Colorado Employment Stats You Should Know Before You Hiring An Employee

When it comes to attracting and keeping quality talent, most employers understand the importance of knowing what the employee truly wants. Motivation usually goes beyond the rate of pay, and yet that is typically what we use to attract employees. When recruiting prospective job seekers, it might be helpful to know some stats on the subject, compiled by Glassdoor.

1. Have an Employee Engagement Plan in Place

Research shows that employee engagement is crucial to business success.
“Companies with employee engagement programs achieve 26 percent greater year-over-year increase in annual company revenue, compared those who do not have formal programs”
Source: Aberdeen, page 4, October 2015.

Both Colorado employment retention and recruitment can be positivity impacted by simply having an employee engagement plan in place. Want some ideas to create engagement? Offer a health and wellness program, celebrate goal achievements, or have a bigger purpose such as participating in a community giveback project on a regular basis.

2. Know Who You Are Hiring

Many employees, especially millennials, will leave their jobs after two years if they don’t see an opportunity for growth. By being clear in the career path available and how to move through it, management can retain employees who want a clear path to controlling their destiny.

“64 percent of millennials would rather make $40,000 a year at a job they love, than $100,000 a year at a job they think is boring.”
Source: The Columbus Dispatch, Study Conducted by the Intelligence Group, 2014.

Also understanding potential employees’ motivations and desires, such as whether they want benefits, work from home opportunities, or the ability to check social media, can also add value to the employee with little to no additional cost to the employer. The ease of commute and a support company culture will also play into employee retention and attraction. Colorado employment offerings that can truly demonstrate and communicate that they listen to and support employees will be more successful than those that don’t.

3. Establish a Good Reputation

According to a January 2016 Glassdoor US Site Survey, job seekers research the following on employers when looking for work:

  1. Compensation package details
  2. Benefits package details
  3. Generalized company information
  4. Details that make the employer attractive to work for
  5. Company’s mission statement and values

“69 percent would not take a job with a company that had a bad reputation, even if they were unemployed!”
Source: Corporate Responsibility Magazine/Allegis Group Services Study, August 2012.

It is important that details, not just about the open position, but also on the company and its position in the marketplace, show in the listings. These are important to job seekers looking for Colorado employment opportunities.

About Colorado Network Solutions

If you are in search of brilliant employees, let Colorado Network Staffing (CNS) help you find your next Einstein. CNS is a leader in staffing, staff augmentation, and contract management by acting as a sole human resource provider for our clients. Don’t waste your time, energy, and money on a bad hire. CNS has the experience, resources, and top-level management expertise to accomplish the tasks required on any size project. Contact us at 303-430-1441, and we’ll find you the best and brightest team members.

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