In uncertain times, it becomes difficult for businesses to execute their short and long-term plans for growth and success. Building economic resilience becomes easier when employing talented financial professionals with the right expertise. This includes skills in cost management, forecasting finance trends, and risk management, along with predictive analytics.
Let’s examine a few insights on hiring for economic resilience, effectively sourcing the forward-looking financial talent your business needs. Leverage these insights to position your business for success no matter the current economic situation. It offers an effective approach for building a resilient organization able to withstand downturns while still thriving.
The U.S. Labor Market Forecast to Grow Throughout the Decade
A 2024 forecast from the U.S. Bureau of Labor Statistics (BLS), predicts the American job market to continue expanding. According to their forecast, 6.7 million jobs are slated to be added to the economy by 2033. At that time, the entire labor market is expected to be around 175 million jobs.
Additionally, many of the job roles in demand remain similar to those in 2024. The top fields include accounting, finance, IT, and computer design. Of course, the BLS also forecasts the healthcare and construction sectors to show an increase in new workers. The manufacturing and semiconductor industries are also predicted to see a significant boost in overall employment.
Strategies to find the Financial Professionals your Business Needs
With other companies competing for financial talent over the next decade, a proactive recruitment approach becomes essential. Developing an efficient staffing process remains critical when trying to hire the best finance professionals. After all, the top candidates – no matter their field – typically stay available for only a few weeks. You might identify someone worth hiring, only to find out they already accepted another offer.
Additionally, the risks of a hiring mistake also need to be tempered. Hiring the wrong candidate results in your company having to repeat the failed staffing process and its costs. A thorough vetting and screening process – including checking references – remains essential.
Considering these scenarios, partnering with a staffing agency experienced in recruiting financial professionals makes perfect sense. The top agencies boast efficient staffing processes leveraging modern technology to streamline time-consuming processes, like résumé analysis. As a result, your business onboards the finance talent it needs in a fast and cost-effective manner.
Find Financial Talent Today
When searching for an experienced financial staffing agency, look no further than the team at Synerfac. As one of the top finance recruitment firms in the country, expect to quickly source the candidates your organization needs. Request talent today or give us a call to discuss your current and future hiring plans.