Few elements are as important to the U.S.'s many businesses than strong job growth. Without skilled labor and an influx of talent, it can become challenging for companies to profit, from the largest corporation down to the smallest startup.
Thankfully, there is good news to be had. A recent CareerBuilder survey found that continued job growth is expected for the remainder of 2014, providing ample opportunities for organizations to bolster their workforce and reinforce their business banking strategies. In order for that to happen, however, it may be best to reassess hiring practices to ensure that the best candidates are being evaluated.
Positive outlook for rest of 2014
According to the CareerBuilder Midyear Job Forecast, the second half of this year should be at least as strong, if not better than the first, when it comes to hiring. For employers, this can be very good news.
For instance, 47 percent of all companies want to bring in full-time staff members in 2014, a 3 percent increase from the same time last year, CareerBuilder explained. Part-time hiring is the goal of 27 percent of employers, while 33 percent want to focus on temporary or contract workers. All are moderate increases on a yearly basis.
"The 2014 midyear forecast shows employers are expecting forward movement in all categories of hiring," said Matt Ferguson, CEO of CareerBuilder. "Jobs will also be added in a variety of areas, heavily favoring job seekers with expertise in technology, financial operations, communications and other specialized fields."
In addition, CareerBuilder noted that small business hiring specifically is expected to improve moderately for the remainder of 2014.
Always find time to hire
As more companies decide to hire, small businesses should take a look at how they search for new workers. In many cases, there is room for improvement that can have a positive impact on the bottom line.
According to The Washington Post, hiring should always be a goal. Small businesses must put a significant amount of time into the process in order to track down the right people. This is needed because they may lack a human resources department. If a job posting is out there, take a few minutes each week to check out resumes and follow up with potential candidates. This constant focus can cast a wide net, so only the best talent ends up working for the company.