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Are You Equipped to Win the Battle for Top Professional Services Talent?
The most successful HR leaders recruit and retain great employees by using a mix of technology, training, and creativity.*
*Based on responses to the 2018 Paychex Pulse of HR Survey, conducted April 13–21, 2018 among 300 HR decision-makers at U.S. companies with 50 to 500 employees. The terms “most successful” and “top performing” apply to organizations who anticipated revenue growth of 10 percent or more in 2018 over 2017.
The most successful HR leaders recruit and retain great employees by using a mix of technology, training, and creativity.*
How do your hiring and retention practices rate? Take our quick assessment to learn what works and where you can improve.
Question 7/9
Do managers at your company evaluate employee performance on an ongoing basis
(i.e., rather than once a year)?
A YES
B NO
Question 8/9
Does your company offer options to help employees with work-life balance, such as telecommuting, child care, and an onsite gym?
A YES
B NO
Question 2/9
A YES
B NO
Do you use software or other technology to streamline applicant tracking and recruiting and speed up
time-to-hire?
Question 3/9
Is offering competitive benefits a key focus at your company?
A YES
B NO
Question 4/9
Do you measure employee engagement regularly via surveys or other feedback tools to ensure it remains high?
A YES
B NO
Question 5/9
Is building and promoting a strong company culture a priority for your organization?
A YES
B NO
Question 9/9
Do you lean heavily on technology to complete tasks efficiently and free up time to take on a more strategic role in your organization?
A YES
B NO
RESULTS
Good work - here's how to make your process even more effective.
You may already use technology for certain hiring- and retention-related functions — but you still could be lagging behind your competitors. The most successful organizations rely on technology to streamline and improve virtually every aspect of these processes.
Consider these best practices:
Fine-tune recruiting. HR leaders at the top-performing firms take a proactive approach to finding strong hires. They are 60 percent more likely than their peers to use data to build profiles of the optimal candidates.
Automate benefits administration. The most successful firms across industries far outpace their peers in providing employees with convenient, self-service options for updating personal information, retirement contributions, and more.
Promote work-life balance.
HR leaders at top-performing organizations report offering flexible scheduling, employee assistance programs, and other options to support employees.
Track engagement. Top-performing companies tune in to their employees: They are 50 percent more likely than others to measure engagement regularly via electronic surveys and other feedback tools.
RESULT
Great job — now, expand your tactics to ensure success.
When you’re in a tight race for talent, every possible advantage counts. Leaning more heavily on technology could net you the biggest and fastest payoff. HR leaders at the most successful professional services and other firms use technology in their hiring and retention processes much more than their peers, the Paychex survey revealed.
Specifically, top performers use technology to:
Streamline recruiting and hiring. Three-quarters of the most successful companies automate the processes of application sorting, prescreening, and scheduling interviews to speed up time-to-hire.
Enhance onboarding. Six in 10 top-performing firms use onboarding software to provide new hires with the company information and paperwork they need for a strong, fast start.
Automate benefits administration. Top-performing organizations save time and build employee satisfaction by offering convenient self-service options for updating personal information, 401(k) contributions, and more.
Provide meaningful feedback. The most successful companies go beyond individual yearly reviews, and are twice as likely as their peers to measure team performance. They also use technology to better manage the review process.
RESULT
Congratulations — stay the course, you’re on your way to success
Your hiring and retention practices are strong. But, don’t get complacent. Attracting and retaining top talent requires you to continue evolving your practices.
Ask yourself these questions to build on your current success:
Are your applicant pools consistently strong? Top-performing companies in the Paychex survey are 60 percent more likely than others to tap data to create candidate profiles to attract the right talent.
How well are new hires integrated? HR teams at the most successful companies know a good onboarding experience is a key to a strong start. Six in 10 use onboarding software to provide a smooth, consistent experience.
Do employees have growth opportunities? The most successful organizations are 70 percent more likely than their peers to offer ongoing training to help employees succeed.
How do your benefits compare? Top-performing companies across industries outpace others in offering wellness programs, employee assistance programs, and childcare cost assistance.
Do you rely on data to create candidate profiles?
A YES
B NO
Question 1/9
Question 6/9
A YES
B NO
Are employees offered self-service options for tasks such as viewing pay slips, completing enrollment forms, and changing retirement contribution amounts?
A YES
B NO
Use this free checklist to define your HR goals and develop a plan to strengthen your hiring and retention practices.
Take the next step.
Thank You
FINISH
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B NO
A YES
