Many businesses have waited so long for the American economy to recover, and now is their time to begin growth strategies that they have been patiently holding in their proverbial back-pocket. Bringing on new staff members is a priority for many firms that are ready to make the jump to another level of success. In fact, new research from professional recruitment consultancy Michael Page showed nine out of 10 companies are planning to actively seek out new employees in the upcoming year, showing businesses have conducted financial forecasting and are confident they can add staff that will make the workforce more productive.

"It's not easy to find good people and it can be equally tricky to retain them," said Richard Vickers, regional managing director of Michael Page North America. "Thankfully, human resources leaders now have a range of recruitment channels available and aren't shy about using them."

Business need help with talent acquisition
Many businesses feel it is tough to come across employees who have the skills that make them an asset in the workforce, and the survey revealed those concerns are very real. Half of respondents said finding the right prospects is "difficult" or "very difficult," but this isn't discouraging companies from looking. Ninety-six percent of survey participants said they are posting their open positions on job sites and 88 percent are using their web pages to try to bring in new employees. While it may be tough to find solid leads to jobs, businesses are still trying and that is a good sign.

"Despite the economic recovery being slower than most would have like in the region, a large majority of North American businesses are still planning to recruit, signaling an increase in optimism," said Vickers. "It means that acquiring the best talent in all areas is more important than ever."

Don't let employees slip away
The Michael Page research outlined just how difficult it is to come across quality employees, and businesses simply can't let them leave when they think they have found a winner. A recent article for Inc. magazine discussed how employee turnover should scare business owners, and how they should work hard to not let their top talent leave without a fight. Here are reasons why firm owners should try to hold onto their best performers.

  • Disgruntled staff are less effective: Businesses need to work hard to hold on to their top talent by continuously showing them that they are valued members of the firm. Failing to recognize strong employees can lead them to become disengaged in the workplace.
  • Networking is often the only strong recruiting tool: Many company owners become annoyed and bored at networking events, and if they work on their employee retention, they won't have to take part in these bothersome affairs.
  • America is facing a talent shortage: Experts and business professionals believe there is real value to the fact that there is a lack of employees who have the skills employers covet. It's a better strategy to treat employees well and cater to their major needs so the firm won't have to go hunting in the job talent pool.

Losing a few employees can be tough for a firm, but sometimes certain staff members have to move on, and that isn't necessarily a bad thing for today's businesses. The important thing to remember is that companies must hang on to staff who are a real asset to the organizations.