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January 2023 Client Newsletter

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January 2023 Client Newsletter

Welcome

Let’s start 2023 with a couple thank-you’s from what happened in 2022:

  • Thank you for trusting ESS to find your talent. As a result, we helped a record number of companies hire the best talent
  • Thank you for seeking our input and guidance to improve your hiring processes.

 

Last week the unemployment rate dropped to 3.5%. What this means to us is the challenge to find talent is not going away anytime soon. We have already heard from several companies trying to get ahead of the pack by starting searches last week. The difficulty in finding people the last couple years looks like its likely extending into 2023 and beyond.

One of our strengths at ESS is reacting and staying ahead of the curve on trends and events impacting our recruiting efforts. As a company, we look forward to helping more companies level up their department and companies.

Happy new year and please let us know what we can do to help you!

Visit us on the web at www.ess123.com. We welcome your feedback!

Recent completed searches:

  • Director of Configuration
  • Regional VP of Sales
  • Market President
  • Director of Case Management
  • Medical Director
  • Behavioral Health Medical Director
  • VP Provider Engagement
  • Data Engineer

 

If you need people with these types of skill sets, please let me know. If you have questions about any of the above processes, please call or email and I will be happy to provide details.

Ask the Recruiter: “What changes do you see in the hiring process in 2023?”

Each year there are new changes to the hiring process. For example, in 2021 video interviews became commonplace. In 2022, hybrid roles became more common and accepted by both candidates and employers. Below are two changes we believe may happen this year:

  1. More counteroffers – Is this possible? Yes, is the answer and employers will stay in touch with people who leave hoping the honeymoon period ends early and they can bring them back. Companies prefer the talent they know over the unknown talent they may find.
  2. Compensation problems – We know we will write about this several times this year. As more states continue to disallow any discussion of compensation, compensation for new employees will have the largest increase we have ever seen. This will impact internal equity within departments which will then impact company’s financials. Long term, this will hurt some companies as they will not be able to afford hiring people.

 

We monitor trends all the time because we work with some many different companies within the healthcare niche. As a result, we have best practices that we see work well. If you would like to discuss those and learn how to implement some of these best strategies, please let me know.

If you need help or other ideas about this, please call or email.

 

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