geasyhr.com Human Resource Information from GEasy Tue, 11 Jan 2022 17:21:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/news.geasyhr.com/wp-content/uploads/2021/08/cropped-GEasy-Logo.png?fit=32%2C32 Venture Holdings Group – GEasy Labour News http://news.geasyhr.com 32 32 156805379 Staffing Agencies Prepared for Record Employment Turnovers in 2022 http://news.geasyhr.com/staffing-agencies-prepared-for-record-employment-turnovers-in-2022/?utm_source=rss&utm_medium=rss&utm_campaign=staffing-agencies-prepared-for-record-employment-turnovers-in-2022 Tue, 11 Jan 2022 17:01:28 +0000 http://news.geasyhr.com/?p=73 CNBC has reported that employment turnover reached 4.5 million workers in November, after these workers quit their jobs. The latest report from the US Labor Department says that November’s figure (which is 3% of the workforce) matches the previous month’s record. Now staffing agencies are in higher demand across the United States as employers push to get work done.

Some experts say that people were simply preparing to take new jobs in January this year, and that some are still anxious about Covid-19. Whatever is the cause, more business owners will be better off relying on staffing agencies like Globally Easy Human Resources (GEasyHR) to keep up with these high turnover numbers.

According to CNBC’s Jennifer Lui, “Quits increased the most in several lower-wage sectors, including accommodation and food services; health care and social assistance; and transportation, warehousing and utilities”. It has been increasingly challenging for some businesses to attract and retain these low-income workers in an atmosphere of high labor demand.

Employees could continue to have the upper-hand if the job market keeps tightening in 2022, even as face tough choices before they staff up this year, since the Omicron variant of Covid-19 is more contagious than any before it. This double whammy makes long term investments in human resources unwise for many business owners and some staffing agencies are prepared to help employers ride through this phase of uncertainty.

GEasyHR predicted the current high turnover rates since the “The Great Resignation” of 2021.

It is important to note that job openings remain historically high across the USA since hiring outpaced quitting by 2.2 million in November. Workers are taking advantage of the tight job market by taking new jobs with increased earnings, working conditions and possibilities to work remotely during the pandemic.

Experts at the Venture Holdings Group, the owners of GEasyHR say they predicted the current high turnover rates after the U.S. economy saw record turnover during what is being called “The Great Resignation” of 2021.

According to Venture’s Chairman, Dr. Ramone A. Williamson, “employers are in a war for talent in 2022, and attracting new workers in an environment of high turn offers will require access to pools of workers that only staffing agencies like GEasyHR have”.

Dr. Ramone a. williamson

Dr. Williamson says that business managers who choose to completely manage their own hiring will be forced to lower their requirements, pay more and commit time and training into getting new workers up to speed.

“Since the Great Resignation staffing agencies have become the most cost effective way for employers to maintain good human resources and get their work done”, the GEasyHR boss said.

Dr. R. A. Williamson

With about 65 job seekers for every 100 job openings, the market is even tighter for hirers now than in February 2020 before the pandemic, when just over 80 unemployed workers existed for every 100 job openings. The result is that very few freelance workers exist to satisfy the vacancies today, making staffing agencies a must have insurance against labor shortages and for a certain supply of reliable and consistent workers.

Some agencies are ready for increasing demands from clients, and have made it easy to begin a labor supply relationship. This year businesses will be at a significant disadvantage if they are without a reliable source for experienced and qualified workers. Staffing agencies like GEasyHR are already prepared to take clients through periods of high turnover and have become lifelines for employers.

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