http://finance.yahoo.com/news/jobs-are-open-----but-companies-aren-t-filling-them--here-s-why-183423110.html
This article talks about the recent jobs survey from august. They say job openings have reached the highest numbers in over a decade, but employers are taking longer to fill these openings (about 25 days and around 58 days at firms with over 5,000 employees. An economist from the University of Chicago credits this to the economy still being pretty sluggish, and as a result of this he believes firms don't feel as desperate to fill these open positions. He brings up the point how employers are using social media such as LinkedIn and job banks to find new prospects. Another Reason he states for firms being cautious who they are hiring is in recent decades there has been an expansion in protected workers, meaning there are more reasons for them to be sued if they hire and then fire a worker. His solution to this problem is for us to make it easier for employers to enter into no-risk or little-risk trial periods where they can hire someone they feel may not be the best candidate for a trial period. If this candidate doesn't work out then they can fire them without any risk of litigation against them.
The solution the article points out is not a good one. What if the employers extend the amount of time for trial period? Workers will be insecure to work in a company, whether or not they will be in. This can only work in small amount of time. Also, this may affect the company's productivity. Transfering all the papers from just-fired employee to newly-hired one takes some time. This may slow down the company's productivity if company changes their candidate each. Unless the company lowers the expectation are worker hired in longer period.
ReplyDelete