According to the United States Bureau of Labor Statistics, the U.S. unemployment rate is the lowest it has been since May 1969 – over 50 years ago!
Companies may begin finding it more difficult to attract and retain top talent in 2020 with the unemployment rate dropping and the job market becoming increasingly more competitive.
Your office space plays a critical role in the hiring process. From the moment a potential hire arrives for their first interview, they are forming judgments about your workspace and deciphering whether or not it is a place they would enjoy working. Many employees’ final decisions are based on what the work environment has to offer. If your space is not the type that appeals to them, there is a chance you could lose top talent to your competition.
Below is a small list of the items your employees – existing and potential – may be noticing about your workspace:
- Air Quality
- Ease of Collaboration
- Ease of Concentration
- Access to Private Areas
- Access to Social Areas
- Noise Levels
- General Office Vibe – branding, colors, decor, etc.
Is your office equipped to win the war for top talent in 2020?
Begin by discovering how your existing employees feel about your workspace.
Utilize our ‘Rate Your Office’ tool to discover exactly how your workspace is affecting your employees and if changes, big or small, are needed to maximize their job satisfaction.
Do not hesitate to reach out to our team of Workspace Advocates if we can assist in making your office a magnet for top talent!
Source: United States Bureau of Labor Statistics/Council of Economic Advisors. “U.S. Unemployment Rate Falls to 50-Year Low”, October 4, 2019: https://www.whitehouse.gov/articles/u-s-unemployment-rate-falls-50-year-low/.