It seems everyone these days is hiring, and small business owners have the added difficulty of competing with large ones for workers in a tight labor market. As of spring 2021, 91% of such entrepreneurs said there were few to no qualified applicants for their vacant positions. To find staffing solutions, it helps to understand the reasons for the labor shortage and stand out as the small business who can address related pain points.
Work/life balance is complicated for many right now. Some of the biggest reasons workers are reluctant to take jobs include:
In general, it helps to empathize with prospective worker concerns and demonstrate that you value your employees. Consider trying any of the following:
If you’re looking for more hiring strategies or simply want to make your business more capable, you may want to consider getting help from a business coach.
Enrolling in a business accelerator program and working one-on-one with a business coach is an excellent way to get guidance on coping with the labor shortage and helping your business thrive in difficult times. If you’re a growth-minded small business in the Northwest Chicagoland area, consider applying for admission to an accelerator program with Next Level Northwest.
Next Level Northwest is a business acceleration public-private partnership serving the Northwest Chicagoland region. We support regional and local businesses through collaborative and innovative initiatives to help grow the economy. Download our Program Overview PDF here.
Ready to take your business success to the next level and become a Next Level Northwest graduate? Download and prepare your application following this process today!