Like millions of American companies, the COVID-19 pandemic has been rough on your business. You’re thinking about instituting a hiring freeze this fall, to try to keep costs to a minimum.
On the surface, this might seem like the best idea, as many other businesses are avoiding hiring in Lehigh Valley right now. However, if you can swing the added payroll expense, it might be best to keep moving forward.
You want your company to be around for the long-term, so thinking ahead can be helpful now and in the future. Here are a few reasons why you should avoid a hiring freeze — if possible — right now.
Here’s Why You Shouldn’t Have a Hiring Freeze This Fall
Top Talent is Available
Unfortunately, millions of Americans have been laid off due to the COVID-19 pandemic. Not only does continuing to hire throughout the fall give you the chance to help people get back in the workforce — it also grants you access to a high volume of seriously talented people. This is an opportunity to really elevate your workforce, so jump on it.
Your Employees Have Enough Going On
A hiring freeze might save you money, but it will likely cause employee satisfaction levels to decline. Put it this way — if you have to institute a hiring freeze, it likely means you have the work to justify adding additional team members but are trying to keep payroll costs to a minimum.
In the interim, your existing employees will have to take on extra work, which is a lot right now. Between remote learning — for those with kids — and the many other stressors of life in a global pandemic, people don’t also need to be burdened with an unusually heavy workload.
Stay Ahead of the Competition
You might put a hiring freeze in place, but that doesn’t mean your competition will. Many other companies will use the fall to hire top talent — as noted above — and continue finding pandemic-friendly ways to serve their customer base.
Therefore, not only will failing to hire this season cause you to miss out on talented professionals looking for work — it will also leave you short-staffed. This can easily cause customers to switch to your competitors if they’re able to offer more and/or high-quality products and services.
Hiring in the pandemic is more challenging than ever, so team up with HTSS, Inc. to find the best person for your Lehigh Valley team. Get in touch today to learn more about our customized staffing solutions!