Small businesses face a common challenge.
According to the 2018 Goldman Sachs 10,000 Small Businesses Summit report 70% of small businesses struggle to find and retain skilled talent.
At 70 percent, this issue is nearly a pandemic among small businesses.
In fact, according to the Summit (the largest gathering of U.S. small business owners), recruiting was the top barrier preventing small businesses from growing more quickly.
There are a number of reasons why recruiting is a challenge for small businesses.
The first is the rising skill gap facing employers.
Employees don’t arrive equipped with all of the skills small business owners would like them to have.
Recruitment and workforce management firm, The Execu Search Group examines this skill gap in their 2018 Hiring Outlook report:
In recent years, the skills shortage has plagued employers across industries. As it becomes increasingly difficult to find the talent they need, these gaps in the workforce can impact a company’s ability to… Read the full article
