If there is anything that the pandemic has taught us about the modern workforce, it’s that nothing is permanent. The lack of job security, the rise of unemployment, and the drastic consequences on our mental health—all these were experienced by every employee from all around the world during the height of COVID-19. Global businesses also took a major hit with high turnover rates that resulted in reduced productivity, greater hiring expenses, and harm to their reputation.
It is no shock that the pandemic has also urged people to quit their jobs. Over 47 million employees voluntarily left their jobs in 2021 to seek better opportunities according to the US Bureau of Labor Statistics (BLS). This phenomenon is known as “The Great Resignation” and would remain strong throughout 2023. Yet this trend wasn’t the only thing that affected millions of workers and companies. The term “quiet quitting” also went viral where employees would feel disengaged with their jobs while doing the bare minimum until they would eventually resign when a better opportunity comes their way.
So, what about now? Well, experts say that The Great Resignation 2.0 is currently in the works. Many people are still exiting their jobs and experience employee burnout which would lead them to refuse to go above and beyond in their jobs. In a survey by isolved, the three top factors why employees venture out into new job opportunities are because of burnout, anxiety, and the demand for financial stability. The same survey also urges employers to reassess their recruitment methods and how they plan to retain employees in 2023.
Want another recruitment alternative that works well as traditional hiring? Whether you need a little boost to maneuver the global skills shortage issue or your projects are getting a bit complicated to handle, a consultant can easily be the best decision your company makes during The Great Resignation. In this article, we will shed light on some of the amazing benefits of hiring a third-party consulting firm to ease your business burdens.
Fast and easy onboarding
The traditional process of hiring employees may yield unsatisfactory results in these trying times and can lead your hiring team back to the drawing board. Let a consultant quickly fill the gaps in your team. Considering we are in a time of an unstable economic market, you’d see a more simplified talent search and onboarding process with consultants.
Remember, finding a suitable candidate is one thing, having to maintain them is another. Both are daunting tasks for a hiring team, especially at this time when the labor market competition is high and dry. With consultants, you can expect them to immediately jump into your projects and lead your team to success.
Cost-efficient
Cost-wise, traditional recruiting can be excessive depending on your industry. On top of the time you’d spend waiting to fill a single position, you also need to be mindful of other hiring costs such as salaries of your existing recruitment team, advertising costs, recruitment software, onboarding expenses, and training costs. All of these are unnecessary during a pandemic and can easily be allocated to other core areas of your company, or even better, to a dedicated consultant.
When you hire a consultant, you’re only paying them for their service when you need them, and usually, you’re getting more bang for your buck over hiring new hires who also do similar tasks.
Experts in their fields
Not only employing consultants is a quick and practical fix during The Great Resignation, but consultants can also advise you on the best practices and techniques to combat it. With consultants, you’re getting years of past relevant experience and key insights in multiple industries all neatly bundled for your organization. A consultant’s advice during a global pandemic can be extremely beneficial, which is why they are often sought after by organizations and entrepreneurs.
Consultants can also offer management training for your existing team to sift through any inconsistencies and better prepare them for the future. Better be prepared for a knowledge transition plan then after they leave so they won’t be left in the dark.
Strength in numbers
The Great Resignation has paved a way for freelancers, independent contractors, and the gig economy to rise. It is bound to happen with remote and hybrid work being the current most preferred work arrangement. And luckily with 60 million Americans who chose to be freelancers in 2022 from 59 million in 2021 according to Upwork, you’re more likely to find the right candidate for any job.
Freelancers and consultants are your modern-day solutions to your modern-day problems. Consultants are thought leaders and are more involved with the process of transforming your business than full-time employees. There is no scarcity of talent in our industry, so go find one today!
Expand your reach
Consulting thrives in making connections and transforming them into meaningful relationships. Because of their many years of collaborating with several organizations, you’ll gain a significant perk of expanding your reach. Whether you’re aiming to branch out globally or just want to partner with other similar organizations, a consultant can easily help you with your professional endeavors. They are well-adapted to meeting clients, team members, and internal management of various backgrounds, cultures, work ethics, and more.
Having a diverse network is incredibly valuable for any business going through tough times. Expect a consultant to ensure that better business opportunities are in store for you and your business today and in the coming years.
Transform your team with Rem.Up Consulting
The problem with finding a consultant for your business is that they are scattered throughout the web. You can find some in online networking platforms, or big consulting firms, or you can find a list of qualified freelance consultants that specialize in your industry in your email within minutes with Rem.Up Consulting.
Our fully remote consultants are well-versed in the art of global innovation and business transformation. Let us connect you with the right consultant or freelancer with the right skills in your line of work. Reach out now to us at Rem.Up, schedule a free consultation, and let’s start building your roadmap for success.
Innovate. Optimize. Grow.